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To become proficient in Salesforce FSC, individuals can take the Salesforce Financial Services Cloud (FSC) Accredited Professional Exam. Financial-Services-Cloud exam tests the candidate's knowledge and skills in using the FSC platform to help financial advisors manage their clients' finances effectively. Passing Financial-Services-Cloud Exam is a requirement for individuals who want to earn the Salesforce FSC Accredited Professional certification. Salesforce Financial Services Cloud (FSC) Accredited Professional Sample Questions (Q75-Q80):NEW QUESTION # 75
Which chart type can be used to display summary values from two different levels of grouping in a report. (2 answers)
A. Stacked bar chart
B. Donut chart
C. Grouped line chart
D. Funnel chart
Answer: A,C
NEW QUESTION # 76
During the delivery stage of a Financial Services Cloud (FSC) implementation, a consultant needs to think about how to utilize FSC-related objects. Which three things should the consultant consider when adopting such objects?
A. Interaction Summary is an enhancement of the standard Activity object. FSC implementations should use Interaction Summary as a replacement for the Activity object.
B. Role Hierarchy-based sharing can be disabled for the Financial Deal object but can't be disabled for the Opportunity object.
C. In a household, each of the household members is modeled as a Person Account and the household ismodeled as an Account.
D. In a household, each household member is modeled as a Contact, and the household is modeled as an Account.
E. Both the Financial Deal object and the Opportunity object support Compliant Data Sharing.
Answer: B,D,E
Explanation:
Reference: Set Up Clients, Households, and Relationships, Compliant Data Sharing in Financial Services Cloud | Salesforce Trailhead, Track Client Interactions - Salesforce Explanation: Some considerations when adopting FSC-related objects are:
In a household, each household member is modeled as a Contact, and the household is modeled as an Account. A household is a type of relationship group that represents a group of clientswho have a direct relationship with one another and shared financials, such as spouses and their dependent children. A household is modeled as an Account record with a custom record type of Household. Each household member is modeled as a Contact record that is related to the household Account. A household can also have related accounts and contacts that are not part of the household, but are associated with it for some reason.
Both the Financial Deal object and the Opportunity object support Compliant DataSharing. Compliant Data Sharing (CDS) is a feature of FSC that allows granular control over access to sensitive data in Account and Opportunity objects. CDS can help financial services companies comply with regulations and policies that restrict data visibility based on user roles. CDS can also be enabled for the Financial Deal object, which is a custom object that represents a business opportunity or transaction with a client. The Financial Deal object can be used instead of or in addition to the Opportunity object, depending on the business needs.
Interaction Summary is an enhancement of the standard Activity object. FSC implementations should use Interaction Summary as a replacement for the Activity object. Interaction Summary is a custom object that captures the details of a client interaction, such as a meeting, a call, or an email. Interaction Summary can be linked to other FSC objects, such as Financial Accounts, Financial Goals, Financial Deals, or Relationship Groups. Interaction Summary can also have participants, which are records that represent the people or groups involved in the interaction.
NEW QUESTION # 77
The Salesforce Administrator for Lake Tahoe Bank is receiving a report that a member's Financial Account Balances are not adding up to the Financial Summary field in the related Household. Which two steps should the admin take to troubleshoot the issue?
A. Ensure that the member is the Primary Member in that Household.
B. Ensure a RollUpByLookup batch job is scheduled to run every 15 mins.
C. Ensure the Primary Group flag in the Account record is checked
D. Ensure the reported household is the Primary Group for the member.
E. Ensure RollupByLookup Configuration is Active.
Answer: D,E
NEW QUESTION # 78
Which tool to use to import data exceeding 50,000?
A. Data Import Wizard
B. Data Loader
Answer: B
NEW QUESTION # 79
Which Salesforce Financial Services Cloud feature enables financial advisors to track and manage client accounts?
A. Client onboarding
B. Opportunity management
C. Performance reporting
D. Financial accounts management
Answer: D
Explanation:
Explanation
Financial accounts management is a Salesforce Financial Services Cloud feature that enables financial advisors to track and manage client accounts. A financial account is any account managed by a financial institution, such as a bank, an insurance company, or an investment firm. Financial Services Cloud supports many kinds of financial accounts, such as checking accounts, savings accounts, mortgages, credit cards, investment accounts, insurance policies, and more3. Financial advisors can use Financial Services Cloud to view, create, update, and delete financial accounts for their clients, as well as link them to other objects, such as households, goals, referrals, or opportunities4.
References:
Financial Accounts
Manage Financial Accounts
NEW QUESTION # 80
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