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

2. Which two are possible matching types for reconciliation? (Choose two.)

A) replicated
B) suggested
C) identical
D) confirmed

3. Which three are methods of revaluation used in a foreign exchange product? (Choose three.)

A) Net Present Value
B) redonimation
C) rebate
D) straight line

4. The system allows the Match Status to be Open, Suggested, or Closed. Which two statements are true about Match Status of Suggested? (Choose two.)

A) The suggested entires can be modified.
B) The suggested entries can be rejected.
C) The suggested entries can be confirmed.
D) The suggested entries cannot be rejected.

5. Home loans are given at a fixed interest rate of 10%. The rate now must be increased to 11 %. How can this be done in the system? (Choose the best answer.

A) by changing the interest rate on the UDE values screen
B) by unlocking the loan account and changing the value on the Interest tab
C) by amending the UDE value on the Value Dated Amendment screen
D) by changing the rate value in Loan Account UDEs

Solutions: