Oracle 1z0-415 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Payments and Channels | - Payment processing
|
| Topic 2: Core Banking Configuration | - Deposits and loans
|
| Topic 3: Product and Pricing Configuration | - Product setup and lifecycle
|
| Topic 4: Accounting and Financial Integration | - General ledger integration
|
| Topic 5: FLEXCUBE Architecture Overview | - System architecture and components
|
| Topic 6: Batch Processing and Operations | - End-of-day processing
|
| Topic 7: Interfaces and Integration | - External system integration
|
| Topic 8: Security and User Management | - Access control
|
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
Question #1
Home loans are given at a fixed interest rate of 10%. The rate now must be increased to 11 %. How can this be done in the system? (Choose the best answer.
A. by changing the rate value in Loan Account UDEs
B. by amending the UDE value on the Value Dated Amendment screen
C. by changing the interest rate on the UDE values screen
D. by unlocking the loan account and changing the value on the Interest tab
Question #2
What does the field SI Amount refer to while processing sweep-in transactions?
(Choose the best answer.)
A. minimum sweep amount
B. balance in the credit account that should trigger the sweep
C. amount to be swept i n
D. balance in the debit account that should trigger the sweep
Question #3
A Forward Buy Contract is opened on January 1,2014 with a product of type Forward, which supports the Option Date feature and a maximum tenor of 12 months. Which three options can this Contract be opened with? (Choose three.)
A. Contract Value Date = December 31. 2014; Option Date = December 25, 2014
B. Contract Value Date = January 1, 2014; Option Date = January 15.2014
C. Contract Value Date = October 31.2014; Option Date = October 31.2014
D. Contract Value Date = January 1, 2014; Option Date = November 30, 2014
Question #4
What benefit does an exporter get when asking for a documentary credit (LC) to be confirmed by the advising or negotiating bank? (Choose the best answer.)
A. After confirming the LC, the advising or negotiating bank will pay or promise to pay against presented documents, which after checking are found to be as
B. Confirmation of the LC ensures that the goods that are exported are of very high quality.
C. There is no benefit. LC confirmation is a practice that banks follow to earn more revenue.
D. Confirmation of the LC removes all discrepancies in the documents submitted.
Question #5
Identify two types of money market contracts where the maturity date is not input by a user. (Choose two.)
A. call
B. floating
C. fixed
D. notice
Solutions:
| Question #1 Correct Answer: C | Question #2 Correct Answer: A | Question #3 Correct Answer: B,C,D | Question #4 Correct Answer: A | Question #5 Correct Answer: A,D |
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