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Salesforce 201 Commercial Banking Functional Exam Questions

Certification Exams

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Number Of Questions: 169

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Exam Details

Exam Name:

SalesforcenCino 201 Commercial Banking Functional Exam

Exam Code:

201-Commercial-Banking-Functional

Total Questions in Exam:

169

Demo Questions

Q1. Covenants are automatically marked active when:

A.The loan is paid off

B. 30 days before the Next Evaluation Date

C. The Loan is Booked

Correct Answer: C

Q2. What controls where Loan appears in Non-Pending Facilities and Pending Facilities on Product Package?

A.Product State Config

B. Stage

C. Status

D. Custom Settings

Correct Answer: A, B, C, D

Q3. True or False: To access the Default Rate Indices one would navigate via Setup>Develop>Custom Settings>Manage records next to Index

A.ATrue

B. False

Correct Answer: B

Q4. True or False: When curating data in an excel sheet, leading zeros are sometimes hidden.

A.True

B. False

Correct Answer: A

Q5. True or False: New Covenant Management records are created when the "Next Evaluation Date" is met.

A.True

B. False

Correct Answer: B

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