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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) nn
D) n

2. A customer wants to set up utility bill payment. What product type must you select? (Choose the best answer.)

A) variable payment orders
B) standing payment orders
C) standing collection orders
D) sweep out transactions

3. In which product type are foreign exchange cash deal products configured? (Choose the best answer.)

A) forward
B) cash
C) Non Deliverable Forward
D) spot

4. In a particular depreciation method, the amount of depreciation provided by a bank on a fixed asset remains constant throughout the useful life of the asset. Which is this method? (Choose the best answer)

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

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

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

Solutions: