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

  • Exam Code: 1z1-415
  • Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
  • Updated: Aug 30, 2026
  • Q & A: 85 Questions and Answers

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Oracle 1z1-415 Exam Syllabus Topics:

SectionObjectives
Basic Instructions and Retail Telling- Retail Teller Operations
  • 1. Foreign exchange transactions
  • 2. Retail Teller product setup and configuration
  • 3. Cash, cheque, and demand draft transactions
  • 4. Till balancing and workflow maintenance
  • 5. Standing instructions and product definition
Bills and Collections- Bills Processing
  • 1. Reimbursement lodging and honoring
  • 2. Import and export bills under Letter of Credit
  • 3. Forfaiting and collection processing
Fixed Assets, Expenses, and Lending- Lending and Asset Management
  • 1. Payment and collection processing
  • 2. Loan contract processing
  • 3. Fixed asset maintenance
  • 4. Consumer lending lifecycle management
  • 5. Lending product definition and configuration
Money Market, Foreign Exchange, and Funds Transfer- Treasury and Transfer Operations
  • 1. Funds transfer types and settlement processing
  • 2. Lifecycle processing and revaluation
  • 3. Foreign exchange deal processing
  • 4. Money market product maintenance
Letters of Credit and Nostro Reconciliation- Trade Finance Operations
  • 1. Letter of Credit product setup
  • 2. Reimbursement and Letter of Credit resolution
  • 3. Import and export Letter of Credit processing
  • 4. Matching rules and reconciliation classes

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

Question 1

What would be Ihe status of a request for a debit transaction if it is not approved within the specified response time? (Choose the best answer)

A. settled
B. closed
C. rejected D recalled


Question 2

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


Question 3

What does the field SI Amount refer to while processing sweep-in transactions?
(Choose the best answer.)

A. minimum sweep amount
B. amount to be swept i n
C. balance in the credit account that should trigger the sweep
D. balance in the debit account that should trigger the sweep


Question 4

Which three options are available in the Rate As On field on the Funds Transfer Product Preference screen? (Choose three.)

A. Amend Date
B. Booking Date
C. Spot Date
D. Value Date


Question 5

Which three are methods of revaluation used in a foreign exchange product? (Choose three.)

A. Net Present Value
B. straight line
C. rebate
D. redonimation


Solutions:

Question 1
Answer: B
Question 2
Answer: D
Question 3
Answer: A
Question 4
Answer: B,C,D
Question 5
Answer: A,B,C

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