Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials - 1z1-415 certification

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Oracle 1z1-415 Exam Syllabus Topics:

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

1. Which three options are available in the Rate As On field on the Funds Transfer Product Preference screen? (Choose three.)

A) Value Date
B) Booking Date
C) Spot Date
D) Amend Date

2. For an Outgoing cross currency funds transfer, what is the amount tag for the debit and credit transaction entries of the transfer? (Choose the best answer.)

A) Trf_Amt and Amt_Equiv, respectively
B) Amt_Equiv for both the legs
C) Amt_Equiv and Trf_Amt, respectively
D) Trf_Amt for both the legs

3. Which three are methods of revaluation used in a foreign exchange product? (Choose three.)

A) straight line
B) Net Present Value
C) redonimation
D) rebate

4. A bank would like to give the option of bill discounting to an exporter against 100 percent collateral in the form of deposits. On which tab of the contract screen would you input the collateral details9 (Choose the best answer.)

A) collateral
B) fields
C) settlement
D) linkages

5. If an Outgoing Request for a debit transaction is approved, what would it result in? (Choose the best answer.)

A) outgoing payment
B) incoming payment C outgoing direct debit
C) incoming direct debit

Solutions: