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1. Select two true statements about Liquidation mode. (Choose two.)

A) Liquidation mode can be Auto or Manual. If Liquidation mode is Auto, it is applicable for all components of a product and can be changed at the Loan account level
B) Liquidation mode can be Auto or Manual If Liquidation mode is Manual, it is applicable for all components of a product and cannot be changed at the Loan account level.
C) if Liquidation mode is other than Auto or Manual, it can be set at the component level and can be changed at the Loan account level.
D) Liquidation mode can be Auto or Manual. If the Liquidation mode is Auto, it is applicable for all components of a product and can not be changed at the Loan account level.

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 Teller
D) Fixed Asset and Asset Management

3. An export bill under a Letter of Credit is negotiated for $75,000 USD on August 1 st. On August 3rd, a reimbursement claim (MT 742) is raised by the negotiating bank on the reimbursing bank for $75,000 USD. The reimbursing bank honors the claim. Assuming that the reimbursing bank uses Oracle FLEXCUBE, how is this transaction handled in the system? (Choose the best answer.)

A) The reimbursing bank uses the Funds Transfer module for sending the MT202 message that honors this claim.
B) The reimbursing bank books a bill contract under the Letter of Credit for capturing the details of MT742. On liquidation of this bill contract, a payment message is generated to honor the claim.
C) The MT742 message can be viewed in the incoming browser of the messaging module of Oracle FLEXCUBE. A stand-alone MT202 message is created and sent from the outgoing browser of the messaging module.
D) Oracle FLEXCUBE does not support handling of trade transactions from the point of view of a reimbursing bank.

4. Which two frequency types can you configure for revaluation in a foreign exchange product? (Choose two.)

A) weekly
B) annually
C) daily
D) monthly

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

問題與答案：