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

Salesforce FINANCIAL-SERVICES-CLOUD Online Questions & Answers

• Question 31:

  The Salesforce Administrator for Lake Tahoe Bank is receiving a report that a members FinancialAccount Balances are not adding up to the Financial Summary field in the related Household. Which two steps should the admin take to troubleshoot the issue?

  A. Ensure the Primary Group flag in the Account record is checked.
  B. EnsureRollUpByLookup Configuration is Active
  C. Ensure a RollUpByLookup batch job is scheduled to run every 15 mins.
  D. Ensure that the member is the Primary Member in that Household
  E. Ensure the reported Household is the Primary Group for the member
  B. EnsureRollUpByLookup Configuration is Active
  E. Ensure the reported Household is the Primary Group for the member

• Question 32:

  Financial Services Cloud (FSC) contains a number of custom objects to model a client's financial information, and each object can be configured to appear as tabs in your org. For example, if a consultant wanted to create a financial goal for a customer, they could use the Financial Goal object in FSC.

  What are three objects in FSC?

  A. Billing
  B. Financial Holding
  C. Financial Goal
  D. Inheritance
  E. Revenue
  B. Financial Holding
  C. Financial Goal
  E. Revenue

• Question 33:

  A financial services company needs a custom field for reporting when relating two-person accounts to each other. Which object should the Financial Services Cloud consultant configure the custom field on?

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

• Question 34:

  Which setting in Action Plans helps to avoid non working hours, company holidays, and other non working days for deadline calculation?

  A. Sync with Company Calendar
  B. Skip Non-Work Days for Deadlines
  C. Skip Non-Work Days For Tasks
  D. Skip Non-Work Days for Action Plans
  B. Skip Non-Work Days for Deadlines

• Question 35:

  What are two language-related limitations of Financial Services Cloud?

  A. Predefined reciprocal roles are available only in English.
  B. Custom component labels are supported only in English.
  C. Referral record type labels are supported only in English.
  D. Flows are available only in English.
  A. Predefined reciprocal roles are available only in English.
  C. Referral record type labels are supported only in English.

• Question 36:

  Which statement is true regarding an approval process? (2 answers)

  A. A delegated approver can reassign approval requests
  B. An approval action defines the result of record approval or rejection
  C. An assignment rule defines the approver for each process step
  D. The approval history related list can be used to track the process
  B. An approval action defines the result of record approval or rejection
  D. The approval history related list can be used to track the process

• Question 37:

  You are getting started with a Financial Services Cloud org. What's a reason why you cannot see the Lightning components and any pre-configured sample data after you set up "My Domain"?

  A. Contact Salesforce to enable "My Domain"
  B. Confirm that you click "Deploy to Users" to permanently deploy the custom domain to users
  C. You need to switch to Salesforce Classic
  D. It is working as designed. You need to configure Financial Services Cloud to create new Lightning components and sample data.
  B. Confirm that you click "Deploy to Users" to permanently deploy the custom domain to users

• Question 38:

  Cumulus Insurance has a franchise business model with a large number of franchisees who operate independently but report to regional managers who are Cumulus employees. The company would like the franchise owners and their employees to have access to the Cumulus Salesforce Financial Services Cloud (FSC) instance. The company plans to use the Role Hierarchy and sharing rules to implement this. What should the architect at Cumulus Insurance be aware of for this solution?

  A. Franchise users will need to switch their browsers to a platform that supports Lightning Web Components.
  B. Salesforce FSC only allows 1,024 public groups.
  C. The administrator can define up to 300 total sharing rules for each object.
  D. Franchise users canhave multiple roles in the hierarchy.
  C. The administrator can define up to 300 total sharing rules for each object.

• Question 39:

  Lake Tahoe Bank is implementingFinancial Services Cloud. The bank's new business processes require that Financial Advisors can add individuals to more than one Group or Household using Multiple Relationship Groups. Where do Admins enable Multiple Relationship Groups?

  A. Object Settings
  B. Custom Settings
  C. Lightning Page Editor
  D. Profiles
  B. Custom Settings

• Question 40:

  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?

  A. Ensure the limit of 10 stage values was not exceeded
  B. Ensure the new value was marked as active
  C. Add the new value to the appropriate record type
  D. Add the new value to the appropriate sales process
  D. Add the new value to the appropriate sales process