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Oracle 1z1-415 Exam Syllabus Topics:

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

Question 1

A bank would like to give the option of bill discounting to an exporter against 100 percent collateral in the form of deposits. On which tab of the contract screen would you input the collateral details9 (Choose the best answer.)

A. settlement
B. linkages
C. collateral
D. fields

Question 2

Assuming that a bank entered into a USD Spot Deal with a customer on Monday, January 15, and that there are no holidays during the week, on which date will the transaction be settled in the system? (Choose the best answer.)

A. as per the Spot days maintained on the Currency Pair Definition screen for USD
B. as per the Spot days maintained on the Branch Parameters screen
C. as per the Spot days maintained on the Bank Parameters screen
D. as per the Spot days maintained on the Currency Definition screen for USD

Question 3

If an Outgoing Request for a debit transaction is approved, what would it result in? (Choose the best answer.)

A. outgoing payment
B. incoming payment C outgoing direct debit
C. incoming direct debit

Question 4

A bank uses the tracer function in the Bills module to send automatic swift tracer messages that seek acceptance of usance bills. The bank's requirement is that the sending of tracers should be stopped after receiving an acceptance message.
How should you handle this? (Choose the best answer.)

A. Select the "auto tracer stop' option at the Bill product level.
B. Unlock the bill contract and select the "stop tracer option.
C. Unlock the bill contract and input the "acceptance message date," which will stop additional tracers.
D. Upload the incoming Acceptance message" into the bill contract by using the straight through processing option.

Question 5

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

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

Solutions: