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

Salesforce FINANCIAL-SERVICES-CLOUD Online Questions & Answers

• Question 61:

  What item appears in a user's My Unresolved items after synchronization (2 answers)

  A. Contacts not assigned to an account
  B. Cases not assigned to a contact
  C. Note not associated to a record
  D. Emails not associated to a record
  A. Contacts not assigned to an account
  B. Cases not assigned to a contact

• Question 62:

  Which three record type options should an advisor configure for a Lead object configuration?

  A. Referral
  B. Opportunity
  C. General
  D. Adjustments
  E. Retirement Planning
  A. Referral
  C. General
  E. Retirement Planning

• Question 63:

  Cumulus Bank's mortgage department is currently using spreadsheets to gather client data for mortgage applications. The bank is interested in improving the efficiency of this process. Which two features shoulda consultant suggest to Cumulus Bank to implement?

  A. The standard mortgage flow templates to build a mortgage flow in Financial Services Cloud
  B. Flow Builder to automate these business processes
  C. A Mortgage Application' custom object to hold thecollected client data
  D. Data Import Wizard to upload the data collected in spreadsheets
  A. The standard mortgage flow templates to build a mortgage flow in Financial Services Cloud
  B. Flow Builder to automate these business processes

• Question 64:

  What is a key step in identifying different business processes and outlining encompassing system flows based on the existing environment when setting up Salesforce Financial Services Cloud (FSC)?

  A. Creating a new Salesforce instance from scratch for the customer
  B. Importing the customer's existing data into Salesforce FSC without any modifications
  C. Implementing a generic, one-size-fits-all solution for all customers
  D. Conducting a gap analysis between the customer's current processes and SalesforceFSC capabilities
  D. Conducting a gap analysis between the customer's current processes and SalesforceFSC capabilities

• Question 65:

  A new custom object has been created, and the records of this object will be created throughintegration with another system What should a consultant do to ensure the data is loading into the correct fields in Financial Services Cloud?

  A. Create a junction object between the external system and the new customer object where the data will reside
  B. Ensure custom metadata is configured and each custom metadata record details where the data will be sent
  C. Use a CSV file with the data created and use Data Loader to map to the correct field
  D. Utilize a field mapping file with the external system (allocation and the corresponding field in Salesforce
  D. Utilize a field mapping file with the external system (allocation and the corresponding field in Salesforce

• Question 66:

  Cumulus Bank has branches in multiple countries that are required to report in local currency, while the corporate headquarters office wishes to see reports in a single currency (the corporate currency). Which solution should a consultant recommend to meet these requirements?

  A. Set the default currency for head office and have the regions download their reports to Excel and convert them manually.
  B. Use a third party from AppExchange add-on to implement currency conversions.
  C. Enable multiple currencies and advanced currency management, and set a corporate currency for the corporate headquarters office.
  D. Allowusers to set their preferred currency in their profile and design reports that convert currencies for the user running the report.
  C. Enable multiple currencies and advanced currency management, and set a corporate currency for the corporate headquarters office.

• Question 67:

  The Salesforce Admin at Lake Tahoe Bank considering implementing Financial Services Cloud. What is thebest way for the Admin to access a Financial Services pre-configured org, including data and the right licenses, to learn about the product?

  A. Request a 30-day Financial Services Cloud trial org
  B. Request a Salesforce developer org.
  C. Purchase one license of Financial Services Cloud and install it in a production org.
  D. Spin up a Salesforce sandbox org.
  A. Request a 30-day Financial Services Cloud trial org

• Question 68:

  A Financial Services Cloud (FSC) administrator wants to create a new FSC permission set that includes the Access Interest Tags for Financial Services Cloud permission.

  Which two permission sets should be cloned to create this new permission set and give access to interest tags?

  A. FSC Foundations permission set
  B. FSC Extension permission set
  C. FSC Standard permission set
  D. FSC Basic permission set
  A. FSC Foundations permission set
  B. FSC Extension permission set

• Question 69:

  When creating a Custom Summary Formula in a Report, what are the four valid Summary Types which you can select? (4 answers)

  A. Average
  B. Previous
  C. Total
  D. Min
  E. Max
  F. Sum
  A. Average
  D. Min
  E. Max
  F. Sum

• Question 70:

  Universal Containers wants to automatically back up all the Salesforce data on a monthly basis. Which tool can a system administrator use to meet this requirement?

  A. Data export service
  B. Analytic snapshot
  C. Import wizard
  D. Scheduled report.
  A. Data export service