Get Latest [Dec-2025] Conduct effective penetration tests using FreePdfDump Financial-Services-Cloud
Penetration testers simulate Financial-Services-Cloud exam PDF
NEW QUESTION # 68
Person accounts store information about individual people by combining certain account and contact fields into a single record. Using the Object Manager, on which Object do you configure the Person Account Page Layout?
- A. The Person Account Record Type on the Contact Object
- B. The Person Account Record Type on the Account Object
- C. The Person Account Object
Answer: C
NEW QUESTION # 69
The Salesforce Admin wants to make it easier for call center agents to complete some common tasks by setting up flows and launch them from the Retail Banking Console. What does the Admin have to keep in mind when setting up Flows?
- A. To open. edit, or create a Flow in Flow Builder, the user needs the Run Flows permission.
- B. To use Financial Services Cloud Flows, you'll need the Financial Services Managed Package installed m the org and the Financial Services Cloud a permission set assigned to the user.
- C. Flows can be used to provide step-by-step guidance for address changes, without the need for then agent to navigate to different screens.
- D. To use a Flow, a user must have access to the underlying object and its field
Answer: B,C,D
NEW QUESTION # 70
A financial services company needs a custom field for reporting when relating two-person accounts to each other. Which object should the Financial Services Cloud consultant configure the custom field on?
- A. Person Account
- B. Contact-Contact Relationship
- C. Account Account Relationship
- D. Account Contact Relationship
Answer: C
Explanation:
Explanation
To configure a custom field for reporting when relating two-person accounts to each other, the Financial Services Cloud consultant should configure the custom field on the Account Account Relationship object. The Account Account Relationship object is a junction object that links two accounts together and defines their relationship type and role. By configuring a custom field on the Account Account Relationship object, the consultant can capture additional information about how two-person accounts are related to each other and use it for reporting purposes.
NEW QUESTION # 71
Lake Tahoe Bank would like to restrict their FSC users from viewing certain types of milestones that might be irrelevant to their customers or might cause negative sentiment. How can a SF implement such a requirement?
(1 correct answer)
- A. Create custom sharing rules on the Milestone object
- B. Remove the relevant permissions from the User Profile
- C. Leverage Hide Sensitive Life Event Types & Business Milestone Types
- D. Use FLS on Milestones
Answer: C
NEW QUESTION # 72
When can a validation rule be used to prevent invalid data? (3 answers)
- A. When records are updated by a workflow rule
- B. When records are edited by a user
- C. When records are submitted using web-to-lead
- D. When records are deleted by a user
- E. When records are imported
Answer: B,C,E
NEW QUESTION # 73
A financial services company would like its users to be able to relate two business accounts. What should the administrator configure to meet the requirement?
- A. Create a new Account Reciprocal Role for the required value.
- B. Update the Role picklist on the Account-(?ontact Relationship object with new value.
- C. Update the Role picklist on the Account-Account Relationship object with new value.
- D. Create a new Contact Reciprocal Role for the required value.
Answer: C
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 on the 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 Reference: : Salesforce Help Article [10] : Salesforce Help Article [11]
NEW QUESTION # 74
Which field settings can you control in the Page Layout Editor? (3 answers)
- A. Required
- B. Visible
- C. Dependent
- D. Controlling
- E. Read only
Answer: A,B,E
NEW QUESTION # 75
How are identification documents, other assets, liabilities, goals, and revenue modeled, in an existing Financial Services Cloud org using the individual account model?
- A. Document, Note, and Attachment objects are used to represent other assets, liabilities, and goals. In the individual model, these objects are related to the person account.
- B. Assuming there are no other issues, what should happenwhen the administrator uploads the import file?
The Attachment object is used to represent other assets, liabilities, and goals. In the individual model, these attachments are related to the Account object. - C. An administrator is logged in to Data Loader with their own credentials to insert new Business Account records into their Salesforce environment. They forget to specify the Account Owner field in the import file.
- D. Custom obiects are used to represent other assets, liabilities, and goals. In the individual model, these objects are related to the Account oJ Nj.
Answer: B
Explanation:
In an existing Financial Services Cloud org using the individual account model, custom objects are used to represent other assets, liabilities, and goals. These objects are related to the Account object via lookuprelationships. For example:
The Other Asset object is used to represent non-financial assets owned by an account holder, such as real estate properties, vehicles, or jewelry.
The Other Liability object is used to represent non-financial liabilities owed byan account holder, such as mortgages, loans, or taxes.
The Financial Goal object is used to represent financial objectives pursued by an account holder, such as retirement planning, education funding, or debt reduction. Verified References:
1: Salesforce Help Article [10]
2: Salesforce Help Article [11]
3: Salesforce Help Article [12]
NEW QUESTION # 76
What is an option when customizing a report? (3 answers)
- A. Add a grouping
- B. Add a filter
- C. Add a gauge component
- D. Summarize fields
- E. Schedule a refresh time
Answer: A,B,D
NEW QUESTION # 77
What option is available when scheduling a dashboard refresh? (2 answers)
- A. View and remove a scheduled dashboard refresh
- B. Schedule the dashboard to refresh in different time zones
- C. Define refresh times for specific dashboard components
- D. Send a refresh notification to users with access to the dashboard.
Answer: A,D
NEW QUESTION # 78
Lake Tahoe Bank branch manager is asking the Salesforce Administrator for improvements in Salesforce to speed up Loan Approval Processing. The Salesforce Admin is considering using Action Plans. Which 3 process improvements can be delivered using Action Plans?
- A. Action Plans enhance collaboration and productivity by automatically assigning task owners and deadlines for specific client processes.
- B. Action Plans create repeatable tasks and automate the task sequences when executed
- C. When you create an action plan from a template for a specific target record, items that have no assigned user are assigned to the owner of that " target record.
- D. Action Plans can automatically schedule the next appointment with the Advisor.
- E. Action Plans can speed up the collection of a list of documents needed for the loan application
Answer: A,B,C
Explanation:
Action Plans are a feature that allows users to create templates for common client processes, such as loan approval, account opening, or financial review. Action Plans can create repeatable tasks and automate the task sequences when executed. When an action plan is created from a template for a specific target record, such as an account or an opportunity, items that have no assigned user are assigned to the owner of that target record. Action Plans can also enhance collaboration and productivity by automatically assigning task owners and deadlines for specific client processes.
NEW QUESTION # 79
What are the valid organization-wide default options for the Account Object?
- A. Private
- B. No Access
- C. Public Read/Write/Delete
- D. Public Read/Write/Transfer
Answer: A
NEW QUESTION # 80
What actions can a Wealth Advisor take from the Life Events card7
- A. Create Case
- B. Open an Account
- C. Create Opportunity
- D. Create Lead & Referral
- E. Request Record Approval
Answer: C,D,E
Explanation:
Explanation
From the Life Events card, a Wealth Advisor can take the following actions:
Create Lead & Referral: This action creates a lead record for a new prospect or a referral record for an existing client based on the life event information.
Request Record Approval: This action initiates an approval process for the life event record to ensure compliance and quality standards.
Create Opportunity: This action creates an opportunity record to track the potential revenue from the life event. Verified References: : Salesforce Financial Services Cloud User Guide, page 30. : Salesforce Financial Services Cloud User Guide, page 31. : Salesforce Financial Services Cloud User Guide, page
32.
NEW QUESTION # 81
A financial services company wants to track different categories of financial accounts in its org. Relationship managers must be able to see all of these financial accounts in one place on the customer's Account record page grouped by categories.
Which three steps should an administrator take to configure the Financial Account object and the Account Lightning record page to meet the design?
- A. Add the Financial Account List component to the Account Lightning record page.
- B. Configure the Financial Account List components for each required category.
- C. Create a custom picklist on the Financial Account object to track the Typ
- D. Configure Financial Account record types to match the required categories.
- E. Create Account lookup fields on the Financial Account object to link the Financial Accounts to an Account.
Answer: B,C,E
Explanation:
The following considerations should be included when configuring the report with branch management reportable objects:
Bankers with Branches with Opportunities, Accounts, Leads, and Contacts report types are available for creating reports with Branch Unit Related Records. These are standard report types that allow users to create reports that show data from Banker, Branch Unit, Opportunity, Account, Lead, Contact, and Branch Unit Related Record objects.
The reportable objects include Banker, Branch Unit, Branch Unit Related Records, and Branch Unit Customer. These are custom objects that are part of the branch management feature in Financial Services Cloud. Banker is an object that represents a banker or an employee who works at a branch unit. Branch Unit is an object that represents a physical location where bankers provide services to customers. Branch Unit Related Record is an object that represents a record that is related to a branch unit, such as an opportunity, an account, a lead, or a contact. Branch Unit Customer is an object that represents a customer who has a relationship with a branch unit.
When Branch Unit is the primary object, the administrator can select Branch Unit Customers or Branch Unit Related Records as related objects. This means that the administrator can create reports that show data from Branch Unit and its related objects by using lookup fields or junction objects.
NEW QUESTION # 82
A Financial Services Cloud (FSC) administrator is assigning permission set licenses to users, including personal bankers. Which permission set license is recommended for this set of users?
- A. FSC Foundations permission set license
- B. FSC Extension permission set license
- C. FSC Basic permission set license
- D. FSC Standard permission set license
Answer: D
NEW QUESTION # 83
......
Salesforce Financial Services Cloud is a cloud-based platform that is purpose-built for financial services companies. It is designed to help financial services organizations accelerate their digital transformation and provide a better experience for their customers. The Financial Services Cloud provides a 360-degree view of the customer, allowing financial services professionals to have a complete understanding of their customers’ financial needs and preferences. This information can then be used to create personalized experiences and offer tailored products and services.
Tested Material Used To Financial-Services-Cloud Test Engine: https://pass4sures.freepdfdump.top/Financial-Services-Cloud-valid-torrent.html
