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

Salesforce FINANCIAL-SERVICES-CLOUD Online Questions & Answers

• Question 171:

  Which of the following statements are correct when creating Financial Goals?

  A. Users can only create savings oriented goals.
  B. Users require the Financial Goals permission set to works with Financial Goals
  C. Users can associate a goal with a specific Financial Account.
  D. Users can create goals for paying down debt
  D. Users can create goals for paying down debt

• Question 172:

  Cumulus Cloud Bank must provide its customer service staff with real-time access to customeraccounts, including the ability to view current transactions and balances. As a result, the bank expects a high volume of concurrent users at peak times.

  Which option is most suitable?

  A. Use the Data Consumption Framework to connect to the bank'smiddleware.
  B. Use Salesforce Connect with External Objects to expose tables from the bank's core systems, and use custom Lightning web components to surfatKthem in the Salesforce Lightning Ul.
  C. Use Salesforce ConnecHvith External Objects to expose tables from the bank's core systems, and use the standard user interface (Ul) components to surface the records in Salesforce Lightning Ul.
  D. Embed custom Lightning web components on the Account and Financial Account pages, and use custom Apex to make calloutsto the core system services.
  D. Embed custom Lightning web components on the Account and Financial Account pages, and use custom Apex to make calloutsto the core system services.

• Question 173:

  Personal Banker Hank Burton is questioning hisReferral Score shown in Salesforce Financial Services Cloud. When is the Referral Score updated?

  A. The Referral Score updated when a referral is convened to an Opportunity or closed.
  B. The Referral Score updated when a lead is created using the referralrecord type.
  C. The Referral Score updated when a referral is assigned from the queue to a user.
  D. The Referral Score updated when an opportunity associated with the Referral is Closed Won
  D. The Referral Score updated when an opportunity associated with the Referral is Closed Won

• Question 174:

  An insurance company wants to create a car insurance quote process for its website. The process should include the following functionality:

  1.

  The user has to enter contact and address information.

  2.

  The user has to enter the driver's age and the car model and year.

  3.

  The process should calculate an insurance quote based on the data the customer provided and save the offer to the client's record. Which three OmniStudio tools should the consultant use to design a solution that meets these requirements?

  A. OmniScripts
  B. Integration Procedures
  C. FlexCards
  D. APEX Code
  E. Business Rules Engine
  A. OmniScripts
  B. Integration Procedures
  E. Business Rules Engine

• Question 175:

  A financial services company needs a custom field for reporting when relating two business accounts to each other. Which object should the administrator configure the custom field on?

  A. Contact-Contact Relationship
  B. Account
  C. Account Account Relationship
  D. Account Contact\Relationship
  C. Account Account Relationship

• Question 176:

  A client has called their Financial Advisor to open an Education Savings Account for their first child. What 2 steps should the Financial Advisor take in the Financial Services Cloud App to capture that information?

  A. Create a Life Event for the birth of the child and a Referral for the Education Savings Account
  B. Create a case and include the target Savings amount for the Education Savings Account and relate the case to the child's Person Account.
  C. Create a Referral for the Banker for an Education Savings Account
  D. Create a Life Event for the birth of the child and a Financial Goal for the Education Savings Account
  E. Create two Life Events, one for the birth of the child and one for the Education Savings Account.
  A. Create a Life Event for the birth of the child and a Referral for the Education Savings Account
  D. Create a Life Event for the birth of the child and a Financial Goal for the Education Savings Account

• Question 177:

  A user profile has login hour restrictions set to Monday through Friday 8am to 5pm. It is Tuesday and it is now 5.01 PM. Which behavior of the application should the user expect?

  A. The user will be logged out and any unsaved work-in-progress will be lost
  B. The user will be logged out and any unsaved work-in-progress will be saved
  C. The user will be able to continue working and start new sessions
  D. The user will be able to continue working, but will be unable to start any new sessions
  D. The user will be able to continue working, but will be unable to start any new sessions

• Question 178:

  Which 3 options does the Financial Services Cloud application offer to view and update Account-Account. Account-Contact, and Contact-Contact Relationships?

  A. Actionable Relationship Center
  B. Family Members Component
  C. Relationship Map
  D. Group Members Component
  E. Life Events Component
  A. Actionable Relationship Center
  C. Relationship Map
  D. Group Members Component

• Question 179:

  A commercial loan due diligence process is handled by multiple individuals at Lake Tahoe Bank. Lake Tahoe Bank wants an easy way for managers to distribute the work, to understand the % completion of the due diligence process per client and report on the performance of the department to show possible bottlenecks. What FSC feature can Lake Tahoe Bank use to track this process?

  A. Workflow Rules/Process Builder
  B. Action Plans
  C. Apex Tnggers on the task object
  D. Flows
  B. Action Plans

• Question 180:

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