[May 04, 2023] New Salesforce Financial-Services-Cloud Dumps with Test Engine and PDF (New Questions)
Pass Your Financial-Services-Cloud Exam Easily - Real Financial-Services-Cloud Practice Dump Updated
NEW QUESTION 18
What are the challenges Financial Institutions face? (Select all that apply)
- A. Rising class of new competitors
- B. Not enough data
- C. Isolated data and outdated systems
- D. Regulatory compliance
Answer: A,B,D
NEW QUESTION 19
What functionality is included in the Financial Services Cloud Extension license? (2 correct answers)
- A. It enables user access to Download Analytics Data and Install Analytics Templated Apps
- B. It enables user access to the Action Plans feature
- C. It enables user to configure Compliant Data Sharing
- D. It enables user access to the Actionable Relationship Center Lightning component
Answer: C,D
NEW QUESTION 20
Universal Containers needs to synchronize data between sales force and an external financial system.
How can a system administrator accomplish this?
- A. Use an external ID field to match records between systems
- B. Use the excel connector to export records from both systems
- C. Use the data loader to upsert Salesforce records into the financial system
- D. Use the data loader to match records between the systems
Answer: A
NEW QUESTION 21
What type of customization can be done on Activities? (Tasks and Events) (3 answers)
- A. Assignment Rules
- B. Validation Rules
- C. Custom Fields
- D. Workflow Rules
- E. Field Tracking
Answer: B,C,E
NEW QUESTION 22
Which three of the following statements are correct about the Actionable Relationship Center Manager (ARC)?
- A. ARC is certified to work with Person Accounts and Individual Accounts.
- B. To enable users to see the ARC, you will need to add the component for ARC to the page layout.
- C. The Association Type picklist controls the account-account relationship that display in the ARC.
- D. The Salesforce Admin has to create a permission set for granting access to the ARC - FSC Lightning component.
- E. ARC displays up to 5 related lists that have a configured compact layout.
Answer: B,C,D
NEW QUESTION 23
True or False? A button to "Open Relationship Center" can be added to Account, Contact and Opportunity page layouts.
- A. False
- B. True
Answer: B
NEW QUESTION 24
The Salesforce Admin at Lake Tahoe Bank considering implementing Financial Services Cloud. What is the best way for the Admin to access a Financial Services pre-configured org, including data and the right licenses, to learn about the product?
- A. Spin up a Salesforce sandbox org.
- B. Request a 30-day Financial Services Cloud trial org
- C. Purchase one license of Financial Services Cloud and install it in a production org.
- D. Request a Salesforce developer org.
Answer: B
NEW QUESTION 25
The VP of sales at universal containers requested that "Verbal Agreement" be added as a new opportunity stage. The Administrator added this new picklist value to the stage field, but found that the new value was not available to users.
What should the administrator do?
- A. Ensure the new value was marked as active
- B. Add the new value to the appropriate sales process
- C. Ensure the limit of 10 stage values was not exceeded
- D. Add the new value to the appropriate record type
Answer: B
NEW QUESTION 26
Personal Banker Hank Burton receives a call from the client Rachel Adams. Rachel can't access her checking account details. What FSC feature that links customers, financial accounts, or households to specify issues should Hank use to report this issue?
- A. Activities
- B. Relationship Builder and Map
- C. Service Requests
- D. Cases & Alerts
Answer: D
NEW QUESTION 27
For which three objects are Rollup By Lookup (RBL) summaries are available?
- A. Assets and Liabilities
- B. Life Events
- C. Claims
- D. Financial Accounts
- E. Contacts
Answer: A,C,D
NEW QUESTION 28
Which of the following objects do support Group-Level Rollups?
- A. Opportunities
- B. Financial Accounts
- C. Tasks
- D. Action Plans
- E. Alerts
Answer: A,B,C
NEW QUESTION 29
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?
- A. Spin up a Trailhead challenge org
- B. Hop on a 30-day Financial Services Cloud trial org
- C. Purchase one license of an FSC production org
- D. Request a Salesforce developer org
Answer: B
NEW QUESTION 30
Universal Containers uses a custom field on the account object to capture the account credit status. The sales team wants to display the account credit status on opportunities.
Which feature should a system administrator use to meet the requirements?
- A. Roll-up summary field
- B. Workflow field update
- C. Cross-object formula field
- D. Look-up Field
Answer: C
NEW QUESTION 31
Rollup summary fields aren't available in a Partial Copy sandbox. What is one way you can solve for this limitation?
- A. Configure Rollup Summary using Formula fields
- B. Contact Salesforce to enable Rollup Summary fields in the partial sandbox
- C. Create a Full sandbox or install the Financial Services Cloud managed package in a Partial Copy sandbox
Answer: C
NEW QUESTION 32
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. Account-Account Relationship
- B. Account-Contact Relationship and the Reciprocal Role
- C. Reciprocal Role
- D. Contact-Contact Relationship and the Reciprocal Rote
Answer: B
NEW QUESTION 33
Universal Containers requires that the organization-wide default for opportunities be set to public read/write. However, sales users are complaining that opportunity reports return too many results, making it difficult to find their team's opportunities in the report results.
How can the system administrator address this problem?
- A. Update the sharing rules to limit user access to certain opportunity
- B. Use the show filter to filter report results and reduce records returned
- C. Move the opportunity reports into a folder with restricted access
- D. Move the opportunity reports into each user's personal reports
Answer: B
NEW QUESTION 34
When can a validation rule be used to prevent invalid data? (3 answers)
- A. When records are submitted using web-to-lead
- B. When records are deleted by a user
- C. When records are imported
- D. When records are updated by a workflow rule
- E. When records are edited by a user
Answer: A,C,E
NEW QUESTION 35
Financial Advisors can create a financial goal to track a client's progress toward major purchases, retirement savings, or other life goals. Which statements are correct?
- A. You can associate a goal with a specific financial account.
- B. You can only create savings-oriented goals.
- C. Financial Goals require the Financial Goals permission set to be visible to a user.
- D. You can't create a goal for paying down a debt.
Answer: B,D
NEW QUESTION 36
How can a system administrator restrict users from viewing certain fields in list views, searches, page layouts and reports?
- A. Remove the field from page layouts
- B. Remove the field from reports and list views
- C. Set the field to hidden using field-level security
- D. Set the field to hidden on the user role
Answer: C
NEW QUESTION 37
Person accounts store information about individual people by combining certain account and contact fields into a single record. Using the Object Manager, on which Object do you configure the Person Account Page Layout?
- A. The Person Account Object
- B. The Person Account Record Type on the Contact Object
- C. The Person Account Record Type on the Account Object
Answer: A
NEW QUESTION 38
......
VCEEngine just published the Salesforce Financial-Services-Cloud exam dumps!: https://www.vceengine.com/Financial-Services-Cloud-vce-test-engine.html
For your comfort, VCEEngine provides you the convenience of free Accredited Professional braindumps demo: https://drive.google.com/open?id=1zVJG9th5Ug82fsjLf58GkW75fmRLAC4e
