ACP Mock Exams Set 1

Approved & Edited by ProProfs Editorial Team
The editorial team at ProProfs Quizzes consists of a select group of subject experts, trivia writers, and quiz masters who have authored over 10,000 quizzes taken by more than 100 million users. This team includes our in-house seasoned quiz moderators and subject matter experts. Our editorial experts, spread across the world, are rigorously trained using our comprehensive guidelines to ensure that you receive the highest quality quizzes.
Learn about Our Editorial Process
| By Alquintosjr
A
Alquintosjr
Community Contributor
Quizzes Created: 2 | Total Attempts: 3,637
Questions: 278 | Attempts: 2,889

SettingsSettingsSettings
ACP Mock Exams Set 1 - Quiz

Reviewer in preparation for the upcoming ACP Exams Jan. 23, 2013


Questions and Answers
  • 1. 

    What does a workflow in AVALOQ symbolize in a bank? ______________

    Explanation
    A workflow in AVALOQ symbolizes a business process in a bank. This means that it represents the sequence of tasks and activities that need to be performed in order to complete a specific business operation or function within the bank. Workflows in AVALOQ help to streamline and automate these processes, ensuring efficiency and accuracy in the bank's operations. They provide a visual representation of the steps involved in a business process, allowing for better coordination and collaboration among different teams and departments.

    Rate this question:

  • 2. 

    Does the system stop me if I forgot to enter information that is needed?

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    The correct answer is True because typically, a system is designed to prevent users from proceeding if they have not entered all the required information. This is done to ensure that the system functions properly and to avoid any errors or incomplete data. By stopping users from moving forward without providing necessary information, the system promotes accuracy and completeness in data entry.

    Rate this question:

  • 3. 

    A kind of order that creates or modifies objects is __________________

    Correct Answer
    Static Data Order
    Explanation
    The correct answer is "Static Data Order" because this term refers to a type of order that involves the creation or modification of objects. It suggests that there is a specific sequence or arrangement in which objects are instantiated or altered. This order is typically predetermined and remains consistent throughout the execution of a program or system.

    Rate this question:

  • 4. 

    Order that generates booking is called _________________

    Correct Answer
    Transaction Order
    Transaction
    Transactional Order
    Explanation
    The order that generates a booking is called a transaction order. A transaction is a process or event that involves the transfer of goods, services, or funds between two or more parties. In the context of bookings, a transaction order refers to the specific order or request made by a customer to book a product or service. Therefore, a transaction order is the correct term to describe the order that generates a booking.

    Rate this question:

  • 5. 

    When or where can context actions be used?

    • A.

      Wherever you right mouse clicked in form fields, drop-down list boxes and lookup subwindows

    • B.

      Whenever you click the AVALOQ Menu and select a business type

    • C.

      Wherever there is a context menu on the AVALOQ GUI and the user has the access right to perform this context action.

    • D.

      Whenever there is transition in the workflow status

    Correct Answer
    C. Wherever there is a context menu on the AVALOQ GUI and the user has the access right to perform this context action.
    Explanation
    Context actions can be used wherever there is a context menu on the AVALOQ GUI and the user has the access right to perform this context action. This means that whenever the user right-clicks on the AVALOQ GUI, a context menu will appear with various actions that can be performed. The user can then select the appropriate action based on their access rights and perform it. This allows for more efficient and streamlined navigation and interaction within the AVALOQ system.

    Rate this question:

  • 6. 

    ________________ are forms to search for objects and/or use to enter something into input fields.

    Correct Answer
    Lookups
  • 7. 

    ________________ are symbolic references to objects.

    Correct Answer
    Keys
    Explanation
    Keys are symbolic references to objects. In computer science, keys are used to uniquely identify or access specific objects or data. They serve as a way to associate values with specific identifiers, allowing for efficient retrieval and manipulation of data. Keys are commonly used in data structures such as dictionaries, hash tables, and databases, where they play a crucial role in organizing and accessing information.

    Rate this question:

  • 8. 

    ____________ provides business data fields not available in the standard entry forms.

    Correct Answer
    Additions
    Addition
    Explanation
    Additions provide additional business data fields that are not available in the standard entry forms. These additional fields allow businesses to collect and store specific information that is relevant to their operations and requirements. By using Additions, businesses can customize their data collection process and ensure that they capture all the necessary information for their specific needs. This flexibility helps in improving data accuracy and completeness, as well as enabling businesses to make more informed decisions based on the additional data fields provided by Additions.

    Rate this question:

  • 9. 

    __________________ are the ones that groups objects and use these groups for lookup, reporting etc.

    Correct Answer
    Classes/Classifications
    Classifications/Classes
    Classes
    Classifications
    Explanation
    Classes/Classifications are the ones that groups objects and use these groups for lookup, reporting, etc. This means that both classes and classifications can be used to organize and categorize objects in a system. They provide a way to group similar objects together and perform operations on these groups. Whether using the term "classes" or "classifications", the concept remains the same - grouping objects for specific purposes.

    Rate this question:

  • 10. 

    Conceptual components of a workflow. (Choose 4)

    • A.

      Verify Order

    • B.

      Actions

    • C.

      Rules

    • D.

      Posting

    • E.

      Lookup

    • F.

      Status

    • G.

      Context Menu

    • H.

      Commands

    Correct Answer(s)
    B. Actions
    C. Rules
    F. Status
    H. Commands
    Explanation
    The conceptual components of a workflow include actions, rules, status, and commands. Actions refer to the specific tasks or steps that need to be taken within the workflow. Rules are used to define the conditions or criteria that determine how the workflow progresses. Status indicates the current state or stage of the workflow. Commands are the instructions or directives given to carry out certain actions within the workflow. These four components are essential in designing and implementing an effective workflow system.

    Rate this question:

  • 11. 

    What is processed by a workflow? (Choose 2)

    • A.

      Book Orders

    • B.

      Position

    • C.

      Transaction Order

    • D.

      Context Action

    • E.

      Status

    • F.

      Static Data Order

    Correct Answer(s)
    C. Transaction Order
    F. Static Data Order
    Explanation
    A workflow is a sequence of tasks or activities that are performed to achieve a specific goal. In this context, "Transaction Order" and "Static Data Order" are the two options that can be processed by a workflow. A transaction order refers to the process of handling and executing financial transactions, while a static data order involves managing and updating static data, such as customer information or product details. Both of these activities can be automated and streamlined through a workflow to ensure efficient and accurate processing.

    Rate this question:

  • 12. 

    Objects necessary when creating a new bank client? (Choose 4)

    • A.

      Asset

    • B.

      Position (POS)

    • C.

      Business Partner (BP)

    • D.

      Address (ADDR)

    • E.

      Personal Data

    • F.

      Container (CONT)

    • G.

      Contract

    • H.

      Money Account (MACC)

    Correct Answer(s)
    C. Business Partner (BP)
    E. Personal Data
    F. Container (CONT)
    H. Money Account (MACC)
    Explanation
    When creating a new bank client, several objects are necessary. The Business Partner (BP) object is needed to store information about the client's business details. Personal Data is required to store the client's personal information. The Container (CONT) object is used to hold and manage the client's accounts and transactions. Finally, the Money Account (MACC) object is necessary to create and manage the client's bank account.

    Rate this question:

  • 13. 

    Business Partner can have two or more containers.

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    The statement is true because a business partner can have multiple containers. In business, a container is a term used to refer to a unit of work or a process that can be assigned to a business partner. Since a business partner can handle multiple tasks or projects simultaneously, it is possible for them to have two or more containers. This allows for efficient management of workload and allocation of tasks based on the partner's capabilities and availability.

    Rate this question:

  • 14. 

    The currency is defined through the _______________________

    Correct Answer
    Contract of the Money Account
    Contract of Money Account
    Contract
    Explanation
    The currency is defined through the contract of the Money Account. This contract outlines the terms and conditions for the use and management of the Money Account, which is a financial account that holds and transacts in a specific currency. By entering into this contract, individuals or organizations agree to abide by the rules and regulations set forth by the Money Account provider, which ultimately defines the currency that can be used within the account.

    Rate this question:

  • 15. 

    Concepts around Orders. (Choose 6)

    • A.

      Post-It

    • B.

      Order Auditing

    • C.

      Position

    • D.

      Workflow

    • E.

      Context Action

    • F.

      Order Additions

    • G.

      Order Keys

    • H.

      Orderbook

    • I.

      Order Validation

    • J.

      Order Linking

    • K.

      Booking

    Correct Answer(s)
    A. Post-It
    B. Order Auditing
    F. Order Additions
    G. Order Keys
    I. Order Validation
    J. Order Linking
    Explanation
    The given answer includes six concepts related to orders: Post-It, Order Auditing, Order Additions, Order Keys, Order Validation, and Order Linking. These concepts are all relevant to the process of managing and processing orders. Post-It refers to a feature that allows users to attach notes or reminders to orders. Order Auditing involves tracking and reviewing the history of orders for accuracy and compliance. Order Additions refers to the ability to add new orders to the system. Order Keys are unique identifiers assigned to each order. Order Validation involves ensuring that orders meet specific criteria or requirements. Order Linking refers to the ability to associate or connect different orders together.

    Rate this question:

  • 16. 

    The yellow icon on a position means that the orders have not been verified yet or the position has a blocking

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    The yellow icon on a position indicates that the orders have not been verified yet or the position has a blocking. This means that the status of the orders or position is still pending and needs to be confirmed or resolved. It serves as a visual cue to notify the user that further action is required before proceeding.

    Rate this question:

  • 17. 

    What is the difference between a link and a relation?

    • A.

      Relation is the extension of objects while Link is the connection of objects

    • B.

      Link is a tab while relation is an object tag

    • C.

      Links are used for Orders while Relations are exclusively for objects

    • D.

      Relation is the linking of orders to the bp

    Correct Answer
    C. Links are used for Orders while Relations are exclusively for objects
    Explanation
    The given explanation states that links are used for orders, while relations are exclusively for objects. This implies that links are used to establish connections or associations between different orders, whereas relations are used to establish connections or associations between different objects. Therefore, the main difference between a link and a relation is their purpose and the type of connections they establish.

    Rate this question:

  • 18. 

    In the cashier operations, can i select a deposit transaction with the workflow action "Withdrawal"?

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    From a business point of view in a bank this makes no sense. But be aware; the workflow action is only a term. Workflow commands (micro commands) triggers what really happened in the system.

    Rate this question:

  • 19. 

    Is there a difference between CHF and N.CHF?

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    the asset CHF is use for book money and
    the asset N.CHF is for physical money

    Rate this question:

  • 20. 

    ____________________ are exclusively for order and serves as additional information for an order.

    Correct Answer
    Post-It
    Post it
    Explanation
    Post-It and Post it are both correct answers because they both refer to the same thing - small pieces of paper with adhesive on one side that are used for writing notes or reminders. They are exclusively for order and serve as additional information for an order. The question is asking for the correct term or name for these items, and both "Post-It" and "Post it" accurately describe them.

    Rate this question:

  • 21. 

    Is it possible to customize the navigator?

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    This is possible with context action in the navigator window

    Rate this question:

  • 22. 

    Can orderbooks be individualized?

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    Yes, you can set up, store and manage individual filter criteria with the use of templates, layouts and parameters in the task and reporting desk.

    Rate this question:

  • 23. 

    Can changes to orders be traced?

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    Yes, with the attributes auditing and transitions which can be parameterized by the concept around orders.

    Rate this question:

  • 24. 

    What are the attributes around objects? (Choose 7)

    • A.

      Keys

    • B.

      Object

    • C.

      Order Keys

    • D.

      Security

    • E.

      Person

    • F.

      Names

    • G.

      Classifications and Classes

    • H.

      Additions

    • I.

      Link

    • J.

      Relationships

    • K.

      Post-it

    • L.

      Remarks

    • M.

      Collection

    Correct Answer(s)
    A. Keys
    D. Security
    F. Names
    G. Classifications and Classes
    H. Additions
    J. Relationships
    L. Remarks
  • 25. 

    ___________ is the character you need to type to enter the last value date of a month into a date field?

    Correct Answer(s)
    u
    Explanation
    The character "u" is the correct answer because it represents the last day of the month when typing into a date field. This is a commonly used convention where "u" serves as a shorthand for "ultimate" or "ultimate day". By entering "u", the system will automatically recognize and input the correct last day of the current month into the date field.

    Rate this question:

  • 26. 

    Wildcard Characters (Choose 4)

    • A.

      #

    • B.

      !

    • C.

      ?

    • D.

      |

    • E.

      %

    • F.

      *

    • G.

      $

    • H.

      _

    Correct Answer(s)
    C. ?
    E. %
    F. *
    H. _
    Explanation
    The answer includes the wildcard characters ?, %, *, and _. These characters are commonly used in various programming languages and database queries to represent unknown or multiple characters. The question mark (?) represents a single unknown character, the percent sign (%) represents any sequence of characters, the asterisk (*) represents any number of characters, and the underscore (_) represents a single character. These wildcard characters are useful for performing pattern matching and searching operations in text-based data.

    Rate this question:

  • 27. 

    ______________ is a drop-down list of predefined values.

    Correct Answer(s)
    Code Table
    Explanation
    A code table is a drop-down list of predefined values that can be selected from. It is a convenient way to provide a set of options for users to choose from, rather than allowing them to enter any value manually. The code table ensures consistency and accuracy in data entry by restricting the choices to a predefined set.

    Rate this question:

  • 28. 

    Does AVALOQ deliver a "ready to go" banking system?

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    False. AVALOQ delivers an MDB, which is usually the basis for the parameterisation in the implementation project.

    Rate this question:

  • 29. 

    ____________________ means the enhancement of functionality, usually with AVALOQ Script.

    Correct Answer
    Scripting
    Explanation
    Scripting refers to the process of writing and executing scripts, which are sets of instructions or commands that automate tasks or enhance the functionality of a system. In the context of AVALOQ, scripting involves using AVALOQ Script, a programming language specifically designed for the AVALOQ Banking System. With scripting, users can customize and extend the capabilities of the AVALOQ system by writing scripts that perform specific functions or automate repetitive tasks. Therefore, the correct answer is "Scripting".

    Rate this question:

  • 30. 

    Is it true that you always have to use parameterisation and scripting simultaneously?

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    False. It depends on the area of customisation and on that what you want to have as a result.

    Rate this question:

  • 31. 

    Customisation is done by

    • A.

      DDIC and Task Loading

    • B.

      APIs

    • C.

      Creating Source, Compile and Deliver

    • D.

      Parameterisation and Scripting

    Correct Answer
    D. Parameterisation and Scripting
    Explanation
    Customisation is typically done through parameterisation and scripting. Parameterisation allows users to modify the behavior of a software system by adjusting certain parameters or settings. Scripting, on the other hand, involves writing scripts or code to automate tasks or modify the functionality of a system. Both parameterisation and scripting provide flexibility and allow users to tailor the software to their specific needs and requirements.

    Rate this question:

  • 32. 

    Sources are always written in PL/SQL

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    Sources are never written in PL/SQL

    Rate this question:

  • 33. 

    Which sources can be reverse-compiled?

    • A.

      Sources that are audited and integrated

    • B.

      Sources that are available in the ABS by clicking reverse compile

    • C.

      Sources which have a "+" in the source type field "CODE_SRC_TYPE.REV_CMPL".

    • D.

      APis

    Correct Answer
    C. Sources which have a "+" in the source type field "CODE_SRC_TYPE.REV_CMPL".
  • 34. 

    How can sources be found in ABS? (Choose 2)

    • A.

      Task and Report Desk

    • B.

      Avaloq Forms

    • C.

      Navigator

    • D.

      Parameterisation Desk

    Correct Answer(s)
    A. Task and Report Desk
    D. Parameterisation Desk
    Explanation
    The correct answer is Task and Report Desk and Parameterisation Desk. In ABS, sources can be found in the Task and Report Desk, which allows users to access and manage various reports and tasks. Additionally, sources can also be found in the Parameterisation Desk, which provides users with the ability to configure and customize various parameters and settings in ABS. Both of these desks serve as important tools for accessing and managing sources in ABS.

    Rate this question:

  • 35. 

    ______________ status is set if the source is not accepted by Oracle

    Correct Answer(s)
    CORRUPT
    Explanation
    If the source is not accepted by Oracle, it means that it is considered corrupt. The term "corrupt" implies that the source is damaged, flawed, or unreliable in some way. Therefore, if the status is set as "CORRUPT," it indicates that the source has been deemed unacceptable by Oracle due to its compromised state.

    Rate this question:

  • 36. 

    _____________________ status is set if the source contains a syntax error.

    Correct Answer(s)
    ERROR
    Explanation
    The given correct answer is "ERROR". This is because when the source contains a syntax error, the status is set to "ERROR". This indicates that there is a mistake or issue in the code structure or syntax, which prevents it from being executed correctly. It is important to identify and fix these errors in order to ensure the proper functioning of the source code.

    Rate this question:

  • 37. 

    ___________________ the table where basic information about the different AVALOQ Source Types is stored.

    Correct Answer(s)
    CODE_SRC_TYPE
    Explanation
    The given correct answer "CODE_SRC_TYPE" suggests that it is the name or identifier of the table where basic information about the different AVALOQ Source Types is stored. This table likely contains data related to various source types used in the AVALOQ system, such as code sources for programming or development purposes. It is a logical assumption that this table would exist in a database or system that manages and organizes information related to AVALOQ Source Types.

    Rate this question:

  • 38. 

    _________________ is where data is stored, which are part of a database.

    Correct Answer(s)
    Table
    Explanation
    A table is where data is stored in a database. It is a collection of related data organized in rows and columns. Tables are used to store and organize data in a structured manner, making it easier to retrieve and manipulate the data. Tables are an essential component of a database system, allowing for efficient storage and retrieval of information.

    Rate this question:

  • 39. 

    What is the naming convention for tables which contain a predefined "list of data"?

    Correct Answer(s)
    CODE_
    Explanation
    The naming convention for tables which contain a predefined "list of data" is to start the table name with "CODE_". This convention helps to easily identify and differentiate these tables from other tables in the database.

    Rate this question:

  • 40. 

    The usage of APIs is mainly recommended because it speeds up the performance.     

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    The usage of APIs is recommended because it facilitates the maintenance of the development (write once, use often- REUSABILITY).

    Rate this question:

  • 41. 

    Is it possible to reverse-compile an API?

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    Reverse-compilation is only possible for descriptive Avaloq sources, not for those which create or contain PL/SQL.

    Rate this question:

  • 42. 

    What is the basic syntax to call an API?

    Correct Answer
    API-name.function(parameter list)
    APIname.function(parameter list)
    Explanation
    The basic syntax to call an API is by using the API name followed by a dot, then the function name, and finally the parameter list enclosed in parentheses. The correct answer provided includes two examples of this syntax, with the API name and function name separated by a dot and the parameter list enclosed in parentheses.

    Rate this question:

  • 43. 

    Calling and API is only possible within an AVALOQ Script Package

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    APIs can also possibly called from outside the ABS

    Rate this question:

  • 44. 

    What API stands for?

    Correct Answer
    Application Programming Interface
    Explanation
    An API stands for Application Programming Interface. It is a set of rules and protocols that allows different software applications to communicate and interact with each other. APIs define the methods and data formats that can be used to request and exchange information between different systems. They provide a standardized way for developers to access the functionality of a software component or service, without needing to understand the underlying implementation details. APIs are commonly used in web development, allowing developers to integrate third-party services, access databases, and create custom functionality in their applications.

    Rate this question:

  • 45. 

    ____________________ is a script which contain elements of PL/SQL and SQL and is stored in AVALOQ ICE

    Correct Answer
    BTC
    Business Type Config
  • 46. 

    What does OMD stand for?

    Correct Answer
    Object Modelling Definition
    Explanation
    OMD stands for Object Modelling Definition. This acronym refers to the process of defining and representing objects in a system or software through various modeling techniques. Object modeling involves identifying the objects, their attributes, relationships, and behaviors, and creating a visual representation of these elements. It helps in understanding the structure and behavior of the system, facilitating effective communication between stakeholders, and guiding the development process.

    Rate this question:

  • 47. 

    Contents of the AVALOQ ICE Installation (Choose 3)

    • A.

      AVALOQ Namespace

    • B.

      AVALOQ ICE Server

    • C.

      AVALOQ Orderbook

    • D.

      AVALOQ ICE Workbench (AVALOQ ICE Client)

    • E.

      AVALOQ ICE Workspace

    Correct Answer(s)
    B. AVALOQ ICE Server
    D. AVALOQ ICE Workbench (AVALOQ ICE Client)
    E. AVALOQ ICE Workspace
    Explanation
    The AVALOQ ICE Installation includes the AVALOQ ICE Server, AVALOQ ICE Workbench (AVALOQ ICE Client), and AVALOQ ICE Workspace. These components are essential for the installation and operation of the AVALOQ ICE system. The AVALOQ ICE Server is responsible for handling the server-side operations and processing of data. The AVALOQ ICE Workbench (AVALOQ ICE Client) is the client-side application used for managing and configuring the AVALOQ ICE system. The AVALOQ ICE Workspace provides a dedicated workspace for users to perform their tasks and access the necessary resources.

    Rate this question:

  • 48. 

    _______________ contains a user's preferred settings, indexes and temporary files (local history)

    Correct Answer(s)
    Workspace
    Explanation
    A workspace contains a user's preferred settings, indexes, and temporary files (local history). This means that when a user is working on a project or task, they can customize their workspace to suit their preferences. It also includes indexes that help with searching and organizing files within the workspace. Additionally, temporary files are stored in the workspace, which can be useful for keeping track of changes and revisions made during the work process. Overall, a workspace is a personalized and efficient environment for users to work in.

    Rate this question:

  • 49. 

    ______________________ consists of the Kernel Data, Customisation Sources and Business Data.

    Correct Answer(s)
    ABS Instance
    Explanation
    An ABS Instance consists of the Kernel Data, Customisation Sources, and Business Data. This suggests that an ABS Instance is a combination of these three components. The Kernel Data refers to the core operating system and software that runs the ABS Instance. The Customisation Sources are the modifications or customizations made to the ABS Instance to tailor it to specific needs. The Business Data includes the data and information specific to the business or organization using the ABS Instance.

    Rate this question:

  • 50. 

    _____________________________ is the tool use for developing and storing the customisation source code and creation of installable units for an ABS Instance.

    Correct Answer(s)
    AVALOQ ICE
    ICE
    Explanation
    AVALOQ ICE and ICE are the tools used for developing and storing the customization source code and creating installable units for an ABS Instance. These tools provide a platform for developers to write and manage their customizations, allowing for efficient and organized development and deployment of code in an ABS environment.

    Rate this question:

Quiz Review Timeline +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 22, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Jan 22, 2013
    Quiz Created by
    Alquintosjr
Back to Top Back to top
Advertisement
×

Wait!
Here's an interesting quiz for you.

We have other quizzes matching your interest.