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Salesforce nCino 201 Commercial Banking Functional Sample Questions:

1. Once the Covenant Compliance record is set to Compliant status, the Next Evaluation Date on the parent Covenant automatically moves forward based on the frequency set on the parent Covenant. This is accomplished via workflow rules and can be customized.
Which of the following is necessary for a sync with records coming from the Core?

A) A match on the Relationship Social Security Number or Tax ID
B) A match on the lookupKey value for the record
C) A Salesforce ID match
D) A match on the name of the record

2. You can create a new task off of which of the following objects?

A) All of the above
B) Loan Modification
C) Risk Rating
D) Change Memo
E) Covenant

3. Any financial documents for your borrower should be saved in the __________.

A) Overview
B) Loan Document Manager
C) Relationship Document Manager
D) Connections

4. True or False? An Admin will Visit the ManageRates Visualforce Page to adjust the rate for a given index.

A) False
B) True

5. Covenant Compliance records are generated until:

A) All associated Loans are in the Booked Stage
B) the Status is changed
C) A user deactivates the Covenant Management record
D) All Associated Loans are in the Complete Stage

Solutions: