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

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

• Question 141:

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

  A. Render Order
  B. Widget Order
  C. Display Order
  D. Section Order
  C. Display Order

• Question 142:

  True or False: Activity History shows any prior CRM activities performed (phone calls, email sent, meetings, etc) and Open Activities shows any pending tasks.

  A. True
  B. False
  A. True

• Question 143:

  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 144:

  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.

  A. True
  B. False
  A. True

• Question 145:

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

  A. The number of days specified by the user
  B. The Covenant type
  C. The frequency
  D. The status
  B. The Covenant type

• Question 146:

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

  A. An intuitive layout that reduces learning curve in adapting to and using the layout effectively
  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)
  C. A 1-to-1 replacement of native Salesforce Ul functionality
  D. Consistent experience across devices
  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)

• Question 147:

  True or False: Once the entire Loan term is defined, the payment structure data from the first payment stream is pushed back to the loan object and saved. This overwrites existing data on the loan object.

  A. True
  B. False
  A. True

• Question 148:

  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?

  A. A match on the Relationship Social Security Number or Tax ID
  B. A match on the lookupKey value for the record
  C. A match on the name of the record
  D. A Salesforce ID match
  B. A match on the lookupKey value for the record

• Question 149:

  True or False: A Change Memo is used to request an approval to change terms, rate, amount, etc. AFTER the Loan has already been approved - but BEFORE the Loan has been closed/booked.

  A. True
  B. False
  A. True

• Question 150:

  True or False: A loan converts to a lead through the "Convert to nCino" button.

  A. True
  B. False
  B. False