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Self-learning and self-evaluation functions

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Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:

1. 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) group depreciation method
C) written down value
D) straight line method

2. 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 for both the legs
C) Amt_Equiv and Trf_Amt, respectively
D) Trf_Amt for both the legs

3. Identify the format in which the number of original documents is input. (Choose the best answer.)

A) n
B) nn/n
C) n/n
D) nn

4. Which product type would you choose for moving funds from one account to another beyond a predefined level? (Choose the best answer.)

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

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

Solutions: