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Oracle 1z1-415 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Money Market, Foreign Exchange, and Funds Transfer | - Treasury and Transfer Operations
|
| Topic 2: Fixed Assets, Expenses, and Lending | - Lending and Asset Management
|
| Topic 3: Bills and Collections | - Bills Processing
|
| Topic 4: Letters of Credit and Nostro Reconciliation | - Trade Finance Operations
|
| Topic 5: Basic Instructions and Retail Telling | - Retail Teller Operations
|
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
1. In trade finance, forfaiting involves the purchase of receivables from exporters. Which statement is true about forfaiting in the Bills module of Oracle FLEXCUBE? (Choose the best answer.)
A) A separate menu operation for forfaiting is introduced that can be mapped to a bill product
B) A new operation "forfaiting11 has been introduced at the product level
C) The system will not allow forfaiting as an operation while creating a product Only a change of operation to forfaiting is allowed.
D) Forfaiting is allowed as a new operation at the Bill Contract level.
2. 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) Deposits
B) Indemnity
C) Guarantee
D) Letter of Credit
3. Which three operations are not allowed for a product with the Discounted Straight Line method of revaluation? (Choose three.)
A) partial payment
B) limits tracking
C) cancellation
D) rollover
4. Which statement is true about the Confirmation Tracer? (Choose the best answer)
A) it is a reminder sent to a reimbursing bank, seeking a letter of confirmation
B) His a reminder sent to a confirming bank, seeking a letter of confirmation.
C) ft is a reminder sent to a beneficiary, seeking a letter of confirmation.
D) it is a reminder sent to an issuing bank, seeking a letter of confirmation.
5. 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) Minimum
B) Maximum
C) Standard
D) Minimum, Maximum, and Standard
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: A,C,D | Question # 4 Answer: B | Question # 5 Answer: B |
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