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

Oracle 1z1-415 test insides dumps
  • Exam Code: 1z1-415
  • Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
  • Updated: Aug 05, 2026
  • Q & A: 85 Questions and Answers
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Oracle 1z1-415 Exam Syllabus Topics:

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

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

1. Events and accounting entries are define in the product definition, i ne accounting entries in events are not mandatory tor a configured bi Product. A business user updates the Contract status manually to amend the payment status for the contracts under this SI Product.
Which SI Product is used to book a Contract to track only the payment status? (Choose the best answer.)

A) Sweep (in and out)
B) Collection
C) Payment
D) Variable Payment


2. What is the maximum number of charges that can be attached to a Retail Teller product? (Choose the best answer.)

A) five
B) four
C) unlimited
D) three


3. 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) Retail Teller product screen
D) There is no Overage or Shortage GL maintenance in Oracle FLEXCUBE


4. 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) equal to the original cost of the new asset of the same type
B) 1
C) o
D) almost 0


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

A) to buy only cash
B) to sell only cash
C) to buy cash and travelers' cheques
D) to sell cash and travelers' cheques


Solutions:

Question # 1
Answer: C
Question # 2
Answer: A
Question # 3
Answer: B
Question # 4
Answer: C
Question # 5
Answer: A

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