Oracle 1z1-415 Q&A - in .pdf

  • 1z1-415 pdf
  • Exam Code: 1z1-415
  • Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
  • Updated: Sep 13, 2026
  • Q & A: 85 Questions and Answers
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  • Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
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  • Updated: Sep 13, 2026
  • Q & A: 85 Questions and Answers
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  • Exam Code: 1z1-415
  • Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
  • Updated: Sep 13, 2026
  • Q & A: 85 Questions and Answers
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Oracle 1z1-415 Exam Syllabus Topics:

SectionObjectives
Topic 1: Payments and Channels- Payment processing
  • 1. Fund transfers and clearing mechanisms
    • 2. Channel integration (ATM, internet banking)
      Topic 2: Security and User Management- Access control
      • 1. Role-based access control (RBAC)
        • 2. User provisioning and authorization
          Topic 3: Product and Pricing Configuration- Product setup and lifecycle
          • 1. Interest and fee configuration
            • 2. Product versioning and maintenance
              Topic 4: FLEXCUBE Architecture Overview- System architecture and components
              • 1. Module interactions and data flow
                • 2. Core application layers and services
                  Topic 5: Batch Processing and Operations- End-of-day processing
                  • 1. Batch job scheduling
                    • 2. Operational monitoring and controls
                      Topic 6: Interfaces and Integration- External system integration
                      • 1. Data import/export mechanisms
                        • 2. Middleware and API-based integration
                          Topic 7: Core Banking Configuration- Customer and account setup
                          • 1. Customer information management
                            • 2. Savings and current account configuration
                              - Deposits and loans
                              • 1. Loan and credit processing setup
                                • 2. Deposit product setup
                                  Topic 8: Accounting and Financial Integration- General ledger integration
                                  • 1. Accounting entries and posting rules
                                    • 2. Reconciliation processes

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

                                      Question #1

                                      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. Capture the forward exchange rate on the Bill Contract screen. There is no need to create a foreign exchange contract.
                                      • 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. Create a separate bill product and foreign exchange product for handling this requirement
                                      Reveal Solution  Discussion  0

                                      Correct Answer: A  🗳️

                                      Question #2

                                      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. MT740
                                      • B. MT752
                                      • C. MT742
                                      • D. MT747
                                      Reveal Solution  Discussion  0

                                      Correct Answer: C  🗳️

                                      Question #3

                                      What does a teller use Transfer Cash From Vault for? (Choose the best answer.)

                                      • A. to sell only cash
                                      • B. to buy cash and travelers' cheques
                                      • C. to buy only cash
                                      • D. to sell cash and travelers' cheques
                                      Reveal Solution  Discussion  0

                                      Correct Answer: C  🗳️

                                      Question #4

                                      There can be overage or shortage of cash while processing Retail Teller transactions. The bank can specify the General Ledger in which the overage or shortage should be booked. On which screen can the Overage or Shortage GL be maintained? (Choose the best answer.)

                                      • A. Till and Vault maintenance screen in Branch Parameters
                                      • B. Retail Teller product screen
                                      • C. There is no Overage or Shortage GL maintenance in Oracle FLEXCUBE
                                      • D. ARC maintenance screen
                                      Reveal Solution  Discussion  0

                                      Correct Answer: A  🗳️

                                      Question #5

                                      Identify the SWIFT message that the system generates on successful creation of an LC
                                      contract. (Choose the best answer.)

                                      • A. MT760
                                      • B. MT700
                                      • C. MT734
                                      • D. MT710
                                      Reveal Solution  Discussion  0

                                      Correct Answer: B  🗳️

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