Helpful Financial Services Cloud Exam Dumps - Best Practice For Salesforce Financial Services Cloud Exam

Helpful Financial Services Cloud Exam Dumps – Best Practice For Salesforce Financial Services Cloud Exam

Eleanor2024-10-14T15:21:25+00:00

By Eleanor Accredited Professional Certification, Salesforce

You know, the Salesforce Financial Services Cloud is an integrated platform that is designed to drive stronger client relationships that last generations. Helpful Financial Services Cloud exam dumps from ITPrepare have the high-coverage exam questions to be your best practice for Salesforce Financial Services Cloud (FSC) Accredited Professional (AP) exam. You can easily prepare well for the SalesforceFinancial Services Cloud exam with valid exam dumps and pass this Salesforce Financial Services Cloud (FSC) Accredited Professional (AP) exam with ease.

Free Salesforce Financial Services Cloud Demo Dumps Below

Page 1 of 4

1. What should be considered when configuring the lead conversion process? (2 answers)

Standard lead fields are automatically converted into account, contact and opportunity fields

Custom Lead fields can be mapped to custom object fields

Roll-up Summary Lead Fields can be mapped to custom contact fields

Custom Lead fields can be mapped to account, contact and opportunity fields

2. Not all life events or business milestones apply to every customer. To create a better customer experience, you can hide the life events or business milestones a customer hasn't achieved or is unlikely to achieve in the future.

Which of the following statements are correct?

When you hide a life event or business milestone type, it doesn't appear on the component until you add an event or milestone of that type.

The option to hide life event types or business milestone types is not available in the Communities version of the Life Events or Business Milestones component.

It is possible to hide Sensitive Life Event or Business Milestone Types in the Insurance Agent Portal.

Life Events can not be displayed on the Household level of the Account Record.

3. What is the maximum number of fields that can be displayed on the ARC Record Card?

4. A marketing user needs to create a new campaign, but the New Button is NOT visible from the campaign home page. The system administrator has verified that the user has the "Create" profile permission for the campaign object.

How should the system administrator resolve the issue?

Select the Marketing User checkbox in the user record.

Select the "Manage Campaigns" profile permission.

Grant the user "Read" profile permission for the campaign.

Add the New button to the page layout using the page layout ________

5. Which of these statements is true for the Person Accounts Model? (2 correct answers)

The Person Account record type can be used when a client is a business or an institution.

The Person Account model uses the standard Account object to hold all of the details about a person. The Account object has been extended with custom fields, record types, and more.

Person Accounts can not be related to cases, tasks, or calls.

The Person Account represents all aspects of the person. Data includes personhood details, such as birth date or tax ID number, and dealings with your organization, such as review frequency or service tier

6. Universal Containers currently assigns its users from the facilities and IT teams to the same profile. Universal container recently created a custom object to track company cars and wants only users from the facilities team to have access to this new object.

How can an administrator meet this requirement?

Modify the standard profile currently shared by both teams

Configure field-level security on the new object for the facilities team.

Assign the facilities team to a new role in the role hierarchy.

Create a custom profile for users on the facilities team

7. When can a validation rule be used to prevent invalid data? (3 answers)

When records are edited by a user

When records are deleted by a user

When records are submitted using web-to-lead

When records are imported

When records are updated by a workflow rule

8. Where can the multilingual solution search feature be enabled? (2 answers)

Public knowledge base

Solution tab search

Self-service portal

Salesforce content

9. What is included in an FSC license?

Lightning Scheduler

Action Plans

Einstein Analytics for Financial Services

FSC for Community

10. How can a system administrator restrict users from viewing certain fields in list views, searches, page layouts and reports?

Set the field to hidden on the user role

Remove the field from page layouts

Set the field to hidden using field-level security

Remove the field from reports and list views

Page 2 of 4

11. Which one of the following statements is not correct about Action Plans?

Enhance collaboration and productivity by automatically assigning task owners and deadlines for specific client engagement, such as account openings, loan approvals, and claims processing.

Capture repeatable tasks in templates and then automate the task sequences with an action plan.

Automatically schedule the next appointment with the Advisor

Manage customer engagements consistently and collaboratively with automated and compliant task orchestration.

12. An opportunity record created with a close date of July 30, meets the criteria of time - dependent workflow rule. The time dependent action is scheduled for July 23.

What happens if the opportunity is edited before July 23 and no longer meets the criteria?

The time dependent action is automatically removed from the queue

The time dependent action is put on hold

The time dependent action will execute on July 30.

The time dependent action will execute on July 23

13. A feature that captures, refers, routes, and prioritizes customer needs across business lines

Expressed Interest

Report

Referrals

Opportunity

14. Which accounts are automatically synchronized on Salesforce classic

Accounts that the users own

All recently accessed accounts

Accounts selected with the sync button

Any account created in the last 30 days

15. Universal containers set the organization-wide defaults for cases to private. When a case is escalated, case ownership changes to Tier 2 support agent.

How can a system administrator give the sales operation team read/write access to all escalated cases?

Create a case escalation rule.

Create a case assignment rule.

Create a criteria-based sharing rule.

Create an ownership-based sharing rule.

16. What type of customization can be done on Activities? (Tasks and Events) (3 answers)

Workflow Rules

Custom Fields

Field Tracking

Assignment Rules

Validation Rules

17. Which information can you find under the Relationships Tab? - (Check the 3 that apply)

Summary information about Total Financial Accounts. This includes total assets under management at your firm, the Category (i.e. Platinum.), client interactions, including the last interaction and the next interaction scheduled in the future.

Primary household Information, including the members of the household and how the household is related to other groups.

Related accounts - accounts not directly included in the primary household.

Related contacts that play a role in the financial world of the client (i.e a family lawyer)

18. Universal Containers wants to create a custom object to capture account survey data. Users must be able to select an account from the survey record. Users also need the ability to view related surveys on the account record.

How should the system administrator meet this requirement? (2 answers)

Create a lookup relationship field on the account object.

Add the account related list to the survey page layout.

Create a lookup relationship field on the survey object.

Add the survey related list to the account page layout.

19. Which statement about the products and price books is true? (2 answers)

A product can have a different list price in different price books

A standard and list price for product can be listed in multiple currencies

Products without a price are automatically added to the standard price book

Price Books that contain assets cannot contain products.

20. What option is available when scheduling a dashboard refresh? (2 answers)

Define refresh times for specific dashboard components

View and remove a scheduled dashboard refresh

Schedule the dashboard to refresh in different time zones

Send a refresh notification to users with access to the dashboard.

Page 3 of 4

21. Where do you enable Enable Multiple Relationship Groups?

Lighting Page Editor

Custom Settings

Object Settings

22. What can be transferred from one user to another user during mass transfer of account records? (3 answers)

Closed activities

Open cases

Closed cases

Open activities

Related custom object records

23. Sam is the Salesforce Admin for Valley Bank. The bank's financial advisors are complaining they can't see an accurate summary of their client's financial data as clients often change households. Sam wants to give his financial advisors a better view of the client's complete financial situation.

How can he set this up using FSC?

Create a custom object to track the client's financial data

Use Process Builder to create a workflow to summarize data at the Person Account level

Set client's financial data to be rolled up using Primary Group feature

24. The Actionable Relationship Center can display which of the following relationships in the tree pane? Select 3 answers.

Account-Account Relationships

Any Related List for the selected object record

Up to 5 Related Lists for an Account Record

Account-Contact Relationships

Up to 5 Related Lists for a non-Account Record

25. What can be done with a workflow field update action? (2 answers)

Change the record type of a record

Update the value of a formula field

Apply a specific value to a field

Update the value of a field on a child object

26. Which of the following are FSC components that visualize groups and relationships in Lightning pages? (Check the 2 that apply)

Relationship Map and Group Builder

Related Accounts

Goal to Group Member Mapping

Person Life Events

27. A marketing user has received a file of leads to import.

What tool can be used to avoid duplicate leads?

Merge Leads function

Validation Rules

Data Loader

Import Wizard

28. Which of the following is NOT an area that Salesforce Financial Services Cloud serves?

Asset Management

Corporate & Institutional Banking

Legal Services

Lending Services

29. If two objects have a parent child relationship, how can a user access the child record from the parent record?

Lookup field

Related list

Custom link

Child field

30. Universal Containers uses Web-to-Case to convert support requests submitted through its website into cases. The support team would like Salesforce to automatically send an email containing password reset instructions to the customer when the case subject contains the words "forgot" and "password".

What does the administrator need to configure to meet this requirement?

Email-to-case

Auto-response rule

Validation rule

Support settings

Page 4 of 4

31. A time dependent action is placed in the work flow queue when the record is created.

When will the action be removed from the queue? (2 answers)

When the record no longer matches he rule criteria.

When the action is deleted from the workflow queue.

When a validation rule is triggered for the record

When another record triggers the same workflow rule

32. Which Financial Services object would you use to store Bank Accounts data?

Charges and Fees

Assets and Liabilities

Financial Account

Financial Holding

33. Which of the following would be considered a Junction Object in Salesforce?

A custom object that contains a lookup field to a standard object

Two standard objects that have lookup relationship with each other

A many-to-many relationship created with two master-detail relationship

A many-to-many relationship created with two lookup relationships

34. The VP of sales at universal containers requested that "Verbal Agreement" be added as a new opportunity stage. The Administrator added this new picklist value to the stage field, but found that the new value was not available to users.

What should the administrator do?

Ensure the limit of 10 stage values was not exceeded

Ensure the new value was marked as active

Add the new value to the appropriate record type

Add the new value to the appropriate sales process

35. Which of these statements is correct?

To give users access to the new action plans feature, you must add the Action Plans permission set to the user.

Lightning is not required to enable Action Plans

To assign the Action Plans permission set the user must have a Financial Services Cloud license.

Assigning the Action Plan permission set automatically assigns an Acton Plans permission set license to the user.

36. Which statement is true if a custom fiscal year is enabled? (2 answers)

The custom fiscal year automatically updates product schedules.

The custom fiscal year must be defined manually

The defined custom fiscal year only affects forecasts

The custom fiscal year setting CANNOT be disabled

37. Universal containers is using a private sharing model. The US sales director needs full access to all records of the US sales representatives.

How can this be accomplished?

Place the US sales director in a queue with the US sales representative's

Define a role hierarchy where the US sales representatives roll up to the US sales director

Give the US sales director read/write/edit/delete object permissions on the profile

Define a role hierarchy where the US sales director rolls up to the CEO

38. What feature allows a user to group campaigns within a specific marketing program or initiative?

Campaign members

Campaign lists

Campaign Hierarchy

Campaign influence

39. How can you set up Referral creation?

As a global action

As a standard action

On a Community

As a Flow

40. When importing data, what happens if some records do NOT met the data validation criteria?

Import process ignores the data validation criteria

Import process aborts when it encounters the first invalid record

Import process fails only for the records with invalid data.

Import process requires user authorization to import the invalid records

Helpful Financial Services Cloud Exam Dumps – Best Practice For Salesforce Financial Services Cloud Exam

Helpful Financial Services Cloud Exam Dumps – Best Practice For Salesforce Financial Services Cloud Exam

Free Salesforce Financial Services Cloud Demo Dumps Below

Share this post

Author

Related Posts