Free 201-COMMERCIAL-BANKING-FUNCTIONAL Exam Dumps Preview

Question 1

Single choice

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

1. A

   Export the bundle

2. B

   Set Fiscal Year End

3. C

   Check the Common Sizing box

4. D

   Select number of months in a period

Reveal answer details Close answer details

Correct answerB

Question 2

Single choice

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

1. A

   True

2. B

   False

Reveal answer details Close answer details

Correct answerA

Question 3

Single choice

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.

1. A

   True

2. B

   False

Reveal answer details Close answer details

Correct answerA

Question 4

Single choice

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

1. A

   True

2. B

   False

Reveal answer details Close answer details

Correct answerA

Question 5

Single choice

Which Selection is NOT a Modification Frequency Value that can be set per index?

1. A

   Adjusted Yearly

2. B

   Adjusted as needed

3. C

   Adjusted Daily

4. D

   Adjusted Hourly

Reveal answer details Close answer details

Correct answerC

Question 6

Single choice

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

1. A

   True

2. B

   False

Reveal answer details Close answer details

Correct answerB

Question 7

Single choice

When configuring a form template from the Loan object and attempting to capture the values for fields on a related object, how must the start of the query be configured to "call-out" to that other object?

1. A

   {{"API_Name"}}

2. B

   {{FIELD="API_Name"}}

3. C

   {{LIST="Field_API_Name"}}

4. D

   {{LIST="Object_API_Name"}}

Reveal answer details Close answer details

Correct answerD

Question 8

Single choice

The Customer Information (CIP information - i.e. date of birth, drivers license) for an Individual Relationship is stored here.

1. A

   Leads

2. B

   Connections

3. C

   Contacts

4. D

   Overview

Reveal answer details Close answer details

Correct answerC

Question 9

Single choice

True or False: Workbench can be used to query salesforce records that are otherwise difficult to report on.

1. A

   True

2. B

   False

Reveal answer details Close answer details

Correct answerA

Question 10

Single choice

When creating new screen sections for a credit memo, which field determines the order in which screen sections appear?

1. A

   Render Order

2. B

   Widget Order

3. C

   Display Order

4. D

   Section Order

Reveal answer details Close answer details

Correct answerC

Question 11

Single choice

Where would a Route with the App Name of 'third-party-reports' display if you assigned it to a Group via Route Group and did NOT give it a Parent Route?

1. A

   In the Magic Wand

2. B

   It won't render because it doesn't have a Parent Route

3. C

   The Main Navigation

4. D

   The Secondary Navigation

Reveal answer details Close answer details

Correct answerC

Question 12

Single choice

What data points related to Collateral MGMT is recommended to be used when starting Collateral Docman Smart Checklists?

1. A

   Collateral Type-> Type/Subtype

2. B

   Loan to Value

3. C

   Collateral Pledge

4. D

   Address

5. E

   Collateral History

Reveal answer details Close answer details

Correct answerA

Question 13

Single choice

Which of the following is a Data Loader option?

1. A

   Side Slide

2. B

   Update

3. C

   Check and Return

4. D

   Secondary Delete

Reveal answer details Close answer details

Correct answerB

Question 14

Single choice

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

1. A

   Relationship Document Manager

2. B

   Connections

3. C

   Loan Document Manager

4. D

   Overview

Reveal answer details Close answer details

Correct answerA

Question 15

Multiple choice

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

1. A

   It has a Master Detail Relationship up to the Loan object.

2. B

   It has a Lookup Relationship up to the Loan object.

3. C

   One Fee record is used to store all the Fees for a Loan.

4. D

   Every Fee on a loan has a separate unique record to represent that Fee.

Reveal answer details Close answer details

Correct answersB, D

Question 16

Single choice

Which of the following object are commonly referred to as "Ticklers":

1. A

   Loan Covenants

2. B

   Events

3. C

   Covenant Compliance

4. D

   Covenant Management

Reveal answer details Close answer details

Correct answerC

Question 17

Single choice

When converting a lead, what is NOT created?

1. A

   Loan

2. B

   Memo

3. C

   Individual Relationship

4. D

   Business Relationship

Reveal answer details Close answer details

Correct answerB

Question 18

Multiple choice

Which child object of a Covenant Management record can have multiple records? (Select 2).

1. A

   Covenant Type

2. B

   Covenant Compliance

3. C

   Account Covenant

4. D

   Loan Covenant

Reveal answer details Close answer details

Correct answersB, D

Question 19

Single choice

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

1. A

   True

2. B

   False

Reveal answer details Close answer details

Correct answerA

Question 20

Single choice

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

1. A

   Product State Config

2. B

   Stage

3. C

   Status

4. D

   Custom Settings

5. E

   All of the Above

Reveal answer details Close answer details

Correct answerE

Question 21

Single choice

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

1. A

   True

2. B

   False

Reveal answer details Close answer details

Correct answerB

Question 22

Single choice

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

1. A

   Alternate routes

2. B

   Parent routes

3. C

   Sub-routes

4. D

   Tertiary routes

Reveal answer details Close answer details

Correct answerC

Question 23

Single choice

nCino Forms Generation can be deployed on which of the following objects?

1. A

   Account, Loan, Contact & Collateral objects

2. B

   Custom Objects

3. C

   All options listed are correct

4. D

   Standard Objects

Reveal answer details Close answer details

Correct answerC

Question 24

Single choice

What is the proper way to enter in a weight value of 50 percent for Risk Grade?

1. A

   0.5

2. B

   0.05

3. C

   50%

4. D

   50

Reveal answer details Close answer details

Correct answerA

Question 25

Single choice

Covenant Compliance records are created "X" days prior to the "Next Evaluation Date" based on?

1. A

   The number of days specified by the user

2. B

   The Covenant type

3. C

   The frequency

4. D

   The status

Reveal answer details Close answer details

Correct answerB

Question 26

Single choice

In the nCino UI, bold contents contained within a field denotes data:

1. A

   That has recently been saved

2. B

   That has been entered but not yet saved

3. C

   That is incorrect value for the field type it is entered in

4. D

   That is used in a formula field elsewhere in the system

Reveal answer details Close answer details

Correct answerC