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Oracle 1z1-415 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Customer and Account Management | 15% | - Account opening and parameterization - Customer information maintenance |
| Trade Finance Operations | 15% | - Letters of Credit and guarantees - Bills and collections processing |
| Limits, Collateral and Security | 15% | - User access control and security configuration - Limit management and collateral setup |
| Product and Component Configuration | 20% | - Product definition and component classes - Charges, fees, and UDE setup |
| Lending and Fixed Assets | 20% | - Fixed assets and expense management - Loan lifecycle and installment processing |
| Architecture and Core Concepts | 15% | - FLEXCUBE Universal Banking technical architecture - System components and integration framework |
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
If an Outgoing Request for a debit transaction is approved, what would it result in? (Choose the best answer.)
- A. outgoing payment
- B. incoming payment C outgoing direct debit
- C. incoming direct debit
Correct Answer: C 🗳️
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 user liquidates the deal manually by invoking the payment screen.
- B. The system liquidates based on the contract-level parameters.
- C. The liquidation does not take place.
- D. The system liquidates based on the product-level parameters.
Correct Answer: B 🗳️
Merchandise can be classified and maintained in Oracle FLEXCUBE. Where would you maintain the merchandise that is involved in a trade transaction with an underlying LC? (Choose the best answer.)
- A. Merchandise code maintenance
- B. INCO terms maintenance
- C. Commodity Code maintenance
- D. Documents maintenance
Correct Answer: C 🗳️
In which depreciation method does the amount of depreciation provided by a bank on a fixed asset not remain constant throughout the useful life of the asset? (Choose the best answer.)
- A. wntten down value
- B. sum of digits depreciation method
- C. straight line method
- D. activity depreciation method
Correct Answer: A 🗳️
A Forward Buy Contract is opened on January 1,2014 with a product of type Forward, which supports the Option Date feature and a maximum tenor of 12 months. Which three options can this Contract be opened with? (Choose three.)
- A. Contract Value Date = January 1, 2014; Option Date = January 15.2014
- B. Contract Value Date = January 1, 2014; Option Date = November 30, 2014
- C. Contract Value Date = December 31. 2014; Option Date = December 25, 2014
- D. Contract Value Date = October 31.2014; Option Date = October 31.2014
Correct Answer: A,B,D 🗳️
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