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Salesforce Financial-Services-Cloud (FSC) Accredited Professional Certification Exam is an important certification for professionals in the financial services industry who are looking to enhance their skills and knowledge of the Salesforce platform. By passing the exam, professionals can demonstrate their expertise in using the Salesforce platform to manage customer relationships, financial accounts, and financial products. Salesforce Financial Services Cloud (FSC) Accredited Professional certification offers a range of benefits, including career advancement, access to a community of certified professionals, and increased credibility with clients and employers.
Salesforce Financial Services Cloud (FSC) Accredited Professional Sample Questions (Q93-Q98):
NEW QUESTION # 93
For which three objects are Rollup By Lookup (RBL) summaries are available?
- A. Assets and Liabilities
- B. Claims
- C. Life Events
- D. Financial Accounts
- E. Contacts
Answer: A,D,E
Explanation:
Rollup By Lookup (RBL) summaries are available for the following objects:
Financial Accounts, which are records that represent financial products or services that a client owns or uses1.
Assets and Liabilities, which are records that represent the value of what a client owns or owes1.
Contacts, which are records that represent individuals who are associated with an account3.
NEW QUESTION # 94
What should a Financial Advisor use to model the relationship between a business contact and a client that is modeled as a person account?
- A. Account-Contact Relationship and the Reciprocal Role
- B. Account-Account Relationship
- C. Contact-Contact Relationship and the Reciprocal Rote
- D. Reciprocal Role
Answer: C
Explanation:
Explanation
A Contact-Contact Relationship is a construct in Financial Services Cloud that allows you to model the relationship between two contacts, such as a business contact and a client that is modeled as a person account.
The Reciprocal Role is a field on the Contact-Contact Relationship object that defines how each contact relates to the other. Verified References: : Salesforce Financial Services Cloud Implementation Guide, page 64.
NEW QUESTION # 95
Rollup summary fields aren't available in a Partial Copy sandbox. What is one way you can solve for this limitation?
- A. Contact Salesforce to enable Rollup Summary fields in the partial sandbox
- B. Create a Full sandbox or install the Financial Services Cloud managed package in a Partial Copy sandbox
- C. Configure Rollup Summary using Formula fields
Answer: B
NEW QUESTION # 96
A financial services company would like its users to be able to relate two business accounts. Whatshould the administrator configure to meet the requirement?
- A. Create a new Contact Reciprocal Role for the required value.
- B. Update the Role picklist on the Account-Account Relationship object with new value.
- C. Create a new Account Reciprocal Role for the required value.
- D. Update the Role picklist on the Account-(?ontact Relationship object with new value.
Answer: B
Explanation:
To configure Financial Services Cloud to allow users to relate two business accounts, the administrator should update the Role picklist on the Account-Account Relationship object with new value. The Role picklist is a field onthe Account-Account Relationship object that defines the type of relationship between two accounts, such as Household Member, Business Owner, Trustee, or Friend. The Role picklist is used to filter and display the account-account relationships in the Actionable Relationship Center (ARC). To update the Role picklist, you need to go to Setup > Object Manager > Account-Account Relationship > Fields & Relationships
> Role and add or remove values according to your business needs. Verified References: : Salesforce Help Article [10] : Salesforce Help Article [11]
NEW QUESTION # 97
Cumulus Insurance has created a Delegated Administrator group for its franchise users to reduce the workload on head office support staff.
Which three functions should be added to the Delegated Administrator group?
- A. Create and manage membership of specified public groups.
- B. Assign or remove permission sets for users in their delegated groups.
- C. Set organization-wide sharing defaults on custom objects.
- D. Modify permission sets.
- E. Unlock users.
Answer: A,B,E
Explanation:
The following functions should be added to the Delegated Administrator group for its franchise users:
Unlock users, which is a function that allows delegated administrators to unlock users who have been locked out due to incorrect login attempts or password expiration.
Assign or remove permission sets for users in their delegated groups, which is a function that allows delegated administrators to grant or revoke additional permissions for users in their delegated groups by using permission sets.
Create and manage membership of specified public groups, which is a function that allows delegated administrators to create public groups for sharing purposes and add or remove users from those groups.
NEW QUESTION # 98
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