Free 201-COMMERCIAL-BANKING-FUNCTIONAL Exam Braindumps (page: 12)

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Where can the Interest Accrual Method be changed?

  1. Product Line
  2. Manage Rates Tab
  3. Product Type
  4. Index

Answer(s): A



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

  1. True
  2. False

Answer(s): B



Which Selection is NOT a Modification Frequency Value that can be set per index?

  1. Adjusted Yearly
  2. Adjusted as needed
  3. Adjusted Daily
  4. Adjusted Hourly

Answer(s): C



Which loan field is Not required to be filled out to initially create a Rate and Payment Stream?

  1. Loan Amount
  2. First Payment Date
  3. Amortized Terms (Months)
  4. Index
  5. Loan Term (Months)

Answer(s): D



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Shweta commented on January 29, 2024
Good questions
UNITED STATES
upvote