Oracle 1z1-415 : Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
- Exam Code: 1z1-415
- Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
- Updated: Sep 06, 2026
- Q & A: 85 Questions and Answers
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Oracle 1z1-415 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Limits, Collateral and Security | 15% | - User access control and security configuration - Limit management and collateral setup |
| Product and Component Configuration | 20% | - Product definition and component classes - Charges, fees, and UDE setup |
| Trade Finance Operations | 15% | - Letters of Credit and guarantees - Bills and collections processing |
| Customer and Account Management | 15% | - Customer information maintenance - Account opening and parameterization |
| Architecture and Core Concepts | 15% | - FLEXCUBE Universal Banking technical architecture - System components and integration framework |
| Lending and Fixed Assets | 20% | - Loan lifecycle and installment processing - Fixed assets and expense management |
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. three
- C. unlimited
- D. four
A back-dated loan is initiated and "Liquidate Back Valued Schedules" is set to Yes at the account level. Which statement is true? (Choose the best answer.)
- A. Accounting entries related to an Accrual event and an ALIQ event for back-dated schedules are passed when the loan account is saved.
- B. Accounting entries related to an Accrual event for back-dated schedules are passed when the account is saved. However, accounting entries for an ALIQ event for back-dated schedules are passed when the loan account is authorized
- C. Accounting entries related to an Accrual event and an ALIQ event for back-dated schedules are passed only during EOD
- D. Accounting entries related to an Accrual event for back-dated schedules are passed when the account is saved. However, accounting entries for an ALIQ event for back-dated schedules are passed only during EO
What would be Ihe status of a request for a debit transaction if it is not approved within the specified response time? (Choose the best answer)
- A. rejected D recalled
- B. closed
- C. settled
Which statement is true about lodging export bills that are not under LC? (Choose the best answer.)
- A. These are collection bills governed by URC 522. The system does not allow you to save a collection bill with discrepancies.
- B. These are collection bills governed by URC 722. The system does not allow you to input and save any discrepancies noted for collection bills.
- C. These are collection bills governed by URC 522. The system allows you to input and save any discrepancies noted for collection bills.
- D. These are collection bills governed by URC 722. The system allows you to input and save any discrepancies noted for collection bills.
A Letter or Credit issue can be confirmed by a bank. Which bank confirms a Letter or Credit (Choose the best answer?)
- A. the collecting bank
- B. the advising bank
- C. the confirming bank
- D. the paying bank
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