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Oracle 1z1-415 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials |
| Exam Number: | 1Z0-415 |
| Certificate Validity Period: | Valid until retired by Oracle |
| Exam Price: | $245 USD |
| Available Languages: | English |
| Exam Duration: | 120 minutes |
| Exam Format: | Multiple Choice |
| Passing Score: | 63% |
| Real Exam Qty: | 70–85 |
| Related Certifications: | Oracle FLEXCUBE Universal Banking Implementation Specialist |
| Recommended Training: | Oracle FLEXCUBE Universal Banking 12 Functional Training |
| Exam Registration: | Pearson VUE Registration Oracle Certification Portal |
| Sample Questions: | Oracle 1z1-415 Sample Questions |
| Exam Way: | Computer-based testing at Pearson VUE centers or online proctored |
| Pre Condition: | No mandatory prerequisites; relevant FLEXCUBE implementation experience or training recommended |
| Official Syllabus URL: | https://education.oracle.com/oracle-flexcube-universal-banking-12-advanced-functional-implementation-essentials/trackp_4949 |
Oracle 1z1-415 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Trade Finance Operations | 15% | - Bills and collections processing - Letters of Credit and guarantees |
| Limits, Collateral and Security | 15% | - User access control and security configuration - Limit management and collateral setup |
| Architecture and Core Concepts | 15% | - FLEXCUBE Universal Banking technical architecture - System components and integration framework |
| Lending and Fixed Assets | 20% | - Loan lifecycle and installment processing - Fixed assets and expense management |
| Customer and Account Management | 15% | - Account opening and parameterization - Customer information maintenance |
| Product and Component Configuration | 20% | - Charges, fees, and UDE setup - Product definition and component classes |
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
The status of an installment changes from Normal to Past Due Obligation. A bank wants to levy a charge of $5 USD on it. How can the charge be defined and levied?(Choose the best answer)
- A. Define the charge as an UDE and link it at the Installment level status change
- B. Define the charge as a component at the Product Component Class level and link it at the Account level status change.
- C. Define the charge as a component at the Product level and link it on the Loan Account Charges screen.
- D. Define the charge as a component at the Product Component Class level Default the component by mapping the Component Class to the Product and link the charge component at the Installment level status change.
Correct Answer: D 🗳️
Which product type would you choose for moving funds from one account to another beyond a predefined level? (Choose the best answer.)
- A. standing collection orders
- B. variable payment transactions
- C. standing payment orders
- D. sweep out transaction ons
Correct Answer: B 🗳️
What does starting a customer session enable a bank user to do? (Choose the best answer.)
- A. Record customer requests and complaints in the system.
- B. Demonstrate the bank's offerings to customers in simulated mode.
- C. Automatically get a customer's customer number and account details in transactions.
- D. Display various interest rates to a customer.
Correct Answer: C 🗳️
An exporter intends to bid for a software project in another country. What kind of facility should the exporter avail of a bank in order to participate in the bidding? (Choose the best answer.)
- A. Guarantee
- B. Indemnity
- C. Letter of Credit
- D. Deposits
Correct Answer: A 🗳️
In Landing Module, what are Settlement Bridge General Ledgers used to handle? (Choose the best answer.)
- A. multiple disbursement schedules
- B. adjustment entries
- C. multiple modes of settlement
- D. suspense entries
Correct Answer: C 🗳️
By Margaret
