Salesforce Financial-Services-Cloud Dumps Updated Jul 05, 2024 WIith 172 Questions [Q11-Q33]

admin Financial-Services-Cloud Salesforce July 5, 2024

Rate this post

Salesforce Financial-Services-Cloud Dumps Updated Jul 05, 2024 WIith 172 Questions

View All Financial-Services-Cloud Actual Free Exam Questions Jul 05, 2024 Updated

Salesforce Financial Services Cloud (FSC) Accredited Professional Certification Exam is designed for professionals who work in the financial services industry and are responsible for implementing and managing the FSC platform. Financial-Services-Cloud exam covers a range of topics related to the FSC platform, including managing financial accounts, managing financial planning, managing client relationships, managing financial goals, and implementing customizations. Financial-Services-Cloud exam is designed to test the candidate’s ability to apply their knowledge of the FSC platform to real-world scenarios.

NEW QUESTION 11
A wealth management division manages the financial assets of many wealthy clients.
Which three steps should the Financial Services Cloud consultant take to offer a high level of customization to boost user productivity?

Create a new type of person account so trust group details roll down to the beneficiaries level.

Create a Custom Field Set solely for the Wealth Managers without affecting the Investment Bankers.

Assign the Custom Field Set to the Financial Summary component.

Create and assign the Cuslhm Field Set permission set to all users.

Assign the Custom Field Set To a Lightning component.

NEW QUESTION 12
Which three record type options should an advisor configure for a Lead object configuration?

Referral

Opportunity

General

Adjustments

Retirement Planning

NEW QUESTION 13
The sales team at universal containers wants an easy solution to gather customer requirements and share presentations with their customers.
What should an administrator do to help the sales team achieve this? (2 answers)

Use chatter files to share presentations.

Create opportunity teams for customers.

Add customers to libraries.

Add customers to private Chatter groups

NEW QUESTION 14
Which field settings can you control in the Page Layout Editor? (3 answers)

Dependent

Required

Controlling

Read only

Visible

NEW QUESTION 15
A system administrator at Universal Containers needs to transfer records from one user to another.
What object can be transferred using the mass transfer tool? (2 answers)

Leads

Campaigns

Quotas

Accounts

NEW QUESTION 16
What are the three building blocks of Flow Orchestration?

Steps

Blocks

Stages

Processes

Work Items

NEW QUESTION 17
Salesforce provides a robust set of automation features to help save time and resources. For example, a system administrator can use Flow Builder to automate most of an organization’s repetitive business processes.
Which use case is a suitable fit for Flow Builder?

Coordinate multiple flows and assign them to multiple teams or individuals.

Suggest offers and actions to users that are tailored to meet an organization’s unique business criteria.

Collect input from internal users with a form placed on a Lightning page cKlaunched by a button.

Perform an operation for more records than schedule-triggered flows allow

NEW QUESTION 18
How can you relate an opportunity to a campaign? (2 answers)

Select the Primary Campaign Source for the Opportunity

Use the Campaign influence Related List on the Opportunity

Use the Campaign Hierarchy Related List on the Opportunity

You cannot relate an opportunity to a campaign

NEW QUESTION 19
What option is available when scheduling a dashboard refresh? (2 answers)

Define refresh times for specific dashboard components

View and remove a scheduled dashboard refresh

Schedule the dashboard to refresh in different time zones

Send a refresh notification to users with access to the dashboard.

NEW QUESTION 20
Universal Containers has two business groups, products and services. Both groups will be using to track deals, but different fields are required by each group.
How should a system administrator meet this requirement? (2 answers)

Create two record types

Create two permission sets

Create two page layouts

Create two sales processes.

NEW QUESTION 21
Which accounts are automatically synchronized on Salesforce classic

Accounts that the users own

All recently accessed accounts

Accounts selected with the sync button

Any account created in the last 30 days

NEW QUESTION 22
Which of these statements is not correct about the visibility of Action Plan Tasks?

Once the Action Plan is assigned, you can see the related Tasks on the Timeline

The user can see tasks on the homepage if the Task Card is applied to the homepage.

Users will be able to see the Action Plan tasks assigned to them through the standard Salesforce task lists.

Users will be able to see the Action Plan tasks on the related list of the Account page layout.

NEW QUESTION 23
How should developers configure customized nodes for display in the Actionable Relationship Center (ARC)?

Reference the Lightning web component in the Display properties of the custom ARC relationship graph.

Select Use Flex Card from the node Display tab to show the node in a Flex Card

Reference the flex Card in the Display properties of the custom ARC relationship graph.

Select Omni Script from the node Actions tab to show the node in an Omni Script.

NEW QUESTION 24
The marketing team wants to send an email to each lead received from its website. The country of the incoming lead should determine the language of the email that will be sent to the lead.
How can the system administrator automate this process?

Create an email template for each language and an assignment rule to send appropriate template

Create an email template for each language and an auto response rule to send appropriate template

Create an email template for each language and a workflow alert to send appropriate template

Create a single email template and use the translation workbench to translate and send the appropriate template

NEW QUESTION 25
If a client is associated with more than one Household or Group, where will this client’s records get rolled up to?

To the household selected by the advisor for record rollups.

To the Household where the client is the primary member.

To the household with the client’s primary address.

To all the parent households and groups

NEW QUESTION 26
What can be done with a workflow field update action? (2 answers)

Change the record type of a record

Update the value of a formula field

Apply a specific value to a field

Update the value of a field on a child object

NEW QUESTION 27
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?

Action Plans create repeatable tasks and automate the task sequences when executed

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.

Action Plans can automatically schedule the next appointment with the Advisor.

Action Plans enhance collaboration and productivity by automatically assigning task owners and deadlines for specific client processes.

Action Plans can speed up the collection of a list of documents needed for the loan application

NEW QUESTION 28
A banking customer is using Sales Cloud but their Admin is considering whether Financial Services Cloud would be a better solution to meet their business needs.
What is the best way for the Admin to access a Financial Services org with preconfigured data to play around and learn what’s in it?

Hop on a 30-day Financial Services Cloud trial org

Request a Salesforce developer org

Purchase one license of an FSC production org

Spin up a Trailhead challenge org

NEW QUESTION 29
Early in the discovery and solution meetings, it was determined that the client would primarily use out-of-the-box Financial Services Cloud (FSC) objects and components with minimal custom objects needed.
In addition, it was decided that records should be private, but the managerial chain would require visibility into all their direct reports’ records.
Which three security settings must be set up in Salesforce to meet these requirements?

Only Custom Profiles should be configured and assigned to all users to use FSC components and field-level security. The ^ administrator should configure custom profiles and assign them to all users

Organization-wide sharing defaults should be set to meet sharing requirements for all objects in use.

Each object sharing should be set up, explicitly sharing each user’s record with the manager.

The Role Hierarchy in setup should be configured to allow for managers to automatically see records of those under them.

Custom permission sets and out-of-the-box FSC permission sets should be configured or updated and assigned to all users for the use of FSC components and field-level security.

Explanation
The following security settings must be set up in Salesforce to meet the requirements of using out-of-the-box Financial Services Cloud objects and components with minimal custom objects and private record sharing with managerial visibility:
Organization-wide sharing defaults should be set to meet sharing requirements for all objects in use.
Organization-wide sharing defaults are the baseline level of access that users have to records that they do not own or are not explicitly shared with them. You can use organization-wide sharing defaults to specify the default access level for each object, such as Public Read/Write, Public Read Only, or Private.
You can also use organization-wide sharing defaults to enable or disable features such as grant access using hierarchies, external access, or external org-wide defaults.
The Role Hierarchy in setup should be configured to allow for managers to automatically see records of those under them. The Role Hierarchy is a structure that represents the levels of data visibility and access that users have in an organization based on their role or position. You can use the Role Hierarchy to define the roles and subordinates for each user and grant access to records owned by or shared with users below them in the hierarchy. You can also use the Role Hierarchy to control the visibility of dashboards, reports, and territories.
Custom permission sets and out-of-the-box FSC permission sets should be configured or updated and assigned to all users for the use of FSC components and field-level security. Permission sets are a collection of settings and permissions that give users access to various tools and functions in Salesforce.
You can use permission sets to grant additional permissions or access levels to users without changing their profile. You can also use permission sets to control the field-level security for each object and field, which determines whether users can view, edit, or delete data in those fields. Financial Services Cloud provides several out-of-the-box permission sets that grant access to FSC components and features, such as Action Plans, Financial Accounts, or Relationship Groups. You can also create custom permission sets to meet your specific business needs. Verified References: : Salesforce Help Article 1 :
Salesforce Help Article 2 : Salesforce Help Article 3

NEW QUESTION 30
What benefits do Flows for FSC offer to support customer onboarding?

Flows systematically capture and visualize important customer Life Events to drive more personalized and need-based engagements.

Flows provide step-by-step guidance for common service requests, such as change of address, or change of beneficiary without the need to navigate to different screens.

Flows enable customers to schedule appointment via customer communities, mobile apps, or websites.

Flows enable customers to schedule appointments via customer communities, mobile apps, or websites.

Flows enable customers to book appointments with the right specialist at the right time and place through self-service scheduling

NEW QUESTION 31
What capability included in the Financial Services Cloud license can assist bankers in focusing on the most promising referrals?

Referral Approval Processes

Intelligent Need-Based Referrals and Scoring

Einstein Referral Scoring for Financial Services Cloud

Referral Routing Rules

NEW QUESTION 32
Lake Tahoe Bank’s System Administrator is implementing intelligent Need-Based Referrals in Salesforce. Referrals are modeled on the Lead object. Which three Lead features can the System Admin use for Intelligent Need-Based Referrals?

Lead Routing

Web to-Lead

Lead Assignment Rules

Lead Approval

Einstein Lead Scoring

NEW QUESTION 33
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?

Word document telling the story of the process from the user’s perspective

An Excel spreadsheet with steps of the process as rows, and systems and personas in columns

An end-to-end visualjmap of the process using personas, systems, inputs, and outcomes

A Powerpoint deck wftJscreenshots of the current systems and callouts to what is happening on each slide