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

1. The system supports Multi Credit Transfer by using the funds transfer module. Which three statements are true about Multi Credit Transfer? (Choose three.)

A) A message is sent as MT102 and MT 203.
B) A maximum of 10 contracts can be consolidated under a Multi Credit Reference number.
C) The Multi Credit Transfer field should be enabled at the Product and Branch levels.
D) A consolidated accounting reference number must be entered by a user.

2. Identify the format in which the number of original documents is input. (Choose the best answer.)

A) n
B) nn
C) nn/n
D) n/n

3. The operation code "acceptance" is applicable for both export and import bills For the operation code "acceptance,1' identify the change of operation that is applicable only for import bills. (Choose the best answer.)

A) acceptance to discount
B) acceptance to purchase
C) acceptance to advance
D) acceptance to forfeiting

4. A bank wants to include the user reference number that is generated from the money market module in Swift messages. Where is this defined? (Choose the best answer.)

A) Money Market Bank Parameter
B) Money Market Branch Parameter
C) Money Market Product
D) Money Market Contract

5. Which two frequency types can you configure for revaluation in a foreign exchange product? (Choose two.)

A) daily
B) weekly
C) annually
D) monthly

Solutions: