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Oracle 1z1-415 Exam Syllabus Topics:

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

1. Which three options are available in the Rate As On field on the Funds Transfer Product Preference screen? (Choose three.)

A) Value Date
B) Amend Date
C) Booking Date
D) Spot Date

2. 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

3. Which statement is true about a change of operation for an export bill that is not under LC? (Choose the best answer.)

A) a non-LC collection bill must be liquidated first and on the same day and a discounted bill must be booked separately, in order to handle change of operation
B) Only a change of operation from collection to purchase is supported directly for an export bill that is not under LC.
C) a non-LC collection bill can be unlocked and the operation code can be changed from collection to discount if the same is allowed at the product level
D) Change of operation from collection to discount is supported only for LC-based transactions.

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

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

5. A bank owns 50 computer tables whose useful life has been set as 20 years. The depreciation method for these assets is set as the straight line method. The bank wants to determine the value of these tables at the end of their useful life.
What would the value be? (Choose the best answer.)

A) almost 0
B) equal to the original cost of the new asset of the same type
C) 1
D) o

Solutions: