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Oracle 1z1-415 Exam Syllabus Topics:

SectionObjectives
Bills and Collections- Bills Processing
  • 1. Reimbursement lodging and honoring
  • 2. Import and export bills under Letter of Credit
  • 3. Forfaiting and collection processing
Money Market, Foreign Exchange, and Funds Transfer- Treasury and Transfer Operations
  • 1. Money market product maintenance
  • 2. Foreign exchange deal processing
  • 3. Lifecycle processing and revaluation
  • 4. Funds transfer types and settlement processing
Fixed Assets, Expenses, and Lending- Lending and Asset Management
  • 1. Loan contract processing
  • 2. Fixed asset maintenance
  • 3. Lending product definition and configuration
  • 4. Consumer lending lifecycle management
  • 5. Payment and collection processing
Basic Instructions and Retail Telling- Retail Teller Operations
  • 1. Cash, cheque, and demand draft transactions
  • 2. Foreign exchange transactions
  • 3. Standing instructions and product definition
  • 4. Till balancing and workflow maintenance
  • 5. Retail Teller product setup and configuration
Letters of Credit and Nostro Reconciliation- Trade Finance Operations
  • 1. Matching rules and reconciliation classes
  • 2. Import and export Letter of Credit processing
  • 3. Letter of Credit product setup
  • 4. Reimbursement and Letter of Credit resolution

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
Reveal Solution  Discussion  0

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
Reveal Solution  Discussion  0

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
Reveal Solution  Discussion  0

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.
Reveal Solution  Discussion  0

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
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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