Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials : 1z1-415

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

1. For an Outgoing cross currency funds transfer, what is the amount tag for the debit and credit transaction entries of the transfer? (Choose the best answer.)

A) Amt_Equiv for both the legs
B) Trf_Amt for both the legs
C) Trf_Amt and Amt_Equiv, respectively
D) Amt_Equiv and Trf_Amt, respectively

2. A bank wants to charge depreciation tor an asset at the rate ot 20%, 30%, 25%, b%, and 20% tor the tirst year, second year, and so on till the last year How should you indicate this on the Depreciation Rule Mapping screen? (Choose the best answer.)

A) ad hoc
B) activity depreciation
C) rule-based
D) combination of rule-based and ad hoc

3. Tenors can be maintained at the LC product level and defaulted at the contract level. Which tenor maintained on the Product Preference screen would default at the contract level'? (Choose the best answer.)

A) Minimum
B) Maximum
C) Standard
D) Minimum, Maximum, and Standard

4. There can be overage or shortage of cash while processing Retail Teller transactions. The bank can specify the General Ledger in which the overage or shortage should be booked. On which screen can the Overage or Shortage GL be maintained? (Choose the best answer.)

A) ARC maintenance screen
B) Till and Vault maintenance screen in Branch Parameters
C) There is no Overage or Shortage GL maintenance in Oracle FLEXCUBE
D) Retail Teller product screen

5. A bank would like to give the option of bill discounting to an exporter against 100 percent collateral in the form of deposits. On which tab of the contract screen would you input the collateral details9 (Choose the best answer.)

A) linkages
B) settlement
C) fields
D) collateral

Solutions: