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Oracle 1z0-415 real answers - Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials

1z0-415
  • Exam Code: 1z0-415
  • Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
  • Updated: Sep 18, 2026
  • Q & A: 85 Questions and Answers
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Oracle 1z0-415 Exam Syllabus Topics:

SectionObjectives
Topic 1: Basic Instructions and Retail Telling- Retail Teller Operations
  • 1. Cash, cheque, and demand draft transactions
  • 2. Retail Teller product setup and configuration
  • 3. Standing instructions and product definition
  • 4. Till balancing and workflow maintenance
  • 5. Foreign exchange transactions
Topic 2: Letters of Credit and Nostro Reconciliation- Trade Finance Operations
  • 1. Letter of Credit product setup
  • 2. Reimbursement and Letter of Credit resolution
  • 3. Import and export Letter of Credit processing
  • 4. Matching rules and reconciliation classes
Topic 3: Money Market, Foreign Exchange, and Funds Transfer- Treasury and Transfer Operations
  • 1. Funds transfer types and settlement processing
  • 2. Lifecycle processing and revaluation
  • 3. Foreign exchange deal processing
  • 4. Money market product maintenance
Topic 4: Fixed Assets, Expenses, and Lending- Lending and Asset Management
  • 1. Loan contract processing
  • 2. Payment and collection processing
  • 3. Consumer lending lifecycle management
  • 4. Lending product definition and configuration
  • 5. Fixed asset maintenance
Topic 5: Bills and Collections- Bills Processing
  • 1. Forfaiting and collection processing
  • 2. Reimbursement lodging and honoring
  • 3. Import and export bills under Letter of Credit

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

Question #1

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 allows you to input and save any discrepancies noted for collection bills.
  • B. These are collection bills governed by URC 522. The system does not allow you to save a collection bill with discrepancies.
  • C. These are collection bills governed by URC 722. The system does not allow you to input and save any discrepancies noted for collection bills.
  • D. These are collection bills governed by URC 522. The system allows you to input and save any discrepancies noted for collection bills.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #2

The status of an installment changes from Normal to Past Due Obligation. A bank wants to levy a charge of $5 USD on it. How can the charge be defined and levied?(Choose the best answer)

  • A. Define the charge as a component at the Product Component Class level and link it at the Account level status change.
  • B. Define the charge as a component at the Product level and link it on the Loan Account Charges screen.
  • C. Define the charge as an UDE and link it at the Installment level status change
  • D. Define the charge as a component at the Product Component Class level Default the component by mapping the Component Class to the Product and link the charge component at the Installment level status change.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #3

Identify two types of money market contracts where the maturity date is not input by a user. (Choose two.)

  • A. floating
  • B. call
  • C. fixed
  • D. notice
Reveal Solution  Discussion  0

Correct Answer: B,D  🗳️

Question #4

Which two are possible matching types for reconciliation? (Choose two.)

  • A. confirmed
  • B. replicated
  • C. suggested
  • D. identical
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

Question #5

A bank wants payment fate tracers to be generated automatically by the system. To which event should this tracer be attached and what is the name of this advice?

  • A. TDIS event and PAYMNTFATE_TRCR advice
  • B. TPFT event and RESERVE_RELEASE advice
  • C. TDIS event and DISCAPPRVLJRCR advice
  • D. TPFT event and PAYMNTFATE_TRCR advice
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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