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Oracle 1z1-415 Exam Syllabus Topics:

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

1. 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) straight line method
B) written down value
C) accelerated cost recovery
D) group depreciation method

2. What would be Ihe status of a request for a debit transaction if it is not approved within the specified response time? (Choose the best answer)

A) closed
B) rejected D recalled
C) settled

3. A usance import bill that is not under a Letter of Credit has been received for 510,000 USD. The drawer has not made a payment for the bill. The drawer has requested the collecting bank (importer's bank) to protest on the drawer's behalf. What event should be attached to support this function'? (Choose the best answer.)

A) AMND
B) PRNP
C) CLOS
D) REFP

4. What does in-house cheque deposit refer to? (Choose the best answer.)

A) a bank depositing a cheque given by a customer of the bank into its own account
B) a customer of a bank depositing a cheque into a related customer's account D a customer of a bank depositing a cheque of the same bank belonging to another customer into the account
C) a customer of a bank depositing a cheque into the bank's GL account

5. The operation code "acceptance" is applicable for both export and import bills For the operation code "acceptance,1' identify the change of operation that is applicable only for import bills. (Choose the best answer.)

A) acceptance to purchase
B) acceptance to discount
C) acceptance to forfeiting
D) acceptance to advance

Solutions: