Free 201 COMMERCIAL BANKING FUNCTIONAL Exam Braindumps
SalesforcenCino 201 Commercial Banking Functional Exam Questions 46–50 (page: 11)

Updated On: 10-Feb-2026

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



True or False? Once the entire Loan term is defined, the payment structure data from the first payment stream is pushed back to the loan object and saved. This overwrites existing data on the loan object.

  1. True
  2. False

Answer(s): A



Which nCino feature is required to be utilized when setting up multi-tiered loan structure?

  1. Credit Memo
  2. Rate Structure
  3. Product Package
  4. Spreads

Answer(s): C



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