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Salesforce nCino 201 Commercial Banking Functional Sample Questions:

1. 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) True
B) False

2. True or False? A Limit or a Sub Limit adds additional exposure to the overall hierarchy.

A) True
B) False

3. The following are the Related Lists (also called "hovers" or "quick links") that store any CRM activities for the relationship that have been closed/completed.

A) Activity History
B) Open Activities
C) Contacts
D) Connections

4. In Custom Settings, what is the name of the System Property that when configured will impact how exposure is calculated in nCino?

A) Exposure Exclusion
B) Hierarchy
C) CTI Guarantor
D) Pricing.RateStructure.Fixed

5. A "Standard Fee" is defined as: (Choose 3)

A) A fee that can be queued up automatically to be added when a loan hits a specific stage
B) A fee that can be queued up automatically with a preset amount
C) A fee that can be queued up automatically to be added to a specific loan product
D) Any fee that a Financial Institution might add to a loan
E) A fee that exists as an option in the "Fee Type" Picklist on the Fee Object

Solutions: