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201-Commercial-Banking-Functional Exam Dumps - Salesforce nCino 201 Commercial Banking Functional Exam

Question # 4

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

A.

True

B.

False

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Question # 5

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

A.

True

B.

False

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Question # 6

Covenants are automatically marked active when:

A.

The loan is paid off

B.

30 days before the Next Evaluation Date

C.

The Loan is Booked

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Question # 7

The 'Decline Loan' button is at the top of the ______ page.

A.

Lead

B.

Contact

C.

Loan

D.

Relationship

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Question # 8

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

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Question # 9

How do I Modify/Renew a Loan from Product Package?

A.

Credit Actions button

B.

Navigate to loan and then modify/renew

C.

Manage Loan button

D.

Bulk Actions button

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Question # 10

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

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Question # 11

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

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Question # 12

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

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Question # 13

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

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Question # 14

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

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Question # 15

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

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Question # 16

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.

A.

Contacts

B.

Activity History

C.

Connections

D.

Open Activities

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Question # 17

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

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Question # 18

True or False: To access the Default Rate Indices one would navigate via Setup>Develop>Custom Settings>Manage records next to Index

A.

True

B.

False

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Question # 19

When renewing/modifying a loan, an appendage is added to the loan number. This is configured where?

A.

nCino Administration

B.

Custom Settings

C.

CFG_ConfigKeys

D.

CFG_ConfigValues

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Question # 20

Which Collateral Management feature enables the functionality of comparing the value of a piece of collateral to the value of all loans pledged to that particular piece of collateral?

A.

Collateral Coverage Ratio

B.

Collateral Pledged

C.

Complex Collateral

D.

Loan Ratio

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Question # 21

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

A.

Loan Status

B.

Loan Stage

C.

Loan Amount

D.

Loan Product

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Question # 22

The Financial Indicator Value is determined by:

A.

The value specified by the user

B.

The Covenant Type

C.

The Loan Covenant

D.

The Covenant Compliance

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Question # 23

True or False? Collateral Type is optional.

A.

True

B.

False

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Question # 24

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

A.

CTI Guarantor

B.

Pricing.RateStructure.Fixed

C.

Exposure Exclusion

D.

Hierarchy

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Question # 25

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

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