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

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

• Question 111:

  When configuring Loan Team Member alerts, what loan field is populated via workflow to initiate the notification?

  A. Loan Alerts
  B. Team Alerts
  C. Team Member Alerts
  D. Notification Alert
  B. Team Alerts

• Question 112:

  Connections is used to join what 2 type of records.

  A. Relationships with other Relationships
  B. Reports to Dashboards
  C. Relationships to Loans
  D. Loans with other Loans
  A. Relationships with other Relationships

• Question 113:

  How can you calculate a risk rating (Select 2)?

  A. Qualitative
  B. Narratives
  C. Quantitative
  D. Template
  A. Qualitative
  C. Quantitative

• Question 114:

  True or False: New Covenant Management records are created when the "Next Evaluation Date" is met.

  A. True
  B. False
  B. False

• Question 115:

  True or False: The Product Catalog can dictate the type of placeholders that render in Document Manager.

  A. True
  B. False
  A. True

• Question 116:

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

  A. Product State Config
  B. Stage
  C. Status
  D. Custom Settings
  E. All of the Above
  E. All of the Above

• Question 117:

  Covenant Compliance records are generated until:

  A. the Status is changed
  B. A user deactivates the Covenant Management record
  C. All associated Loans are in the Booked Stage
  D. All Associated Loans are in the Complete Stage
  C. All associated Loans are in the Booked Stage

• Question 118:

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

  A. True
  B. False
  A. True

• Question 119:

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

  A. It has a Master Detail Relationship up to the Loan object.
  B. It has a Lookup Relationship up to the Loan object.
  C. One Fee record is used to store all the Fees for a Loan.
  D. Every Fee on a loan has a separate unique record to represent that Fee.
  B. It has a Lookup Relationship up to the Loan object.
  D. Every Fee on a loan has a separate unique record to represent that Fee.

• Question 120:

  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 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 objects are connected.