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

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

• Question 1:

  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 D. MappedSObjectScreenResource

• Question 2:

  ___________ is used to notate the reasons for denial of the Loan - and after approval, this record is stored on the Loan page for future reference.

  A. Decline Loan Reasons
  B. Reasons for Denial
  C. Covenant Compliance
  D. Adverse Action
  D. Adverse Action

• Question 3:

  True or False: The Loan Exception file catches loan duplicates from coming into the system.

  A. True
  B. False
  A. True

• Question 4:

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

  A. 0.5
  B. 0.05
  C. 50%
  D. 50
  A. 0.5

• Question 5:

  To use RLTV, financial institutions need to ensure they currently use which of the following features?

  A. Both Enhanced Collateral Management and Total Exposure
  B. Enhanced Collateral Management
  C. Total Exposure
  D. None ofthe above
  B. Enhanced Collateral Management

• Question 6:

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

  A. Loans
  B. Summary
  C. Overview
  D. Reports
  B. Summary

• Question 7:

  For a user to generate a record below the Main on the loan record in nCino, which button are you required to add to the page layout?

  A. Credit Memo
  B. Sharing
  C. Manage Customer Portal
  D. New Limit/Sub/Takedown
  D. New Limit/Sub/Takedown

• Question 8:

  True of False: In order to override a risk grade computed value, you must add comments in order for it to be saved.

  A. True
  B. False
  A. True

• Question 9:

  True or False: When you log a call, you are also given the ability to create a follow-up task on the same page, if needed.

  A. True
  B. False
  A. True

• Question 10:

  The 'Loan Details' Main Navigation has Sub Navigation called Questionnaire that should be the first Route that is seen when clicking the 'Loan Details'. Where is the 'Default Context' checkbox checked to make the Questionnaire show up first?

  A. Route
  B. Route Group
  C. Group
  D. Screen Section
  B. Route Group