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Oracle 1z1-415 Exam Syllabus Topics:

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

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

2. For a revolving-in-time LC that was issued on January 1,2014 with a reinstatement frequency of 60 days, what would be the next reinstatement date? (Choose the best answer.)

A) March 1.2014
B) None. LCs cannot revolve in time.
C) February 28, 2014
D) March 2. 2014

3. Which two are possible matching types for reconciliation? (Choose two.)

A) identical
B) confirmed
C) suggested
D) replicated

4. Home loans are given at a fixed interest rate of 10%. The rate now must be increased to 11 %. How can this be done in the system? (Choose the best answer.

A) by amending the UDE value on the Value Dated Amendment screen
B) by changing the interest rate on the UDE values screen
C) by changing the rate value in Loan Account UDEs
D) by unlocking the loan account and changing the value on the Interest tab

5. What does the field SI Amount refer to while processing sweep-in transactions?
(Choose the best answer.)

A) balance in the credit account that should trigger the sweep
B) minimum sweep amount
C) balance in the debit account that should trigger the sweep
D) amount to be swept i n

Solutions: