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Salesforce nCino 201 Commercial Banking Functional Sample Questions:

1. True or False? Collateral Management records should be created for each loan they are associated with.

A) False
B) True

2. Which items must be created in order to configure a team key? (Select Two)

A) Role
B) Role
C) Email template
D) Email alert
E) Loan field
F) Email template

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

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

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

A) False
B) True

5. 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

Solutions: