Salesforce 201-COMMERCIAL-BANKING-FUNCTIONAL Online Practice Questions and Exam Preparation

Salesforce 201-COMMERCIAL-BANKING-FUNCTIONAL Online Questions & Answers

• 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
  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
  B. Set Fiscal Year End

• 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
  A. Credit 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
  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
  A. True

• 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
  B. False

• Question 7:

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

  A. True
  B. False
  A. True

• 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
  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)
  D. Index

• Question 10:

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

  A. True
  B. False
  B. False