Free Oracle 1z0-415 Exam Dumps Questions & Answers

An exporter intends to bid for a software project in another country. What kind of facility should the exporter avail of a bank in order to participate in the bidding? (Choose the best answer.)

• A.  Guarantee
• B.  Indemnity
• C.  Letter of Credit
• D.  Deposits

A bank wants to charge depreciation tor an asset at the rate ot 20%, 30%, 25%, b%, and 20% tor the tirst year, second year, and so on till the last year How should you indicate this on the Depreciation Rule Mapping screen? (Choose the best answer.)

• A.  ad hoc
• B.  activity depreciation
• C.  combination of rule-based and ad hoc
• D.  rule-based

A Letter or Credit issue can be confirmed by a bank. Which bank confirms a Letter or Credit (Choose the best answer?)

• A.  the paying bank
• B.  the confirming bank
• C.  the collecting bank
• D.  the advising bank

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.  it is possible to enable the back-to-back flag only for an export 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.  An export LC can be linked to only one import LC.

What does a teller use Transfer Cash From Vault for? (Choose the best answer.)

• A.  to sell cash and travelers' cheques
• B.  to buy only cash
• C.  to buy cash and travelers' cheques
• D.  to sell only cash