Online Access Free 201-Commercial-Banking-Functional Exam Questions

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

• A.False
• B.True

What Icon represents a Loan record in nCino?

• A.Folder
• B.Coin
• C.Small Green Man
• D.Money Bag

True of False? Individual Relationship records also have Contact records linked to them - and on the Contact record is where the customer's CIP information is stored.

• A.False
• B.True

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.

• A.False
• B.True

True or False: A Loan that is processed through nCino will typically go through multiple approval processes.

• A.False
• B.True