What steps does the Salesforce Administrator have to take to create a new Business Milestone Type?
Answer(s): C
To create a new Business Milestone Type, you need to add a new picklist value on the Milestone Type field of the Business Milestone object. This field is used to categorize the different types of business milestones that can be tracked for a client. Verified
: Salesforce Financial Services Cloud Implementation Guide, page 57.
Where should a Salesforce Administrator go to add custom icons to the Life Events and Business Milestones?
Answer(s): B
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
: Salesforce Financial Services Cloud Implementation Guide, page 58.
What actions can a Wealth Advisor take from the Life Events card7
Answer(s): B,D,E
From the Life Events card, a Wealth Advisor can take the following actions:Create Lead & Referral: This action creates a lead record for a new prospect or a referral record for an existing client based on the life event information.Request Record Approval: This action initiates an approval process for the life event record to ensure compliance and quality standards.Create Opportunity: This action creates an opportunity record to track the potential revenue from the life event. Verified
: Salesforce Financial Services Cloud User Guide, page 30. :Salesforce Financial Services Cloud User Guide, page 31. : Salesforce Financial Services Cloud User Guide, page 32.
Planter Farm Credit Union provides loan and insurance products to farmers who operate individually as well as in collaboration with other neighboring farms & farmers. The collaboration can be seasonal or for a limited timeframe. What construct in Financial Services Cloud is most appropriate to represent such collaborative customer business operations?
A Custom Relationship Group is a construct in Financial Services Cloud that allows you to model complex and dynamic relationships between clients and accounts. You can use it to represent collaborative customer business operations that are not captured by standard household or account structures. Verified
: Salesforce Financial Services Cloud Implementation Guide, page 67.
What should a Financial Advisor use to model the relationship between a business contact and a client that is modeled as a person account?
A Contact-Contact Relationship is a construct in Financial Services Cloud that allows you to model the relationship between two contacts, such as a business contact and a client that is modeled as a person account. The Reciprocal Role is a field on the Contact-Contact Relationship object that defines how each contact relates to the other. Verified
: Salesforce Financial Services Cloud Implementation Guide, page 64.
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are these really financial cloud questions and answers, seems these are basic admin question and answers
prepping for fsc exam