Oracle 1z0-415 : Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials

1z0-415 pass collection

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 bank wants to charge depreciation tor an asset at the rate ot 20%, 30%, 25%, b%, and 20% tor the tirst year, second year, and so on till the last year How should you indicate this on the Depreciation Rule Mapping screen? (Choose the best answer.)

A) activity depreciation
B) ad hoc
C) rule-based
D) combination of rule-based and ad hoc


2. Which three operations are not allowed for a product with the Discounted Straight Line method of revaluation? (Choose three.)

A) rollover
B) partial payment
C) limits tracking
D) cancellation


3. A banK has purchased 2b computers and needs to book these as assets and also specify a depreciation type for them. What are the two available depreciation types that the bank can choose from? (Choose two.)

A) straight line method
B) written down value
C) group depreciation method
D) accelerated cost recovery


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

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


5. The system supports Multi Credit Transfer by using the funds transfer module. Which three statements are true about Multi Credit Transfer? (Choose three.)

A) The Multi Credit Transfer field should be enabled at the Product and Branch levels.
B) A maximum of 10 contracts can be consolidated under a Multi Credit Reference number.
C) A message is sent as MT102 and MT 203.
D) A consolidated accounting reference number must be entered by a user.


Solutions:

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

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