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nCino 201 Commercial Banking Functional 201 Commercial Banking Functional Dumps in PDF

Free nCino 201 Commercial Banking Functional Real Questions (page: 9)

201 Commercial Banking Functional PDF — 45 Questions

True or False? When Creating a New Risk Grade Template you should Always use the Create New Risk Grade Template Button.

  1. True
  2. False

Answer(s): A



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

  1. Appraisal
  2. Attorney
  3. Loan Origination
  4. Credit Card Late Payment Charge

Answer(s): D



Which of the following are true about the LLC_BI Fee c object? (Choose 2)

  1. It has a Master Detail Relationship up to the Loan object.
  2. It has a Lookup Relationship up to the Loan object.
  3. One Fee record is used to store all the Fees for a Loan.
  4. Every Fee on a loan has a separate unique record to represent that Fee.

Answer(s): B,D



True or False? The nCino Fees Feature can automatically calculate a fee as a fixed amount or a percentage of some other amount.

  1. True
  2. False

Answer(s): B



A "Standard Fee" is defined as: (Choose 3)

  1. A fee that can be queued up automatically to be added to a specific loan product
  2. A fee that can be queued up automatically to be added when a loan hits a specific stage
  3. Any fee that a Financial Institution might add to a loan
  4. A fee that can be queued up automatically with a preset amount
  5. A fee that exists as an option in the "Fee Type" Picklist on the Fee Object

Answer(s): A,B,D



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