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Salesforce Financial Services Cloud Accredited Professional Sample Questions:

1. The Salesforce Administrator at Lake Tahoe Bank is asked at make modifications to the Salesforce org to allow for more than one people being joint owners on a Financial Account. What will be the recommended approach to model this requirement?

A) Create lookup fields on the Financial Account object to support additional owners
B) Map the primary owner and one joint owner to the Financial Account, because FSC, supports only two joint account owners.
C) Map additional owners using the Financial Account Role.
D) Map additional owners using theActionable Relationship Center.

2. 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) Contact-Contact Relationship
B) Standard Household
C) Account with Record Type = Business
D) Custom Relationship Group

3. Scott Adams calls his Personal Banker HankBurton to apply for a loan to buy a boat. Hanks wants to refer Scott to the loan department, but the current process is manual and time-consuming. Hank is asking the bank's System Administrator to automate Referral creation in Salesforce. How can the Adminspeed up and simplify Referral creation?

A) Use the Case process and create Cases with Case Type 'Referrar'.
B) Use
C) Write a trigger to create Referrals from a 'Create Referral* button.
D) Use Global Action To create Referrals.

4. 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 tothe Delegated Administrator group?

A) Create and manage membership of specified public groups.
B) Modify permission sets.
C) Set organization-wide sharing defaults on custom objects.
D) Unlock users.
E) Assign or remove permission sets for users in their delegated groups.

5. Which three of these statements are true for Rollup By Lookup (RBL) in Financial Services Cloud?

A) An RBL (Rollup By Lookup) rule displays summary calculations of financial account information, such as account balances.
B) The Rollup By Lookup (RBL) configuration updates the corresponding RBL summaries at the diem and group levels
C) RBL rules do not require a lot of processing power.
D) Person Accounts need to be enabled in order to use the Rollup by Lookup functionality.
E) Salesforce does not recommend or provide support for creation or customization of Financial Services Cloud RBL rules

Solutions: