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Following are some reference material for actual Oracle 1z0-415 exam test
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Limits, Collateral and Security | 15% | - Limit management and collateral setup - User access control and security configuration |
| Topic 2: Product and Component Configuration | 20% | - Charges, fees, and UDE setup - Product definition and component classes |
| Topic 3: Customer and Account Management | 15% | - Account opening and parameterization - Customer information maintenance |
| Topic 4: Trade Finance Operations | 15% | - Letters of Credit and guarantees - Bills and collections processing |
| Topic 5: Lending and Fixed Assets | 20% | - Loan lifecycle and installment processing - Fixed assets and expense management |
| Topic 6: Architecture and Core Concepts | 15% | - FLEXCUBE Universal Banking technical architecture - System components and integration framework |
During liquidation of Teller transactions, if the system detects insufficient funds in an account, the subsequent credit that happens to the settlement account needs to be blocked. How is this achieved in the system? (Choose the best answer.)
Correct Answer: D 🗳️
A Forward Buy Contract is opened on January 1,2014 with a product of type Forward, which supports the Option Date feature and a maximum tenor of 12 months. Which three options can this Contract be opened with? (Choose three.)
Correct Answer: A,B,C 🗳️
An export bill under a Letter of Credit is negotiated for $75,000 USD on August 1 st. On August 3rd, a reimbursement claim (MT 742) is raised by the negotiating bank on the reimbursing bank for $75,000 USD. The reimbursing bank honors the claim. Assuming that the reimbursing bank uses Oracle FLEXCUBE, how is this transaction handled in the system? (Choose the best answer.)
Correct Answer: A 🗳️
In which product type are foreign exchange cash deal products configured? (Choose the best answer.)
Correct Answer: D 🗳️
The system supports Multi Credit Transfer by using the funds transfer module. Which three statements are true about Multi Credit Transfer? (Choose three.)
Correct Answer: B,C,D 🗳️
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