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

1. Identify the format in which the number of original documents is input. (Choose the best answer.)

A) n
B) n/n
C) nn/n
D) nn

2. What does starting a customer session enable a bank user to do? (Choose the best answer.)

A) Demonstrate the bank's offerings to customers in simulated mode.
B) Record customer requests and complaints in the system.
C) Automatically get a customer's customer number and account details in transactions.
D) Display various interest rates to a customer.

3. The system supports Multi Credit Transfer by using the funds transfer module. Which three statements are true about Multi Credit Transfer? (Choose three.)

A) The Multi Credit Transfer field should be enabled at the Product and Branch levels.
B) A maximum of 10 contracts can be consolidated under a Multi Credit Reference number.
C) A consolidated accounting reference number must be entered by a user.
D) A message is sent as MT102 and MT 203.

4. 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) 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.
C) 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.
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.

5. Different events are triggered during the life cycle of an LC contract. Which event is triggered on issuance of an import LC t (Choose the best answer?)

A) BISS
B) REIN
C) AVAL
D) BOOK

Solutions: