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Oracle 1z1-415 Exam Syllabus Topics:

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

1. What does starting a customer session enable a bank user to do? (Choose the best answer.)

A) Demonstrate the bank's offerings to customers in simulated mode.
B) Automatically get a customer's customer number and account details in transactions.
C) Record customer requests and complaints in the system.
D) Display various interest rates to a customer.

2. Which product type would you choose for moving funds from one account to another beyond a predefined level? (Choose the best answer.)

A) variable payment transactions
B) sweep out transaction ons
C) standing collection orders
D) standing payment orders

3. Different events are triggered during the life cycle of an LC contract. Which event is triggered on issuance of an import LC t (Choose the best answer?)

A) REIN
B) BISS
C) BOOK
D) AVAL

4. For an Outgoing cross currency funds transfer, what is the amount tag for the debit and credit transaction entries of the transfer? (Choose the best answer.)

A) Amt_Equiv for both the legs
B) Amt_Equiv and Trf_Amt, respectively
C) Trf_Amt for both the legs
D) Trf_Amt and Amt_Equiv, respectively

5. 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 consolidated accounting reference number must be entered by a user.
C) A message is sent as MT102 and MT 203.
D) A maximum of 10 contracts can be consolidated under a Multi Credit Reference number.

Solutions: