NMLS MLO Q&A - in .pdf

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  • Exam Code: MLO
  • Exam Name: Mortgage Loan Origination (SAFE MLO) Exam
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  • Exam Code: MLO
  • Exam Name: Mortgage Loan Origination (SAFE MLO) Exam
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NMLS MLO Q&A - Testing Engine

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NEW QUESTION: 1
Northern Trail Outfitters (NTO) requires credit checks for all opportunities greater than $50,000. The credit management team members are all salesforce users. What should a consultant recommend to notify the credit manager that an opportunity needs a credit check?
A. Use an Apex trigger to create a task for the credit manager user.
B. Use a validation rule to send an email to the credit manager role.
C. Use workflow to assign a task to the credit manager user.
D. Use workflow to send an email to the credit manager profile.
Answer: C

NEW QUESTION: 2
The Receipts Pending Application region in the Receivables Dashboard provides
Information about which two Items?
A. Amount
B. Control Amount
C. Batch type
D. Receipt Date
E. Receipt Status
Answer: A,D
Explanation:
Note:
* What is the total open receivables amount?
This is the amount per currency of the amount in the Total Transaction Due Amount column less the amount in the Receipts Pending Application Amount column. This amount provides the current receivables position of a customer account.

NEW QUESTION: 3

A. Option D
B. Option B
C. Option A
D. Option C
Answer: B

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