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

1. In which depreciation method does the amount of depreciation provided by a bank on a fixed asset not remain constant throughout the useful life of the asset? (Choose the best answer.)

A) sum of digits depreciation method
B) activity depreciation method
C) straight line method
D) wntten down value

2. Merchandise can be classified and maintained in Oracle FLEXCUBE. Where would you maintain the merchandise that is involved in a trade transaction with an underlying LC? (Choose the best answer.)

A) INCO terms maintenance
B) Merchandise code maintenance
C) Commodity Code maintenance
D) Documents maintenance

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

4. What is the maximum number of charges that can be attached to a Retail Teller product? (Choose the best answer.)

A) three
B) unlimited
C) five
D) four

5. If an Outgoing Request for a debit transaction is approved, what would it result in? (Choose the best answer.)

A) outgoing payment
B) incoming direct debit
C) incoming payment C outgoing direct debit

Solutions: