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: Oct 27, 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: Oct 27, 2026
  • Q & A: 85 Questions and Answers
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Oracle 1z1-415 Q&A - Testing Engine

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  • Exam Code: 1z1-415
  • Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
  • Updated: Oct 27, 2026
  • Q & A: 85 Questions and Answers
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Oracle 1z1-415 Exam Syllabus Topics:

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

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

                                      Question #1

                                      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 522. The system allows you to input and save any discrepancies noted for collection bills.
                                      • C. These are collection bills governed by URC 722. 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 does not allow you to input and save any discrepancies noted for collection bills.
                                      Reveal Solution  Discussion  0

                                      Correct Answer: C  🗳️

                                      Question #2

                                      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 #3

                                      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 only during EO
                                      • 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 when the loan account is authorized
                                      Reveal Solution  Discussion  0

                                      Correct Answer: C  🗳️

                                      Question #4

                                      A bank uses the tracer function in the Bills module to send automatic swift tracer messages that seek acceptance of usance bills. The bank's requirement is that the sending of tracers should be stopped after receiving an acceptance message.
                                      How should you handle this? (Choose the best answer.)

                                      • A. Unlock the bill contract and select the "stop tracer option.
                                      • B. Select the "auto tracer stop' option at the Bill product level.
                                      • C. Upload the incoming Acceptance message" into the bill contract by using the straight through processing option.
                                      • D. Unlock the bill contract and input the "acceptance message date," which will stop additional tracers.
                                      Reveal Solution  Discussion  0

                                      Correct Answer: D  🗳️

                                      Question #5

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

                                      • A. n/n
                                      • B. nn
                                      • C. nn/n
                                      • D. n
                                      Reveal Solution  Discussion  0

                                      Correct Answer: B  🗳️

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