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[General] AP-208 Reliable Practice Questions, Test AP-208 Score Report

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【General】 AP-208 Reliable Practice Questions, Test AP-208 Score Report

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Customizable Financial Services Cloud Accredited Professional (AP-208) practice exams allow you to adjust the time and Salesforce AP-208 questions numbers according to your practice needs. Scenarios of our AP-208 Practice Tests are similar to the actual AP-208 exam. You feel like sitting in the real AP-208 exam while taking these AP-208 practice exams.
Test AP-208 Score Report | AP-208 Reliable Exam SimsAfter passing the Salesforce AP-208 certification exam, you can take advantage of a number of extra benefits. With the correct concentration, commitment, and AP-208 exam preparation, you could ace this Financial Services Cloud Accredited Professional AP-208 test with ease. Prep4cram is a trusted and leading platform that is committed to preparing the Salesforce AP-208 exam candidates in a short time period.
Salesforce Financial Services Cloud Accredited Professional Sample Questions (Q76-Q81):NEW QUESTION # 76
A company wants to convert its Salesforce Financial Services Cloud implementation from using the individual account model to using person accounts.
Which three things should a consultant do to prepare for the conversion?
  • A. Update all opportunities linked to individual account records to be owned by the individual account record's owner.
  • B. Test out the conversion in a sandbox, including all integrations and customizations.
  • C. Ensure all individual account records to be converted are only linked to exactly one contact record.
  • D. Ensure each account.phone field in the individual account record is blank.
  • E. Ensure each individual account to be converted is not a parent account of any other account records.
Answer: B,C,E
Explanation:
Reference: Transform the Individual Data Model to Person Accounts in Financial Services Cloud Explanation: To prepare for converting from the individual account model to person accounts in Financial Services Cloud, the consultant should do the following tasks:
Ensure all individual account records to be converted are only linked to exactly one contact record. A person account is a combination of an account and a contact record that represents an individual customer. To convert an individual account record to a person account record, the individual account record must have exactly one contact record related to it. If an individual account record hasno contact records or more than one contact records related to it, it cannot be converted to a person account record.
Test out the conversion in a sandbox, including all integrations and customizations. A sandbox is a copy of a Salesforce org that can beused for testing and development purposes. Before converting from the individual account model to person accounts in production, the consultant should test out the conversion process in a sandbox to ensure that it works as expected and does not cause any errors or issues with existing integrations and customizations.
Ensure each individual account to be converted is not a parent account of any other account records. A parent account is an account record that has one or more child accounts related to it by ahierarchical relationship. To convert an individual account record to a person account record, the individual account record must not be a parent account of any other account records. If an individual account record is a parent account of any other account records, it cannot be converted to a person account record.

NEW QUESTION # 77
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-Contact Relationship and the Reciprocal Role
  • B. Contact-Contact Relationship and the Reciprocal Rote
  • C. Account-Account Relationship
  • D. Reciprocal Role
Answer: B
Explanation:
A Contact-Contact Relationship isa construct in Financial Services Cloud that allows you to model the relationship between two contacts, such as a business contact and a client that is modeled as a person account.
The Reciprocal Role is a field on the Contact-Contact Relationship objectthat defines how each contact relates to the other. Verified References: : Salesforce Financial Services Cloud Implementation Guide, page 64.

NEW QUESTION # 78
Which of the following statements are correct when creating Financial Goals?
  • A. Users can only create savings oriented goals.
  • B. Users can associate a goal with a specific Financial Account.
  • C. Users require the Financial Goals permission set to works with Financial Goals
  • D. Users can create goals for paying down debt
Answer: D

NEW QUESTION # 79
A retail bank is using Financial Services Cloudto support its operations. The bank has received complaints that its clients' documentation is often submitted late and when clients call, customer service agents are struggling with multiple systems to determine where the documentation is.
Which solutionshould a consultant suggest the client explore?
  • A. Process Builder to create automatl&Socument requests for missing items
  • B. A Marketing Cloud integration to manage client communications
  • C. An APEX solution to leverage the SendMail capabilities of Salesforce
  • D. The Send Documents flow for Retail Banking
Answer: D
Explanation:
The solution that the consultant should suggest the client explore to improve its clients' documentation submission and tracking is the Send Documents flow for Retail Banking. The Send Documentsflow for Retail Banking is a prebuilt flow that allows users to send documents requests to clients via email and track the status of the requests in FSC. The flow uses DocuSign eSignature integration to enable clients to sign and return documents electronically. By using the Send Documents flow for Retail Banking, the consultant can help the client streamline and simplify its document management process and improve its customer service agents' efficiency

NEW QUESTION # 80
Lake Tahoe Bank's financial advisors are complaining that they can't see an accurate summary of their clients financial data as clients often change households. How can an Admin set up Financial Services Cloud to provide financial advisorswith an accurate summary of their client's financial data?
  • A. Use Process Builder to create a workflow to summarize data at the Person Account level.
  • B. Set clients financial data to be rolled up using Financial Services Cloud Primary Group.
  • C. Create a roll-up field on the Opportunity object to track client's Financial Account balance and display the summary amount on the Person Account object.
  • D. Create a custom obiect to track client's financial data
Answer: B
Explanation:
A Primary Group is a construct in FinancialServices Cloud that allows you to define the main group for a client. You can use Primary Group to roll up financial data from all the financial accounts that are related to the client or the group. This way, you can get an accurate summary of the client'sfinancial data regardless of how often they change households. Verified References: : Salesforce Financial Services Cloud Implementation Guide, page 69.

NEW QUESTION # 81
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