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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) balance in the credit account that should trigger the sweep
D) amount to be swept i n
2. What does the system do when a future value dated deal is entered? (Choose the best answer.)
A) User defines accounting entries on the Value Date.
B) it passes accounting entries on the day of booking the contract.
C) it does not book future dated accounting entries.
D) it does not pass accounting entries on the day of booking the contract.
3. 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 authorized on upload.
B) The transactions must be manually authorized.
C) The transactions are automatically directed to a referral queue
D) The transactions are rejected
4. In which three fields must data be identical for the system to pass consolidated accounting entries for Multi Credit Transfer? (Choose three.)
A) Product Code
B) receiver
C) ordering i institution
D) Rate as of Date
5. There can be overage or shortage of cash while processing Retail Teller transactions. The bank can specify the General Ledger in which the overage or shortage should be booked. On which screen can the Overage or Shortage GL be maintained? (Choose the best answer.)
A) ARC maintenance screen
B) Retail Teller product screen
C) Till and Vault maintenance screen in Branch Parameters
D) There is no Overage or Shortage GL maintenance in Oracle FLEXCUBE
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: A,B,C | Question # 5 Answer: C |




