Question 1

Which one of the following is NOT a tab available on your Homepage toolbar?

Options :

A : Loans

B : Summary

C : Overview

D : Reports

Answer: B

Question 2

True or False? An Admin will Visit the ManageRates Visualforce Page to adjust the rate for a given index.

Options :

A : True

B : False

Answer: B

Question 3

Which of the following are true about the LLC_BI__Fee__c object? (Choose 2)

Options :

A : It has a Master Detail Relationship up to the Loan object.

B : It has a Lookup Relationship up to the Loan object.

C : One Fee record is used to store all the Fees for a Loan.

D : Every Fee on a loan has a separate unique record to represent that Fee.

Answer: B,D

Question 4

True or False: When creating a New Risk Grade Template you should Always use the Create New Risk Grade Template Button

Options :

A : True

B : False

Answer: A

Question 5

___________ is used to notate the reasons for denial of the Loan - and after approval, this record is stored on the Loan page for future reference.

Options :

A : Decline Loan Reasons

B : Reasons for Denial

C : Covenant Compliance

D : Adverse Action

Answer: D

Free 201-Commercial-Banking-Functional Mock Exam – Practice Online Confidently