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

1. What does starting a customer session enable a bank user to do? (Choose the best answer.)

A) Demonstrate the bank's offerings to customers in simulated mode.
B) Display various interest rates to a customer.
C) Automatically get a customer's customer number and account details in transactions.
D) Record customer requests and complaints in the system.

2. Oracle FLEXCUBE offers inbuilt and automatic linkage between various modules. Identify the correct linkage that is applicable to the Fixed Asset (FA) module. (Choose the best answer)

A) Fixed Asset and Teller
B) Fixed Asset and Asset Management
C) Fixed Asset and Expense Processing
D) Fixed Asset and Allocation

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

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

4. A usance import bill that is not under a Letter of Credit has been received for 510,000 USD. The drawer has not made a payment for the bill. The drawer has requested the collecting bank (importer's bank) to protest on the drawer's behalf. What event should be attached to support this function'? (Choose the best answer.)

A) PRNP
B) REFP
C) AMND
D) CLOS

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

Solutions: