Oracle 1z1-415 valid exam dumps : 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: Aug 22, 2026
  • Q&As: 85 Questions and Answers

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Oracle 1z1-415 Exam Syllabus Topics:

SectionObjectives
Bills and Collections- Bills Processing
  • 1. Import and export bills under Letter of Credit
  • 2. Forfaiting and collection processing
  • 3. Reimbursement lodging and honoring
Letters of Credit and Nostro Reconciliation- Trade Finance Operations
  • 1. Matching rules and reconciliation classes
  • 2. Reimbursement and Letter of Credit resolution
  • 3. Import and export Letter of Credit processing
  • 4. Letter of Credit product setup
Basic Instructions and Retail Telling- Retail Teller Operations
  • 1. Retail Teller product setup and configuration
  • 2. Cash, cheque, and demand draft transactions
  • 3. Foreign exchange transactions
  • 4. Till balancing and workflow maintenance
  • 5. Standing instructions and product definition
Money Market, Foreign Exchange, and Funds Transfer- Treasury and Transfer Operations
  • 1. Lifecycle processing and revaluation
  • 2. Money market product maintenance
  • 3. Foreign exchange deal processing
  • 4. Funds transfer types and settlement processing
Fixed Assets, Expenses, and Lending- Lending and Asset Management
  • 1. Lending product definition and configuration
  • 2. Loan contract processing
  • 3. Consumer lending lifecycle management
  • 4. Fixed asset maintenance
  • 5. Payment and collection processing

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

1. 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) A separate menu operation for forfaiting is introduced that can be mapped to a bill product
B) The system will not allow forfaiting as an operation while creating a product Only a change of operation to forfaiting is allowed.
C) Forfaiting is allowed as a new operation at the Bill Contract level.
D) A new operation "forfaiting11 has been introduced at the product level


2. 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) Letter of Credit
B) Deposits
C) Indemnity
D) Guarantee


3. In a particular depreciation method, the amount of depreciation provided by a bank on a fixed asset remains constant throughout the useful life of the asset. Which is this method? (Choose the best answer)

A) activity depreciation method D sum of digits depreciation method
B) written down value
C) straight line method


4. A bank wants payment fate tracers to be generated automatically by the system. To which event should this tracer be attached and what is the name of this advice?

A) TDIS event and PAYMNTFATE_TRCR advice
B) TPFT event and RESERVE_RELEASE advice
C) TDIS event and DISCAPPRVLJRCR advice
D) TPFT event and PAYMNTFATE_TRCR advice


5. Identify four Document Clause types that are available in the system for the LC module. (Choose four.)

A) packing list
B) invoice
C) others
D) certificates
E) insurance
F) drafts
G) transport


Solutions:

Question # 1
Answer: C
Question # 2
Answer: D
Question # 3
Answer: C
Question # 4
Answer: D
Question # 5
Answer: B,C,E,G

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