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Latest Financial-Services-Cloud Test Dumps | Financial-Services-Cloud Exam Consultant
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The FSC Accredited Professional exam is administered by Salesforce, the world's leading customer relationship management (CRM) software provider. Salesforce has a reputation for delivering high-quality, industry-specific solutions that help businesses of all sizes achieve their goals. The FSC platform is no exception, and the FSC Accredited Professional exam is one of the most comprehensive and respected certifications in the financial services industry.
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Salesforce Financial Services Cloud (FSC) Accredited Professional Sample Questions (Q49-Q54):
NEW QUESTION # 49
The Salesforce Administrator at Lake Tahoe Bank is asked at make modifications to the Salesforce org to allow for more than one people being joint owners on a Financial Account. What will be the recommended approach to model this requirement?
- A. Create lookup fields on the Financial Account object to support additional owners
- B. Map additional owners using the Financial Account Role.
- C. Map additional owners using the Actionable Relationship Center.
- D. Map the primary owner and one joint owner to the Financial Account, because FSC, supports only two joint account owners.
Answer: B
Explanation:
To model a requirement where more than one person can be joint owners on a Financial Account, the Admin can map additional owners using the Financial Account Role. The Financial Account Role is a junction object that links a contact or an individual to a financial account and defines their role or relationship with that account. By using Financial Account Role, the Admin can add multiple owners to a Financial Account and specify their ownership percentage, primary status, and other details.
NEW QUESTION # 50
What can be done with a workflow field update action? (2 answers)
- A. Update the value of a formula field
- B. Apply a specific value to a field
- C. Change the record type of a record
- D. Update the value of a field on a child object
Answer: B,C
NEW QUESTION # 51
During the design phase of a project, a consultant needs to provide a Financial Services Cloud (FSC) solution for a business requirement that forces a customer to answer a number of assessment questions to complete the onboarding process.
What are three things to consider regarding Discovery Framework?
- A. Discovery Framework forms cannot be deployed to Communities,
- B. Discovery Framework creates highly capable forms with integrations and advanced logic.
- C. Discovery Framework is built based on Salesforce Flow.
- D. Discovery Framework can create both standard and hierarchical questions.
- E. FSC Discovery Framework allows archiving questions.
Answer: B,D,E
Explanation:
Explanation
Discovery Framework is a scalable assessment framework that financial institutions use to gather and evaluate customer information through digital and human channels. Some of the things to consider regarding Discovery Framework are:
Discovery Framework creates highly capable forms with integrations and advanced logic. The forms can be customized with various types of questions, validations, calculations, branching, and integrations with external systems1.
Discovery Framework can create both standard and hierarchical questions. Standard questions are single-level questions that can be grouped into sections. Hierarchical questions are multi-level questions that can have subquestions based on the answer to the parent question2.
FSC Discovery Framework allows archiving questions. Archiving a question removes it from the active question pool and prevents it from being added to new forms. Archived questions can be restored if needed3.
References:
Discovery Framework
Create Questions for Discovery Framework
Archive Questions for Discovery Framework
NEW QUESTION # 52
What steps does the Salesforce Administrator have to take to create a new Business Milestone Type?
- A. In the Lightning Page Editor add the new Milestone Type to the Life Events & Business Milestones Lightning component
- B. Find Business Milestone using the Object Manager and add a new picklist value on the Milestone Type Field
- C. In the Object Manager go to the Business Milestone object and create a new field using the name of the new milestone.
- D. Find Person Life Event using the Object Manager and add a new picklist value on the Milestone Type Field.
Answer: A
NEW QUESTION # 53
Lake Tahoe Bank branch manager Sue Berry 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 make it easy to create reports and dashboards, so you can monitor progress and ensure compliance.
- C. Action Plans can be used to schedule appointments with the Bankers.
- D. Action Plans require a monthly license fee per user
- E. When you work with Action Plans, you first create Action Plan Templates.
Answer: C
NEW QUESTION # 54
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