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SalesforcenCino 201 Commercial Banking Functional Exam

Last Update 5 hours ago Total Questions : 169

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Question # 11

The Financial Indicator Value is determined by:

A.

The value specified by the user

B.

The Covenant Type

C.

The Loan Covenant

D.

The Covenant Compliance

Question # 12

True or False? During Approval Process, the Stage field on Product Package and Loan are what controls the syncing of Approval.

A.

True

B.

False

Question # 13

Covenant Compliance records are created "X" days prior to the "Next Evaluation Date" based on?

A.

The number of days specified by the user

B.

The Covenant type

C.

The frequency

D.

The status

Question # 14

From the default structure hierarchy in nCino, which options can have one or many options below them in the hierarchy? (Choose three)

A.

Sub Limit

B.

Current Takedown

C.

Main

D.

Limit

Question # 15

True or False: Collateral Type is optional.

A.

True

B.

False

Question # 16

When using nCino Forms Generation, where are the templates stored so that a user can access to edit?

A.

Forms Manager

B.

Templates can't be edited once saved

C.

nCino Administration

D.

Forms Templates

Question # 17

Which of the following object are commonly referred to as "Ticklers":

A.

Loan Covenants

B.

Events

C.

Covenant Compliance

D.

Covenant Management

Question # 18

True or False: Once the entire Loan term is defined, the payment structure data from the first payment stream is pushed back to the loan object and saved. This overwrites existing data on the loan object.

A.

True

B.

False

Question # 19

True or False? New Covenant Management records are created when the "Next Evaluation Date" is met.

A.

True

B.

False

Question # 20

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.

A.

True

B.

False

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