Online Access Free 1z1-415 Practice Test

Which three operations are not allowed for a product with the Discounted Straight Line method of revaluation? (Choose three.)

• A.limits tracking
• B.rollover
• C.partial payment
• D.cancellation

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

For a revolving-in-time LC that was issued on January 1,2014 with a reinstatement frequency of 60 days, what would be the next reinstatement date? (Choose the best answer.)

• A.None. LCs cannot revolve in time.
• B.March 2. 2014
• C.February 28, 2014
• D.March 1.2014

Which three options are available in the Rate As On field on the Funds Transfer Product Preference screen? (Choose three.)

• A.Booking Date
• B.Value Date
• C.Amend Date
• D.Spot Date

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.An export LC can be linked to only one import LC.
• D.Amendment, cancellation, or close of an export LC that is linked to an import LC is not possible.