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

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

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

2. What does the system do when a future value dated deal is entered? (Choose the best answer.)

A) it does not book future dated accounting entries.
B) User defines accounting entries on the Value Date.
C) it does not pass accounting entries on the day of booking the contract.
D) it passes accounting entries on the day of booking the contract.

3. What happens to a customer account when a transaction is of type "foreign exchange purchase against account?" (Choose the best answer.)

A) it depends on the currency being purchased.
B) The account is debited.
C) it depends on whether the customer account is Savings or Current.
D) The account is credited.

4. Identify the correct function ID to access the Bill Contract screen. (Choose the best answer)

A) BCDCONOL
B) BCDTRONL
C) BCDCONON
D) BCDTRNON

5. What does the field SI Amount refer to while processing sweep-in transactions?
(Choose the best answer.)

A) amount to be swept i n
B) balance in the credit account that should trigger the sweep
C) balance in the debit account that should trigger the sweep
D) minimum sweep amount

Solutions: