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

Page: 1 / 17
Total 169 questions

Salesforce nCino 201 Commercial Banking Functional Exam Questions and Answers

Question 1

Covenants are automatically marked active when:

Options:

A.

The loan is paid off

B.

30 days before the Next Evaluation Date

C.

The Loan is Booked

Question 2

True or False? A Loan that is processed through nCino will typically go through multiple approval processes.

Options:

A.

True

B.

False

Question 3

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?

Options:

A.

Collateral Coverage Ratio

B.

Collateral Pledged

C.

Complex Collateral

D.

Loan Ratio

Question 4

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.

Options:

A.

True

B.

False

Question 5

True or False? When you log a call, you are also given the ability to create a follow-up task on the same page, if needed.

Options:

A.

True

B.

False

Question 6

___________ 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.

Options:

A.

Decline Loan Reasons

B.

Reasons for Denial

C.

Covenant Compliance

D.

Adverse Action

Question 7

What objects are standard supported for Document Manager?

Options:

A.

-Loan

B.

-Relationship

C.

-Deposits

D.

-Collateral

E.

-Treasury Services

F.

-Product Package

Question 8

True or False? You don't need a field set in order to Build the Layout for a Screen Section.

Options:

A.

True

B.

False

Question 9

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 10

True or False? Once a loan has been put into the approval process, the record will be locked until an action is taken.

Options:

A.

True

B.

False

Question 11

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 12

The 'Loan Details' Main Navigation has Sub Navigation called Questionnaire that should be the first Route that is seen when clicking the 'Loan Details'. Where is the 'Default Context' checkbox checked to

make the Questionnaire show up first?

Options:

A.

Route

B.

Route Group

C.

Group

D.

Screen Section

Question 13

True or False: To access the Default Rate Indices one would navigate via Setup>Develop>Custom Settings>Manage records next to Index

Options:

A.

True

B.

False

Question 14

True or False? Collateral Management records should be created for each loan they are associated with.

Options:

A.

True

B.

False

Question 15

True or False? A Loan converts to a lead through the "Convert to nCino" button.

Options:

A.

True

B.

False

Question 16

True or False? When Creating a New Risk Grade Template you should Always use the Create New Risk Grade Template Button.

Options:

A.

True

B.

False

Question 17

Nodes in the Overview Tab can be directed to which of the following?

Options:

A.

A specific List View or a specific Dashboard

B.

A specific List View or a specific Report

C.

The Loan Object or the the Report Object

D.

The Loan Object or the Dashboard Object

Question 18

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

Options:

A.

True

B.

False

Question 19

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 20

True or False: The roles used in loan team member alerts configuration are the standard Salesforce roles.

Options:

A.

True

B.

False

Question 21

True of False? Individual Relationship records also have Contact records linked to them - and on the Contact record is where the customer's CIP information is stored.

Options:

A.

True

B.

False

Question 22

True or False? List views should be created for each Stage on the Loan Object.

Options:

A.

True

B.

False

Question 23

True or False? Activity History shows any prior CRM activities performed (phone calls, email sent, meetings, etc) and Open Activities shows any pending tasks.

Options:

A.

True

B.

False

Question 24

What tab should be navigated to for Docman Configuration?

Options:

A.

nCino Administration

B.

DM Administration

C.

Docman Configuration Tool Suite

D.

Home

E.

Reports

Question 25

Which section of your homepage can be configured to show the reports you choose to have displayed?

Options:

A.

Dashboard

B.

Contacts

C.

Calendar

D.

My Tasks

Page: 1 / 17
Total 169 questions