Oracle 1z1-415 : Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials

  • Exam Code: 1z1-415
  • Exam Name: Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials
  • Updated: Jun 07, 2026
  • Q & A: 85 Questions and Answers

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

1. Identify the SWIFT message that the system generates on successful creation of an LC
contract. (Choose the best answer.)

A) MT760
B) MT700
C) MT710
D) MT734


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


3. Identify the correct function ID to access the Bill Contract screen. (Choose the best answer)

A) BCDTRONL
B) BCDCONOL
C) BCDCONON
D) BCDTRNON


4. Assuming that a bank entered into a USD Spot Deal with a customer on Monday, January 15, and that there are no holidays during the week, on which date will the transaction be settled in the system? (Choose the best answer.)

A) as per the Spot days maintained on the Currency Definition screen for USD
B) as per the Spot days maintained on the Currency Pair Definition screen for USD
C) as per the Spot days maintained on the Bank Parameters screen
D) as per the Spot days maintained on the Branch Parameters screen


5. A bank owns 50 computer tables whose useful life has been set as 20 years. The depreciation method for these assets is set as the straight line method. The bank wants to determine the value of these tables at the end of their useful life.
What would the value be? (Choose the best answer.)

A) 1
B) almost 0
C) equal to the original cost of the new asset of the same type
D) o


Solutions:

Question # 1
Answer: B
Question # 2
Answer: C
Question # 3
Answer: A
Question # 4
Answer: A
Question # 5
Answer: D

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