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Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
1. Select two true statements about Liquidation mode. (Choose two.)
A) Liquidation mode can be Auto or Manual If Liquidation mode is Manual, it is applicable for all components of a product and cannot be changed at the Loan account level.
B) Liquidation mode can be Auto or Manual. If the Liquidation mode is Auto, it is applicable for all components of a product and can not be changed at the Loan account level.
C) Liquidation mode can be Auto or Manual. If Liquidation mode is Auto, it is applicable for all components of a product and can be changed at the Loan account level
D) if Liquidation mode is other than Auto or Manual, it can be set at the component level and can be changed at the Loan account level.
2. Where should you configure Spot Days for deals? (Choose the best answer.)
A) in the foreign exchange Products Level parameter
B) in the Currency Level parameter
C) in the Branch Level parameter
D) in the Bank Level parameter
3. 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 722. The system does not allow you to input and save any discrepancies noted for collection bills.
B) These are collection bills governed by URC 522. The system does not allow you to save a collection bill with discrepancies.
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 522. The system allows you to input and save any discrepancies noted for collection bills.
4. 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
5. Which two statements are true about a Reconciliation Class? (Choose two.)
A) a rule sequence number is entered manually for the rules that are attached to a Reconciliation Class.
B) a Reconciliation Class type can be Mirror or Replication.
C) Several rules constitute a Reconciliation Class.
D) a Reconciliation Class type is both Mirror and Replication.
Solutions:
| Question # 1 Answer: B,D | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: B,C |
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