Salesforce FINANCIAL-SERVICES-CLOUD Online Practice Questions and Exam Preparation

Salesforce FINANCIAL-SERVICES-CLOUD Online Questions & Answers

• Question 1:

  How should developers configure customized nodes for display in ARC?

  A. Select Use LWC from the node Display tab to show the node in a Lightning Web Component
  B. Reference the Lightning WebComponent in the Display properties of the custom ARC relationship graph
  C. Select Use FlexCard from the node Display tab to show the node in a FlexCard
  D. Reference the FlexCard in the Display properties of the custom ARC relationship graph
  B. Reference the Lightning WebComponent in the Display properties of the custom ARC relationship graph

• Question 2:

  Lake Tahoe Bank would like to capture their commercial customers in FSC. A commercial customer can be owned by multiple groups. How can Lake Tahoe Bank SF Admin configure FSC to capture and display commercial customer and its parent company ? (3 correct answers)

  A. Add the Business record type to the Group record type mapper
  B. Capture the majority owner as parent account using Account hierarchy
  C. LeverageGroups to capture the majority owner and Account hierarchy to capture minority owner
  D. Enable Relationship Group Hierarchy in Custom Metadata
  E. Link multiple owners to the business entity as a Group
  A. Add the Business record type to the Group record type mapper
  C. LeverageGroups to capture the majority owner and Account hierarchy to capture minority owner
  E. Link multiple owners to the business entity as a Group

• Question 3:

  A financial services company would like its users to be able to relate two business accounts. Whatshould the administrator configure to meet the requirement?

  A. Create a new Contact Reciprocal Role for the required value.
  B. Update the Role picklist on the Account-Account Relationship object with new value.
  C. Create a new Account Reciprocal Role for the required value.
  D. Update the Role picklist on the Account-(?ontact Relationship object with new value.
  B. Update the Role picklist on the Account-Account Relationship object with new value.

• Question 4:

  Which three types of Account-Account relationships are displayed in the Actionable Relationship Center?

  A. Accounts and Businesses
  B. Accounts and Members
  C. Accounts and Peers
  D. Accounts and Groups
  A. Accounts and Businesses
  C. Accounts and Peers
  D. Accounts and Groups

• Question 5:

  During the design phase of a project, a consultant needs to provide a Financial Services Cloud (FSC) solution for a business requirement that forces a customer to answer a number of assessment questions to complete the onboarding process.

  What are three things to consider regarding Discovery Framework?

  A. Discovery Framework creates highly capable forms with integrations and advanced logic.
  B. Discovery Framework forms cannot be deployed to Communities,
  C. Discovery Framework is built based on Salesforce Flow.
  D. Discovery Framework can create both standard and hierarchical questions.
  E. FSC Discovery Framework allows archiving questions.
  A. Discovery Framework creates highly capable forms with integrations and advanced logic.
  D. Discovery Framework can create both standard and hierarchical questions.
  E. FSC Discovery Framework allows archiving questions.

• Question 6:

  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.
  C. Configure the day withoutbusiness hours, it is considered a non-work day, even if the day is a recurring holiday.

• Question 7:

  An administrator is logged into Data Loader with their own credentials to insert new Business Account records into their Salesforce environment. They forget to specify the Account Owner field in the import file. Assumingthere are no other issues, what should happen when the administrator uploads the import file?

  A. The import will succeed, and the Account Owner field will be left blank.
  B. The import will succeed, and the administrator will be prompted to select a user.
  C. The import will fail, since all records in Salesforce must have an owner.
  D. The import will succeed, and the administrator will be named as the default Account Owner.
  D. The import will succeed, and the administrator will be named as the default Account Owner.

• Question 8:

  Which three of these statements are true for Rollup By Lookup (RBL) in Financial Services Cloud?

  A. An RBL (Rollup By Lookup) rule displays summary calculations of financial account information, such as account balances.
  B. Person Accounts need to be enabled in order to use the Rollup by Lookup functionality.
  C. The Rollup By Lookup (RBL) configuration updates the corresponding RBL summaries at the diem and group levels
  D. Salesforce does not recommend or provide support for creation or customization of Financial Services Cloud RBL rules
  E. RBL rules do not require a lot of processing power.
  A. An RBL (Rollup By Lookup) rule displays summary calculations of financial account information, such as account balances.
  C. The Rollup By Lookup (RBL) configuration updates the corresponding RBL summaries at the diem and group levels
  D. Salesforce does not recommend or provide support for creation or customization of Financial Services Cloud RBL rules

• Question 9:

  During a project's design phase, a consultant must provide a Financial Services Cloud solution that can support Compliant Data Sharing (CDS). What are three things the consultant should consider regarding CDS?

  A. Participant Roles provide another way to grant data access without overwriting sharing behavior from existing sharing features.
  B. Compliance managers and Salesforce administrators can enable CDS for Account and Opportunity objects.
  C. Role Hierarchy—based sharing is disabled by default in CDS.
  D. In a standard Salesforce org, Role Hierarchy for Account and Opportunity objects is enabled by default and can't be turned off.
  A. Participant Roles provide another way to grant data access without overwriting sharing behavior from existing sharing features.
  B. Compliance managers and Salesforce administrators can enable CDS for Account and Opportunity objects.
  C. Role Hierarchy—based sharing is disabled by default in CDS.

• Question 10:

  Omni Script represents processes with fast, personalized, and consistent responses. This type extends the metadatatype and inherits its full name field. To use the Omni Script metadata type, what should the administrator enable in the Salesforce org?

  A. Discovery Framework
  B. Lightning Experience for Financial Services Cloud
  C. Custom Domain
  D. Einstein Relationship Insights
  C. Custom Domain