About Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials exam torrent

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Oracle 1z1-415 Exam Syllabus Topics:

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

1. What happens if a contract is marked for auto liquidation and the liquidation day turns out to be a holiday? (Choose the best answer.)

A) The system liquidates based on the product-level parameters.
B) The system liquidates based on the contract-level parameters.
C) The liquidation does not take place.
D) The user liquidates the deal manually by invoking the payment screen.

2. A usance import bill that is not under a Letter of Credit has been received for 510,000 USD. The drawer has not made a payment for the bill. The drawer has requested the collecting bank (importer's bank) to protest on the drawer's behalf. What event should be attached to support this function'? (Choose the best answer.)

A) PRNP
B) AMND
C) REFP
D) CLOS

3. Events and accounting entries are define in the product definition, i ne accounting entries in events are not mandatory tor a configured bi Product. A business user updates the Contract status manually to amend the payment status for the contracts under this SI Product.
Which SI Product is used to book a Contract to track only the payment status? (Choose the best answer.)

A) Payment
B) Sweep (in and out)
C) Collection
D) Variable Payment

4. 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

5. Which maintenance can a teller use to make the exchange rate picked by a system in a transaction non-amendable? (Choose the best answer.)

A) Function Group detail
B) Function Workflow definition detail
C) ARC maintenance
D) Transaction Code maintenance

Solutions: