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

1. 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) Till and Vault maintenance screen in Branch Parameters
B) ARC maintenance screen
C) There is no Overage or Shortage GL maintenance in Oracle FLEXCUBE
D) Retail Teller product screen

2. You can create the Reimbursement LC product type in Oracle FLEXCUBE. When will a bank create a contract under the product type Reimbursement? (Choose the best answer.)

A) when the bank acts as a reimbursing bank
B) when the bank acts as an advising bank
C) when the bank acts as a claiming bank
D) when the bank acts as an issuing bank

3. What is the maximum number of charges that can be attached to a Retail Teller product? (Choose the best answer.)

A) four
B) five
C) unlimited
D) three

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

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

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

Solutions: