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

1. In Landing Module, what are Settlement Bridge General Ledgers used to handle? (Choose the best answer.)

A) adjustment entries
B) suspense entries
C) multiple modes of settlement
D) multiple disbursement schedules

2. Which two statements are true in defining a Reconciliation Class? (Choose two.)

A) Incorporate many rules into a class.
B) indicate whether the matching type is Mirroring or Replication.
C) Define the external account.
D) Match rule sequence is insignificant

3. Which three options are available in the Rate As On field on the Funds Transfer Product Preference screen? (Choose three.)

A) Spot Date
B) Amend Date
C) Booking Date
D) Value Date

4. Which two are possible matching types for reconciliation? (Choose two.)

A) confirmed
B) replicated
C) identical
D) suggested

5. In which three fields must data be identical for the system to pass consolidated accounting entries for Multi Credit Transfer? (Choose three.)

A) receiver
B) ordering i institution
C) Product Code
D) Rate as of Date

Solutions: