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Oracle 1Z0-561 Online Practice Questions and Exam Preparation

1Z0-561 Exam Details

  • Exam Code
    :1Z0-561
  • Exam Name
    :Oracle FLEXCUBE Universal Banking 11 Basic Implementation Essentials
  • Certification
    :Oracle Certifications
  • Vendor
    :Oracle
  • Total Questions
    :76 Q&As
  • Last Updated
    :Jul 12, 2026

Oracle 1Z0-561 Online Questions & Answers

  • Question 71:

    What does Settlement Instruction maintenance in FT Module refer to?

    A) defining the Settlement Account for the Sender Bank which will be used as Debit Account in case of Incoming Fund Transfer.

    B) defining the Credit Account for the Branch, Product and Currency combination which will be used as Credit Account in case of Outgoing Fund Transfer.

    C) defining the Routing Bank Information for the Receiver selected in the FT Contract Input and using the same in the Contract settlement.

    D) Settlement Instruction used only in Internal Fund Transfer.

    A. A, B and C
    B. A and B
    C. A and C
    D. D

  • Question 72:

    Under which screen are the standard set of vendors in Expense Processing Contract maintained?

    A. Vendor Maintenance screen
    B. XP Product Preference screen
    C. XP Bank Preference screen
    D. XP Branch Preference screen

  • Question 73:

    What is possible regarding Ear Marking?

    A. blocking of a Liability
    B. blocking of a Facility Line
    C. blocking of funds for a Liability
    D. blocking of funds for a Facility

  • Question 74:

    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

  • Question 75:

    Which three statements are correct regarding a Funds Transfer Product?

    A. Back Value-Dated transactions are allowed.
    B. The charges are shared between the remitter and the beneficiary.
    C. Future Value-Dated Transactions are not allowed.
    D. Cross-currency transactions are allowed.

  • Question 76:

    Which screen is used to enable/disable Password Expiry Notification?

    A. Role Profile Definition
    B. User Profile Definition
    C. SMS Bank Parameters
    D. Restricted Access screen

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