Oracle Oracle FLEXCUBE 1z0-415

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

1. Identify the format in which the number of original documents is input. (Choose the best answer.)

A) nn/n
B) n/n
C) nn
D) n

2. The system allows the Match Status to be Open, Suggested, or Closed. Which two statements are true about Match Status of Suggested? (Choose two.)

A) The suggested entries can be confirmed.
B) The suggested entires can be modified.
C) The suggested entries cannot be rejected.
D) The suggested entries can be rejected.

3. 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) almost 0
B) 1
C) o
D) equal to the original cost of the new asset of the same type

4. A bank wants to charge depreciation tor an asset at the rate ot 20%, 30%, 25%, b%, and 20% tor the tirst year, second year, and so on till the last year How should you indicate this on the Depreciation Rule Mapping screen? (Choose the best answer.)

A) ad hoc
B) activity depreciation
C) rule-based
D) combination of rule-based and ad hoc

5. 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) MT742
C) MT740
D) MT752

Solutions:

Question # 1 Answer: C

Question # 2 Answer: A,D

Question # 3 Answer: C

Question # 4 Answer: A

Question # 5 Answer: B