Pass the Salesforce nCino Certification 201-Commercial-Banking-Functional Questions and answers with CertsForce

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Questions # 1:

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

Options:

A.

True


B.

False


Expert Solution
Questions # 2:

An Advance Rate override will impact which record?

Options:

A.

Collateral Type


B.

Collateral Pledged


C.

Collateral Management


D.

All of the Above


Expert Solution
Questions # 3:

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?

Options:

A.

Route


B.

Route Group


C.

Group


D.

Screen Section


Expert Solution
Questions # 4:

Select the options that best summarize what a Product Package is. (Choose all that apply)

Options:

A.

Aggregation of Loans and ancillary data (Fees, Collateral, etc.)


B.

Bulk Actions to Loans (Modify/Renew, Submit for Approval, Review)


C.

Manage Relationship Statistics


D.

Unified Credit Memo and Forms Gen


Expert Solution
Questions # 5:

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.

Options:

A.

Contacts


B.

Activity History


C.

Connections


D.

Open Activities


Expert Solution
Questions # 6:

When are notifications sent out after a loan is approved or rejected?

Options:

A.

Weekly


B.

Daily


C.

Monthly


D.

Automatically


Expert Solution
Questions # 7:

What method of organization should be used to create the Loan Document Manager Smart Checklists?

Options:

A.

Start with least common documents with broad criteria, work your way down to smaller groups


B.

Start with most common documents with broad criteria, work your way down to smaller groups with more granular criteria


C.

Start with random documents, no one way is easier


D.

Use Loan Amount and Product Line only


Expert Solution
Questions # 8:

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

Options:

A.

Create an All Day Event


B.

Create a Recurring Event


C.

Create a time block on your calendar for the event


D.

All of the above


Expert Solution
Questions # 9:

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

Options:

A.

Loan Alerts


B.

Team Alerts


C.

Team Member Alerts


D.

Notification Alert


Expert Solution
Questions # 10:

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

Options:

A.

The number of days specified by the user


B.

The Covenant type


C.

The frequency


D.

The status


Expert Solution
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