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Oracle 1z1-415 Exam Syllabus Topics:

SectionWeightObjectives
Product and Component Configuration20%- Charges, fees, and UDE setup
- Product definition and component classes
Customer and Account Management15%- Account opening and parameterization
- Customer information maintenance
Architecture and Core Concepts15%- FLEXCUBE Universal Banking technical architecture
- System components and integration framework
Limits, Collateral and Security15%- Limit management and collateral setup
- User access control and security configuration
Lending and Fixed Assets20%- Loan lifecycle and installment processing
- Fixed assets and expense management
Trade Finance Operations15%- Bills and collections processing
- Letters of Credit and guarantees

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

1. Which two frequency types can you configure for revaluation in a foreign exchange product? (Choose two.)

A) weekly
B) daily
C) monthly
D) annually


2. 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 the bank's GL account
C) 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


3. Events and accounting entries are define in the product definition, i ne accounting entries in events are not mandatory tor a configured bi Product. A business user updates the Contract status manually to amend the payment status for the contracts under this SI Product.
Which SI Product is used to book a Contract to track only the payment status? (Choose the best answer.)

A) Collection
B) Sweep (in and out)
C) Payment
D) Variable Payment


4. Tenors can be maintained at the LC product level and defaulted at the contract level. Which tenor maintained on the Product Preference screen would default at the contract level'? (Choose the best answer.)

A) Maximum
B) Minimum
C) Standard
D) Minimum, Maximum, and Standard


5. How many charge rules can be associated with a funds transfer product code? (Choose the best answer)

A) one
B) two
C) nil
D) as many as possible


Solutions:

Question # 1
Answer: B,C
Question # 2
Answer: B
Question # 3
Answer: C
Question # 4
Answer: A
Question # 5
Answer: A

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