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Oracle 1z1-415 Exam Syllabus Topics:

SectionWeightObjectives
Limits, Collateral and Security15%- Limit management and collateral setup
- User access control and security configuration
Product and Component Configuration20%- Product definition and component classes
- Charges, fees, and UDE setup
Architecture and Core Concepts15%- System components and integration framework
- FLEXCUBE Universal Banking technical architecture
Lending and Fixed Assets20%- Fixed assets and expense management
- Loan lifecycle and installment processing
Trade Finance Operations15%- Bills and collections processing
- Letters of Credit and guarantees
Customer and Account Management15%- Account opening and parameterization
- Customer information maintenance

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

Question 1

Identify the correct function ID to access the Bill Contract screen. (Choose the best answer)

A. BCDCONON
B. BCDCONOL
C. BCDTRONL
D. BCDTRNON


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. ARC maintenance screen
C. Till and Vault maintenance screen in Branch Parameters
D. Retail Teller product screen


Question 3

Assume that the documents presented under a sight LC are not discrepant. When will the negotiating bank pay the exporter after presentation of these documents?

A. within two working days
B. after obtaining confirmation from the LC issuing bank
C. immediately
D. within five working days


Question 4

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. MT742
B. MT747
C. MT740
D. MT752


Question 5

A bank owns 50 computer tables whose useful life has been set as 20 years. The depreciation method for these assets is set as the straight line method. The bank wants to determine the value of these tables at the end of their useful life.
What would the value be? (Choose the best answer.)

A. 1
B. o
C. almost 0
D. equal to the original cost of the new asset of the same type


Solutions:

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

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