Oracle Financial Crime and Compliance Management 6 Functional Implementation Essentials (1z0-444) Free Practice Test

Question 1

The focal entity of an alert provides a way to ________. (Choose the best answer.)

A. score an alert

B. provide a central point to investigate an alert

C. address a business problem

D. filter transactions

Correct Answer: D

Question 2

Which two options are available while managing trusted pairs during an implementation? (Choose two.)

A. Alert Management UI

B. Case Management UI

C. Managing Trusted Pairs is an external process to the FCCM product.

D. Loading via DIS File

Correct Answer: A,D

Question 3

When can an alert be promoted automatically to a case? (Choose the best answer.)

A. when one alert is promoted to multiple cases

B. when multiple alerts are linked through Alert Correlation

C. when multiple alerts are promoted to a single case

D. when alerts are re-assigned to the case owner

Correct Answer: C

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question 4

Which option can be used to display transactions in nonbase monetary units? (Choose the best answer.)

A. Base Amount field in transaction building block

B. Base Reporting Amount in transaction building block

C. Transaction Amount -Reporting

D. Transaction Amount - Local Reporting Currency

Correct Answer: D

Question 5

Which symbol denotes a threshold in a pattern? (Choose the best answer.)

A. &

B. %

C. @

D. $

Correct Answer: B

Question 6

During an infrastructure workshop it is stated, that the client should procure the Enterprise Edition of Oracle database server.
Which option is correct? (Choose the best answer.)

A. FCCM mandates the use of Partitioning, which is only available in the Enterprise Edition.

B. Oracle licensing policy mandates the use of Enterprise Edition in Tier 1 Financial Institutions.

C. FCCM mandates the use of Data Guard, which is only available in the Enterprise Edition.

D. FCCM mandates the use of Advanced Security, which is only available in the Enterprise Edition.

Correct Answer: C

Question 7

Which option is not a valid threshold type? (Choose the best answer.)

A. REAL

B. DATE

C. LIST

D. STRING

Correct Answer: B

Welcome to TestSimulate

Oracle Financial Crime and Compliance Management 6 Functional Implementation Essentials (1z0-444) Free Practice Test