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Oracle 1z1-415 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Letters of Credit and Nostro Reconciliation | - Trade Finance Operations
|
| Topic 2: Basic Instructions and Retail Telling | - Retail Teller Operations
|
| Topic 3: Bills and Collections | - Bills Processing
|
| Topic 4: Money Market, Foreign Exchange, and Funds Transfer | - Treasury and Transfer Operations
|
| Topic 5: Fixed Assets, Expenses, and Lending | - Lending and Asset Management
|
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
Question 1
An exporter intends to bid for a software project in another country. What kind of facility should the exporter avail of a bank in order to participate in the bidding? (Choose the best answer.)
A. Letter of Credit
B. Indemnity
C. Guarantee
D. Deposits
Question 2
Which two statements are true in defining a Reconciliation Class? (Choose two.)
A. indicate whether the matching type is Mirroring or Replication.
B. Match rule sequence is insignificant
C. Define the external account.
D. Incorporate many rules into a class.
Question 3
Which statement is true about lodging export bills that are not under LC? (Choose the best answer.)
A. These are collection bills governed by URC 722. The system does not allow you to input and save any discrepancies noted for collection bills.
B. These are collection bills governed by URC 722. The system allows you to input and save any discrepancies noted for collection bills.
C. These are collection bills governed by URC 522. The system allows you to input and save any discrepancies noted for collection bills.
D. These are collection bills governed by URC 522. The system does not allow you to save a collection bill with discrepancies.
Question 4
A usance import bill that is not under a Letter of Credit has been received for 510,000 USD. The drawer has not made a payment for the bill. The drawer has requested the collecting bank (importer's bank) to protest on the drawer's behalf. What event should be attached to support this function'? (Choose the best answer.)
A. AMND
B. CLOS
C. REFP
D. PRNP
Question 5
Identify the format in which the number of original documents is input. (Choose the best answer.)
A. n/n
B. nn
C. n
D. nn/n
Solutions:
| Question 1 Answer: C | Question 2 Answer: C,D | Question 3 Answer: B | Question 4 Answer: C | Question 5 Answer: B |
