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Oracle Financial Crime and Compliance Management 6 Functional Implementation Essentials Sample Questions:

1. Which are three data streams of interest for the scenario High Risk Transactions: High Risk Counter Party? (Choose three.)

A) Back Office Transaction
B) Front Office Transaction
C) Watch list
D) Correspondent Bank


2. A transaction execution date is applicable to which two options? (Choose two.)

A) Cash transactions
B) Wire transactions
C) Monetary instrument transactions
D) Back office transactions


3. Which set of steps must be completed to create a new threshold set? (Choose the best answer.)

A) 1. Create the Threshold Set by using the Admin Tools Threshold Editor. A corresponding Job ID will be created.
2. Assign the Job ID to an existing Job Template ID and run the Scenario.
B) 1. Create the Threshold Set by using the Scenario Manager. A corresponding Job ID and Job template ID will be created.
2. Run the Scenario
C) 1. Create the Threshold Set by using the Scenario Manager. A corresponding Job ID will be created.
2. Assign the Job ID to an existing Job Template ID and run the Scenario.
D) 1. Create the Threshold Set by using the Admin Tools Threshold Editor. A corresponding Job ID and Job template ID will be created.
2. Run the Scenario Job.


4. 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) FCCM mandates the use of Data Guard, which is only available in the Enterprise Edition.
C) Oracle licensing policy mandates the use of Enterprise Edition in Tier 1 Financial Institutions.
D) FCCM mandates the use of Advanced Security, which is only available in the Enterprise Edition.


5. Identify the two options that are not provided by the Alert Details Tab. (Choose two.)

A) reference data as of the last data ingestion cycle
B) score (link)
C) threshold (link)
D) alert action history


Solutions:

Question # 1
Answer: A,B,C
Question # 2
Answer: A,C
Question # 3
Answer: D
Question # 4
Answer: B
Question # 5
Answer: A,B

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