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[General] 100% Pass Salesforce - New Financial-Services-Cloud Test Cost

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【General】 100% Pass Salesforce - New Financial-Services-Cloud Test Cost

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The FSC Accredited Professional Certification Exam covers a wide range of topics, including financial services industry trends, insurance and banking products, and the Salesforce Financial Services Cloud platform's features and functions. Financial-Services-Cloud Exam is designed to test an individual's knowledge of the platform's capabilities and how they can be used to solve real-world financial services problems. Financial-Services-Cloud exam is also designed to test an individual's ability to customize the platform to meet the unique needs of their customers, as well as their ability to manage data and compliance requirements. Overall, the FSC Accredited Professional Certification Exam is an excellent way for professionals to demonstrate their expertise in financial services and Salesforce, which can help them advance their careers and increase their earning potential.
Salesforce Financial-Services-Cloud Exam Syllabus Topics:
TopicDetails
Topic 1
  • Delivery: This topic evaluates the ability to implement the finalized FSC design. Salesforce financial services consultants demonstrate proficiency in setting up user interfaces, permissions, and integration tools. Additionally, they leverage automation, reporting, and dashboard-building skills to align with defined success criteria. This ensures the consultant's readiness for delivering effective FSC deployments.
Topic 2
  • Define
  • Design: This topic focuses on designing tailored solutions using the FSC data model, best practices, and modules to meet specific business requirements. Salesforce financial services consultants learn to identify necessary objects, relationships, and system flows while considering organizational security, territory hierarchies, and multilingual capabilities. Skills in sprint prioritization, data migration strategy, and aligning processes to future state designs are assessed as well.
Topic 3
  • Discovery: In this topic, Salesforce financial services consultants learn to assess and document customer needs, value propositions, and visions for Financial Services Cloud (FSC) solutions. Key skills involve analyzing current business processes, understanding architectural flows, and determining how FSC capabilities align with existing systems. This measures the consultant's ability to accurately map customer goals to FSC functionalities for optimal outcomes.

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Salesforce Financial Services Cloud (FSC) Accredited Professional Sample Questions (Q122-Q127):NEW QUESTION # 122
A System Administrator has received a note from one of the portfolio managers that the Actionable Relationship Center (ARC) is not visible when the portfolio manager was trying to set up relationships between two accounts. The portfolio manager has also mentioned that other colleagues in the same role have access to it and are able to use it to manage their customer's relationships. What is a possible cause for this?
  • A. The portfolio manager has not been given the permissions that enable users to view and manage ARC
  • B. The ARC Component has not been added to the page layout
  • C. The portfolio manager does not have access to the account records that he is trying to create for.
  • D. The portfolio manager does not have access to the Lightning page that has the ARC component added
Answer: A
Explanation:
Explanation
A possible cause for why the portfolio manager cannot see ARC when trying to set up relationships between two accounts is that he has not been given the permissions that enable users to view and manage ARC. To access ARC, users need to have certain permissions and settings enabled in their user profile or permission set, such as:
View Setup and Configuration
Customize Application
Manage Custom Permissions
Financial Services Cloud Standard User
Financial Services Cloud Admin If any of these permissions or settings are missing, users may not be able to see or use ARC properly. Verified References: : Salesforce Help Article 5

NEW QUESTION # 123
A financial services company wants to use the Financial Services Cloud Person Account data model. The company needs two Person Account record types, one to represent Individual customer and one to represent Individual independent advisors that send referrals.
What should the administrator do to set up the new record types?
  • A. Configure Individual Record Type Mapper" custom metadata.
  • B. Create custom fields on the Person Account object.
  • C. Enable "Use Person Account" custom setting.
  • D. Create a record type on the Contact object.
Answer: A
Explanation:
To set up the new record types for Person Accounts, the administrator should configure Individual Record Type Mapper custommetadata. The Individual Record Type Mapper is a custom metadata type in Financial Services Cloud that defines how records are created when using certain features, such as Einstein Data Capture or Salesforce Inbox. The Individual Record Type Mapper maps Person Account record types to Individual record types, so that when a new Individual record is created from an email or calendar event, it automatically creates a corresponding Person Account record with the same record type. To configure Individual RecordType Mapper custom metadata, you need to go to Setup > Custom Metadata Types > Individual Record Type Mapper > Manage Records and create a new record for each Person Account record type and its matching Individual record type. Verified References: : Salesforce Help Article [8] : Salesforce Help Article [9]

NEW QUESTION # 124
A financial services company needs a custom field for reporting when relating two business accounts to each other. Which object should the administrator configure the custom field on?
  • A. Account
  • B. Account ContactRelationship
  • C. Account Account Relationship
  • D. Contact-Contact Relationship
Answer: C
Explanation:
Explanation
To configure a custom field for reporting when relating two business accounts to each other, the administrator should configure the custom field on the Account-Account Relationship object. The Account-Account Relationship object is a custom object in Financial Services Cloud that allows you to create and manage relationships between two accounts, such as Household Member, Business Owner, Trustee, or Friend. You can use the Account-Account Relationship object to store additional information about the relationship between two accounts, such as role, start date, end date, or status. You can also use the Account-Account Relationship object to report on the account-account relationships and analyze their impact on your business. Verified References: : Salesforce Help Article [4] : Salesforce Help Article [5]

NEW QUESTION # 125
Lake Tahoe Bank branch manager Sue Barry wants to encourage all Personal Bankers to use Action Plans to capture repeatable tasks and automate the task sequences, improving collaboration and productivity. Which three of the following statements about Action Plans are true?
  • A. Action Plans can be used to automatically assign task owners and deadlines for specific client engagements
  • B. Action Plans require a monthly license fee per user
  • C. Action Plans make it easy to create reports and dashboards, so you can monitor progress and ensure compliance
  • D. Action Plans can be used to schedule appointments with the Bankers
  • E. When you work with Action Plans, you first create Action Plan Templates
Answer: A,C,E
Explanation:
The following statements about Action Plans are true:
When you work with Action Plans, you first create Action Plan Templates, which are reusable sets of tasks that define a common client process1.
Action Plans make it easy to create reports and dashboards, so you can monitor progress and ensure compliance. Users can use standard report types or custom report types to create reports on action plans, action plan templates, action plan items, action plan item templates, and action plan item owners1.
Action Plans can be used to automatically assign task owners and deadlines for specific client engagements. Users can specify task owners by using assignment logic such as specific user, role, queue, action plan creator, or account team1. Verified Reference: 1

NEW QUESTION # 126
The Salesforce Administrator for Lake Tahoe Bank is receiving a report that a members 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 RollUpByLookup Configuration is Active
  • C. Ensure a RollUpByLookup batch job is scheduled to run every 15 mins.
  • D. Ensure the reported Household is the Primary Group for the member
  • E. Ensure the Primary Group flag in the Account record is checked.
Answer: B,D
Explanation:
To troubleshoot the issue of Financial Account Balances not adding up to the Financial Summary field in the related Household, the Admin should take the following steps:
Ensure RollUpByLookup Configuration is Active, which is a custom setting that enables or disables the Rollup By Lookup (RBL) feature. RBL is a feature that allows users to aggregate data from financial accounts and display it at the client and group levels1.
Ensure the reported Household is the Primary Group for the member, which is a field on the Account object that indicates whether an account is the primary group for a contact or an individual. The primary group determines which financial summary fields are displayed on the contact or individual page2. Verified Reference: 12

NEW QUESTION # 127
......
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