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1Z0-415 - Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials - Dump Information

Vendor : Oracle
Exam Code : 1Z0-415
Exam Name : Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
Questions and Answers : 82 Q & A
Updated On : November 17, 2017
PDF Download Mirror : 1Z0-415 Brain Dump
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1Z0-415 Questions and Answers

Oracle 1Z0-415 Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Download Full Version : http://killexams.com/pass4sure/exam-detail/1Z0-415 can choose from? (Choose two.) A. written down value B. straight line method C. accelerated cost recovery D. group depreciation method Answer: A, B QUESTION: 75 Oracle FLEXCUBE offers inbuilt and automatic linkage between various modules. Identify the correct linkage that is applicable to the Fixed Asset (FA) module. (Choose the best answer) A. Fixed Asset and Teller B. Fixed Asset and Expense Processing C. Fixed Asset and Asset Management D. Fixed Asset and Allocation Answer: B QUESTION: 76 In trade finance, forfaiting involves the purchase of receivables from exporters. Which statement is true about forfaiting in the Bills module of Oracle FLEXCUBE? (Choose the best answer.) A. The system will not allow forfaiting as an operation while creating a product Only a change of operation to forfaiting is allowed. B. A new operation "forfaiting11 has been introduced at the product level C. For faiting is allowed as a new operation at the Bill Contract level. D. A separate menu operation for forfaiting is introduced that can be mapped to a bill product Answer: C QUESTION: 77 Which statement is true about the Confirmation Tracer? (Choose the best answer) A. His a reminder sent to a confirming bank, seeking a letter of confirmation. B. it is a reminder sent to an issuing bank, seeking a letter of confirmation. C. it is a reminder sent to a reimbursing bank, seeking a letter of confirmation D. ft is a reminder sent to a beneficiary, seeking a letter of confirmation. Answer: A QUESTION: 78 In LC Product Maintenance, different product types can be maintained. Which product type should be used if the LC is not backed by documents? (Choose the best answer) A. import LC B. Export LC C. Standby Guarantee D. Clean LC Answer: D QUESTION: 79 A bank has entered into a foreign exchange forward contract with an exporter This forward exchange rate needs to be picked up by the system for all export bills handled for this exporter Which option satisfies this requirements (Choose the best answer.) A. Create a foreign exchange forward contract in the Foreign Exchange module of Oracle FLEXCUBE and link the same to the bill contract B. Create a separate bill product and foreign exchange product for handling this requirement C. Create a foreign exchange forward contract in the Foreign Exchange module of Oracle FLEXCUBE Use the user-defined fields to capture the exchange rate D. Capture the forward exchange rate on the Bill Contract screen. There is no need to create a foreign exchange contract. Answer: A QUESTION: 80 An exporter intends to bid for a software project in another country. What kind of facility should the exporter avail of a bank in order to participate in the bidding? (Choose the best answer.) A. Guarantee B. Letter of Credit C. Deposits D. Indemnity Answer: A QUESTION: 81 A bank owns 50 computer tables whose useful life has been set as 20 years. The depreciation method for these assets is set as the straight line method. The bank wants to determine the value of these tables at the end of their useful life. What would the value be? (Choose the best answer.) A. 1 B. o C. almost 0 D. equal to the original cost of the new asset of the same type Answer: B QUESTION: 82 Which statement is true about a change of operation for an export bill that is not under LC? (Choose the best answer.) A. Change of operation from collection to discount is supported only for LC-based transactions. B. a non-LC collection bill must be liquidated first and on the same day and a discounted bill must be booked separately, in order to handle change of operation C. a non-LC collection bill can be unlocked and the operation code can be changed from collection to discount if the same is allowed at the product level D. Only a change of operation from collection to purchase is supported directly for an export bill that is not under LC. Answer: D 'PS .PSF FYBNT WJTJU IUUQ LJMMFYBNT DPN .LOO \RXU H[DP DW )LUVW $WWHPSW *XDUDQWHHG

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