201-COMMERCIAL-BANKING-FUNCTIONAL Online Practice Questions and Answers

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

A. True

B. False

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

A. True

B. False

True or False: It is NOT important to have a corresponding customer request/permission before attempting to data load.

A. True

B. False

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

True or False: The Process Overview enables nCino users to have a comprehensive view of all Relationships in the system.

A. True B. False

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

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

A. Collateral Type-> Type/Subtype

B. Loan to Value

C. Collateral Pledge

D. Address

E. Collateral History

True of False: In order to override a risk grade computed value, you must add comments in order for it to be saved.

A. True

B. False

True or False: You can access your dashboards using the Salesforce1 mobile app.

A. False

B. True

After you begin Spreading, what is the first step a user must complete before adding income statements?

A. Export the bundle

B. Set Fiscal Year End

C. Check the Common Sizing box

D. Select number of months in a period