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| Certification Vendor: | Oracle |
| Exam Name: | Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials |
| Exam Number: | 1Z0-415 |
| Exam Duration: | 120 minutes |
| Related Certifications: | Oracle FLEXCUBE Universal Banking Implementation Specialist |
| Available Languages: | English |
| Real Exam Qty: | 70–85 |
| Certificate Validity Period: | Valid until retired by Oracle |
| Exam Price: | $245 USD |
| Passing Score: | 63% |
| Exam Format: | Multiple Choice |
| Recommended Training: | Oracle FLEXCUBE Universal Banking 12 Functional Training |
| Exam Registration: | Pearson VUE Registration Oracle Certification Portal |
| Sample Questions: | Oracle 1z1-415 Sample Questions |
| Exam Way: | Computer-based testing at Pearson VUE centers or online proctored |
| Pre Condition: | No mandatory prerequisites; relevant FLEXCUBE implementation experience or training recommended |
| Official Syllabus URL: | https://education.oracle.com/oracle-flexcube-universal-banking-12-advanced-functional-implementation-essentials/trackp_4949 |
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Architecture and Core Concepts | 15% | - FLEXCUBE Universal Banking technical architecture - System components and integration framework |
| Topic 2: Product and Component Configuration | 20% | - Charges, fees, and UDE setup - Product definition and component classes |
| Topic 3: Trade Finance Operations | 15% | - Letters of Credit and guarantees - Bills and collections processing |
| Topic 4: Limits, Collateral and Security | 15% | - User access control and security configuration - Limit management and collateral setup |
| Topic 5: Lending and Fixed Assets | 20% | - Fixed assets and expense management - Loan lifecycle and installment processing |
| Topic 6: Customer and Account Management | 15% | - Account opening and parameterization - Customer information maintenance |
1. Which three options are available in the Rate As On field on the Funds Transfer Product Preference screen? (Choose three.)
A) Value Date
B) Amend Date
C) Booking Date
D) Spot Date
2. 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) Amendment, cancellation, or close of an export LC that is linked to an import LC is not possible.
B) An export LC can be linked to only one import LC.
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.
3. During liquidation of Teller transactions, if the system detects insufficient funds in an account, the subsequent credit that happens to the settlement account needs to be blocked. How is this achieved in the system? (Choose the best answer.)
A) by enabling the overdraft facility
B) by enabling cash GL (General Ledger) posting
C) by enabling auto liquidation
D) by enabling track receivable
4. Identify two types of money market contracts where the maturity date is not input by a user. (Choose two.)
A) call
B) floating
C) notice
D) fixed
5. 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) March 2. 2014
B) February 28, 2014
C) None. LCs cannot revolve in time.
D) March 1.2014
Solutions:
| Question # 1 Answer: A,C,D | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: A,C | Question # 5 Answer: A |
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