Oracle 1z1-415 : Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials

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Oracle 1z1-415 Exam Syllabus Topics:

Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:

Question 1

What is the maximum number of charges that can be attached to a Retail Teller product? (Choose the best answer.)

A. five
B. four
C. unlimited
D. three

Question 2

The system supports Multi Credit Transfer by using the funds transfer module. Which three statements are true about Multi Credit Transfer? (Choose three.)

A. The Multi Credit Transfer field should be enabled at the Product and Branch levels.
B. A message is sent as MT102 and MT 203.
C. A consolidated accounting reference number must be entered by a user.
D. A maximum of 10 contracts can be consolidated under a Multi Credit Reference number.

Question 3

In a particular depreciation method, the amount of depreciation provided by a bank on a fixed asset remains constant throughout the useful life of the asset. Which is this method? (Choose the best answer)

A. written down value
B. straight line method
C. activity depreciation method D sum of digits depreciation method

Question 4

Select two true statements about Liquidation mode. (Choose two.)

A. if Liquidation mode is other than Auto or Manual, it can be set at the component level and can be changed at the Loan account level.
B. Liquidation mode can be Auto or Manual. If the Liquidation mode is Auto, it is applicable for all components of a product and can not be changed at the Loan account level.
C. Liquidation mode can be Auto or Manual. If Liquidation mode is Auto, it is applicable for all components of a product and can be changed at the Loan account level
D. Liquidation mode can be Auto or Manual If Liquidation mode is Manual, it is applicable for all components of a product and cannot be changed at the Loan account level.

Question 5

There can be overage or shortage of cash while processing Retail Teller transactions. The bank can specify the General Ledger in which the overage or shortage should be booked. On which screen can the Overage or Shortage GL be maintained? (Choose the best answer.)

A. There is no Overage or Shortage GL maintenance in Oracle FLEXCUBE
B. Retail Teller product screen
C. ARC maintenance screen
D. Till and Vault maintenance screen in Branch Parameters

Solutions: