- Exam Code: 1z1-415
- Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
- Updated: Sep 09, 2026
- Q & A: 85 Questions and Answers
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| Section | Objectives |
|---|---|
| Topic 1: Basic Instructions and Retail Telling | - Retail Teller Operations
|
| Topic 2: Money Market, Foreign Exchange, and Funds Transfer | - Treasury and Transfer Operations
|
| Topic 3: Bills and Collections | - Bills Processing
|
| Topic 4: Fixed Assets, Expenses, and Lending | - Lending and Asset Management
|
| Topic 5: Letters of Credit and Nostro Reconciliation | - Trade Finance Operations
|
What does the field SI Amount refer to while processing sweep-in transactions?
(Choose the best answer.)
Correct Answer: A 🗳️
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.)
Correct Answer: C 🗳️
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)
Correct Answer: A 🗳️
What is the maximum number of charges that can be attached to a Retail Teller product? (Choose the best answer.)
Correct Answer: A 🗳️
A bank owns 50 computer tables whose useful life has been set as 20 years. The depreciation method for these assets is set as the straight line method. The bank wants to determine the value of these tables at the end of their useful life.
What would the value be? (Choose the best answer.)
Correct Answer: C 🗳️
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