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Oracle 1z0-415 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Security and User Management | - Access control
|
| Product and Pricing Configuration | - Product setup and lifecycle
|
| Core Banking Configuration | - Customer and account setup
|
| Payments and Channels | - Payment processing
|
| Accounting and Financial Integration | - General ledger integration
|
| FLEXCUBE Architecture Overview | - System architecture and components
|
| Interfaces and Integration | - External system integration
|
| Batch Processing and Operations | - End-of-day processing
|
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
In the Lending Product FRCLPROD, INTEREST_RATE is attached to a Rate Code LIBOR. The LIBOR changes daily, resulting in UDE value changes. The product configuration requires that INTEREST_RATE is linked to LIBOR as on the date of creation for the next X years (X varies for different customers) and be changed thereafter.
Which option best satisfies this requirement? {Choose the best answer.)
- A. Create different Rate Codes for each of the X periods
- B. Use the already created Rate Code (attached to LIBOR) and have a Rate Revision Schedule, which changes after X years
- C. Create different products for each of the X variants.
- D. Such a product code cannot be defined without code changes
Correct Answer: B 🗳️
What does a teller use Transfer Cash From Vault for? (Choose the best answer.)
- A. to buy only cash
- B. to sell cash and travelers' cheques
- C. to sell only cash
- D. to buy cash and travelers' cheques
Correct Answer: A 🗳️
If an Outgoing Request for a debit transaction is approved, what would it result in? (Choose the best answer.)
- A. incoming payment C outgoing direct debit
- B. incoming direct debit
- C. outgoing payment
Correct Answer: B 🗳️
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. Deposits
- B. Guarantee
- C. Indemnity
- D. Letter of Credit
Correct Answer: B 🗳️
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. 1
- B. equal to the original cost of the new asset of the same type
- C. almost 0
- D. o
Correct Answer: D 🗳️
