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Salesforce 201-Commercial-Banking-Functional Exam Syllabus Topics:

Salesforce nCino 201 Commercial Banking Functional Sample Questions:

Question 1

What is configured that determines the approval process a record will go through?

A. Original Step
B. Entry Criteria
C. Final approval action
D. Beginning Process

Question 2

To use RLTV, financial institutions need to ensure they currently use which of the following features?

A. Enhanced Collateral Management
B. Total Exposure
C. Both Enhanced Collateral Management and Total Exposure
D. None ofthe above

Question 3

True or False? If you assign a task to someone, they will receive email notification letting them know that they have been assigned a new task.

A. False
B. True

Question 4

Which Risk Grade Factor Type would you use for a number based selection?

A. Template
B. Qualitative
C. Quantitative
D. Unit

Question 5

A loan with loan number 12345 is renewed. This creates a new Loan record with Loan number 12345R-1.
When Loan 12345R-1 books the stage is updated to the 'booked' stage.
What happens to the 12345R-1 loan's loan number when the 12345R-1 loan books?

A. Loan 12345R-1 updates to 12345R-2
B. The loan number for loan 12345R-1 is updated to 12345_ORG
C. The R-1 appendage on loan 12345R-1 is removed
D. The loan is deleted

Solutions: