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

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

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

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) fields
B) linkages
C) collateral
D) settlement

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

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

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

5. Identify two types of money market contracts where the maturity date is not input by a user. (Choose two.)

A) call
B) notice
C) floating
D) fixed

Solutions: