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  • Exam Code: 1z1-415
  • Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
  • Updated: Aug 26, 2026
  • Q & A: 85 Questions and Answers
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  • Exam Code: 1z1-415
  • Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
  • Updated: Aug 26, 2026
  • Q & A: 85 Questions and Answers
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  • Exam Code: 1z1-415
  • Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
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Oracle 1z1-415 Exam Syllabus Topics:

SectionObjectives
Fixed Assets, Expenses, and Lending- Lending and Asset Management
  • 1. Payment and collection processing
  • 2. Consumer lending lifecycle management
  • 3. Fixed asset maintenance
  • 4. Lending product definition and configuration
  • 5. Loan contract processing
Basic Instructions and Retail Telling- Retail Teller Operations
  • 1. Foreign exchange transactions
  • 2. Retail Teller product setup and configuration
  • 3. Standing instructions and product definition
  • 4. Till balancing and workflow maintenance
  • 5. Cash, cheque, and demand draft transactions
Money Market, Foreign Exchange, and Funds Transfer- Treasury and Transfer Operations
  • 1. Funds transfer types and settlement processing
  • 2. Lifecycle processing and revaluation
  • 3. Foreign exchange deal processing
  • 4. Money market product maintenance
Letters of Credit and Nostro Reconciliation- Trade Finance Operations
  • 1. Matching rules and reconciliation classes
  • 2. Reimbursement and Letter of Credit resolution
  • 3. Import and export Letter of Credit processing
  • 4. Letter of Credit product setup
Bills and Collections- Bills Processing
  • 1. Reimbursement lodging and honoring
  • 2. Forfaiting and collection processing
  • 3. Import and export bills under Letter of Credit

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

Question 1

In case an auto authorization limit is not specified in PC Source Parameter Maintenance, what would happen to transactions that belong to the customer, source, and product category combination'? (Choose the best answer.)

A. The transactions are automatically directed to a referral queue
B. The transactions are automatically authorized on upload.
C. The transactions must be manually authorized.
D. The transactions are rejected


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


Question 3

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


Question 4

A bank wants to include the user reference number that is generated from the money market module in Swift messages. Where is this defined? (Choose the best answer.)

A. Money Market Contract
B. Money Market Product
C. Money Market Branch Parameter
D. Money Market Bank Parameter


Question 5

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

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


Solutions:

Question 1
Answer: D
Question 2
Answer: C
Question 3
Answer: C
Question 4
Answer: A
Question 5
Answer: A,C,D

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