Practice Financial-Services-Cloud Exam Online

Question 1

Which of these statements are true for Rollups in Financial Services Cloud?

A : Rollups are done at both the client and group levels

B : All financial accounts information, such as account balances are calculated and summarized at the Financial Account Summary level

C : Activities can not be rolled up on the activity timeline at group/household level.

Answer: B

Question 2

A financial services company would like its users to be able to relate two business accounts. What should the administrator configure to meet the requirement?

A : Create a new Contact Reciprocal Role for the required value.

B : Update the Role picklist on the Account-Account Relationship object with new value.

C : Create a new Account Reciprocal Role for the required value.

D : Update the Role picklist on the Account-(?ontact Relationship object with new value.

Answer: B

Question 3

Sam is the Salesforce Admin for Valley Bank. The bank's financial advisors are complaining they can't see an

accurate summary of their client's financial data as clients often change households. Sam wants to give his

financial advisors a better view of the client's complete financial situation. How can he set this up using FSC?

A : Create a custom object to track the client's financial data

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

C : Set client's financial data to be rolled up using Primary Group feature

Answer: C

Question 4

What type of record access can an administrator grant (2 answers)

A : Read/Write only

B : Read only

C : Read/Write/Delete

D : Read/Write/Transfer

Answer: A,B

Question 5

Person accounts store information about individual people by combining certain account and contact fields into a single record. Using the Object Manager, on which Object do you configure the Person Account Page Layout?

A : The Person Account Record Type on the Account Object

B : The Person Account Record Type on the Contact Object

C : The Person Account Object

Answer: C

Name:	Salesforce Financial Services Cloud (FSC) Accredited Professional (AP) (WI24)
Exam Code:	Financial-Services-Cloud
Certification:	Salesforce CDP Accredited Professional
Vendor:	Salesforce
Total Questions:	278
Last Updated:	Apr 23, 2024

Salesforce Financial-Services-Cloud