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Salesforce Financial Services Cloud Accredited Professional Sample Questions:

1. Planter Farm Credit Union provides loan and insurance products to farmers who operate individually as well as in collaboration with other neighboring farms & farmers. The collaboration can be seasonal or for a limited timeframe. What construct in Financial Services Cloud is most appropriate to represent such collaborative customer business operations?

A) Standard Household
B) Custom Relationship Group
C) Contact-Contact Relationship
D) Account with Record Type = Business

2. 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

3. Which two limitations should a Salesforce Administrator consider before enabling Person Accounts?

A) Person Accounts cannot be disabled once they were enabled
B) Person Accounts can be enabled and disabled only by contacting Salesforce Support
C) AppExchange packages will not work if Person Accounts are enabled
D) Creating a client record via Salesforce Inbox is not supported.

4. During a Financial Services Cloud implementation at an insurance company, a consultant needs to design a broker data model for the broker web portal. The given requirements are:
1. Brokers are treated individually, even if they are associated with the same company.
2. Brokersshould never have access to other brokers' data.
3. Brokers can nominate their assistants to access the broker portal.
4. An assistant can sometimes work for multiple brokers.
Which two considerations should the consultant consider regarding the data model?

A) Brokers should be modeled as Contact and the Broker company should be modeled as Account,even if they're a legal entity '-' individually.
B) The Broker Assistant should bemodeled as a Contact. Then, use Contact to Contact association if they need work for multiple D Brokers.
C) The Broker Assistant should be modeled as a Contact. Then, leverage Contact to Multiple Account features if this assistant needs to work for multiple brokers.
D) Brokers need to be modeled as Account and Contact individually, as each broker is a legal entity in Salesforce. Then, use a Group 1-1 Account to model their company.

5. Which three permission sets grant access or extend permissionsfor record alerts in Financial Services Cloud (FSC)?

A) FSC Standard permission set
B) FSC Foundations permission set
C) FSC Basic permission set
D) OmniStudio Admin permission set
E) OmniStudio User permission set

Solutions: