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

• Question 141:

  Which of the following is NOT an example of a Fee that should be tracked using the nCino Fee Management feature?

  A. Appraisal

  B. Attorney

  C. Loan Origination

  D. Credit Card Late Payment Charge

  Correct Answer: D

• Question 142:

  For a user to add a 'Non-Standard' Fee to a loan:

  A. The Fee must exist as an option in the 'Fee Type' picklist on the Fee Object

  B. They need access to a text field labeled 'other' to enter the fee type

  C. They need a special custom object to track Non-Standard Fees

  D. The Fee must exist as a record of the Template Object

  Correct Answer: A

• Question 143:

  What tab should be navigated to for Docman Configuration?

  A. nCino Administration

  B. DM Administration

  C. Docman Configuration Tool Suite

  D. Home

  E. Reports

  Correct Answer: A

• Question 144:

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

  A. Loans

  B. Summary

  C. Overview

  D. Reports

  Correct Answer: B

• Question 145:

  The Customer Information (CIP information - i.e. date of birth, drivers license) for an Individual Relationship is stored here.

  A. Leads

  B. Connections

  C. Contacts

  D. Overview

  Correct Answer: C

• Question 146:

  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

  Correct Answer: A

• Question 147:

  True or False: A Limit or Sub Limit adds additional exposure to the overall hierarchy.

  A. True

  B. False

  Correct Answer: B

• Question 148:

  True or False: Document Manager requires permission sets in order for users to upload documents.

  A. True

  B. False

  Correct Answer: A

• 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

  Correct Answer: A

• Question 150:

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

  A. True

  B. False

  Correct Answer: A