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Oracle 1z1-415 Exam Syllabus Topics:

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

1. Different events are triggered during the life cycle of an LC contract. Which event is triggered on issuance of an import LC t (Choose the best answer?)

A) REIN
B) BOOK
C) AVAL
D) BISS

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

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

3. A bank wants to include the user reference number that is generated from the money market module in Swift messages. Where is this defined? (Choose the best answer.)

A) Money Market Branch Parameter
B) Money Market Contract
C) Money Market Product
D) Money Market Bank Parameter

4. The system allows the Match Status to be Open, Suggested, or Closed. Which two statements are true about Match Status of Suggested? (Choose two.)

A) The suggested entries can be rejected.
B) The suggested entries cannot be rejected.
C) The suggested entries can be confirmed.
D) The suggested entires can be modified.

5. 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.

Solutions: