201 Commercial Banking Functional

201 Commercial Banking Functional practice questions, page 2 of 2, with answer review and explanations.

Question 6

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

  1. That has recently been saved
  2. That has been entered but not yet saved
  3. That is incorrect value for the field type it is entered in
  4. That is used in a formula field elsewhere in the system

Question 7

The nCino UI provides the users with all of the following, except:

  1. An intuitive layout that reduces learning curve in adapting to and using the layout effectively
  2. A Streamlined navigation and presentation of data by keeping all relevant information in one view pane (you are only presented with the information you need to know)
  3. A 1-to-1 replacement of native Salesforce UI functionality
  4. Consistent experience across devices

Question 8

Financial institutions can use the default calculations nCino packages (Direct LTV & Indirect LTV), create their own calculations, or use a mixture of both default and custom.

  1. True
  2. False

Question 9

Which of the following is NOT a default Exposure Type in the nCino Solution?

  1. Direct
  2. Contingent Debt
  3. Indirect
  4. Affiliated