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Oracle 1z1-415 Exam Syllabus Topics:

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

1. What does in-house cheque deposit refer to? (Choose the best answer.)

A) a customer of a bank depositing a cheque into the bank's GL account
B) a bank depositing a cheque given by a customer of the bank into its own account
C) a customer of a bank depositing a cheque into a related customer's account D a customer of a bank depositing a cheque of the same bank belonging to another customer into the account

2. A bank wants to charge depreciation tor an asset at the rate ot 20%, 30%, 25%, b%, and 20% tor the tirst year, second year, and so on till the last year How should you indicate this on the Depreciation Rule Mapping screen? (Choose the best answer.)

A) rule-based
B) ad hoc
C) activity depreciation
D) combination of rule-based and ad hoc

3. Which product type would you choose for moving funds from one account to another beyond a predefined level? (Choose the best answer.)

A) standing payment orders
B) standing collection orders
C) variable payment transactions
D) sweep out transaction ons

4. Which statement is true about the Confirmation Tracer? (Choose the best answer)

A) ft is a reminder sent to a beneficiary, seeking a letter of confirmation.
B) it is a reminder sent to a reimbursing bank, seeking a letter of confirmation
C) His a reminder sent to a confirming bank, seeking a letter of confirmation.
D) it is a reminder sent to an issuing bank, seeking a letter of confirmation.

5. A usance import bill that is not under a Letter of Credit has been received for 510,000 USD. The drawer has not made a payment for the bill. The drawer has requested the collecting bank (importer's bank) to protest on the drawer's behalf. What event should be attached to support this function'? (Choose the best answer.)

A) AMND
B) CLOS
C) REFP
D) PRNP

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