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

Salesforce FINANCIAL-SERVICES-CLOUD Online Questions & Answers

• Question 111:

  What user interface setting must be enabled for users to edit records in a list view? (2 answers)

  A. Enhanced lists
  B. Enhanced page layout editor
  C. Inline editing
  D. Enhanced profile list views
  A. Enhanced lists
  C. Inline editing

• Question 112:

  A financial institution has custom security and visibility rules where certain users need to see specific records even though they are not typically engaged in that Account. This includes legal and compliance members who must be engaged for particular deals.

  Which Financial Services Cloud capability provides the ability to accommodate this request?

  A. Compliant Data Sharing
  B. Custom Sharing籖ules
  C. Business Rules Engine
  D. Interaction Summaries
  A. Compliant Data Sharing

• Question 113:

  What should an administrator consider when configuring workflow rules? (2 answers)

  A. Rules can be evaluated when records are created or edited
  B. Rules must be deactivated before using an import wizard
  C. All existing records are evaluated when a new rule is activated
  D. Rule actions can take place immediately or on a specific date
  A. Rules can be evaluated when records are created or edited
  D. Rule actions can take place immediately or on a specific date

• Question 114:

  An insurance company needs to ensure the record rollups aggregate information from related records for several objects in the Financial Services Cloud at a client orgroup level. What should the administrator configure to meet the requirement?

  A. To show all Primary Group member cases on a related list at the group level, the administrator should add Cases as a picklist value to the Rollup__c field on Account Contact Relationship.
  B. Client-level records are aggregated by setting up client-level rollups to all primary group members.
  C. When the administrator enables record rollups at the group level, all corresponding records are stamped with the Primary Group in the Rallup_c lookup field
  D. To show all Primary Group member opportunities on a related list at the group level, the administrator should add Opportunities as a picklist value to the Household__c field on Account Contact Relationship.
  C. When the administrator enables record rollups at the group level, all corresponding records are stamped with the Primary Group in the Rallup_c lookup field

• Question 115:

  What is the purpose of the AppExchange? (2 answers)

  A. Administrators can download and customize pre-built dashboards and reports
  B. Customers can share and install apps published by Salesforce partners
  C. Support users can install the Salesforce Console for Service customers
  D. Partners can download accounts and contacts to collaborate on sales deals
  A. Administrators can download and customize pre-built dashboards and reports
  B. Customers can share and install apps published by Salesforce partners

• Question 116:

  Which three standard fields are available to track a customer's retirement gial progress?

  A. Contributions
  B. Actual value
  C. Total Value
  D. Target value
  E. Target Date
  B. Actual value
  D. Target value
  E. Target Date

• Question 117:

  While working for an insurance client implementing Financial Services Cloud, an API integration between Salesforce and a risk control system has been configured. The consultant is asked to ensure the correct profiles and permissions were set up for this connection. Which two steps should the consultant take?

  A. Update the System Administrator profile to include the API Only User.
  B. Create a dedicated Integration User.
  C. Assign the integration user to the System Administrator profile.
  D. Create a new customprofile and ensure API Only is selected.
  B. Create a dedicated Integration User.
  D. Create a new customprofile and ensure API Only is selected.

• Question 118:

  Lake Tahoe Bank wants to onboard a client digitally and without asking the client for information that the bank already has on file. The process has multiple steps and can have branching (conditional) logic that asks for different informationdepending on the responses. Which Salesforce feature should be used for this digital onboarding process?

  A. Aclion Plans
  B. Financial Goals
  C. Actionable Relationship Center
  D. Flows
  D. Flows

• Question 119:

  A wealth management firm is looking to start tracking its clients' hobbies for marketing purposes in Salesforce. Which Financial Services Cloud feature is most suitable for this?

  A. Interest Tags
  B. Alerts
  C. Topics
  D. Engagement Topics
  A. Interest Tags

• Question 120:

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