A bank has purchased 25 computers. The bank needs to book these as assets and also specify the depreciation type for them. Which two depreciation types can the bank choose from?
A. Written Down Value
B. Straight Line Method
C. Accelerated Cost Recovery
D. Group Depreciation Method
Which GL type should be created for Intraday Posting GL?
A. Contingent Asset/Contingent Liability
B. Asset/Liability
C. Income/Expense
D. Any Suspense GL
How many user-defined fields can be embedded in a CIF screen?
A. 2
B. 4
C. 5
D. Any number
What are the functionalities of the Sign Off and Exit buttons?
A. Sign Off helps the user change the branch whereas Exit logs the user out of the system.
B. Exit helps the user change the branch whereas Sign Off logs the user out of the system.
C. Sign Off helps the user log off a Module whereas Exit logs the user out of the system.
D. Sign Off brings the user to the "sign on" screen whereas Exit logs the user out of the system.
The End of Day (EOD) batch operation in Oracle FLEXCUBE is set up for the respective branches. There are different stages during the EOD Batch Process such as:
A) Financial Reports Generation for the Branch B) End of Day C) End of Financial Input D) End of Transaction Input E) Post EOTI Batches F) BOD Batches G) Date Change H) Transaction Input
A. D > E > C > A > B > G > F > H
B. D > E > A > C > B > G > F > H
C. C > D > E > A > B > G > F > H
D. A > B > C > D > E > F > G > H
Oracle FLEXCUBE offers an Inbuilt and automatic linkage between various modules. Identify the correct linkage applicable to the Fixed Assets (FA) module.
A. FA and Teller
B. FA and XP
C. FA and Asset Management
D. FA and Allocation
Which components are defined while customizing the product in Oracle FLEXCLUBE?
A) ICCF B) MIS C) Role-to-Head Mapping D) Revaluation E) Accounting Periods
A. A, B, D and E
B. A, B and D
C. A, B and E
D. A, B and C
What is true about the CD module in Oracle FLEXCUBE?
A) You can manually roll over a Corporate Deposit at the contract level, even if Rollover is not allowed at the product level.
B) A corporate deposit can be created with the manual liquidation option selected, even if Auto Liquidation is set at the product level.
C) Only corporate type of customers are allowed to open a Corporate deposit.
D) Prepayment of PRINCIPAL is not allowed in Corporate Deposits as it constitutes a violation of the contract.
A. A, B, C and D
B. A, B and C
C. B and D
D. B
Which statements are true about Holiday Maintenance in Oracle FLEXCUBE?
A) Oracle FLEXCUBE supports Head Office-level Local Holiday Maintenance and the same is applicable to all branches reporting to the Head Office.
B) Oracle FLEXCUBE supports Regional Office-level Local Holiday Maintenance and the same is applicable to all branches reporting to this Regional Office.
C) Oracle FLEXCUBE supports Branch-level Local Holiday Maintenance.
D) Oracle FLEXCUBE supports Currency Holiday Maintenance from Head Office only.
A. A, C and D
B. A, B, C and D
C. A and D
D. C and D
Which two types of Customer-to-liability linkage are supported in the system?
A. Multiple Liabilities linked to single customer
B. Single Liability linked to multiple customers
C. Single Liability linked to only one customer
D. Single Liability linked to single customer group code
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