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Oracle 1z1-415 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Interfaces and Integration | - External system integration
|
| Accounting and Financial Integration | - General ledger integration
|
| Core Banking Configuration | - Deposits and loans
|
| Batch Processing and Operations | - End-of-day processing
|
| Product and Pricing Configuration | - Product setup and lifecycle
|
| Payments and Channels | - Payment processing
|
| Security and User Management | - Access control
|
| FLEXCUBE Architecture Overview | - System architecture and components
|
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
1. In trade finance, forfaiting involves the purchase of receivables from exporters. Which statement is true about forfaiting in the Bills module of Oracle FLEXCUBE? (Choose the best answer.)
A) A separate menu operation for forfaiting is introduced that can be mapped to a bill product
B) The system will not allow forfaiting as an operation while creating a product Only a change of operation to forfaiting is allowed.
C) A new operation "forfaiting11 has been introduced at the product level
D) Forfaiting is allowed as a new operation at the Bill Contract level.
2. The system supports Multi Credit Transfer by using the funds transfer module. Which three statements are true about Multi Credit Transfer? (Choose three.)
A) A maximum of 10 contracts can be consolidated under a Multi Credit Reference number.
B) A consolidated accounting reference number must be entered by a user.
C) A message is sent as MT102 and MT 203.
D) The Multi Credit Transfer field should be enabled at the Product and Branch levels.
3. Which statement is true about a change of operation for an export bill that is not under LC? (Choose the best answer.)
A) Only a change of operation from collection to purchase is supported directly for an export bill that is not under LC.
B) a non-LC collection bill can be unlocked and the operation code can be changed from collection to discount if the same is allowed at the product level
C) Change of operation from collection to discount is supported only for LC-based transactions.
D) a non-LC collection bill must be liquidated first and on the same day and a discounted bill must be booked separately, in order to handle change of operation
4. A back-dated loan is initiated and "Liquidate Back Valued Schedules" is set to Yes at the account level. Which statement is true? (Choose the best answer.)
A) Accounting entries related to an Accrual event for back-dated schedules are passed when the account is saved. However, accounting entries for an ALIQ event for back-dated schedules are passed when the loan account is authorized
B) Accounting entries related to an Accrual event for back-dated schedules are passed when the account is saved. However, accounting entries for an ALIQ event for back-dated schedules are passed only during EO
C) Accounting entries related to an Accrual event and an ALIQ event for back-dated schedules are passed when the loan account is saved.
D) Accounting entries related to an Accrual event and an ALIQ event for back-dated schedules are passed only during EOD
5. What does starting a customer session enable a bank user to do? (Choose the best answer.)
A) Automatically get a customer's customer number and account details in transactions.
B) Demonstrate the bank's offerings to customers in simulated mode.
C) Record customer requests and complaints in the system.
D) Display various interest rates to a customer.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B,C,D | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: A |




