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

1. In which depreciation method does the amount of depreciation provided by a bank on a fixed asset not remain constant throughout the useful life of the asset? (Choose the best answer.)

A) wntten down value
B) straight line method
C) sum of digits depreciation method
D) activity depreciation method

2. How many charge rules can be associated with a funds transfer product code? (Choose the best answer)

A) nil
B) two
C) as many as possible
D) one

3. For an Outgoing cross currency funds transfer, what is the amount tag for the debit and credit transaction entries of the transfer? (Choose the best answer.)

A) Amt_Equiv and Trf_Amt, respectively
B) Trf_Amt for both the legs
C) Amt_Equiv for both the legs
D) Trf_Amt and Amt_Equiv, respectively

4. Which statement is true about the Confirmation Tracer? (Choose the best answer)

A) ft is a reminder sent to a beneficiary, seeking a letter of confirmation.
B) His a reminder sent to a confirming bank, seeking a letter of confirmation.
C) it is a reminder sent to an issuing bank, seeking a letter of confirmation.
D) it is a reminder sent to a reimbursing bank, seeking a letter of confirmation

5. Select two true statements about Liquidation mode. (Choose two.)

A) 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.
B) 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
C) 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.
D) 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.

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