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

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

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

2. Identify two types of money market contracts where the maturity date is not input by a user. (Choose two.)

A) notice
B) call
C) fixed
D) floating

3. What is the maximum number of charges that can be attached to a Retail Teller product? (Choose the best answer.)

A) three
B) four
C) unlimited
D) five

4. You can create the Reimbursement LC product type in Oracle FLEXCUBE. When will a bank create a contract under the product type Reimbursement? (Choose the best answer.)

A) when the bank acts as a claiming bank
B) when the bank acts as an issuing bank
C) when the bank acts as an advising bank
D) when the bank acts as a reimbursing bank

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) Record customer requests and complaints in the system.
C) Display various interest rates to a customer.
D) Demonstrate the bank's offerings to customers in simulated mode.

Solutions: