Salesforce 201 Commercial Banking Functional Exam Practice Test Instant Access

Question 1

Which child object of a Covenant Management record can have multiple records? (Select 2).

ACovenant Type

BCovenant Compliance

CAccount Covenant

DLoan Covenant

Answer : B, D

Question 2

True or False? When you log a call, you are also given the ability to create a follow-up task on the same page, if needed.

ATrue

BFalse

Answer : A

Question 3

What data points related to Collateral MGMT is recommended to be used when starting Collateral Docman Smart Checklists?

ACollateral Type-> Type/Subtype

BLoan to Value

CCollateral Pledge

DAddress

ECollateral History

Answer : A

Question 4

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?

ARoute

BRoute Group

CGroup

DScreen Section

Answer : B

Question 5

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

AEntity Engagement

BCollateral Management

CEntity Involvement

DConnection Plus

Answer : C

Question 6

True or False? During Approval Process, the Stage field on Product Package and Loan are what controls the syncing for Approval.

ATrue

BFalse

Answer : B

Question 7

The Financial Indicator Value is determined by:

AThe value specified by the user

BThe Covenant Type

CThe Loan Covenant

DThe Covenant Compliance

Answer : A

Salesforce 201 Commercial Banking Functional Salesforce nCino 201 Commercial Banking Functional Exam Practice Test