Oracle 1z0-415 : Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
- Exam Code: 1z0-415
- Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
- Updated: Sep 20, 2026
- Q & A: 85 Questions and Answers
About Oracle 1z0-415 Exam
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Oracle 1z0-415 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Money Market, Foreign Exchange, and Funds Transfer | - Treasury and Transfer Operations
|
| Topic 2: Letters of Credit and Nostro Reconciliation | - Trade Finance Operations
|
| Topic 3: Basic Instructions and Retail Telling | - Retail Teller Operations
|
| Topic 4: Bills and Collections | - Bills Processing
|
| Topic 5: Fixed Assets, Expenses, and Lending | - Lending and Asset Management
|
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
In which three fields must data be identical for the system to pass consolidated accounting entries for Multi Credit Transfer? (Choose three.)
- A. Rate as of Date
- B. ordering i institution
- C. Product Code
- D. receiver
Correct Answer: B,C,D 🗳️
What does a teller use Transfer Cash From Vault for? (Choose the best answer.)
- A. to sell cash and travelers' cheques
- B. to buy cash and travelers' cheques
- C. to sell only cash
- D. to buy only cash
Correct Answer: D 🗳️
In LC Product Maintenance, different product types can be maintained. Which product type should be used if the LC is not backed by documents? (Choose the best answer)
- A. Export LC
- B. Standby Guarantee
- C. Clean LC
- D. import LC
Correct Answer: C 🗳️
In Landing Module, what are Settlement Bridge General Ledgers used to handle? (Choose the best answer.)
- A. multiple modes of settlement
- B. suspense entries
- C. adjustment entries
- D. multiple disbursement schedules
Correct Answer: A 🗳️
In the Lending Product FRCLPROD, INTEREST_RATE is attached to a Rate Code LIBOR. The LIBOR changes daily, resulting in UDE value changes. The product configuration requires that INTEREST_RATE is linked to LIBOR as on the date of creation for the next X years (X varies for different customers) and be changed thereafter.
Which option best satisfies this requirement? {Choose the best answer.)
- A. Create different Rate Codes for each of the X periods
- B. Create different products for each of the X variants.
- C. Such a product code cannot be defined without code changes
- D. Use the already created Rate Code (attached to LIBOR) and have a Rate Revision Schedule, which changes after X years
Correct Answer: D 🗳️
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