Free 201-COMMERCIAL-BANKING-FUNCTIONAL Exam Braindumps (page: 15)

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A loan with loan number 12345 is renewed. This creates a new Loan record with Loan number 12345R-1. When Loan 12345R-1 books the stage is updated to the 'booked' stage.
What happens to the original loan's loan number when the 12345R-1 books?

  1. R-2 is appended to the original loan's loan number
  2. _ORG is appended to the original loan's loan number
  3. All appendages are removed from the original loan's loan number
  4. The original loan is deleted

Answer(s): B



A loan with loan number 12345 is renewed. This creates a new Loan record with Loan number 12345R-1. When Loan 12345R-1 books the stage is updated to the 'booked' stage.
What happens to the 12345R-1 loan's loan number when the 12345R-1 loan books?

  1. The loan is deleted
  2. Loan 12345R-1 updates to 12345R-2
  3. The R-1 appendage on loan 12345R-1 is removed
  4. The loan number for loan 12345R-1 is updated to 12345_ORG

Answer(s): C



True or False? When curating data in an excel sheet, Leading zeros are sometimes hidden.

  1. True
  2. False

Answer(s): A



True or False? It is NOT important to have a corresponding customer request/permission before attempting to data load.

  1. True
  2. False

Answer(s): B



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