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Salesforce 201-Commercial-Banking-Functional Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Trade Finance | - Guarantees - International trade finance goods and services - Export financing - Letters of credit |
| Topic 2: Cash Management Services | - Cash management services provided to commercial clients |
| Topic 3: Commercial Lending | - Risk assessment - Credit analysis - Loan types |
| Topic 4: Commercial Banking Fundamentals | - Relationship Officers - Account types and banking regulations - Commercial Banking Managers - Credit Analysts |
Salesforce nCino 201 Commercial Banking Functional Sample Questions:
Question 1
When using Spreads, what is the most likely reason an end user is unable to select the Show operations checkbox?
A. They are not an administrator
B. Spreads was configured incorrectly
C. Field level security is too high
D. Missing Underwriting Permission Set
Question 2
Which of the following are true about the LLC_BI__Fee__c object? (Choose 2)
A. It has a Master Detail Relationship up to the Loan object.
B. It has a Lookup Relationship up to the Loan object.
C. Every Fee on a loan has a separate unique record to represent that Fee.
D. One Fee record is used to store all the Fees for a Loan.
Question 3
When converting a lead, what is NOT created?
A. Loan
B. Business Relationship
C. Memo
D. Individual Relationship
Question 4
To access the Default Rate Indices one would navigate via Setup>Develop>Custom Settings>Manage records next to Index
A. False
B. True
Question 5
True or False: A Loan that is processed through nCino will typically go through multiple approval processes.
A. False
B. True
Solutions:
| Question 1 Answer: D | Question 2 Answer: B,C | Question 3 Answer: C | Question 4 Answer: A | Question 5 Answer: B |
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