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Exam Code: 1z1-415
Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
Updated: Jul 27, 2026
Q & A: 85 Questions and Answers
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| Section | Objectives |
|---|---|
| Topic 1: Security and User Management | - Access control
|
| Topic 2: Product and Pricing Configuration | - Product setup and lifecycle
|
| Topic 3: FLEXCUBE Architecture Overview | - System architecture and components
|
| Topic 4: Accounting and Financial Integration | - General ledger integration
|
| Topic 5: Payments and Channels | - Payment processing
|
| Topic 6: Core Banking Configuration | - Customer and account setup
|
| Topic 7: Interfaces and Integration | - External system integration
|
| Topic 8: Batch Processing and Operations | - End-of-day processing
|
1. Which two statements are true in defining a Reconciliation Class? (Choose two.)
A) Define the external account.
B) Match rule sequence is insignificant
C) Incorporate many rules into a class.
D) indicate whether the matching type is Mirroring or Replication.
2. A bank would like to give the option of bill discounting to an exporter against 100 percent collateral in the form of deposits. On which tab of the contract screen would you input the collateral details9 (Choose the best answer.)
A) settlement
B) fields
C) linkages
D) collateral
3. Which maintenance can a teller use to make the exchange rate picked by a system in a transaction non-amendable? (Choose the best answer.)
A) ARC maintenance
B) Function Workflow definition detail
C) Function Group detail
D) Transaction Code maintenance
4. In Landing Module, what are Settlement Bridge General Ledgers used to handle? (Choose the best answer.)
A) adjustment entries
B) multiple disbursement schedules
C) multiple modes of settlement
D) suspense entries
5. Which three are methods of revaluation used in a foreign exchange product? (Choose three.)
A) rebate
B) straight line
C) redonimation
D) Net Present Value
Solutions:
| Question # 1 Answer: A,C | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: A,B,D |
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