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Oracle 1z1-415 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials |
| Exam Number: | 1Z0-415 |
| Related Certifications: | Oracle FLEXCUBE Universal Banking certifications |
| Exam Price: | USD 245 (may vary by region) |
| Exam Duration: | 120 minutes |
| Exam Format: | Multiple choice, Scenario-based questions |
| Passing Score: | 68% |
| Certificate Validity Period: | 3 years (typical Oracle certification validity; may vary by program) |
| Real Exam Qty: | Approximately 60-70 |
| Available Languages: | English |
| Recommended Training: | Oracle University FLEXCUBE Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: | Oracle 1z1-415 Sample Questions |
| Exam Way: | Online proctored exam or authorized test center delivery |
| Pre Condition: | Recommended knowledge of Oracle FLEXCUBE fundamentals and core banking concepts. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1z1-415 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Product and Pricing Configuration | - Product setup and lifecycle
|
| Topic 2: Security and User Management | - Access control
|
| Topic 3: Interfaces and Integration | - External system integration
|
| Topic 4: FLEXCUBE Architecture Overview | - System architecture and components
|
| Topic 5: Accounting and Financial Integration | - General ledger integration
|
| Topic 6: Core Banking Configuration | - Deposits and loans
|
| Topic 7: Batch Processing and Operations | - End-of-day processing
|
| Topic 8: Payments and Channels | - Payment processing
|
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
1. What happens to a customer account when a transaction is of type "foreign exchange purchase against account?" (Choose the best answer.)
A) The account is debited.
B) it depends on whether the customer account is Savings or Current.
C) it depends on the currency being purchased.
D) The account is credited.
2. A banK has purchased 2b computers and needs to book these as assets and also specify a depreciation type for them. What are the two available depreciation types that the bank can choose from? (Choose two.)
A) accelerated cost recovery
B) group depreciation method
C) written down value
D) straight line method
3. A bank has entered into a foreign exchange forward contract with an exporter This forward exchange rate needs to be picked up by the system for all export bills handled for this exporter Which option satisfies this requirements (Choose the best answer.)
A) Create a separate bill product and foreign exchange product for handling this requirement
B) Create a foreign exchange forward contract in the Foreign Exchange module of Oracle FLEXCUBE and link the same to the bill contract
C) Create a foreign exchange forward contract in the Foreign Exchange module of Oracle FLEXCUBE Use the user-defined fields to capture the exchange rate
D) Capture the forward exchange rate on the Bill Contract screen. There is no need to create a foreign exchange contract.
4. What does starting a customer session enable a bank user to do? (Choose the best answer.)
A) Automatically get a customer's customer number and account details in transactions.
B) Record customer requests and complaints in the system.
C) Display various interest rates to a customer.
D) Demonstrate the bank's offerings to customers in simulated mode.
5. A Letter of Credit with tenor as sight stipulates that the reimbursement of bills submitted under this Letter of Credit can be claimed immediately after negotiation of documents.
Which SWIFT message is generated by the system for claiming this reimbursement? (Choose the best answer)
A) MT752
B) MT742
C) MT747
D) MT740
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C,D | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: B |
By Frederica
