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Salesforce Financial Services Cloud Accredited Professional Sample Questions:

1. During a project's design phase, a consultant must provide a Financial Services Cloud solution that can support CompliantData Sharing (CDS). What are three things the consultant should consider regarding CDS?

A) Role Hierarchy-based sharing is disabled bydefault in CDS.
B) In a standard Salesforce org, Role Hierarchy for Account and Opportunity objects is enabled by default and can't be turned off.
C) Compliance managers and Salesforce administrators can enable CDS for Account and Opportunity objects.
D) A financial services company wants to track different categories of financial accounts in its org.
Relationship managers must be able to see all of these financial accounts in one place on the customer's Account record page grouped by categories. Which three steps should an administratortake to configure the Financial Account object and the Account Lightning record page to meet the design?
E) Participant Roles provide another way to grant data access without overwriting sharing behavior from existing sharing features.

2. A financial institution is concerned about contacting clients or sharing their data when they have requestednot to be contacted.
Which action should the consultant take in Financial Services Cloud to address the institution'sconcern?

A) Enable and implement the iate Regulation checkbox on the client record to track their request.
B) Hide the client's contact informationand add an approval process for allowing a user to access it to contact the client.
C) Implement Consent Management for Financial Services Cloud.
D) Integrate the Consent object with their Consent Platform to track it in Salesforce.

3. Early in the discovery and solution meetings, it was determined that the client would primarily use out-of-the- box Financial Services Cloud (FSC) objects and components with minimal custom objects needed. In addition, it was decided that records should be private, but the managerial chain would require visibility into all their direct reports' records.
Which three security settings must be set up in Salesforce to meet these requirements?

A) Organization-wide sharing defaults should be set to meet sharing requirements for all objects in use.
B) Only Custom Profiles should be configured and assigned to all users to use FSC components and field- level security. The ^ administrator should configure custom profiles and assign them to all users
C) The Role Hierarchy in setup should be configured to allow for managers to automatically see records of those under them.
D) Each object sharing should be set up, explicitly sharing each user's record with the manager.
E) Custom permission sets and out-of-the-boxFSC permission sets should be configured or updated and assigned to all users for the use of FSC components and field-level security.

4. The Salesforce Administrator for Lake Tahoe Bank is receiving a report that a members FinancialAccount 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) EnsureRollUpByLookup Configuration is Active
B) Ensure the Primary Group flag in the Account record is checked.
C) Ensure that the member is the Primary Member in that Household
D) Ensure a RollUpByLookup batch job is scheduled to run every 15 mins.
E) Ensure the reported Household is the Primary Group for the member

5. 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) An RBL (Rollup By Lookup) rule displays summary calculations of financial account information, such as account balances.
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) RBL rules do not require a lot of processing power.

Solutions: