Updated Aug-2022 Exam Materials for You to Prepare & Pass 201-Commercial-Banking-Functional Exam [Q31-Q53]

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Updated Aug-2022 Exam Materials for You to Prepare & Pass 201-Commercial-Banking-Functional Exam.

Pass Your 201-Commercial-Banking-Functional Exam at the First Try with 100% Real Exam

NEW QUESTION 31
Where should an end user begin spreading from?

  • A. Credit Memo Summary Page
  • B. Primary Contact
  • C. Loan
  • D. Relationship

Answer: C

 

NEW QUESTION 32
In the nCino UI, bold contents contained within a field denotes data:

  • A. That is used in a formula field elsewhere in the system
  • B. That has been entered but not yet saved
  • C. That is incorrect value for the field type it is entered in
  • D. That has recently been saved

Answer: C

 

NEW QUESTION 33
From the default structure hierarchy in nCino, which options can have one or many options below them in the hierarchy? (Choose three)

  • A. Sub Limit
  • B. Main
  • C. Current Takedown
  • D. Limit

Answer: A,B,D

 

NEW QUESTION 34
Which loan field is Not required to be filled out to initially create a Rate and Payment Stream?

  • A. First Payment Date
  • B. Loan Term (Months)
  • C. Index
  • D. Loan Amount
  • E. Amortized Terms (Months)

Answer: C

 

NEW QUESTION 35
ncDataGrid can access field sets from what Objects?

  • A. The Source Object the UI is on
  • B. a visualforce page
  • C. A related Object to the Object the UI is on
  • D. A related - related Object to the Object the UI is on

Answer: A

 

NEW QUESTION 36
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. False
  • B. True

Answer: B

 

NEW QUESTION 37
Nodes in the Overview Tab can be directed to which of the following?

  • A. A specific List View or a specific Dashboard
  • B. The Loan Object or the the Report Object
  • C. The Loan Object or the Dashboard Object
  • D. A specific List View or a specific Report

Answer: D

 

NEW QUESTION 38
What field on relationship is recommended to be used when starting Relationship Docman Smart Checklists?

  • A. Industry
  • B. Type
  • C. Name
  • D. LookupKey

Answer: B

 

NEW QUESTION 39
When configuring Loan Team Member alerts, what workflow action is utilized?

  • A. Email alert
  • B. Create task
  • C. Outbound message
  • D. Field update

Answer: A

 

NEW QUESTION 40
To access the Default Rate Indices one would navigate via Setup>Develop>Custom Settings>Manage records next to Index

  • A. False
  • B. True

Answer: A

 

NEW QUESTION 41
True of False? Risk rating can include both qualitative and quantitative values.

  • A. False
  • B. True

Answer: B

 

NEW QUESTION 42
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. The loan number for loan 12345R-1 is updated to 12345_ORG
  • B. The R-1 appendage on loan 12345R-1 is removed
  • C. Loan 12345R-1 updates to 12345R-2
  • D. The loan is deleted

Answer: B

 

NEW QUESTION 43
True or False? Collateral Placeholders can be imported into Loan Documan.

  • A. False
  • B. True

Answer: B

 

NEW QUESTION 44
What Collateral MGMT Placeholders are generated in Loan Docman when Collateral is pledged?

  • A. All Placeholders
  • B. Those flagged with "Import Me" checkbox
  • C. 5 Oldest Placeholders
  • D. Those marked as in file
  • E. Only Approved Documents

Answer: E

 

NEW QUESTION 45
What is configured that determines the approval process a record will go through?

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

Answer: D

 

NEW QUESTION 46
Which Risk Grade Factor Type would you use for a number based selection?

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

Answer: D

 

NEW QUESTION 47
True or False: A Loan that is processed through nCino will typically go through multiple approval processes.

  • A. False
  • B. True

Answer: B

 

NEW QUESTION 48
True or False? Risk Grade Groups can be associated with Multiple Risk Grade Templates.

  • A. False
  • B. True

Answer: B

 

NEW QUESTION 49
What method of organization should be used to create the Loan Document Manager Smart Checklists?

  • A. Start with random documents, no one way is easier
  • B. Use Loan Amount and Product Line only
  • C. Start with least common documents with broad criteria, work your way down to smaller groups
  • D. Start with most common documents with broad criteria, work your way down to smaller groups with more granular criteria

Answer: D

 

NEW QUESTION 50
What objects are standard supported for Document Manager?

  • A. Treasury Services
  • B. All of the Above
  • C. Loan
  • D. Collateral
  • E. Product Package
  • F. Relationship
  • G. Deposits

Answer: B

 

NEW QUESTION 51
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.

  • A. False
  • B. True

Answer: B

 

NEW QUESTION 52
True or False: The packaged Setup of nCino UI will have Risk Rating already configured.

  • A. False
  • B. True

Answer: B

 

NEW QUESTION 53
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