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
Explanation:
Explanation/Reference:
A is only possible if you allowed rollover at the time of initiating the contract. C is equally wrong as
it is the user that decides which category of customers to allow. Prepayment is always allowed. B
is the only correct option.