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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: Fixed Assets, Expenses, and Lending | - Lending and Asset Management
|
| Topic 3: Basic Instructions and Retail Telling | - Retail Teller Operations
|
| Topic 4: Bills and Collections | - Bills Processing
|
| Topic 5: Letters of Credit and Nostro Reconciliation | - Trade Finance Operations
|
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
1. For a revolving-in-time LC that was issued on January 1,2014 with a reinstatement frequency of 60 days, what would be the next reinstatement date? (Choose the best answer.)
A) February 28, 2014
B) March 1.2014
C) March 2. 2014
D) None. LCs cannot revolve in time.
2. Identify two types of money market contracts where the maturity date is not input by a user. (Choose two.)
A) call
B) fixed
C) floating
D) notice
3. 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) MT747
B) MT752
C) MT740
D) MT742
4. Different parties are involved when an import LC is issued. Which group of parties are involved while booking an import LC transaction? (Choose the best answer)
A) the applicant and the issuing bank
B) the applicant, the beneficiary, and the issuing bank
C) the applicant, the beneficiary, and the advising bank
D) the applicant and the advising bank
5. In Landing Module, what are Settlement Bridge General Ledgers used to handle? (Choose the best answer.)
A) multiple disbursement schedules
B) adjustment entries
C) multiple modes of settlement
D) suspense entries
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,D | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: C |
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