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Salesforce Financial Services Cloud Accredited Professional Sample Questions:

1. A financial services company needs a custom field for reporting when relating two-person accounts to each other. Which object should the Financial Services Cloud consultant configure the custom field on?

A) Person Account
B) Account Contact Relationship
C) Contact-Contact Relationship
D) Account Account Relationship

2. Which Salesforce Financial Services Cloud feature enables financial advisors to track and manage clientaccounts?

A) Client onboarding
B) Performance reporting
C) Opportunity management
D) Financial accounts management

3. Lake Tahoe Bank has been using Sales Cloud to support the business to consumer (B2C) activities. The VP of IT wants a better and more flexible data model that can supporthis B2C Banking use cases. He is considering upgrading to Financial Services Cloud, using Person Accounts. Which 2 of these statements are true for the Financial Services Cloud Person Account Data Model?

A) Person Accounts can be merged with Business Accounts in Financial Services Cloud
B) The Person Account is a virtual object displaying data from Accounts and Contacts objects. It represents all aspects of the person and includes D data such date of birth or tax ID number.
C) The Person Account record type can be used when a client is an agent for a broker firm that is doing business with the Financial Institution.
D) The Person Account model uses the standard Account object to hold all of the details about a person The Account object has been extended " with custom fields and a Person Account Record Type
E) To share a Person Account record the admin will need to create sharing rules Account and Contact objects

4. Which three record type options should an advisor configure for a Lead object configuration?

A) Referral
B) Adjustments
C) Opportunity
D) Retirement Planning
E) General

5. While working for an insurance client implementing Financial Services Cloud, an API integration between Salesforce and a risk control system has been configured. The consultant is asked to ensure the correct profiles and permissions were set up for this connection. Which two steps should the consultant take?

A) Create a dedicated Integration User.
B) Assign the integration user to the System Administrator profile.
C) Update the System Administrator profile to include the API Only User.
D) Create a new customprofile and ensure API Only is selected.

Solutions: