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Salesforce 201-Commercial-Banking-Functional SalesforcenCino 201 Commercial Banking Functional Exam Exam Practice Test

SalesforcenCino 201 Commercial Banking Functional Exam Questions and Answers

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Question 1

Where can the Interest Accrual Method be changed?

Options:

A.

Product Line

B.

Manage Rates Tab

C.

Product Type

D.

Index

Question 2

When converting a lead, what is NOT created?

Options:

A.

Loan

B.

Memo

C.

Individual Relationship

D.

Business Relationship

Question 3

What is the proper way to enter in a weight value of 50 percent for Risk Grade?

Options:

A.

0.5

B.

0.05

C.

50%

D.

50

Question 4

How do I Modify/Renew a Loan from Product Package?

Options:

A.

Credit Actions button

B.

Navigate to loan and then modify/renew

C.

Manage Loan button

D.

Bulk Actions button

Question 5

True or False: A Limit or Sub Limit adds additional exposure to the overall hierarchy.

Options:

A.

True

B.

False

Question 6

Which of the following ways can a Loan be created in nCino (Select 2)

Options:

A.

Converting a Lead to a Loan

B.

Adding from Entity involvement related list

C.

New Loan Product button from Relationship

D.

New Loan Product button from Relationship

Question 7

Which one of the following is NOT a tab available on your Homepage toolbar?

Options:

A.

Loans

B.

Summary

C.

Overview

D.

Reports

Question 8

How can you calculate a risk rating (Select 2)?

Options:

A.

Qualitative

B.

Narratives

C.

Quantitative

D.

Template

Question 9

After you begin Spreading, what is the first step a user must complete before adding income statements?

Options:

A.

Export the bundle

B.

Set Fiscal Year End

C.

Check the Common Sizing box

D.

Select number of months in a period

Question 10

True of False? By default, the total exposure includes any proposed direct or indirect exposure.

Options:

A.

True

B.

False

Question 11

True of False? Risk rating can include both qualitative and quantitative values.

Options:

A.

False

B.

True

Question 12

True or False? An Admin will Visit the ManageRates Visualforce Page to adjust the rate for a given index.

Options:

A.

True

B.

False

Question 13

In the nCino UI, bold contents contained within a field denotes data:

Options:

A.

That has recently been saved

B.

That has been entered but not yet saved

C.

That is incorrect value for the field type it is entered in

D.

That is used in a formula field elsewhere in the system

Question 14

What is configured that determines the approval process a record will go through?

Options:

A.

Original Step

B.

Entry Criteria

C.

Beginning Process

D.

Final approval action

Question 15

True or False: The nCino Fees Feature can automatically calculate a fee as a fixed amount or a percentage of some other amount.

Options:

A.

True

B.

False

Question 16

True or False? Informatica loads run on a manual sync. The admin must tell the sync to run.

Options:

A.

True

B.

False

Question 17

Where are the graphics for the nodes used on the Overview tab (Process View Images) housed?

Options:

A.

Static Resources

B.

Desktop Administration

C.

Installed Packages

D.

Custom Labels

E.

Apps

Question 18

True or False? Collateral Placeholders can be imported into Loan Documan.

Options:

A.

True

B.

False

Question 19

The nCino UI provides the users with all of the following, except:

Options:

A.

An intuitive layout that reduces learning curve in adapting to and using the layout effectively

B.

A Streamlined navigation and presentation of data by keeping all relevant information in one view pane (you are only presented with the information you need to know)

C.

A 1-to-1 replacement of native Salesforce Ul functionality

D.

Consistent experience across devices

Question 20

The Financial Indicator Value is determined by:

Options:

A.

The value specified by the user

B.

The Covenant Type

C.

The Loan Covenant

D.

The Covenant Compliance

Question 21

For a user to generate a record below the Main on the loan record in nCino, which button are you required to add to the page layout?

Options:

A.

Credit Memo

B.

Sharing

C.

Manage Customer Portal

D.

New Limit/Sub/Takedown

Question 22

True or False? The Product Catalog can dictate the type of placeholders that render in Document Manager.

Options:

A.

True

B.

False

Question 23

An Advance Rate override will impact which record?

Options:

A.

Collateral Type

B.

Collateral Pledged

C.

Collateral Management

D.

All of the Above

Question 24

What field on relationship is recommended to be used when starting Relationship Docman Smart Checklists?

Options:

A.

Type

B.

Name

C.

Industry

D.

LookupKey

Question 25

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 12345R-1 loan's loan number when the 12345R-1 loan books?

Options:

A.

The loan is deleted

B.

Loan 12345R-1 updates to 12345R-2

C.

The R-1 appendage on loan 12345R-1 is removed

D.

The loan number for loan 12345R-1 is updated to 12345_ORG