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Salesforce Financial Services Cloud Accredited Professional Sample Questions:

1. Lake Tahoe Bank, an existing Salesforce customer, is planning to implement Financial Services Cloud. Their Salesforce Admin is considering whether to use a new Salesforce org or upgrade the existing org. Which three of the considerations below indicate that a new Salesforce org is the better choice9

A) Existing business capabilities and processes can be redesigned to deliver a higher business impact
B) Data migration is a big concern The current org has a large amount of data and the Bank wants to minimize data migration efforts.
C) The current implementation is using a product-centric view and the bank wants to move to a customer- centric view.
D) The bank has limited redesign opportunities for business capabilities.
E) The bank wants to use this project as an opportunity toretire customization

2. Permission setlicenses incrementally entitle users to access features that are not included in their user licenses.
Which three Permission Set Licenses give users access to Financial Services Cloud features?

A) FSC Insurance
B) Action Plans
C) Lightning Scheduler Resource
D) Mortgage
E) Financial Services Cloud Standard

3. A financial services company needs to capture a new type of referral that has different required fields than what is currently configured inthe org.
Which three steps should the administrator take to configure Financial Services Cloud correctly based on the scenario?

A) Create a new referral record type mapper record.
B) Update the lead page layout.
C) Create a custom Referral object.
D) Assign the record type to users.
E) Create a new record type Referral' on the Lead object.

4. A wealthy client owns aboutique shoe store called Smith's Shoes. Their financial advisor would like to add this relationship to the Financial Services Cloud (FSC) to track the complete picture of relationships related to the wealthy client's household.
Which three options should the Financial Services Cloud consultant use when mapping this relationship in FSC?

A) Account Account Relationship object
B) Account object - Businessrecord type
C) Account object - Household record type
D) Account Contact Relationship object
E) Contact object

5. A financial servicescompany must add details to the default business hours record. For company-wide holidays, the company wants the option to skip non-work days in Action Plan when setting task completion dates.
What should the administrator configure to meet the requirement?

A) Omit the day's start and end time fields when the administrator wants to indicate a non- working day.
B) Select Recurring Holidays as Action Plans and consider recurring holidays when determining the non- work days to skip.
C) Configure the day withoutbusiness hours, it is considered a non-work day, even if the day is a recurring holiday.
D) Add non-work days to the date offset when calculating the task completion date is automatic; no setup is required.

Solutions: