201-Commercial-Banking-Functional Practice Exam Questions with Answers SalesforcenCino 201 Commercial Banking Functional Exam Certification

True or False? The packaged Setup of nCino UI will have Risk Rating already configured.

The following are the Related Lists (also called "hovers" or "quick links") that store any CRM activities for the relationship that have been closed/completed.

What objects are standard supported for Document Manager?

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

When copying/cloning Collateral Management records in nCino, which field allows an end-user to include associated sub collateral records?

The Financial Indicator Value is determined by:

True or False? The Process Overview enables nCino users to have a comprehensive view of all Relationships in the system.

The Process Overview provides a visual representation of the number of Loans categorized by which of the following?

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.

In nCino, which designation in the default structure hierarchy captures the record of principal advance?

True or False: Collateral Type is optional.

Which fields must be filled out when converting a Lead to a Loan?

ncDataGrid can access field sets from what Objects?

True of False? Individual Relationship records also have Contact records linked to them - and on the Contact record is where the customer's CIP information is stored.

True or False: A Loan that is processed through nCino will typically go through multiple approval processes.

Covenant Compliance records are generated until:

Which SOQL Query would return the fields: Name, Billing address (street,city,state,zip) and phone number of all Relationships (Account) with the billing state of North Carolina with no syntax errors?

True or False? When Creating a New Route you should always click the New Button.

When configuring Credit Memo, which section resource should be used to display information from a child object to the Loan?

When using nCino Forms Generation, where are the templates stored so that a user can access to edit?

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.

What is the name of the junction object that typically ties Loans and Deposits to Relationships?

True or False? When Creating a New Risk Grade Template you should Always use the Create New Risk Grade Template Button.

What field on relationship is recommended to be used when starting Relationship Docman Smart Checklists?

True or False: The roles used in loan team member alerts configuration are the standard Salesforce roles.

From the default structure hierarchy in nCino, which options can have one or many options below them in the hierarchy? (Choose three)

What Icon represents a Loan record in nCino?

True or False: List views should be created for each Stage on the Loan Object.

When configuring a form template from the Loan object and attempting to capture the values for fields on a related object, how must the start of the query be configured to "call-out" to that other object?

When using Spreads, what is the most likely reason an end user is unable to select the Show operations checkbox?

Which of the following functions are available with the Schedule an Event feature?

Which nCino feature is required to be utilized when setting up multi-tiered loan structure?

What needs to be configured in order to have access to the 'Edit Field set' button in the UI.

Which of the following ways can a Loan be created in nCino (Select 2)

What objects are standard supported for Document Manager?

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

You can create a new task off of which of the following objects?

What Collateral MGMT Placeholders are generated in Loan Docman when Collateral is pledged?

When configuring the form template, which of the following items are nCino's recommended best practices?

True or False? It is NOT important to have a corresponding customer request/permission before attempting to data load.

True or False: When Creating a New Route you should always click the New Button.

In Custom Settings, what is the name of the System Property that when configured will impact how exposure is calculated in nCino?

Which items must be created in order to configure a team key? (Select Two)

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

The nCino solution is compatible with Salesforce Lightning user experience.