Salesforce nCino 201 Commercial Banking Functional - 201-Commercial-Banking-Functional Exam Practice Test
Which Collateral Management feature enables the functionality of comparing the value of a piece of collateral to the value of all loans pledged to that particular piece of collateral?
Correct Answer: B
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True or False: Appending 'tool-' OR 'action-' to the beginning of an App Name on the Route object will make the Route display in the Magic Wand.
Correct Answer: B
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Select the options that best summarize what a Product Package is. (Choose all that apply)
Correct Answer: A,C,D
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Which section of your homepage can be configured to show the reports you choose to have displayed?
Correct Answer: C
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What tab should be navigated to for Docman Configuration?
Correct Answer: A
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A loan with loan number 12345 is renewed. This creates a new Loan record with Loan number 12345R-1.
When Loan 12345R-1 books the stage is updated to the 'booked' stage.
What happens to the original loan's loan number when the 12345R-1 books?
When Loan 12345R-1 books the stage is updated to the 'booked' stage.
What happens to the original loan's loan number when the 12345R-1 books?
Correct Answer: A
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When creating new screen sections for a credit memo, which field determines the order in which screen sections appear?
Correct Answer: B
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True of False? By default, the total exposure includes any proposed direct or indirect exposure.
Correct Answer: B
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When loans are renewed or modified, the financial institution would like to ensure that Loan Team Members (related list) are not copied from the original loan. Which ConfigVal setting should be reviewed or edited to prevent this?
Correct Answer: A
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What is the proper way to enter in a weight value of 50 percent for Risk Grade?
Correct Answer: A
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When setting a Route to look at a VisualForce Page what field holds the API name of the VisualForce Page?
Correct Answer: C
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The Customer Information (CIP information - i.e. date of birth, drivers license) for an Individual Relationship is stored here.
Correct Answer: D
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To access the Default Rate Indices one would navigate via Setup>Develop>Custom Settings>Manage records next to Index
Correct Answer: A
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True or False: The packaged Setup of nCino UI will have Risk Rating already configured.
Correct Answer: B
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