Salesforce nCino 201 Commercial Banking Functional - 201-Commercial-Banking-Functional Exam Practice Test
Which Risk Grade Factor Type would you use for a number based selection?
Correct Answer: B
What controls where Loan appears in Non-Pending Facilities and Pending Facilities on Product Package?
Correct Answer: A,B,C,D
The Process Overview provides a visual representation of the number of Loans categorized by which of the following?
Correct Answer: A
True of False? In order to override a risk grade computed value, you must add comments in order for it to be saved.
Correct Answer: A
True or False? On a Change Memo, you have to manually go back into the Loan record to update any new changes to fields like terms, rate, amount, etc.
Correct Answer: B
True or False? During Approval Process, the Stage field on Product Package and Loan are what controls the syncing for Approval.
Correct Answer: B
True or False? Collateral Management records should be created for each loan they are associated with.
Correct Answer: A
When configuring Credit Memo, which section resource should be used to display information from a child object to the Loan?
Correct Answer: A
___________ is used to notate the reasons for denial of the Loan - and after approval, this record is stored on the Loan page for future reference.
Correct Answer: A
What tab should an admin navigate to for configuring Document Manager?
Correct Answer: D
Which of the following object are commonly referred to as "Ticklers":
Correct Answer: D
True or False? If you assign a task to someone, they will receive email notification letting them know that they have been assigned a new task.
Correct Answer: A
What Collateral MGMT Placeholders are generated in Loan Docman when Collateral is pledged?
Correct Answer: A