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Oracle 1z0-415

1z0-415

Exam Code: 1z0-415

Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials

Updated: Aug 15, 2026

Q & A: 85 Questions and Answers

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Oracle 1z0-415 Exam Syllabus Topics:

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

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

                                      1. Which three options are available in the Rate As On field on the Funds Transfer Product Preference screen? (Choose three.)

                                      A) Amend Date
                                      B) Spot Date
                                      C) Value Date
                                      D) Booking Date


                                      2. What is the maximum number of charges that can be attached to a Retail Teller product? (Choose the best answer.)

                                      A) unlimited
                                      B) four
                                      C) five
                                      D) three


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

                                      A) to buy only cash
                                      B) to sell cash and travelers' cheques
                                      C) to sell only cash
                                      D) to buy cash and travelers' cheques


                                      4. A usance import bill that is not under a Letter of Credit has been received for 510,000 USD. The drawer has not made a payment for the bill. The drawer has requested the collecting bank (importer's bank) to protest on the drawer's behalf. What event should be attached to support this function'? (Choose the best answer.)

                                      A) AMND
                                      B) PRNP
                                      C) REFP
                                      D) CLOS


                                      5. 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 Use the user-defined fields to capture the exchange rate
                                      B) Create a foreign exchange forward contract in the Foreign Exchange module of Oracle FLEXCUBE and link the same to the bill contract
                                      C) Capture the forward exchange rate on the Bill Contract screen. There is no need to create a foreign exchange contract.
                                      D) Create a separate bill product and foreign exchange product for handling this requirement


                                      Solutions:

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

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