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

1. For an Outgoing cross currency funds transfer, what is the amount tag for the debit and credit transaction entries of the transfer? (Choose the best answer.)

A) Amt_Equiv and Trf_Amt, respectively
B) Trf_Amt and Amt_Equiv, respectively
C) Trf_Amt for both the legs
D) Amt_Equiv for both the legs

2. Oracle FLEXCUBE offers inbuilt and automatic linkage between various modules. Identify the correct linkage that is applicable to the Fixed Asset (FA) module. (Choose the best answer)

A) Fixed Asset and Expense Processing
B) Fixed Asset and Allocation
C) Fixed Asset and Asset Management
D) Fixed Asset and Teller

3. Tenors can be maintained at the LC product level and defaulted at the contract level. Which tenor maintained on the Product Preference screen would default at the contract level'? (Choose the best answer.)

A) Standard
B) Minimum, Maximum, and Standard
C) Minimum
D) Maximum

4. What does in-house cheque deposit refer to? (Choose the best answer.)

A) a bank depositing a cheque given by a customer of the bank into its own account
B) a customer of a bank depositing a cheque into the bank's GL account
C) a customer of a bank depositing a cheque into a related customer's account D a customer of a bank depositing a cheque of the same bank belonging to another customer into the account

5. Which product type would you choose for moving funds from one account to another beyond a predefined level? (Choose the best answer.)

A) variable payment transactions
B) sweep out transaction ons
C) standing payment orders
D) standing collection orders

Solutions: