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Exam Code: Salesforce-nCino-201 Salesforce nCino 201 Commercial Banking Functional student June 2023 by Killexams.com team
Salesforce nCino 201 Commercial Banking Functional
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Question: 45
True or False? A Limit or a Sub Limit adds additional exposure to the overall hierarchy.
A. True
B. False
Answer: B
Question: 46
True or False: A Limit or Sub Limit adds additional exposure to the overall hierarchy.
A. True
B. False
Answer: B
Question: 47
When configuring Credit Memo, which section resource should be used to display information from a child object to
the Loan?
A. SObjectScreenResource
B. ConfiguredSObjectScreenResource
C. MappedSObjectHierarchyScreenResource
D. MappedSObjectScreenResource
Answer: C
Question: 48
True or False: The roles used in loan team member alerts configuration are the standard Salesforce roles.
A. True
B. False
Answer: B
Question: 49
True or False? When you log a call, you are also given the ability to create a follow-up task on the same page, if
needed.
A. True
B. False
Answer: A
Question: 50
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.
A. True
B. False
Answer: A
Question: 51
True or False: An approval process can fire email alerts to a group of users.
A. True
B. False
Answer: A
Question: 52
The Decline Loan button is at the top of the ______ page.
A. Lead
B. Contact
C. Loan
D. Relationship
Answer: D
Question: 53
True or False? A Change Memo is used to request an approval to change terms, rate, amount, etc. AFTER the Loan
has already been approved but BEFORE the Loan has been closed/booked.
A. True
B. False
Answer: A
Question: 54
True or False: Appending tool- OR action- to the beginning of an App Name on the Route object will make the
Route display in the Magic Wand.
A. True
B. False
Answer: A
Question: 55
Which child object of a Covenant Management record can have multiple records? (Select 2).
A. Covenant Type
B. Covenant Compliance
C. Account Covenant
D. Loan Covenant
Answer: B,D
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Salesforce Salesforce student - BingNews https://killexams.com/pass4sure/exam-detail/Salesforce-nCino-201 Search results Salesforce Salesforce student - BingNews https://killexams.com/pass4sure/exam-detail/Salesforce-nCino-201 https://killexams.com/exam_list/Salesforce Salesforce raises guidance but sees pressure as customers back away from big consulting deals

Salesforce CEO Marc Benioff attends the TIME100 Gala at Jazz at Lincoln Center in New York on April 26, 2023.

Dimitrios Kambouris | Getty Images

Salesforce reported an earnings and revenue beat and lifted its full-year earnings guidance, but the stock dropped as much as 7% in extended trading as capital costs were higher than analysts expected.

Here's how the company did:

  • Earnings: $1.69 per share, adjusted, vs. $1.61 per share as expected by analysts, according to Refinitiv.
  • Revenue: $8.25 billion, vs. $8.18 billion as expected by analysts, according to Refinitiv.

Capital expenditures in the quarter totaled $243 million, up about 36% and above the $205 million consensus among analysts polled by StreetAccount.

Concerns about costs overshadowed the company's 11% increase in revenue for the quarter that ended on April 30. Net income totaled $199 million, or 20 cents per share, up from $28 million, or 3 cents per share, in the year-earlier quarter.

For the fiscal second quarter, Salesforce expects earnings of $1.89 to $1.90 per share on an adjusted basis and revenue of $8.51 billion to $8.53 billion. Analysts surveyed by Refinitiv had expected $1.70 in adjusted earnings per share and $8.49 billion in revenue.

Salesforce raised its earnings forecast for the 2024 fiscal year but left its revenue forecast intact. It's now calling for $7.41 to $7.43 in adjusted earnings per share on $34.5 billion to $34.7 billion in revenue. In March, Salesforce's projected adjusted earnings of $7.12 to $7.14 per share. Analysts polled by Refinitiv had been looking for adjusted earnings of $7.14 per share and fiscal-year revenue of $34.65 billion.

CEO Marc Benioff said in the statement that the company "significantly exceeded" its operating margin target for the quarter. Salesforce is now calling for an adjusted operating margin of 28% for the 2024 fiscal year, up 1 percentage point from the 27% forecast it gave in March.

But there are challenges facing Salesforce. Clients are still looking carefully at deals, which are taking longer to close than they were in the past, Chief Operating Officer Brian Millham said on a conference call with analysts. Now, the company is looking at how to automate the selling process on the low end of the market and make its salespeople more productive, he said.

During the quarter, "our professional-services business started to see less demand for multiyear transformations and in some cases, delayed projects as customers focus on quick wins and fast time-to-value," Millham said.

The company expects those issues to remain, said Amy Weaver, Salesforce's finance chief.

"One of the things that we are seeing right now is not only professional services as a whole seeing pressure, but more customers are choosing to contract on the time and materials basis," she said.

During the quarter, Salesforce announced Einstein GPT generative artificial intelligence technology designed to help salespeople, marketers and customer-service agents do their jobs more efficiently. Many other software makers have been embedding generative AI into their products since OpenAI's ChatGPT went viral after its November launch.

Also in the quarter, Elliott Investment Management said it would not move forward with its director nominations after the activist firm disclosed a Salesforce stake.

Prior to the drop after hours, Salesforce shares were up 67% so far this year, outperforming the S&P 500, which has edged up 9% in the same period.

WATCH: Slack's CEO Lidiane Jones on integrating generative A.I.

Slack's CEO Lidiane Jones on integrating generative A.I.

watch now

Wed, 31 May 2023 08:49:00 -0500 en text/html https://www.cnbc.com/2023/05/31/salesforce-crm-earnings-q1-earnings-report-2024.html
5 Skills Required To Become a Salesforce Developer

With the growing demand for Salesforce developers, more and more people are showing their interest in learning Salesforce. With its wide range of features and capabilities, Salesforce offers lucrative career opportunities for professionals looking to build successful careers as Salesforce developers.

However, to become a master in this field, it's important to hold a specific set of skills that will set you apart from the competition.

Here are the top five skills required to embark on a successful Salesforce development career:

  1. Salesforce Platform Knowledge:

It's essential to have a thorough understanding of the Salesforce platform before you start your career as a Salesforce developer. Learn about the key elements and features provided by each Salesforce product, such as Sales Cloud, Service Cloud, and Marketing Cloud. Learn about the objects, fields, workflows, and security models available in Salesforce. Also, recognize declarative development, which enables you to create applications without writing code, as well. A strong foundation in Salesforce platform knowledge will serve as the building block for your development expertise. Check out igmGuru’s Salesforce training to learn more about Salesforce.

2. Apex And Visualforce:

The programming language Apex was created expressly for customizing and expanding Salesforce. You need to get a solid grasp of Apex if you want to become a skilled Salesforce developer. Study the best practices for Apex development's syntax, data types, control structures, and other elements. Apex is essential for developing custom business logic and automation on the Salesforce platform. Learn Visualforce, a markup language used to create unique user experiences within Salesforce, in addition to Apex. Mastering Apex and Visualforce will empower you to create tailored solutions and enhance the functionality of Salesforce applications.

3. Lightning Component Framework:

Salesforce Lightning is a modern and dynamic framework that allows developers to build intuitive user interfaces. Lightning Components are reusable, modular units that can be combined to create seamless user experiences. As a Salesforce developer, it is essential to develop skills in building Lightning Components using the Aura framework and Lightning Web Components (LWC). Learn about the architecture, events, and data-binding mechanisms involved in Lightning Components. By mastering the Lightning Component Framework, you can craft visually appealing and highly interactive interfaces, elevating user satisfaction and productivity.

4. Integration and APIs:

Integration is a fundamental aspect of Salesforce development. Organizations often require Salesforce to communicate with external systems, such as payment gateways, ERP systems, or social media platforms. To meet these demands, you must possess a strong understanding of integration concepts and be proficient in working with APIs (Application Programming Interfaces). Familiarize yourself with REST and SOAP APIs, as well as authentication and authorization mechanisms. Additionally, explore integration tools like Salesforce Connect and Heroku that expand your capabilities further. With solid integration skills, you can seamlessly connect Salesforce with external systems, enabling data flow and system interoperability.

5. Problem-Solving and Analytical Thinking:

In addition to technical skills, Salesforce developers must excel in problem-solving and analytical thinking. As you work on projects, you will encounter complex business requirements and need to find creative and efficient solutions within the Salesforce platform's confines. Develop your ability to analyze problems, break them down into manageable components, and devise effective strategies to overcome them. Enhance your problem-solving skills by staying curious, seeking best practices, and actively engaging with the Salesforce developer community. By fostering your problem-solving and analytical thinking skills, you will tackle challenges with confidence and deliver innovative solutions.

Conclusion

Becoming a successful Salesforce developer requires a combination of technical expertise and soft skills. Acquiring Salesforce platform knowledge, mastering Apex and Visualforce, delving into the Lightning Component Framework, understanding integration and APIs, and nurturing problem-solving and analytical thinking abilities are essential for your development journey. Additionally, remember to stay updated with the latest Salesforce releases, certifications, and industry trends to stay at the forefront of the field. With determination, continuous learning, and a passion for Salesforce development, you can embark on a fulfilling and rewarding career as a Salesforce developer.

Author Bio

Ravikant loves pursuing excellence through writing and his dedication to technology clearly shows in any draft. He has published many articles in several technology magazines and websites. As a technical writer, he holds 8+ years of experience. He currently writes for igmGuru, a global ed-tech company that offers certification and training for diverse trending courses. He has covered many trending technologies like IoT, machine learning/artificial intelligence, data science with Python, cloud computing, business intelligence, IT, SAP, project management, and more.

Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times. Hindustan Times does not endorse/subscribe to the content(s) of the article/advertisement and/or view(s) expressed herein. Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the view(s), opinion(s), announcement(s), declaration(s), affirmation(s) etc., stated/featured in the same. 

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. download The Mint News App to get Daily Market Updates.
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Updated: 30 May 2023, 06:20 PM IST

Tue, 30 May 2023 01:12:00 -0500 en text/html https://www.livemint.com/brand-stories/5-skills-required-to-become-a-salesforce-developer-11685450878140.html
Salesforce stops reporting individual revenue figures for Slack and Tableau Salesforce CEO Marc Benioff speaks at CES in Las Vegas. (GeekWire Photo / Kevin Lisota) © Provided by Geekwire Salesforce CEO Marc Benioff speaks at CES in Las Vegas. (GeekWire Photo / Kevin Lisota)

Salesforce said it would no longer divulge the individual revenue numbers of acquired companies including Slack and Tableau in its quarterly earnings filings and instead focus on percentage changes.

Initial signs of the new reporting standard came Wednesday when the customer-relationship giant released earnings for the quarter ended April 30.

The change reflects a “standard approach for acquired companies at this stage,” a Salesforce spokesperson told GeekWire in an email Thursday.

In the past, Salesforce provided separate financial figures for Slack, MuleSoft, and Tableau in its regular financial reports. However, in the most accurate filings, the revenue from each company was consolidated under Salesforce’s professional services, subscription, and support revenue categories. The company also combines Tableau and MuleSoft revenue under the “data” category.

Salesforce this week presented financial results for its divisions and acquired companies as percentage increases in this chart for its first fiscal quarter. The company previously gave specific dollar amounts for Slack, Tableau, and MuleSoft revenue. (Salesforce Graphic) © Provided by Geekwire Salesforce this week presented financial results for its divisions and acquired companies as percentage increases in this chart for its first fiscal quarter. The company previously gave specific dollar amounts for Slack, Tableau, and MuleSoft revenue. (Salesforce Graphic)

Earlier this year, activist investors criticized Salesforce executives for the company’s string of pricey acquisitions. Salesforce bought Tableau for $15.7 billion, whereas Slack was acquired for $28 billion. The company disbanded the board’s M&A committee in March, in part to signal its effort to increase profitability.

Salesforce has conducted a number of cost-cutting measures in response to activist pressure and a broader market slowdown. The company announced in January a plan to lay off 10% of its employees.

In February, Fortune reported that Slack is ditching its headquarters and moving into Salesforce’s office tower in San Francisco. Salesforce confirmed last week that it would put Tableau’s headquarters building in Seattle on the sublease market. 

Fri, 02 Jun 2023 06:04:00 -0500 en-US text/html https://www.msn.com/en-us/money/companies/salesforce-stops-reporting-individual-revenue-figures-for-slack-and-tableau/ar-AA1c35Hd
$66M Salesforce donation meant to close educational gaps has only widened them

Tue, 23 May 2023 08:52:00 -0500 en text/html https://www.sfexaminer.com/news/education/66m-salesforce-donation-meant-to-close-educational-gaps-has-only-widened-them/article_88263dc8-f9a3-11ed-9a5d-afda61b12937.html
Stanford launches 'ecopreneur' program with funding from Benioff No result found, try new keyword!Lynne and Marc Benioff made a 'sizeable' donation to Stanford University for a new 'ecopreneurship' program. Here's what that will entail. Tue, 30 May 2023 23:40:00 -0500 text/html https://www.bizjournals.com/sanfrancisco/inno/stories/news/2023/05/31/stanford-university-ecopreneur-benioff-program.html Khammam: 15-day software training for girl students begins at SBIT

The training, which costs around Rs 25,000 per student, was being given free of cost, SBIT chairman Gundala Krishna said.

Published Date - 08:18 PM, Mon - 5 June 23

Khammam: A 15-days training on Salesforce platform and Microsoft Azure started at Swarna Bharathi Institute of Technology (SBIT) here on Monday.

Addressing the students the institute chairman Gundala Krishna informed that ICT Academy has organised the training programme in association with Cognizant Foundation as part of women’s empowerment initiative.

The training, which costs around Rs.25,000 per student, was being given free of cost. Women should excel in all the fields for the nation’s growth. It was planned to offer training programmes for students along with academics, he said.

College secretary and correspondent Dr. G Dhatri said training programmes for girl students were being organised to ensure that they excel in academics. She handed over training material to the participating students.

SBIT principal Dr. G Raj Kumar informed that students would be trained on Salesforce platform developer-1 certificate and Microsoft power business intelligence data analytics. ICT head Gopal said the training makes students industry ready.

The college chairman Krishna informed that Nehru Yuva Kendra and NSS jointly organising a Youth Festival on June 8 at SBIT with the competition theme ‘Panchaprani’. Painting, poem writing, elocution, folk and classical dance competitions would be conducted along with a photography workshop, he said.

Mon, 05 Jun 2023 02:49:00 -0500 en text/html https://telanganatoday.com/khammam-15-day-software-training-for-girl-students-begins-at-sbit
Best Salesforce plugins of 2023

The best Salesforce plugins make it simple and easy to manage and Improve productivity using the Salesforce sales software suite.

However, with over 3,000 Salesforce plugins available, it can be a daunting prospect trying to find the best of what you need.





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