Online Access Free 1z1-415 Exam Questions

Back-to-back LC contracts can be handled in Oracle FLEXCUBE. Which statement is true about a back-to-back LC? (Choose the best answer.)

• A.An export LC can be linked to only one import LC.
• B.All active and authorized export LCs are available for linkage, irrespective of different counter parties.
• C.Amendment, cancellation, or close of an export LC that is linked to an import LC is not possible.
• D.it is possible to enable the back-to-back flag only for an export LC.

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

• A.monthly
• B.annually
• C.daily
• D.weekly

In LC Product Maintenance, different product types can be maintained. Which product type should be used if the LC is not backed by documents? (Choose the best answer)

• A.Standby Guarantee
• B.Export LC
• C.Clean LC
• D.import LC

For an Outgoing cross currency funds transfer, what is the amount tag for the debit and credit transaction entries of the transfer? (Choose the best answer.)

• A.Trf_Amt and Amt_Equiv, respectively
• B.Amt_Equiv and Trf_Amt, respectively
• C.Trf_Amt for both the legs
• D.Amt_Equiv for both the legs

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.Demonstrate the bank's offerings to customers in simulated mode.
• C.Display various interest rates to a customer.
• D.Record customer requests and complaints in the system.