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[General] Financial-Services-Cloud Accurate Answers, Financial-Services-Cloud Latest Test

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【General】 Financial-Services-Cloud Accurate Answers, Financial-Services-Cloud Latest Test

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Salesforce Financial-Services-Cloud (FSC) Accredited Professional Certification Exam is an excellent opportunity for financial services professionals to demonstrate their knowledge and skills in using the Salesforce Financial Services Cloud. Salesforce Financial Services Cloud (FSC) Accredited Professional certification is recognized globally and can help candidates advance their careers in the financial services industry. With its comprehensive coverage of all aspects of the platform, this certification exam is an essential tool for anyone looking to improve their skills in managing their clients' finances.
Salesforce Financial Services Cloud (FSC) Accredited Professional Sample Questions (Q48-Q53):NEW QUESTION # 48
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. ARC displays up to 5 related lists that have a configured compact layout.
  • C. To enable users to see the ARC, you will need to add the component for ARC to the page layout.
  • D. The Association Type picklist controls the account-account relationship that display in the ARC.
  • E. The Salesforce Admin has to create a permission set for granting access to the ARC - FSC Lightning component.
Answer: C,D,E

NEW QUESTION # 49
Which three insurance processes are managed by the Policy Administration component?
  • A. Approvals
  • B. Endorsements
  • C. Payments
  • D. Commissions
  • E. Underwriting
Answer: A,B,C
Explanation:
Explanation
The following insurance processes are managed by the Policy Administration component:
Payments: Payments are the amounts that a policyholder pays to an insurance company for a policy or a claim. You can use the Policy Administration component to manage the payment schedules, methods, and statuses for your policies and claims. You can also use the Policy Administration component to integrate with external payment systems and track the payment transactions and balances for your policies and claims.
Approvals: Approvals are the processes that an insurance company follows to review and authorize a policy or a claim. You can use the Policy Administration component to configure and automate the approval workflows, rules, and criteria for your policies and claims. You can also use the Policy Administration component to assign approvers, send notifications, and monitor the approval statuses and histories for your policies and claims.
Endorsements: Endorsements are the changes or modifications that a policyholder requests or an insurance company makes to a policy. You can use the Policy Administration component to manage the endorsement requests, types, and statuses for your policies. You can also use the Policy Administration component to update the policy details, coverages, premiums, or terms based on the endorsements for your policies. Verified References: : Salesforce Help Article [9] : Salesforce Help Article [10] :
Salesforce Help Article [11]

NEW QUESTION # 50
Agents for an insurance company need to know the current and past weather conditions when creating customer claims. The consultant implements a Flex Card for weather conditions in the console to ensure the agents can access the information. The Flex Card needs to provide fields extracted from a weather API and an account field from Salesforce.
Which method should the consultant use, according to best practices?
  • A. APEX classes
  • B. Data Raptor Extract
  • C. Streaming API
  • D. Integration Procedure
Answer: D
Explanation:
Reference: Integration Procedure | Vlocity Developer Docs
Explanation: An Integration Procedure is a feature of Vlocity that allows users to create and execute data integration tasks betweenSalesforce and external systems. An Integration Procedure can perform various operations, such as extract, transform, load, query, or update data from different sources and targets. An Integration Procedure can also invoke other Vlocity features, such as DataRaptors, OmniScripts, or Calculations.
To implement a Flex Card for weather conditions in the console, the consultant should use an Integration Procedure that can do the following steps:
Query the weather API using an HTTP action and pass the accountaddress as a parameter.
Extract the relevant fields from the weather API response, such as temperature, humidity, precipitation, etc.
Query the account field from Salesforce using a DataRaptor Extract action and pass the account ID as a parameter.
Merge the weather API fields and the account field into a single data set using a List Merge action.
Return the data set to the Flex Card using a Return action.

NEW QUESTION # 51
Which three of these statements are true for Rollup By Lookup (RBL) in Financial Services Cloud?
  • A. Person Accounts need to be enabled in order to use the Rollup by Lookup functionality.
  • B. RBL rules do not require a lot of processing power.
  • C. The Rollup By Lookup (RBL) configuration updates the corresponding RBL summaries at the diem and group levels
  • D. Salesforce does not recommend or provide support for creation or customization of Financial Services Cloud RBL rules
  • E. An RBL (Rollup By Lookup) rule displays summary calculations of financial account information, such as account balances.
Answer: C,D,E

NEW QUESTION # 52
A financial services company offers special deposit products for its employees. These employees have customer records in Salesforce so that they can be serviced like normal customers. Only customer service employees within a specific group should be able to see these special deposit products in Salesforce to protect the personal financial information of bank employees.
How should the administrator configure sharing rules in Financial Services Cloud to meet these requirements?
  • A. Create a Financial Account sharing rule based on criteri
  • B. Create an Account sharing rule based on record owner.
  • C. Create Account sharing rules based on criteria.
  • D. Create a Financial Account sharing rule based on record owner.
Answer: A
Explanation:
Explanation
To meet the requirements of sharing special deposit products for employees, the administrator should create a Financial Account sharing rule based on criteria. A Financial Account sharing rule is a sharing rule that grants access to financial account records based on record owner or field values. A sharing rule based on criteria is a type of sharing rule that grants access to records that meet certain criteria. By creating a Financial Account sharing rule based on criteria, the administrator can share the special deposit products with the customer service employees within a specific group based on a field value that indicates the product type.

NEW QUESTION # 53
......
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