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Salesforce nCino 201 Commercial Banking Functional Sample Questions:

1. Connections is used to join what 2 type of records.

A) Reports to Dashboards
B) Loans with other Loans
C) Relationships to Loans
D) Relationships with other Relationships

2. True or False: Collateral Type is optional.

A) False
B) True

3. A loan with loan number 12345 is renewed. This creates a new Loan record with Loan number 12345R-1.
When Loan 12345R-1 books the stage is updated to the 'booked' stage.
What happens to the original loan's loan number when the 12345R-1 books?

A) _ORG is appended to the original loan's loan number
B) The original loan is deleted
C) All appendages are removed from the original loan's loan number
D) R-2 is appended to the original loan's loan number

4. For a user to add a 'Non-Standard' Fee to a loan:

A) The Fee must exist as an option in the 'Fee Type' picklist on the Fee Object
B) They need a special custom object to track Non-Standard Fees
C) The Fee must exist as a record of the Template Object
D) They need access to a text field labeled 'other' to enter the fee type

5. True or False? You don't need a field set in order to Build the Layout for a Screen Section.

A) False
B) True

Solutions: