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Oracle 1z1-415 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Bills and Collections | - Bills Processing
|
| Money Market, Foreign Exchange, and Funds Transfer | - Treasury and Transfer Operations
|
| Fixed Assets, Expenses, and Lending | - Lending and Asset Management
|
| Basic Instructions and Retail Telling | - Retail Teller Operations
|
| Letters of Credit and Nostro Reconciliation | - Trade Finance Operations
|
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
An exporter intends to bid for a software project in another country. What kind of facility should the exporter avail of a bank in order to participate in the bidding? (Choose the best answer.)
- A. Letter of Credit
- B. Indemnity
- C. Guarantee
- D. Deposits
Correct Answer: C 🗳️
Tenors can be maintained at the LC product level and defaulted at the contract level. Which tenor maintained on the Product Preference screen would default at the contract level'? (Choose the best answer.)
- A. Maximum
- B. Minimum, Maximum, and Standard
- C. Standard
- D. Minimum
Correct Answer: A 🗳️
In which product type are foreign exchange cash deal products configured? (Choose the best answer.)
- A. cash
- B. forward
- C. Non Deliverable Forward
- D. spot
Correct Answer: D 🗳️
What happens to a customer account when a transaction is of type "foreign exchange purchase against account?" (Choose the best answer.)
- A. The account is credited.
- B. The account is debited.
- C. it depends on the currency being purchased.
- D. it depends on whether the customer account is Savings or Current.
Correct Answer: A 🗳️
What does the field SI Amount refer to while processing sweep-in transactions?
(Choose the best answer.)
- A. amount to be swept i n
- B. balance in the debit account that should trigger the sweep
- C. balance in the credit account that should trigger the sweep
- D. minimum sweep amount
Correct Answer: D 🗳️
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