[Q39-Q56] Salesforce 201-Commercial-Banking-Functional Practice Verified Answers - Pass Your Exams For Sure! [2022]

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Salesforce 201-Commercial-Banking-Functional Practice Verified Answers - Pass Your Exams For Sure! [2022]

Valid Way To Pass nCino Certification's 201-Commercial-Banking-Functional Exam

NEW QUESTION 39
The Address is found on which object?

  • A. Collateral Pledged
  • B. Loan
  • C. Collateral Management
  • D. Lien

Answer: C

 

NEW QUESTION 40
True of False? The relationship statistics section comes with a default collection of exposure calculations.

  • A. True
  • B. False

Answer: A

 

NEW QUESTION 41
Which of the following are true about the LLC_BI__Fee__c object? (Choose 2)

  • A. One Fee record is used to store all the Fees for a Loan.
  • B. It has a Lookup Relationship up to the Loan object.
  • C. Every Fee on a loan has a separate unique record to represent that Fee.
  • D. It has a Master Detail Relationship up to the Loan object.

Answer: B,C

 

NEW QUESTION 42
Once the Covenant Compliance record is set to Compliant status, the Next Evaluation Date on the parent Covenant automatically moves forward based on the frequency set on the parent Covenant. This is accomplished via workflow rules and can be customized.
Which of the following is necessary for a sync with records coming from the Core?

  • A. A match on the lookupKey value for the record
  • B. A match on the name of the record
  • C. A match on the Relationship Social Security Number or Tax ID
  • D. A Salesforce ID match

Answer: A

 

NEW QUESTION 43
When using reports to assist in a data load, which file type should that report be saved as?

  • A. PDF
  • B. CSV (Comma Delimited)
  • C. CSV MS-DOC
  • D. Excel Workbook

Answer: B

 

NEW QUESTION 44
When using Spreads, what is the most likely reason an end user is unable to select the Show operations checkbox?

  • A. They are not an administrator
  • B. Missing Underwriting Permission Set
  • C. Spreads was configured incorrectly
  • D. Field level security is too high

Answer: B

 

NEW QUESTION 45
True of False? By default, the total exposure includes any proposed direct or indirect exposure.

  • A. True
  • B. False

Answer: A

 

NEW QUESTION 46
How do I Modify/Renew a Loan from Product Package?

  • A. Credit Actions button
  • B. Navigate to loan and then modify/renew
  • C. Bulk Actions button
  • D. Manage Loan button

Answer: A

 

NEW QUESTION 47
The navigation items organized vertically across the left side of the nCino User Interface are called:

  • A. Alternate routes
  • B. Sub-routes
  • C. Parent routes
  • D. Tertiary routes

Answer: B

 

NEW QUESTION 48
Which SOQL Query would return all Loan ID's?

  • A. SELECT ID FROM LLC_BI__LOAN__C
  • B. SELECT ID FROM ACCOUNT.LLC_BI__LOAN__C
  • C. SELECT ID, FROM LLC_BI__LOAN__C

Answer: B

 

NEW QUESTION 49
You can create a new task off of which of the following objects?

  • A. All of the above
  • B. Loan Modification
  • C. Change Memo
  • D. Risk Rating
  • E. Covenant

Answer: A

 

NEW QUESTION 50
True or False? During Approval Process, the Stage field on Product Package and Loan are what controls the syncing for Approval.

  • A. True
  • B. False

Answer: B

 

NEW QUESTION 51
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

Answer: A

 

NEW QUESTION 52
The nCino UI provides the users with all of the following, except:

  • A. 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)
  • B. A 1-to-1 replacement of native Salesforce Ul functionality
  • C. An intuitive layout that reduces learning curve in adapting to and using the layout effectively
  • D. Consistent experience across devices

Answer: A

 

NEW QUESTION 53
What controls where Loans appear in Non-Pending Facilities and Pending Facilities on Product Package?

  • A. Product State Config
  • B. Stage
  • C. Status
  • D. Custom Settings
  • E. All of the Above

Answer: E

 

NEW QUESTION 54
True or False: The packaged Setup of nCino UI will have Risk Rating already configured.

  • A. True
  • B. False

Answer: A

 

NEW QUESTION 55
True or False? Informatica loads run on a manual sync. The admin must tell the sync to run.

  • A. True
  • B. False

Answer: A

 

NEW QUESTION 56
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