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1z0-415
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Exam Code: 1z0-415

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

Updated: May 30, 2026

Number: 85 Q&As with Testing Engine

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

1. Which two statements are true about a Reconciliation Class? (Choose two.)

A) a Reconciliation Class type can be Mirror or Replication.
B) a rule sequence number is entered manually for the rules that are attached to a Reconciliation Class.
C) a Reconciliation Class type is both Mirror and Replication.
D) Several rules constitute a Reconciliation Class.


2. What happens to a customer account when a transaction is of type "foreign exchange purchase against account?" (Choose the best answer.)

A) it depends on the currency being purchased.
B) The account is credited.
C) The account is debited.
D) it depends on whether the customer account is Savings or Current.


3. In which product type are foreign exchange cash deal products configured? (Choose the best answer.)

A) spot
B) forward
C) cash
D) Non Deliverable Forward


4. Which two are possible matching types for reconciliation? (Choose two.)

A) suggested
B) confirmed
C) identical
D) replicated


5. A Letter or Credit issue can be confirmed by a bank. Which bank confirms a Letter or Credit (Choose the best answer?)

A) the confirming bank
B) the paying bank
C) the advising bank
D) the collecting bank


Solutions:

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

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