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201-COMMERCIAL-BANKING-FUNCTIONAL Online Practice Questions

Salesforce enCino 201 Commercial Banking Functional

169 questions available · Page 1 of 17

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Question 1 Single choice

You can use the Log a Call function on which of the following pages

  1. A

    Contact

  2. B

    Lead

  3. C

    Loan

  4. D

    Relationship

  5. E

    All of the above

Show answer and explanation

Correct answer: E

Question 2 Single choice

Which one of the following is NOT a tab available on your Homepage toolbar?

  1. A

    Loans

  2. B

    Summary

  3. C

    Overview

  4. D

    Reports

Show answer and explanation

Correct answer: B

Question 3 Single choice

True or False: An approval process can fire email alerts to groups of users.

  1. A

    True

  2. B

    False

Show answer and explanation

Correct answer: A

Question 4 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

Show answer and explanation

Correct answer: E

Question 5 Single choice

Where should an end user begin spreading from?

  1. A

    Loan

  2. B

    Relationship

  3. C

    Primary Contact

  4. D

    Credit Memo Summary Page

Show answer and explanation

Correct answer: A

Question 6 Single choice

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

  1. A

    True

  2. B

    False

Show answer and explanation

Correct answer: A

Question 7 Single choice

In nCino, which designation in the default structure hierarchy captures the record of principal advance?

  1. A

    Limit

  2. B

    Current Takedown

  3. C

    Main

  4. D

    Sub Limit

Show answer and explanation

Correct answer: B

Question 8 Single choice

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?

  1. A

    A match on the Relationship Social Security Number or Tax ID

  2. B

    A match on the lookupKey value for the record

  3. C

    A match on the name of the record

  4. D

    A Salesforce ID match

Show answer and explanation

Correct answer: B

Question 9 Single choice

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

  1. A

    An intuitive layout that reduces learning curve in adapting to and using the layout effectively

  2. B

    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)

  3. C

    A 1-to-1 replacement of native Salesforce Ul functionality

  4. D

    Consistent experience across devices

Show answer and explanation

Correct answer: B

Question 10 Single choice

True or False: Updating the Status of the Covenant Management record will generate a Covenant Compliance record.

  1. A

    True

  2. B

    False

Show answer and explanation

Correct answer: A