May, 2024 201-Commercial-Banking-Functional Practice Questions

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Sample Question 1

True or False: The roles used in loan team member alerts configuration are the standard Salesforce roles. 

A. True 
B. False 

Show Answer

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Sample Question 2

Covenant Compliance records are generated until:

 A. the Status is changed 
B. A user deactivates the Covenant Management record 
C. All associated Loans are in the Booked Stage 
D. All Associated Loans are in the Complete Stage 

Show Answer

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Sample Question 3

Covenant Compliance records are created "X" days prior to the "Next Evaluation Date" based on? 

A. The number of days specified by the user
 B. The Covenant type 
C. The frequency 
D. The status 

Show Answer

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