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Oracle 1z1-415 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Basic Instructions and Retail Telling | - Retail Teller Operations
|
| Topic 2: Letters of Credit and Nostro Reconciliation | - Trade Finance Operations
|
| Topic 3: Bills and Collections | - Bills Processing
|
| Topic 4: Money Market, Foreign Exchange, and Funds Transfer | - Treasury and Transfer Operations
|
| Topic 5: Fixed Assets, Expenses, and Lending | - Lending and Asset Management
|
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
1. For a revolving-in-time LC that was issued on January 1,2014 with a reinstatement frequency of 60 days, what would be the next reinstatement date? (Choose the best answer.)
A) March 1.2014
B) None. LCs cannot revolve in time.
C) March 2. 2014
D) February 28, 2014
2. Identify four Document Clause types that are available in the system for the LC module. (Choose four.)
A) invoice
B) others
C) packing list
D) insurance
E) drafts
F) transport
G) certificates
3. A Letter of Credit with tenor as sight stipulates that the reimbursement of bills submitted under this Letter of Credit can be claimed immediately after negotiation of documents.
Which SWIFT message is generated by the system for claiming this reimbursement? (Choose the best answer)
A) MT747
B) MT740
C) MT742
D) MT752
4. The system supports Multi Credit Transfer by using the funds transfer module. Which three statements are true about Multi Credit Transfer? (Choose three.)
A) A consolidated accounting reference number must be entered by a user.
B) A message is sent as MT102 and MT 203.
C) A maximum of 10 contracts can be consolidated under a Multi Credit Reference number.
D) The Multi Credit Transfer field should be enabled at the Product and Branch levels.
5. 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) Retail Teller product screen
B) ARC maintenance screen
C) Till and Vault maintenance screen in Branch Parameters
D) There is no Overage or Shortage GL maintenance in Oracle FLEXCUBE
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,B,D,F | Question # 3 Answer: C | Question # 4 Answer: A,B,D | Question # 5 Answer: C |
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