Amazon
Anthropic
Avaya
Cisco
CompTIA
CrowdStrike
EC-Council
EXIN
Fortinet
Google
ISC
ISC2
ITIL
Juniper
Microsoft
NVIDIA
Palo Alto Networks
Salesforce
SAP
VMware
All Vendors

Salesforce Financial Services Cloud Accredited Professional Financial Services Cloud Accredited Professional Dumps in PDF

Free Salesforce Financial Services Cloud Accredited Professional Real Questions (page: 3)

Financial Services Cloud Accredited Professional PDF — 84 Questions

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?

  1. 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.
  2. Set clients financial data to be rolled up using Financial Services Cloud Primary Group.
  3. Create a custom obiect to track client's financial data
  4. Use Process Builder to create a workflow to summarize data at the Person Account level.

Answer(s): 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.



Lake Tahoe Bank allows more than two owners on Financial Accounts. The Salesforce Admin wants to make sure that balances are rolled up to all joint owner's primary Households.
Which 2 options does the Salesforce Admin have to accomplish this?

  1. Enable all RBL (Rollup By Lookup) rules to ensure the balances are rolled up to the household level.
  2. Enable the 'Enable Rollup Summary' in custom settings
  3. Create custom RBL (Rollup By Lookup) rules to rollup the joint owner balances.
  4. Disable RBL (Rollup By Lookup) rules that rollup balances using joint owner on Financial Account.
  5. Enable RBL (Rollup By Lookup) rules that rollup balances using Financial Account Role for joint owners.

Answer(s): C,E

Explanation:

Rollup By Lookup (RBL) is a feature in Financial Services Cloud that allows you to display summary calculations of financial account information, such as balances, market values, and cost bases. You can use RBL to roll up financial data to all joint owners' primary households by doing the following:
Create custom RBL rules to rollup the joint owner balances using the Joint Owner field on the Financial Account object.
Enable RBL rules that rollup balances using Financial Account Role for joint owners using the Account

Role field on the Account Contact Relationship object. Verified


Reference:

: Salesforce Financial Services Cloud Implementation Guide, page 75.



To access Financial Services Cloud Lightning Components "My Domain" must be enabled. How does the System Admin accomplish this?

  1. Register a subdomam using the My Domain wizard and then deploy it
  2. Open a case with Salesforce Support
  3. Enable Communities
  4. Go to Custom Settings and edit the Industries Settings

Answer(s): A

Explanation:

My Domain is a feature in Salesforce that allows you to create a subdomain for your org. You need to enable My Domain to access Financial Services Cloud Lightning Components, such as Actionable Relationship Center, Relationship Map, Life Events & Business Milestones, etc. To enable My Domain, you need to do the following:
Register a subdomain using the My Domain wizard in Setup > My Domain. Deploy it to your users after testing it in your sandbox or developer org. Verified


Reference:

:
Salesforce Help Article [7]



Lake Tahoe Bank has branch offices in many countries around the world and they are planning to roll out Financial Services Cloud.
Which of the 2 considerations does the Salesforce Admin have to keep in mind when it comes to dealing with multiple currencies?

  1. For each user, the user currency must correspond to the default currency for the user's locale
  2. The Salesforce Admin can enable or disable multiple currencies if needed
  3. When filtering by currency values in reports or list views, users must specify a currency ISO code, such as USO or GBP. before the value.
  4. When multicurrency is enabled in FSC. advanced currency management is also available

Answer(s): C,D

Explanation:

Multicurrency is a feature in Salesforce that allows you to work with multiple currencies in your org. If you enable multicurrency in FSC, you need to consider the following:
When filtering by currency values in reports or list views, users must specify a currency ISO code, such as USD or GBP, before the value. For example, USD500 or GBP300.
When multicurrency is enabled in FSC, advanced currency management is also available. This feature allows you to track historical exchange rates and apply them to opportunities and forecasts.



Lake Tahoe Bank has been using Sales Cloud to support the business to consumer (B2C) activities. The VP of IT wants a better and more flexible data model that can support his B2C Banking use cases. He is considering upgrading to Financial Services Cloud, using Person Accounts.
Which 2 of these statements are true for the Financial Services Cloud Person Account Data Model?

  1. Person Accounts can be merged with Business Accounts in Financial Services Cloud
  2. To share a Person Account record the admin will need to create sharing rules Account and Contact objects
  3. The Person Account record type can be used when a client is an agent for a broker firm that is doing business with the Financial Institution.
  4. The Person Account is a virtual object displaying data from Accounts and Contacts objects. It represents all aspects of the person and includes D data such date of birth or tax ID number.
  5. The Person Account model uses the standard Account object to hold all of the details about a person The Account object has been extended " with custom fields and a Person Account Record Type

Answer(s): D,E

Explanation:

The following statements are true for the Financial Services Cloud Person Account Data Model:
The Person Account is a virtual object displaying data from Accounts and Contacts objects. It represents all aspects of the person and includes data such as date of birth or tax ID number. You can use Person Accounts to store information about individual people by combining certain Account and Contact fields into a single record.
The Person Account model uses the standard Account object to hold all of the details about a person. The Account object has been extended with custom fields and a Person Account Record Type. You can use Person Accounts to simplify your data model and reduce the number of records you need to manage.



PDF
Viewing page 3 of 35

Share your comments for Salesforce Financial Services Cloud Accredited Professional exam with other users:

N
Nobody
9/18/2023 6:35:00 PM

q 14 should be dmz sever1 and notepad.exe why does note pad have a 443 connection

Anonymous
M
Muhammad Rawish Siddiqui
12/4/2023 12:17:00 PM

question # 108, correct answers are business growth and risk reduction.

SAUDI ARABIA
E
Emmah
7/29/2023 9:59:00 AM

are these valid chfi questions

KENYA
M
Mort
10/19/2023 7:09:00 PM

question: 162 should be dlp (b)

EUROPEAN UNION
E
Eknath
10/4/2023 1:21:00 AM

good exam questions

INDIA
N
Nizam
6/16/2023 7:29:00 AM

I have to say this is really close to real exam. Passed my exam with this.

EUROPEAN UNION
P
poran
11/20/2023 4:43:00 AM

good analytics question

Anonymous
A
Antony
11/23/2023 11:36:00 AM

this looks accurate

INDIA
E
Ethan
8/23/2023 12:52:00 AM

question 46, the answer should be data "virtualization" (not visualization).

Anonymous
N
nSiva
9/22/2023 5:58:00 AM

its useful.

UNITED STATES
R
Ranveer
7/26/2023 7:26:00 PM

Pass this exam 3 days ago. The PDF version and the Xengine App is quite useful.

SOUTH AFRICA
S
Sanjay
8/15/2023 10:22:00 AM

informative for me.

UNITED STATES
T
Tom
12/12/2023 8:53:00 PM

question 134s answer shoule be "dlp"

JAPAN
A
Alex
11/7/2023 11:02:00 AM

in 72 the answer must be [sys_user_has_role] table.

Anonymous
F
Finn
5/4/2023 10:21:00 PM

i appreciated the mix of multiple-choice and short answer questions. i passed my exam this morning.

IRLAND
A
AJ
7/13/2023 8:33:00 AM

great to find this website, thanks

UNITED ARAB EMIRATES
C
Curtis Nakawaki
6/29/2023 9:11:00 PM

examination questions seem to be relevant.

UNITED STATES
U
Umashankar Sharma
10/22/2023 9:39:00 AM

planning to take psm test

Anonymous
E
ED SHAW
7/31/2023 10:34:00 AM

please allow to download

UNITED STATES
A
AD
7/22/2023 11:29:00 AM

please provide dumps

UNITED STATES
A
Ayyjayy
11/6/2023 7:29:00 AM

is the answer to question 15 correct ? i feel like the answer should be b

BAHRAIN
B
Blessious Phiri
8/12/2023 11:56:00 AM

its getting more technical

Anonymous
J
Jeanine J
7/11/2023 3:04:00 PM

i think these questions are what i need.

UNITED STATES
A
Aderonke
10/23/2023 2:13:00 PM

helpful assessment

UNITED KINGDOM
T
Tom
1/5/2024 2:32:00 AM

i am confused about the answers to the questions. do you know if the answers are correct?

KOREA REPUBLIC OF
V
Vinit N.
8/28/2023 2:33:00 AM

hi, please make the dumps available for my upcoming examination.

UNITED STATES
S
Sanyog Deshpande
9/14/2023 7:05:00 AM

good practice

UNITED STATES
T
Tyron
9/8/2023 12:12:00 AM

so far it is really informative

Anonymous
B
beast
7/30/2023 2:22:00 PM

hi i want it please please upload it

Anonymous
M
Mirex
5/26/2023 3:45:00 AM

am preparing for exam ,just nice questions

Anonymous
E
exampei
8/7/2023 8:05:00 AM

please upload c_tadm_23 exam

TURKEY
A
Anonymous
9/12/2023 12:50:00 PM

can we get tdvan4 vantage data engineering pdf?

UNITED STATES
A
Aish
10/11/2023 5:51:00 AM

want to clear the exam.

INDIA
S
Smaranika
6/22/2023 8:42:00 AM

could you please upload the dumps of sap c_sac_2302

INDIA
AI Tutor 👋 I’m here to help!