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

1. What does the field SI Amount refer to while processing sweep-in transactions?
(Choose the best answer.)

A) balance in the debit account that should trigger the sweep
B) minimum sweep amount
C) amount to be swept i n
D) balance in the credit account that should trigger the sweep

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 Teller
C) Fixed Asset and Asset Management
D) Fixed Asset and Allocation

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

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

4. 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) standing payment orders
C) sweep out transaction ons
D) variable payment transactions

5. For a revolving-in-time LC that was issued on January 1,2014 with a reinstatement frequency of 60 days, what would be the next reinstatement date? (Choose the best answer.)

A) February 28, 2014
B) March 1.2014
C) March 2. 2014
D) None. LCs cannot revolve in time.

Solutions: