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Oracle 1z1-415 Exam Syllabus Topics:

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

1. Which liability is reduced in the system on booking a bill under a Letter of Credit opened by a customer? (Choose the best answer.)

A) Acceptance liability
B) Bill liability
C) Collection liability
D) LC liability

2. In Landing Module, what are Settlement Bridge General Ledgers used to handle? (Choose the best answer.)

A) adjustment entries
B) suspense entries
C) multiple disbursement schedules
D) multiple modes of settlement

3. Which two statements are true about a Reconciliation Class? (Choose two.)

A) a rule sequence number is entered manually for the rules that are attached to a Reconciliation Class.
B) a Reconciliation Class type is both Mirror and Replication.
C) Several rules constitute a Reconciliation Class.
D) a Reconciliation Class type can be Mirror or Replication.

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

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

5. Oracle FLEXCUBE offers inbuilt and automatic linkage between various modules. Identify the correct linkage that is applicable to the Fixed Asset (FA) module. (Choose the best answer)

A) Fixed Asset and Asset Management
B) Fixed Asset and Expense Processing
C) Fixed Asset and Teller
D) Fixed Asset and Allocation

Solutions: