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Salesforce 201-Commercial-Banking-Functional Exam Dumps

Salesforce 201-Commercial-Banking-Functional Exam Dumps

SalesforcenCino 201 Commercial Banking Functional Exam

169 Questions & Answers with Explanation
Update Date : April 13, 2024
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Salesforce 201-Commercial-Banking-Functional Sample Questions

Question # 1

When configuring the form template, which of the following items are nCino's recommended best practices?

 A. Copy field API values from the "Show Available Fields" window to eliminate any misspellings caused by manual entry 
B. Ensure that all quotation marks within queries are the straight quotes " " instead of utilizing the curly Microsoft Word quotation marks " " 
C. When configuring a query within a table, navigate to Table Properties and uncheck the "Automatically Resize" checkbox 
D. Utilize the Schema Builder functionality when uncertain about how to query to a certain field on a related object to understand the data structure and how the objects are connected 



Question # 2

After you begin Spreading, what is the first step a user must complete before adding income statements? 

A. Export the bundle 
B. Set Fiscal Year End 
C. Check the Common Sizing box
 D. Select number of months in a period 



Question # 3

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

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



Question # 4

True or False: The nCino Fees Feature can automatically calculate a fee as a fixed amount or a percentage of some other amount. 

A. True 
B. False 



Question # 5

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

A. True 
B. False



Question # 6

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

A. True
 B. False 



Question # 7

True or False: When curating data in an excel sheet, leading zeros are sometimes hidden. 

A. True 
B. False 



Question # 8

True or False? An Admin will Visit the ManageRates Visualforce Page to adjust the rate for a given index. 

A. True 
B. False 



Question # 9

Which loan field is Not required to be filled out to initially create a Rate and Payment Stream?

 A. Loan Amount 
B. First Payment Date 
C. Amortized Terms (Months) 
D. Index 
E. Loan Term (Months) 



Question # 10

True or False? You can add Fees from Product Package. 

A. True 
B. False 



Question # 11

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 



Question # 12

True or False? On a Change Memo, you have to manually go back into the Loan record to update any new changes to fields like terms, rate, amount, etc. 

A. True 
B. False 




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