Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle FLEXCUBE
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Oracle 1z0-415 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Letters of Credit and Nostro Reconciliation | - Trade Finance Operations
|
| Bills and Collections | - Bills Processing
|
| Basic Instructions and Retail Telling | - Retail Teller Operations
|
| Fixed Assets, Expenses, and Lending | - Lending and Asset Management
|
| Money Market, Foreign Exchange, and Funds Transfer | - Treasury and Transfer Operations
|
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
You can create the Reimbursement LC product type in Oracle FLEXCUBE. When will a bank create a contract under the product type Reimbursement? (Choose the best answer.)
- A. when the bank acts as an issuing bank
- B. when the bank acts as a reimbursing bank
- C. when the bank acts as an advising bank
- D. when the bank acts as a claiming bank
What is the maximum number of charges that can be attached to a Retail Teller product? (Choose the best answer.)
- A. three
- B. four
- C. unlimited
- D. five
Which statement is true about the Confirmation Tracer? (Choose the best answer)
- A. His a reminder sent to a confirming bank, seeking a letter of confirmation.
- B. it is a reminder sent to an issuing bank, seeking a letter of confirmation.
- C. it is a reminder sent to a reimbursing bank, seeking a letter of confirmation
- D. ft is a reminder sent to a beneficiary, seeking a letter of confirmation.
A Letter of Credit with tenor as sight stipulates that the reimbursement of bills submitted under this Letter of Credit can be claimed immediately after negotiation of documents.
Which SWIFT message is generated by the system for claiming this reimbursement? (Choose the best answer)
- A. MT752
- B. MT747
- C. MT740
- D. MT742
In which depreciation method does the amount of depreciation provided by a bank on a fixed asset not remain constant throughout the useful life of the asset? (Choose the best answer.)
- A. sum of digits depreciation method
- B. activity depreciation method
- C. straight line method
- D. wntten down value
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