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Oracle 1z1-415 Exam Syllabus Topics:

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

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

Question 1

Identify the SWIFT message that the system generates on successful creation of an LC
contract. (Choose the best answer.)

A. MT710
B. MT760
C. MT700
D. MT734


Question 2

Which statement is true about the Confirmation Tracer? (Choose the best answer)

A. it is a reminder sent to a reimbursing bank, seeking a letter of confirmation
B. it is a reminder sent to an issuing bank, seeking a letter of confirmation.
C. His a reminder sent to a confirming bank, seeking a letter of confirmation.
D. ft is a reminder sent to a beneficiary, seeking a letter of confirmation.


Question 3

Transfer of an LC can be performed in Oracle FLEXCUBE. Which statement is true about a transferable LC? (Choose the best answer)

A. A transferred LC can be transferred at the request of a second beneficiary to any subsequent beneficiary.
B. It is not possible to initiate the transfer of an LC to more than one secondary beneficiary on behalf of the primary or original beneficiary
C. Change of parties is allowed for the old LC contract, as well as the new transferred LC contract
D. a transferable LC is where, at the request of a beneficiary (first beneficiary), the LC is made available in whole or in part to another beneficiary (second beneficiary)


Question 4

A Letter or Credit issue can be confirmed by a bank. Which bank confirms a Letter or Credit (Choose the best answer?)

A. the collecting bank
B. the advising bank
C. the paying bank
D. the confirming bank


Question 5

A money market Borrowing Contract is created. The Contract Value date is January 1,2014 and the Maturity date is March 31,2014. The customer then approaches the bank and requests extension of the Contract. The new Maturity date is April 2,2014.
On which screen would you perform the extension of this Contract? (Choose the best answer.)

A. Money Market Value Dated Amendment
B. Money Market Contract Schedule
C. Money Market Rollover
D. Money Market Rollover, Money Market Contract Schedule, and Money Market Value Dated Amendment


Solutions:

Question 1
Answer: C
Question 2
Answer: C
Question 3
Answer: D
Question 4
Answer: D
Question 5
Answer: A

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