Try and practice the latest Oracle : 1z1-415 real questions & answers
Updated: Jul 25, 2026
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Oracle 1z1-415 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials |
| Exam Number: | 1Z0-415 |
| Passing Score: | 63% |
| Related Certifications: | Oracle FLEXCUBE Universal Banking Implementation Specialist |
| Exam Price: | $245 USD |
| Certificate Validity Period: | Valid until retired by Oracle |
| Real Exam Qty: | 70–85 |
| Exam Duration: | 120 minutes |
| Available Languages: | English |
| Exam Format: | Multiple Choice |
| Recommended Training: | Oracle FLEXCUBE Universal Banking 12 Functional Training |
| Exam Registration: | Pearson VUE Registration Oracle Certification Portal |
| Sample Questions: | Oracle 1z1-415 Sample Questions |
| Exam Way: | Computer-based testing at Pearson VUE centers or online proctored |
| Pre Condition: | No mandatory prerequisites; relevant FLEXCUBE implementation experience or training recommended |
| Official Syllabus URL: | https://education.oracle.com/oracle-flexcube-universal-banking-12-advanced-functional-implementation-essentials/trackp_4949 |
Oracle 1z1-415 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Trade Finance Operations | 15% | - Letters of Credit and guarantees - Bills and collections processing |
| Customer and Account Management | 15% | - Customer information maintenance - Account opening and parameterization |
| Limits, Collateral and Security | 15% | - User access control and security configuration - Limit management and collateral setup |
| Product and Component Configuration | 20% | - Product definition and component classes - Charges, fees, and UDE setup |
| Architecture and Core Concepts | 15% | - FLEXCUBE Universal Banking technical architecture - System components and integration framework |
| Lending and Fixed Assets | 20% | - Loan lifecycle and installment processing - Fixed assets and expense management |
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
1. Which two statements are true in defining a Reconciliation Class? (Choose two.)
A) indicate whether the matching type is Mirroring or Replication.
B) Incorporate many rules into a class.
C) Define the external account.
D) Match rule sequence is insignificant
2. A Forward Buy Contract is opened on January 1,2014 with a product of type Forward, which supports the Option Date feature and a maximum tenor of 12 months. Which three options can this Contract be opened with? (Choose three.)
A) Contract Value Date = December 31. 2014; Option Date = December 25, 2014
B) Contract Value Date = October 31.2014; Option Date = October 31.2014
C) Contract Value Date = January 1, 2014; Option Date = January 15.2014
D) Contract Value Date = January 1, 2014; Option Date = November 30, 2014
3. 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) All active and authorized export LCs are available for linkage, irrespective of different counter parties.
B) An export LC can be linked to only one import LC.
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.
4. A banK has purchased 2b computers and needs to book these as assets and also specify a depreciation type for them. What are the two available depreciation types that the bank can choose from? (Choose two.)
A) accelerated cost recovery
B) written down value
C) straight line method
D) group depreciation method
5. Where should you configure Spot Days for deals? (Choose the best answer.)
A) in the foreign exchange Products Level parameter
B) in the Bank Level parameter
C) in the Branch Level parameter
D) in the Currency Level parameter
Solutions:
| Question # 1 Answer: B,C | Question # 2 Answer: B,C,D | Question # 3 Answer: B | Question # 4 Answer: B,C | Question # 5 Answer: D |
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