Latest Exam Prep

Q28. A financial services company would like its users to be able to relate two business accounts. Whatshould the administrator configure to meet the requirement?

Q29. Which three permission sets grant access or extend permissionsfor record alerts in Financial Services Cloud (FSC)?

Q30. A consultant is working with a new customer and has gained a firm understanding of their business processes and systems in preparation for implementing Salesforce Financial Services Cloud.
What should the consultant create as a deliverable for the current state business process?

Q31. Which 3 options does the Financial Services Cloud application offer to view and update Account-Account.
Account-Contact, and Contact-Contact Relationships?

Q32. 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?

Q33. Cumulus Bank has branches in multiple countries that are required to report in local currency, while the corporate headquarters office wishes to see reports in a single currency (the corporate currency). Which solution should a consultant recommend to meet these requirements?

Q34. The Compliant Data Sharing (CDS) feature lets administrators and compliance managers configure advanced data-sharing rules so that they can improve compliance with regulations and company policies. Which three things should be considered when implementing CDS in Agentforce Financial Services?

Q35. A wealthy client owns aboutique shoe store called Smith’s Shoes. Their financial advisor would like to add this relationship to the Financial Services Cloud (FSC) to track the complete picture of relationships related to the wealthy client’s household.
Which three options should the Financial Services Cloud consultant use when mapping this relationship in FSC?

Q36. What should a Financial Advisor use to model the relationship between a business contact and a client that is modelled as a person account? Contact-Contact Relationship and the Reciprocal Role What should a Financial Advisor use to model the relationship between a business contact and a client that is modeled as a person account?

Q37. Rachel Addams belongs to two households:
1. The Addams household where Rachel lives with her spouse, Nigel Addams. Rachel is the client and, as such, is listed as the primary member of that household. This household is also Rachel’s primary group.
2. The Symonds household. This household belongs to Rachel’s parents, but Rachel manages their finances.
Rachel is considered the beneficiary of this household.
In addition, Rachel’s household has a related account, the Addams Charitable Trust, and a related contact, Ivan M. Kohl, attorney at law.
What should be the relationships between the parties when the Financial Services Cloud consultant sets up Rachel’s person account?
1.Primary Group Household – Addams Household
Primary Member – Rachel Addams
Spouse – Nigel Adams
Trustee – Addams Charitable Trust
Household – Symonds Household
Primary Member – Neil Symonds
Beneficiary – Rachel Addams
Related Accounts – Addams Charitable Trust
Related Contacts – Ivan M. Kohl
A financial services company needs to transform the individual data model to person accounts in Financial Services Cloud (FSC), and its consulting partner is helping decide the sequence of the user stories in the design phase.
What should the implementation team do as the top priority during planning?

Q38. Which Salesforce Financial Services Cloud feature enables financial advisors to track and manage client accounts?

Q39. An investment bank client wants all its users to track client engagements with Interaction Summaries. In addition, those call logs need to be shared with specialists in other lines of business so they can assist in specific types of deals.
Which three Financial Services Cloud standard objects should be used to help accommodate these business requirements?

Q40. Permission setlicenses incrementally entitle users to access features that are not included in their user licenses.
Which three Permission Set Licenses give users access to Financial Services Cloud features?

Q41. A financial services company wants to track different categories of financial accounts in its org. Relationship managers must be able to see all of these financial accounts in one place on the customer’s Account record page grouped by categories.
Which three steps should an administrator take to configure the Financial Account object and the Account Lightning record page to meet the design?

Q42. A financial services company needs a custom field for reporting when relating two-person accounts to each other. Which object should the Agentforce Financial Services consultant configure the custom field on?