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

Salesforce FINANCIAL-SERVICES-CLOUD Online Questions & Answers

• Question 181:

  Cumulus Insurance's business processes are quite complex, and steps in the process may vary depending on the information captured.

  Which three actions regarding functionality and features should a consultant suggest exploring to help guide Cumulus Insurance users through these processes?

  A. Build custom Lightning pages that correspond to each stage of the business process.
  B. Configure Dynamic Actions for Lightning pages.
  C. Enable In-App Guidance to provide walk-throughs.
  D. Use flows to remove the neea for complex Lightning pages.
  E. Configure Dynamic Lightning pages.
  B. Configure Dynamic Actions for Lightning pages.
  C. Enable In-App Guidance to provide walk-throughs.
  D. Use flows to remove the neea for complex Lightning pages.

• Question 182:

  What capability included in the Financial Services Cloud license can assist bankers in focusing on the most promising referrals?

  A. Referral Approval Processes
  B. Intelligent Need-Based Referrals and Scoring
  C. Einstein Referral Scoring for Financial Services Cloud
  D. Referral Routing Rules
  B. Intelligent Need-Based Referrals and Scoring

• Question 183:

  An investment banker is looking to take detailed meeting notes and share them easily with his colleagues while specifying confidentiality and meeting attendees. Which Financial Services Cloud feature should a consultant recommend in this scenario?

  A. Notes
  B. Events
  C. Engagement Interaction
  D. Interaction Summary
  D. Interaction Summary

• Question 184:

  Universal Containers needs to synchronize data between sales force and an external financial system. How can a system administrator accomplish this?

  A. Use an external ID field to match records between systems
  B. Use the excel connector to export records from both systems
  C. Use the data loader to match records between the systems
  D. Use the data loader to upsert Salesforce records into the financial system
  A. Use an external ID field to match records between systems

• Question 185:

  Which step is required to give a group of users access to a Financial Deal?

  A. Change organization-wide defaults (OWD) sharing on the Financial Deal object to Public Read/Write.
  B. Create a Financial Deal permission set and assign it to the users that should have access to Financial Deals.
  C. Share a financial deal record with a group by adding them as participants to the record from the Financial Deal Participants related list,
  D. Update Industries Settings to give users access to the Financial Dew object.
  C. Share a financial deal record with a group by adding them as participants to the record from the Financial Deal Participants related list,

• Question 186:

  Which three types of preassembled flows can be utilized from the Financial Services Cloud (FSC) packages and the Lightning Flow for FSC package?

  A. Institutional Banking flow
  B. Mortgage flow
  C. Insurance flow
  D. Retail Banking flows
  E. Commercial Banking flow
  B. Mortgage flow
  C. Insurance flow
  D. Retail Banking flows

• Question 187:

  Which 3 out of the box capabilities come with Financial Services Cloud Lead and Referral Management?

  A. Referral Conversion
  B. Assigning a Referral
  C. Round Robin Referral Routing
  D. Accepting a Referral
  E. Referral Automated Approvals
  A. Referral Conversion
  B. Assigning a Referral
  D. Accepting a Referral

• Question 188:

  Our Personal Banker Hank Burton wants to encourage his customers to provide required documents for a loan application. He creates Document Checklist Items that help his customers to manage file uploads to speed up loan approval. For which of the following records does Salesforce support Document Checklist Items out of the box? (Choose Three)

  A. Contact
  B. Lead
  C. Account
  D. Residential Loan Application
  E. Opportunity
  C. Account
  D. Residential Loan Application
  E. Opportunity

• Question 189:

  A bankingclient currently manages its onboarding process manually with paper forms. To optimize the process, the client wants to digitize and automate as much as possible. The bank wants its clients to manage the forms in a portal and leverage e-signatures for processing.

  Which three steps are needed to document this requirement following the discovery session?

  A. Document the business process flows.
  B. Design the solution using the Financial Services Cloud components.
  C. Create a visual flow diagram.
  D. Understandthe journey!for the multiple personas involved in the process.
  E. Determine the best e-sigTiature solution to use.
  A. Document the business process flows.
  D. Understandthe journey!for the multiple personas involved in the process.
  E. Determine the best e-sigTiature solution to use.

• Question 190:

  A wealth management division manages the financial assets of many wealthy clients.

  Which three steps should the Financial Services Cloud consultant take to offer ahigh level of customization to boost user productivity?

  A. Create a new type of person account so trust group details roll down to the beneficiaries level.
  B. Create a Custom Field Set solely for the Wealth Managers without affecting the Investment Bankers.
  C. Assign the Custom Field Set to the Financial Summary component.
  D. Create and assign the Cuslhm Field Set permission set to all users.
  E. Assign the Custom Field Set To a Lightning component.
  B. Create a Custom Field Set solely for the Wealth Managers without affecting the Investment Bankers.
  C. Assign the Custom Field Set to the Financial Summary component.
  E. Assign the Custom Field Set To a Lightning component.