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To become proficient in Salesforce FSC, individuals can take the Salesforce Financial Services Cloud (FSC) Accredited Professional Exam. Financial-Services-Cloud exam tests the candidate's knowledge and skills in using the FSC platform to help financial advisors manage their clients' finances effectively. Passing Financial-Services-Cloud Exam is a requirement for individuals who want to earn the Salesforce FSC Accredited Professional certification.

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Salesforce Financial-Services-Cloud (FSC) Accredited Professional Certification Exam is a professional certification exam that validates the skills and knowledge of professionals in the finance industry who use Salesforce. Salesforce Financial Services Cloud (FSC) Accredited Professional certification exam is designed to assess the skills and knowledge of professionals who work with Salesforce Financial Services Cloud (FSC) to manage customer relationships, financial products, and services.

Salesforce Financial Services Cloud (FSC) Accredited Professional Sample Questions (Q147-Q152):

NEW QUESTION # 147
A financial institution has custom security and visibility rules where certain users need to see specific records even though they are not typically engaged in that Account. This includes legal and compliance members who must be engaged for particular deals.
Which Financial Services Cloud capability provides the ability to accommodate this request?

A. Business Rules Engine
B. Interaction Summaries
C. Compliant Data Sharing
D. Custom Sharings Rules

Answer: C

Explanation:
The Financial Services Cloud capability that provides the ability to accommodate the request of sharing specific records with certain users who are not typically engaged in that account is Compliant Data Sharing.
Compliant Data Sharing is a feature that allows users to share records withother users based on criteria such as record type or field value. Users can create sharing rules for objects such as account, contact, individual, financial account role, opportunity participant role, or case team role. By using Compliant Data Sharing, the financial institution can share records with legal and compliance members who must be engaged for particular deals based on a field value that indicates the deal type.

NEW QUESTION # 148
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 advisors with an accurate summary of their client's financial data?

A. Use Process Builder to create a workflow to summarize data at the Person Account level.
B. Set clients financial data to be rolled up using Financial Services Cloud Primary Group.
C. 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.
D. Create a custom obiect to track client's financial data

Answer: B

Explanation:
A Primary Group is a construct in Financial Services Cloud that allows you to define the main group for a client. You can use Primary Group to roll up financial data from all the financial accounts that are related to the client or the group. This way, you can get an accurate summary of the client's financial data regardless of how often they change households. Verified Reference: : Salesforce Financial Services Cloud Implementation Guide, page 69.

NEW QUESTION # 149
A consultant is configuring ademo for a customer but cannot create new residential loan application records.
What is prohibiting the consultant from creating a new residential loan application?

A. The administrator did not enable "Allow Mortgage Access" in Setup.
B. The user does not have "Mortgage User" checked in their user record.
C. The Residential Loan Application flow was not enabled in the setup.
D. The administrator did not assign the Mortgage permission set to the user.

Answer: D

Explanation:
The administrator did not assign the Mortgagepermission 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 # 150
Lake Tahoe Bank branch manager is asking the Salesforce Administrator for improvements in Salesforce to speed up Loan Approval Processing. The Salesforce Admin is considering using Action Plans. Which 3 process improvements can be delivered using Action Plans?

A. Action Plans can automatically schedule the next appointment with the Advisor.
B. Action Plans create repeatable tasks and automate the task sequences when executed
C. When you create an action plan from a template for a specific target record, items that have no assigned user are assigned to the owner of that " target record.
D. Action Plans can speed up the collection of a list of documents needed for the loan application
E. Action Plans enhance collaboration and productivity by automatically assigning task owners and deadlines for specific client processes.

Answer: B,C,E

NEW QUESTION # 151
What object do you use to model a client in Financial Services Cloud?

A. Person Account
B. Account
C. Create a custom object
D. Contact

Answer: A

NEW QUESTION # 152
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