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

Salesforce FINANCIAL-SERVICES-CLOUD Online Questions & Answers

• Question 81:

  Financial Advisors can create a financial goal to track a client's progress toward major purchases, retirement savings, or other life goals. Which statements are correct?

  A. You can only create savings-oriented goals.
  B. You can't create a goal for paying down a debt.
  C. You can associate a goal with a specific financial account.
  D. Financial Goals require the Financial Goals permission set to be visible to a user.
  A. You can only create savings-oriented goals.
  B. You can't create a goal for paying down a debt.

• Question 82:

  What benefits do Flows for Financial Services Cloud offer to support customer onboarding? (Choose Two)

  A. Flows enable customers to schedule appointments via customer communities, mobile apps. or websites.
  B. Flows provide step-by-step guidance for common service requests, such as change of address, or change of beneficiary, without the need to * navigate to different screens.
  C. Flows systematically capture and visualize important customer Life Events to drive more personalized and need-based engagements.
  D. Flows enable customers to book appointments with the nght specialist at the right time and place through self-service scheduling
  E. Flows enable customers to schedule appointments via customer communities, motxie apps. or websites.
  B. Flows provide step-by-step guidance for common service requests, such as change of address, or change of beneficiary, without the need to * navigate to different screens.
  E. Flows enable customers to schedule appointments via customer communities, motxie apps. or websites.

• Question 83:

  What should a Financial Advisor use to model the relationship between a business contact and a client that is modeled as a person account?

  A. Account-Account Relationship
  B. Contact-Contact Relationship and the Reciprocal Rote
  C. Reciprocal Role
  D. Account-Contact Relationship and the Reciprocal Role
  B. Contact-Contact Relationship and the Reciprocal Rote

• Question 84:

  What are the three building blocks of Flow Orchestration?

  A. Steps
  B. Blocks
  C. Stages
  D. Processes
  E. Work Items
  A. Steps
  C. Stages
  E. Work Items

• Question 85:

  Cumulus Cloud Bank is asking the consultant to explain some tools available to integrate Salesforce into several of its back-end/core systems. Which three capabilities should a consultant recommend?

  A. Industry Integration Solutions with the MuleSoft Anypoint Platform
  B. Data Processing Engine
  C. OmniStudio Integration Procedures
  D. Data Consumption Framework
  E. OmniStudio DataRaptors
  A. Industry Integration Solutions with the MuleSoft Anypoint Platform
  C. OmniStudio Integration Procedures
  E. OmniStudio DataRaptors

• Question 86:

  Which three objects should a Financial Services Cloud administrator use when planning to use the Mortgage Data Model to integrate with external Loan Origination and Customer Onboarding applications to accurately track the pipeline?

  A. Assets and Liabilities
  B. Opportunity
  C. Case
  D. Account
  E. Financial Account
  B. Opportunity
  D. Account
  E. Financial Account

• Question 87:

  The Salesforce Admin at Lake Tahoe Wealth Management Company wants to ensure that the advisors at his firm can quickly see the most important client data in the Actionable Relationship Center (ARC). What must the Admin configure for each object to display the most important fields on the side panel of ARC?

  A. Compact Layout
  B. Page Layout
  C. Search Layout
  D. Lightning Record Pages
  E. Field Sets
  A. Compact Layout

• Question 88:

  Lake Tahoe Bank is rolling out Financial Services Cloud and the VP of IT is concerned about the cost of the licenses. TheSystem Admin recommends using restricted licenses for users that need only limited access to Financial Service Cloud features. Which Financial Services Cloud permission set license enables user access to a license with contractual restrictions for Financial Services Cloud and can be used to grant restricted access to users like Bank Tellers?

  A. Financial Services Cloud Standard
  B. Client Segmentation
  C. Financial Service Cloud Basic
  D. Financial Service Cloud Extension
  C. Financial Service Cloud Basic

• Question 89:

  An opportunity record created with a close date of July 30, meets the criteria of time - dependent workflow rule. The time dependent action is scheduled for July 23. What happens if the opportunity is edited before July 23 and no longer meets the criteria?

  A. The time dependent action is automatically removed from the queue
  B. The time dependent action is put on hold
  C. The time dependent action will execute on July 30.
  D. The time dependent action will execute on July 23
  A. The time dependent action is automatically removed from the queue

• Question 90:

  A Salesforce Admin is configuring a new Action Plan Template. One task in that template needs to be picked up by the next available Advisor. What assignment logic should the Admin use when configuring this template task?

  A. Action Plan Creator
  B. Specific User
  C. Account Team
  D. Role
  E. Queues
  E. Queues