• Exam Code: 1z1-415
  • Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
  • Certification Provider: Oracle
  • Corresponding Certification:Oracle FLEXCUBE
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Oracle 1z1-415 Exam Syllabus Topics:

SectionObjectives
Topic 1: Security and User Management- Access control
  • 1. User provisioning and authorization
    • 2. Role-based access control (RBAC)
      Topic 2: Interfaces and Integration- External system integration
      • 1. Middleware and API-based integration
        • 2. Data import/export mechanisms
          Topic 3: Core Banking Configuration- Deposits and loans
          • 1. Deposit product setup
            • 2. Loan and credit processing setup
              - Customer and account setup
              • 1. Savings and current account configuration
                • 2. Customer information management
                  Topic 4: Payments and Channels- Payment processing
                  • 1. Channel integration (ATM, internet banking)
                    • 2. Fund transfers and clearing mechanisms
                      Topic 5: Batch Processing and Operations- End-of-day processing
                      • 1. Operational monitoring and controls
                        • 2. Batch job scheduling
                          Topic 6: Accounting and Financial Integration- General ledger integration
                          • 1. Reconciliation processes
                            • 2. Accounting entries and posting rules
                              Topic 7: Product and Pricing Configuration- Product setup and lifecycle
                              • 1. Product versioning and maintenance
                                • 2. Interest and fee configuration
                                  Topic 8: FLEXCUBE Architecture Overview- System architecture and components
                                  • 1. Module interactions and data flow
                                    • 2. Core application layers and services

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

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

                                      • A. five
                                      • B. four
                                      • C. three
                                      • D. unlimited
                                      Answer: A

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

                                      • A. annually
                                      • B. daily
                                      • C. weekly
                                      • D. monthly
                                      Answer: B,D

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

                                      A bank would like to give the option of bill discounting to an exporter against 100 percent collateral in the form of deposits. On which tab of the contract screen would you input the collateral details9 (Choose the best answer.)

                                      • A. fields
                                      • B. settlement
                                      • C. collateral
                                      • D. linkages
                                      Answer: C

                                      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. MT742
                                      • D. MT740
                                      Answer: C

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