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

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

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

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

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

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. The system allows the Match Status to be Open, Suggested, or Closed. Which two statements are true about Match Status of Suggested? (Choose two.)

A) The suggested entires can be modified.
B) The suggested entries cannot be rejected.
C) The suggested entries can be confirmed.
D) The suggested entries can be rejected.

5. Which two statements are true about a Reconciliation Class? (Choose two.)

A) a Reconciliation Class type can be Mirror or Replication.
B) Several rules constitute a Reconciliation Class.
C) a Reconciliation Class type is both Mirror and Replication.
D) a rule sequence number is entered manually for the rules that are attached to a Reconciliation Class.

Solutions: