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Salesforce Financial Services Cloud Accredited Professional Sample Questions:

1. The Salesforce Admin of Lake Tahoe Wealth Management Company needs to update an existing, published Action Plan Template to accommodate a change in the firm's annual clientreview process. What steps should the Admin take to make that change?

A) Clone the existing Action PlanTemplate and make any necessary changes on the new Action Plan Template.
B) Set the Action Plan Template to "Inactive" and then make changes to the template, as necessary.
C) Edit the published Action Plan Template directly.

2. Rachel Addams belongs to two households:
1. The Addams household where Rachel lives with her spouse, Nigel Addams. Rachel is the client and, as such, is listed as the primary member of that household. This household is also Rachel's primary group.
2. The Symonds household. This household belongs to Rachel's parents, but Rachel manages their finances.
Rachel is considered the beneficiary of this household.
In addition, Rachel's household has a related account, the Addams Charitable Trust, and a related contact, Ivan M. Kohl, attorney at law.
What should be the relationships between the parties when the Financial Services Cloud consultant sets up Rachel's person account?
1.Primary Group Household - Addams Household
Primary Member - Rachel Addams
Spouse - Nigel Adams
Trustee - Addams Charitable Trust
Household - Symonds Household
Primary Member - Neil Symonds
Beneficiary - Rachel Addams
Related Accounts - Addams Charitable Trust
Related Contacts - Ivan M. Kohl
A financial services company needs to transform the individual data model to person accounts in Financial Services Cloud (FSC), and its consulting partner is helping decide the sequence of the user stories in the design phase.
What should the implementation team do as the top priority during planning?

A) Enable a person account in a sandbox.
B) Enable person accounts in FS
C) Configure Person Account record types.
D) Perform a data backup.

3. Which three processes are part of Claims Management?

A) Underwriting
B) Reserve Management
C) Payment
D) Auto Adjudication
E) Quoting

4. Which 3 out of the box capabilities come with Financial Services Cloud Lead & Referral Management?

A) Referral Automated Approvals
B) Assigning a Referral
C) Round Robin Referral Routing
D) Accepting a Referral
E) Referral Conversion

5. An investment bank client wants all its users to track client engagements with Interaction Summaries. In addition, those call logs need to be shared with specialists in other lines of business so they can assist in specific types of deals.
Which three Financial Services Cloud standard objects should be used to help accommodate these business requirements?

A) Interaction Summary Participant
B) Financial DealParticipant
C) Participant Role
D) Interaction Participant
E) Opportunity Participant

Solutions: