Passcerty.com » Oracle » Others Oracle Certifications » 1Z0-561

1Z0-561 Exam Questions & Answers

Exam Code: 1Z0-561

Exam Name: Oracle FLEXCUBE Universal Banking 11 Basic Implementation Essentials

Updated: May 09, 2024

Q&As: 76

At Passcerty.com, we pride ourselves on the comprehensive nature of our 1Z0-561 exam dumps, designed meticulously to encompass all key topics and nuances you might encounter during the real examination. Regular updates are a cornerstone of our service, ensuring that our dedicated users always have their hands on the most recent and relevant Q&A dumps. Behind every meticulously curated question and answer lies the hard work of our seasoned team of experts, who bring years of experience and knowledge into crafting these premium materials. And while we are invested in offering top-notch content, we also believe in empowering our community. As a token of our commitment to your success, we're delighted to offer a substantial portion of our resources for free practice. We invite you to make the most of the following content, and wish you every success in your endeavors.


Download Free Oracle 1Z0-561 Demo

Experience Passcerty.com exam material in PDF version.
Simply submit your e-mail address below to get started with our PDF real exam demo of your Oracle 1Z0-561 exam.

Instant download
Latest update demo according to real exam

*Email Address

* Our demo shows only a few questions from your selected exam for evaluating purposes

Free Oracle 1Z0-561 Dumps

Practice These Free Questions and Answers to Pass the Others Oracle Certifications Exam

Questions 1

A bank has ICCF Rule implemented to collect its processing charges, but due to regulation changes now it can no longer levy these charges on the transactions. What changes are required in Oracle FLEXCUBE to implement new requirement?

A. Amend the respective products and select the "Stop Application" flag in the Charge Definition screen.

B. Unlock the ICCF Rule and delink all the attached products.

C. Reverse the ICCF Rule.

D. Delete the ICCF Rule.

Show Answer
Questions 2

Which statements are true about Limits Revaluation in Oracle FLEXCUBE?

A) Limits Revaluation is done online as and when the Currency Exchange Rate changes.

B) Limits Revaluation is done as part of the EOD Batch Process.

C) Limits Revaluation Accounting entries are posted in the Limits Currency.

D) Limits Revaluation Accounting entries are posted in the Branch Local Currency.

A. A, B, C and D

B. A and C

C. B and C

D. B and D

Show Answer
Questions 3

Oracle FLEXCUBE supports Multi Credit Transfer using Funds Transfer Module. Which features are part of Multi Credit Transfer?

A) Message is sent as MT 102 and MT203.

B) Maximum of 10 Contracts can be consolidated under a multicredit reference number.

C) Consolidated accounting reference number is to be entered by the user.

D) Field Multi Credit Transfer should be enabled at the Product and Branch level.

A. A, B and C

B. B, C and D

C. A, B and D

D. A, C and D

Show Answer
Questions 4

What is possible regarding Ear Marking?

A. blocking of a Liability

B. blocking of a Facility Line

C. blocking of funds for a Liability

D. blocking of funds for a Facility

Show Answer
Questions 5

What is the purpose of the "SI" button on the CIF screen?

A. to add Standing Instructions

B. to view Standing Instructions

C. to add Settlement Instructions

D. to view Settlement Instructions

Show Answer More Questions

Viewing Page 3 of 3 pages. Download PDF or Software version with 76 questions

<123

Related ExamsRelated Certifications