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Salesforce Financial Services Cloud Accredited Professional Sample Questions:

1. In Financial Services Cloud, what is the criteria for commas and symbols to be displayed correctly on the Financial Account Summary component?

A) User currency must match org default currency.
B) Account currency must match org default currency.
C) User's locale must match user's currency.
D) User's locale and language must match user's currency.

2. Which three things must an admin keep in mind when creating Action Plan Templates'5

A) When creating Action Plan Templates with the Ul. you can designate a plan owner different from the plan creator.
B) When you create an Action Plan from a template for a specific target record, the plan creator can choose whether the date calculation is based on calendar or working days.
C) When youcreate an Action Plan from a template for a specific target record, item deadlines are calculated using the start date and date offset " defined in the Action Plan Template
D) The Action Plan Template permission set must be added to all users that wantto use Action Plans.
E) An Action Plan is a run-time instance of the template that allows you to automate the sequence of the tasks you defined in the template.

3. Users at Lake Bank have been creating multiple events for once in a lifetime event such as birth. What should an Administrator do to prevent users from accidentally creating more than one event of such anevent type?

A) Remove user's ability to create one-time events
B) Create an Apex trigger that will prevent the saving of multiple one-time events
C) Select the Unique checkbox on the picklist value for the Event Type field on the Person Life Event object
D) Create a validation rule that will stop the user if they attempt to add multiple one-time events.

4. 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 Financial Services Cloud (FSC)?

A) CDS in FSC allows record owners to grant access to their records to other FSC users.
B) CDS can only be applied to FSC objects and Account and Opportunity objects.
C) To get the benefits of CDS, administrators must set organization-wide sharing settings for supported objects to the Private access model.
D) Users above the record owner in the Role Hierarchy and non-record owners with Edit access granted through CDS have the same ability/access as record owners,
E) To disable CDS for an object, any Participant Roles associated with that object must be deleted first.

5. Which Salesforce Financial Services Cloud feature enables financial advisors to track and manage clientaccounts?

A) Client onboarding
B) Performance reporting
C) Opportunity management
D) Financial accounts management

Solutions: