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

2. Identify four Document Clause types that are available in the system for the LC module. (Choose four.)

A) transport
B) invoice
C) packing list
D) drafts
E) certificates
F) others
G) insurance

3. Which liability is reduced in the system on booking a bill under a Letter of Credit opened by a customer? (Choose the best answer.)

A) Acceptance liability
B) LC liability
C) Collection liability
D) Bill liability

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

5. An exporter intends to bid for a software project in another country. What kind of facility should the exporter avail of a bank in order to participate in the bidding? (Choose the best answer.)

A) Deposits
B) Guarantee
C) Indemnity
D) Letter of Credit

Solutions: