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Oracle 1z1-415 Exam Syllabus Topics:

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

1. There can be overage or shortage of cash while processing Retail Teller transactions. The bank can specify the General Ledger in which the overage or shortage should be booked. On which screen can the Overage or Shortage GL be maintained? (Choose the best answer.)

A) There is no Overage or Shortage GL maintenance in Oracle FLEXCUBE
B) Retail Teller product screen
C) ARC maintenance screen
D) Till and Vault maintenance screen in Branch Parameters

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

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

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

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

4. A bank uses the tracer function in the Bills module to send automatic swift tracer messages that seek acceptance of usance bills. The bank's requirement is that the sending of tracers should be stopped after receiving an acceptance message.
How should you handle this? (Choose the best answer.)

A) Unlock the bill contract and select the "stop tracer option.
B) Unlock the bill contract and input the "acceptance message date," which will stop additional tracers.
C) Select the "auto tracer stop' option at the Bill product level.
D) Upload the incoming Acceptance message" into the bill contract by using the straight through processing option.

5. A bank wants payment fate tracers to be generated automatically by the system. To which event should this tracer be attached and what is the name of this advice?

A) TPFT event and RESERVE_RELEASE advice
B) TPFT event and PAYMNTFATE_TRCR advice
C) TDIS event and DISCAPPRVLJRCR advice
D) TDIS event and PAYMNTFATE_TRCR advice

Solutions: