Exit demo FINANCIAL-SERVICES-CLOUD Salesforce Financial Services Cloud (FSC) Accredited Professional (AP-208) PDF format · free preview

SalesForce FINANCIAL-SERVICES-CLOUD - Questions & Answers

Free preview · every answer includes a full explanation

Product page: https://prepkeys.com/financial-services-cloud.html

Question 1
Single choice

An administrator is logged into Data Loader with their own credentials to insert new Business Account records into their Salesforce environment. They forget to specify the Account Owner field in the import file.

Assumingthere are no other issues, what should happen when the administrator uploads the import file?

A.

The import will succeed, and the Account Owner field will be left blank.

B.

The import will succeed, and the administrator will be prompted to select a user.

C.

The import will fail, since all records in Salesforce must have an owner.

D.

The import will succeed, and the administrator will be named as the default Account Owner.

Question 2
Single choice

A financial services company needs to alert advisors about changes in client records that require action.

What should the administrator consider when configuring Record Alerts?

A.

When the administrator adds a new Record Alert Category, the severity value in the alert category is the default value on the record alerts advisors create and cannot be changed.

B.

When the admin creates a value for the Severity field, the warning icon is associated with the field automatically, and advisors cannot change the icon.

C.

With permissions for Record Alerts, users can create record alerts on all custom objects and standard objects such as Financial Account.

D.

Record alert categories are not required when creating a record alert, but they help keep alerts organized.

Question 3
Multiple choice

Which three processes are part of Claims Management?

A.

Auto Adjudication

B.

Reserve Management

C.

Quoting

D.

Underwriting

E.

Payment

Question 4
Multiple choice

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

Question 5
Single choice

Lake Tahoe Bank's financial advisors are complaining that they can't see an accurate summary of their clients financial data as clients often change households.

How can an Admin set up Financial Services Cloud to provide financial advisorswith an accurate summary of their client's financial data?

A.

Create a roll-up field on the Opportunity object to track client's Financial Account balance and display the summary amount on the Person Account object.

B.

Set clients financial data to be rolled up using Financial Services Cloud Primary Group.

C.

Create a custom obiect to track client's financial data

D.

Use Process Builder to create a workflow to summarize data at the Person Account level.

Question 6
Single choice

How should developers configure customized nodes for display in ARC?

A.

Select Use LWC from the node Display tab to show the node in a Lightning Web Component

B.

Reference the Lightning WebComponent in the Display properties of the custom ARC relationship graph

C.

Select Use FlexCard from the node Display tab to show the node in a FlexCard

D.

Reference the FlexCard in the Display properties of the custom ARC relationship graph

Question 7
Single choice

Scott Adams calls his Personal Banker HankBurton to apply for a loan to buy a boat. Hanks wants to refer Scott to the loan department, but the current process is manual and time-consuming. Hank is asking the bank's System Administrator to automate Referral creation in Salesforce.

How can the Adminspeed up and simplify Referral creation?

A.

Write a trigger to create Referrals from a 'Create Referral* button.

B.

Use the Case process and create Cases with Case Type 'Referrar'.

C.

Use Global Action To create Referrals.

D.

Use

Question 8
Single choice

What steps does the SalesforceAdministrator have to take to create a new Business Milestone Type?

A.

In the Object Manager go to the Business Milestone object and create a new field using the name of the new milestone.

B.

Find Person Life Event using the Object Manager and add a new picklist value on the Milestone Type Field.

C.

Find Business Milestone using the Object Manager and add a new picklist value on the Milestone Type Field

D.

In the Lightning Page Editor add the new Milestone Type to the Life Events & Business Milestones Lightning component

Question 9
Single choice

A Salesforce administrator updating a record page to add a Chatter component to the Action Plan Lightning record page is unable to find the Chatter components for selection.

What is the reason for this?

A.

Feedtracking has to be enabled for the Action Plan object.

B.

Chatter has to be enabled for Action Plans via Chatter settings in setup.

C.

Salesforce is yet to roll out Chatter for the Action Plan object.

D.

Admin users have to be assigned the Action Plans permission set.

Question 10
Single choice

How can the Salesforce Admin change the configuration to summarize Financial Goals at the household level?

A.

Add a custom Rollup By Lookup (RBL) rule.

B.

Financial Goalscan not be summarized at the household level.

C.

Create a formula field and add it to the Account page layout

D.

Update the selection in "Activities & Objects to Roll Up' to indude Financial Goals

Showing 10 of 192 questions · Unlock the full set