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201-Commercial-Banking-Functional Practice Questions

Question # 1
When configuring nCino feature from a knowledge base article and a necessary field is not available on the page layout what is the best FIRST step to take to locate the field?
A. Click edit page layout and search for the missing field
B. Create the field
C. Check with the knowledge team to make sure the article is up to date
D. Chatter your team lead


A. Click edit page layout and search for the missing field


Question # 2
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


A. The value specified by the user


Question # 3
Which Selection is NOT a Modification Frequency Value that can be set per index?
A. Adjusted Yearly
B. Adjusted as needed
C. Adjusted Daily
D. Adjusted Hourly


C. Adjusted Daily


Question # 4
When configuring Credit Memo, which section resource should be used to display information from a child object to the Loan?
A. SObjectScreenResource
B. ConfiguredSObjectScreenResource
C. MappedSObjectHierarchyScreenResource
D. MappedSObjectScreenResource


C. MappedSObjectHierarchyScreenResource


Question # 5
When converting a lead, what is NOT created?
A. Loan
B. Memo
C. Individual Relationship
D. Business Relationship


B. Memo


Question # 6
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?
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


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


Question # 7
True or False? List views should be created for each Stage on the Loan Object.
A. True
B. False


A. True


Question # 8
True or False: The packaged Setup of nCino UI will have Risk Rating already configured.
A. True
B. False


A. True


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Salesforce 201-Commercial-Banking-Functional Exam Dumps

Exam Name: SalesforcenCino 201 Commercial Banking Functional
Certification Name: nCino Certification

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  • Total Questions: 169
  • Last Updation Date: 16-Jan-2025

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