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Salesforce Financial-Services-Cloud Exam Syllabus Topics:

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

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Salesforce Financial Services Cloud (FSC) Accredited Professional Sample Questions (Q43-Q48):

NEW QUESTION # 43
Cumulus Insurance has created a Delegated Administrator group for its franchise users to reduce the workload on head office support staff.
Which three functions should be added to the Delegated Administrator group?

Answer: B,C,D

Explanation:
Explanation
The following functions should be added to the Delegated Administrator group for its franchise users:
Unlock users, which is a function that allows delegated administrators to unlock users who have been locked out due to incorrect login attempts or password expiration.
Assign or remove permission sets for users in their delegated groups, which is a function that allows delegated administrators to grant or revoke additional permissions for users in their delegated groups by using permission sets.
Create and manage membership of specified public groups, which is a function that allows delegated administrators to create public groups for sharing purposes and add or remove users from those groups.


NEW QUESTION # 44
Lake Tahoe Bank is migrating customer records from the Individual Model to Person Accounts. Which threesteps should a Data Architect take to ensure a successful migration?

Answer: A,D,E

Explanation:
The following steps are required to migrate customer records from the Individual Model to Person Accounts in Financial Services Cloud:
Ensure Person Accounts is enabled on the org. You need to have Person Accounts enabled before you can convert Individual Model records to Person Accounts. You can enable Person Accounts by contacting Salesforce Support or by using the Enable Person Accounts option in Setup > Account Settings.
Configure your Person Account record types in the Individual Record Type Mapper. You need to map your existing Individual Model record types to the corresponding Person Account record types. You can do this by using the Individual Record Type Mapper option in Setup > Financial Services Settings.
Use a CSV file to map PersonRecordTypeId to the Person Account RecordTypeId and use Data Loader to update Client Records. You need to update the Client records with the correct PersonRecordTypeId value that matches the Person Account RecordTypeId value. You can do this by using a CSV file andData Loader to perform a bulk update operation. Verified References: : Salesforce Help Article 1 : Salesforce Help Article 2 :
Salesforce Help Article 3


NEW QUESTION # 45
The Actionable Relationship Center (ARC) is using the Association Type picklist to control the account-account relationships. Which three of the following names are Association Type picklist field values?

Answer: A,C,E

Explanation:
Explanation
The following names are Association Type picklist field values:
Trust, which is a value that indicates that the accounts are related through a trust relationship.
Family, which is a value that indicates that the accounts are related through a family relationship.
Peer, which is a value that indicates that the accounts are related through a peer relationship.


NEW QUESTION # 46
Which three types of Account-Account relationships are displayed in the Actionable Relationship Center?

Answer: B,C,D


NEW QUESTION # 47
A consultant is configuring a demo for a customer but cannot create new residential loan application records.
What is prohibiting the consultant from creating a new residential loan application?

Answer: B

Explanation:
Explanation
The administrator did not assign the Mortgage permission set to the user. The Mortgage permission set is required to access the Residential Loan Application object and its related objects, such as Loan Application Form, Loan Assessment, and Loan Product. Without this permission set, the user cannot create, edit, or view residential loan application records. The administrator can assign the Mortgage permission set to the user from the user detail page in Setup. References: [Mortgage Permission Set], [Residential Loan Application Object]


NEW QUESTION # 48
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