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Oracle 1z1-415 Exam Syllabus Topics:

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

1. In case an auto authorization limit is not specified in PC Source Parameter Maintenance, what would happen to transactions that belong to the customer, source, and product category combination'? (Choose the best answer.)

A) The transactions must be manually authorized.
B) The transactions are rejected
C) The transactions are automatically authorized on upload.
D) The transactions are automatically directed to a referral queue

2. What happens if a contract is marked for auto liquidation and the liquidation day turns out to be a holiday? (Choose the best answer.)

A) The liquidation does not take place.
B) The system liquidates based on the product-level parameters.
C) The system liquidates based on the contract-level parameters.
D) The user liquidates the deal manually by invoking the payment screen.

3. A bank wants to charge depreciation tor an asset at the rate ot 20%, 30%, 25%, b%, and 20% tor the tirst year, second year, and so on till the last year How should you indicate this on the Depreciation Rule Mapping screen? (Choose the best answer.)

A) activity depreciation
B) ad hoc
C) combination of rule-based and ad hoc
D) rule-based

4. 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

5. Identify the correct function ID to access the Bill Contract screen. (Choose the best answer)

A) BCDCONON
B) BCDCONOL
C) BCDTRONL
D) BCDTRNON

Solutions: