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Oracle 1z1-415 Exam Syllabus Topics:

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

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

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

2. 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.

3. What would be Ihe status of a request for a debit transaction if it is not approved within the specified response time? (Choose the best answer)

A) closed
B) rejected D recalled
C) settled

4. Which product type would you choose for moving funds from one account to another beyond a predefined level? (Choose the best answer.)

A) sweep out transaction ons
B) standing collection orders
C) variable payment transactions
D) standing payment orders

5. Identify the SWIFT message that the system generates on successful creation of an LC
contract. (Choose the best answer.)

A) MT700
B) MT710
C) MT760
D) MT734

Solutions: