1z0-415 Q&A - in .pdf

  • 1z0-415 pdf
  • Exam Code: 1z0-415
  • Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
  • Updated: May 31, 2026
  • Q & A: 85 Questions and Answers
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  • Updated: May 31, 2026
  • Q & A: 85 Questions and Answers
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  • Exam Code: 1z0-415
  • Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
  • Updated: May 31, 2026
  • Q & A: 85 Questions and Answers
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Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:

1. 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) MT752
B) MT742
C) MT747
D) MT740


2. 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) Select the "auto tracer stop' option at the Bill product level.
B) Unlock the bill contract and select the "stop tracer option.
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.


3. For a revolving-in-time LC that was issued on January 1,2014 with a reinstatement frequency of 60 days, what would be the next reinstatement date? (Choose the best answer.)

A) None. LCs cannot revolve in time.
B) March 1.2014
C) February 28, 2014
D) March 2. 2014


4. 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.)

A) Contract Value Date = December 31. 2014; Option Date = December 25, 2014
B) Contract Value Date = January 1, 2014; Option Date = November 30, 2014
C) Contract Value Date = January 1, 2014; Option Date = January 15.2014
D) Contract Value Date = October 31.2014; Option Date = October 31.2014


5. The operation code "acceptance" is applicable for both export and import bills For the operation code "acceptance,1' identify the change of operation that is applicable only for import bills. (Choose the best answer.)

A) acceptance to advance
B) acceptance to discount
C) acceptance to purchase
D) acceptance to forfeiting


Solutions:

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

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