2023 Latest 201-Commercial-Banking-Functional DUMPS Q&As with Explanations Verified & Correct Answers [Q54-Q71] : Top Exam Collection : http://blog.topexamcollection.com

NEW QUESTION 54
Which of the following is NOT an example of a Fee that should be tracked using the nCino Fee Management feature?

Appraisal

Attorney

Loan Origination

Credit Card Late Payment Charge

NEW QUESTION 55
Where can the Interest Accrual Method be changed?

Product Line

Manage Rates Tab

Product Type

Index

NEW QUESTION 56
The nCino UI provides the users with all of the following, except:

An intuitive layout that reduces learning curve in adapting to and using the layout effectively

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)

A 1-to-1 replacement of native Salesforce Ul functionality

Consistent experience across devices

NEW QUESTION 57
True or False? A Loan converts to a lead through the “Convert to nCino” button.

True

False

NEW QUESTION 58
Which nCino feature is required to be utilized when setting up multi-tiered loan structure?

Credit Memo

Rate Structure

Product Package

Spreads

NEW QUESTION 59
True or False? Workbench can be used to query salesforce records that are otherwise difficult to report on.

True

False

NEW QUESTION 60
What controls where Loans appear in Non-Pending Facilities and Pending Facilities on Product Package?

Product State Config

Stage

Status

Custom Settings

All of the Above

NEW QUESTION 61
True or False? A Change Memo is used to request an approval to change terms, rate, amount, etc. AFTER the Loan has already been approved – but BEFORE the Loan has been closed/booked.

True

False

NEW QUESTION 62
What is the name of the junction object that typically ties Loans and Deposits to Relationships?

Entity Engagement

Collateral Management

Entity Involvement

Connection Plus

NEW QUESTION 63
What icon represents a Relationship record in nCino?

Money Bag

Small Green Man

Coin

Folder

NEW QUESTION 64
What Collateral MGMT Placeholders are generated in Loan Docman when Collateral is pledged?

Those flagged with “Import Me” checkbox

All Placeholders

5 Oldest Placeholders

Only Approved Documents

Those marked as in file

NEW QUESTION 65
True or False? Once a loan has been put into the approval process, the record will be locked until an action is taken.

True

False

NEW QUESTION 66
For a user to generate a record below the Main on the loan record in nCino, which button are you required to add to the page layout?

Credit Memo

Sharing

Manage Customer Portal

New Limit/Sub/Takedown

NEW QUESTION 67
True or False: The Process Overview enables nCino users to have a comprehensive view of all Relationships in the system.

True

False

NEW QUESTION 68
Which section of your homepage can be configured to show the reports you choose to have displayed?

Dashboard

Contacts

Calendar

My Tasks

NEW QUESTION 69
After you begin Spreading, what is the first step a user must complete before adding income statements?

Export the bundle

Set Fiscal Year End

Check the Common Sizing box

Select number of months in a period

NEW QUESTION 70
Which child object of a Covenant Management record can have multiple records? (Select 2).

Covenant Type

Covenant Compliance

Account Covenant

Loan Covenant

NEW QUESTION 71
True or False: A Limit or Sub Limit adds additional exposure to the overall hierarchy.

True

False