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Oracle 1z1-415 Exam Syllabus Topics:

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

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

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

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

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

3. Identify four Document Clause types that are available in the system for the LC module. (Choose four.)

A) transport
B) packing list
C) certificates
D) drafts
E) insurance
F) others
G) invoice

4. A Letter of Credit with tenor as sight stipulates that the reimbursement of bills submitted under this Letter of Credit can be claimed immediately after negotiation of documents.
Which SWIFT message is generated by the system for claiming this reimbursement? (Choose the best answer)

A) MT742
B) MT747
C) MT752
D) MT740

5. Back-to-back LC contracts can be handled in Oracle FLEXCUBE. Which statement is true about a back-to-back LC? (Choose the best answer.)

A) An export LC can be linked to only one import LC.
B) Amendment, cancellation, or close of an export LC that is linked to an import LC is not possible.
C) All active and authorized export LCs are available for linkage, irrespective of different counter parties.
D) it is possible to enable the back-to-back flag only for an export LC.

Solutions: