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Oracle 1z1-415 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Lending and Fixed Assets | 20% | - Fixed assets and expense management - Loan lifecycle and installment processing |
| Topic 2: Limits, Collateral and Security | 15% | - User access control and security configuration - Limit management and collateral setup |
| Topic 3: Customer and Account Management | 15% | - Account opening and parameterization - Customer information maintenance |
| Topic 4: Product and Component Configuration | 20% | - Product definition and component classes - Charges, fees, and UDE setup |
| Topic 5: Trade Finance Operations | 15% | - Letters of Credit and guarantees - Bills and collections processing |
| Topic 6: Architecture and Core Concepts | 15% | - System components and integration framework - FLEXCUBE Universal Banking technical architecture |
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
Question #1
In trade finance, forfaiting involves the purchase of receivables from exporters. Which statement is true about forfaiting in the Bills module of Oracle FLEXCUBE? (Choose the best answer.)
A. Forfaiting is allowed as a new operation at the Bill Contract level.
B. The system will not allow forfaiting as an operation while creating a product Only a change of operation to forfaiting is allowed.
C. A separate menu operation for forfaiting is introduced that can be mapped to a bill product
D. A new operation "forfaiting11 has been introduced at the product level
Question #2
A bank wants to include the user reference number that is generated from the money market module in Swift messages. Where is this defined? (Choose the best answer.)
A. Money Market Product
B. Money Market Contract
C. Money Market Bank Parameter
D. Money Market Branch Parameter
Question #3
Which two statements are true in defining a Reconciliation Class? (Choose two.)
A. Incorporate many rules into a class.
B. Match rule sequence is insignificant
C. Define the external account.
D. indicate whether the matching type is Mirroring or Replication.
Question #4
Which two are possible matching types for reconciliation? (Choose two.)
A. replicated
B. confirmed
C. identical
D. suggested
Question #5
How many charge rules can be associated with a funds transfer product code? (Choose the best answer)
A. one
B. nil
C. two
D. as many as possible
Solutions:
| Question #1 Correct Answer: A | Question #2 Correct Answer: B | Question #3 Correct Answer: A,C | Question #4 Correct Answer: B,D | Question #5 Correct Answer: A |
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