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SalesforcenCino 201 Commercial Banking Functional Exam

Last Update 3 hours ago Total Questions : 169

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Question # 1

Which Risk Grade Factor Type would you use for a number based selection?

A.

Quantitative

B.

Qualitative

C.

Template

D.

Unit

Question # 2

Which Salesforce features are commonly used to support flexible configuration in nCino features? 9Select all that apply)

A.

Field Sets

B.

All options listed are correct

C.

Permission sets

D.

Custom Settings

Question # 3

Which of the following is NOT an example of a Fee that should be tracked using the nCino Fee Management feature?

A.

Appraisal

B.

Attorney

C.

Loan Origination

D.

Credit Card Late Payment Charge

Question # 4

True or False: When Creating a New Route you should always click the New Button.

A.

True

B.

False

Question # 5

Where can the Interest Accrual Method be changed?

A.

Product Line

B.

Manage Rates Tab

C.

Product Type

D.

Index

Question # 6

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

A.

Type

B.

Name

C.

Industry

D.

LookupKey

Question # 7

True of False? In order to override a risk grade computed value, you must add comments in order for it to be saved.

A.

True

B.

False

Question # 8

Any financial documents for your borrower should be saved in the __________.

A.

Relationship Document Manager

B.

Connections

C.

Loan Document Manager

D.

Overview

Question # 9

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?

A.

R-2 is appended to the original loan's loan number

B.

_ORG is appended to the original loan's loan number

C.

All appendages are removed from the original loan's loan number

D.

The original loan is deleted

Question # 10

In nCino, which designation in the default structure hierarchy captures the record of principal advance?

A.

Limit

B.

Current Takedown

C.

Main

D.

Sub Limit

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