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Salesforce Financial Services Cloud Accredited Professional Sample Questions:

1. A wealth advisor is trying to relate a client to their attorney using the Add Contact option on the relationship tree but can't find any reciprocal roles displayed in the related role lookup. What are two reasons for this?

A) Sharing rules have not beenset up for reciprocal roles.
B) The user should be using the Member Relationship button under the Actionable Relationship Center.
C) The user should be using the Edit Group button to access reciprocal roles.
D) Reciprocal roles have not been created in the org.

2. A financial services company wants to use the Financial Services Cloud Person Account data model. The company needs two Person Account record types, one to represent Individual customer and one to represent Individual independent advisors that send referrals.
What should the administrator do to set up the new record types?

A) Configure Individual Record Type Mapper" custom metadata.
B) Create a record type on the Contact object.
C) Enable "Use Person Account" custom setting.
D) Create custom fields on the Person Account object.

3. A client has called their Financial Advisor to open an Education Savings Account for their first child. What 2 steps should the Financial Advisor take in the Financial Services Cloud App to capture that information?

A) Create a Life Event for the birth of the child and a Financial Goal for the Education Savings Account
B) Create a case and include the target Savings amount for the Education Savings Account and relate the case to the child's Person Account.
C) Create two Life Events, one for the birth of the child and one for the Education Savings Account.
D) Create a Referral for the Banker for an Education Savings Account
E) Create a Life Event for the birth of the child and a Referral for the Education Savings Account

4. What are two language-related limitations of Financial Services Cloud?

A) Flows are available only in English.
B) Referral record type labels are supported only in English.
C) Predefined reciprocal roles are available only in English.
D) Custom component labels are supported only in English.

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

Solutions: