Oracle 1z1-415 Q&A - in .pdf

  • 1z1-415 pdf
  • Exam Code: 1z1-415
  • Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
  • Updated: Sep 07, 2026
  • Q & A: 85 Questions and Answers
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  • Exam Code: 1z1-415
  • Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
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  • Updated: Sep 07, 2026
  • Q & A: 85 Questions and Answers
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  • 1z1-415 Testing Engine
  • Exam Code: 1z1-415
  • Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
  • Updated: Sep 07, 2026
  • Q & A: 85 Questions and Answers
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1z1-415 Practice Dumps

Oracle 1z1-415 Exam Syllabus Topics:

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

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

Question #1

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 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.
  • D. Define the charge as an UDE and link it at the Installment level status change
Answer: C
Question #2

What does a teller use Transfer Cash From Vault for? (Choose the best answer.)

  • A. to sell only cash
  • B. to buy cash and travelers' cheques
  • C. to sell cash and travelers' cheques
  • D. to buy only cash
Answer: D
Question #3

Where should you configure Spot Days for deals? (Choose the best answer.)

  • A. in the foreign exchange Products Level parameter
  • B. in the Currency Level parameter
  • C. in the Bank Level parameter
  • D. in the Branch Level parameter
Answer: B
Question #4

What does starting a customer session enable a bank user to do? (Choose the best answer.)

  • A. Record customer requests and complaints in the system.
  • B. Demonstrate the bank's offerings to customers in simulated mode.
  • C. Automatically get a customer's customer number and account details in transactions.
  • D. Display various interest rates to a customer.
Answer: C
Question #5

Which two statements are true about a Reconciliation Class? (Choose two.)

  • A. Several rules constitute a Reconciliation Class.
  • B. a rule sequence number is entered manually for the rules that are attached to a Reconciliation Class.
  • C. a Reconciliation Class type can be Mirror or Replication.
  • D. a Reconciliation Class type is both Mirror and Replication.
Answer: A,C

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