Reliable Financial-Services-Cloud Exam Questions | Latest Financial-Services-Cloud Exam Objectives

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Salesforce Financial-Services-Cloud Exam Syllabus Topics:

Section	Objectives
Topic 1: Financial Accounts and Goals	- Financial Data Management 1. Assets and Liabilities 2. Financial Goals 3. Financial Accounts 4. Insurance Policies
Topic 2: Client and Relationship Management	- Client Lifecycle Management 1. Business Milestones 2. Interaction Summaries 3. Client Onboarding 4. Referrals and Leads
Topic 3: Security and Compliance	- Compliance Management 1. Audit and Regulatory Support 2. Consent Management 3. Data Privacy 4. Sharing and Visibility
Topic 4: Productivity and Automation	- Workflow and Automation Features 1. Action Plans 2. Flow Automation 3. OmniStudio Integration 4. Document Checklist Items
Topic 5: Financial Services Cloud Fundamentals	- Financial Services Cloud Overview 1. Industry Data Model 2. Relationship Mapping 3. Person Accounts 4. Households and Groups
Topic 6: Implementation and Solution Design	- Solution Architecture 1. Business Requirement Mapping 2. Scalable FSC Solution Design 3. Deployment Best Practices 4. Integration Considerations

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Salesforce Financial Services Cloud (FSC) Accredited Professional Sample Questions (Q128-Q133):

NEW QUESTION # 128
Which step is required to give a group of users access to a Financial Deal?

A. Change organization-wide defaults (OWD) sharing on the Financial Deal object to Public Read/Write.
B. Update Industries Settings to give users access to the Financial Dew object.
C. Share a financial deal record with a group by adding them as participants to the record from the Financial Deal Participants related list,
D. Create a Financial Deal permission set and assign it to the users that should have access to Financial Deals.

Answer: C

Explanation:
Explanation
To give a group of users access to a Financial Deal, you need to share a financial deal record with a group by adding them as participants to the record from the Financial Deal Participants related list. The Financial Deal Participants related list is a custom related list on the Financial Deal object that allows you to add users, groups, or queues as participants of a financial deal. Participants can have different roles and access levels for a financial deal, such as Owner, Collaborator, Viewer, or Approver. By adding a group as a participant, you can grant access to all the members of that group for a specific financial deal. Verified References: : Salesforce Help Article [6] : Salesforce Help Article [7]

NEW QUESTION # 129
A private equity company with only one administrator wants to upgrade Financial Services Cloud (FSC) from a Sales Cloud Unlimited Edition (UE) org. The company decided to install FSC greenfield on a new org to minimize the transfer of existing tech debt. In preparation for data migration, the administrator has been exporting backup files of the current org for a month.
What should the administrator do as part of the preparation for the data migration process?

A. After running the backup data export manually for 2 weeks, the administrator can schedule this job to run weekly every Sunday to review the file on Mondays atthe start of the week for data comparisons
/analysis.
B. The administrator can ask the business manager on the investment bank team to review the file directly.
C. As a dry run, the administrator can test this process via a data export request from the primary sandbox to the existing Sales Cloud UE org.
D. To start, the administrator can run a daily backup dataexport for a week, then continue to run this job weekly until they are ready for data migration.

Answer: D

Explanation:
As part of the preparation for the data migration process, the administrator should run a daily backup data export for a week, then continue to run this job weekly until they are ready for data migration. This is a best practice for data migration in Salesforce that allows the administrator to identify the data they want to migrate, create templates for the data, prepare the destination org, and validate the data2. By running a daily backup data export for a week, the administrator can captureany changes or updates in the data and compare them with previous exports. By continuing to run this job weekly until they are ready for data migration, the administrator can ensure that they have the most recent and accurate data to migrate into Financial Services Cloud.Verified References: 2

NEW QUESTION # 130
Salesforce provides a robust set of automation features to help save time and resources. For example, a system administrator can use Flow Builder to automate most of an organization's repetitive business processes.
Which use case is a suitable fit for Flow Builder?

A. Collect input from internal users with a form placed on a Lightning page cKlaunched by a button.
B. Suggest offers and actions to users that are tailored to meet an organization's unique business criteria.
C. Perform an operation for more records than schedule-triggered flows allow
D. Coordinate multiple flows and assign them to multiple teams or individuals.

Answer: A

Explanation:
A suitable use case for Flow Builder is to collect input from internal users with a form placed on a Lightning page or launched by a button. Flow Builder is a tool that allows users to automate business processes by building flows that guide users through screens, execute logic, manipulate data, and interact with Salesforce and external systems. By using Flow Builder, the system administrator can create a flow that collects input from internal users with a form and performs actions based on the input.

NEW QUESTION # 131
In Financial Services Cloud, what is the criteria for commas and symbols to be displayed correctly on the Financial Account Summary component?

A. User's locale and language must match user's currency.
B. Account currency must match org default currency.
C. User's locale must match user's currency.
D. User currency must match org default currency.

Answer: C

Explanation:
Explanation
The criteria for commas and symbols to be displayed correctly on the Financial Account Summary component is that user's locale must match user's currency. The locale is a setting that determines how dates, times, numbers, and currencies are formatted and displayed for a user. The currency is a setting that determines how monetary amounts are formatted and displayed for a user. By matching the user's locale with their currency, FSC can ensure that commas and symbols are displayed correctly on the Financial Account Summary component according to the user's preferences and expectations

NEW QUESTION # 132
Where should a Salesforce Administrator go to add custom icons to the Life Events and Business Milestones?

A. Lightning PageLayout > Life Events and Business Milestones Lightning Component > Page Icon Properties
B. Setup > Financial Services > Icons > Life Events and Business Milestones
C. Setup > Custom Code > Static Resources
D. Setup > User Interface > icons > Life Events and Business Milestones

Answer: C

Explanation:
To add custom icons to the Life Events and Business Milestones, you need to upload them as static resources in Setup > Custom Code > Static Resources. You also need to update the Icon Name field on the Life Event and Business Milestone objects to match the name of the static resource. Verified References: : Salesforce Financial Services Cloud Implementation Guide, page 58.

NEW QUESTION # 133
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