Jan-2025 Pass Your Financial-Services-Cloud Exam at the First Try with 100% Real Exam [Q61-Q75]

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Jan-2025 Pass Your Financial-Services-Cloud Exam at the First Try with 100% Real Exam

Get Real Exam Questions for Financial-Services-Cloud with New Questions

NO.61 An insurance company wants to create a car insurance quote process for its website. The process should include the following functionality:
* The user has to enter contact and address information.
* The user has to enter the driver’s age and the car model and year.
* The process should calculate an insurance quote based on the data the customer provided and save the offer to the client’s record.
Which three OmniStudio tools should the consultant use to design a solution that meets these requirements?

OmniScripts

Integration Procedures

FlexCards

APEX Code

Business Rules Engine

NO.62 When adding an Account-Account relationship using ARC (Actionnable Relationship Center), what 2 options does the banker have to represent a group of accounts, where one of the accounts is the parents of a number of other accounts ? (2 answers)

From each subsidiary account, select ‘New’ in the ‘Group Relationship’ components and create a new relationship with the parent account

From each subsidiary account, select ‘New’ in the ‘Member Relationships’ components and create a new relationship with the parent account

From the parent account, select ‘New’ in the ‘Group Relationship’ components and create a new relationship with the subsidiary account

From the parent account, select ‘New’ in the ‘Member Relationships’ components and create a new relationship with the subsidiary account

NO.63 Universal Containers requires that the organization-wide default for opportunities be set to public read/write. However, sales users are complaining that opportunity reports return too many results, making it difficult to find their team’s opportunities in the report results.
How can the system administrator address this problem?

Use the show filter to filter report results and reduce records returned

Move the opportunity reports into each user’s personal reports

Update the sharing rules to limit user access to certain opportunity

Move the opportunity reports into a folder with restricted access

NO.64 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?

Flows can be used to provide step-by-step guidance for address changes, without the need for then agent to navigate to different screens.

To open. edit, or create a Flow in Flow Builder, the user needs the Run Flows permission.

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.

To use a Flow, a user must have access to the underlying object and its field

NO.65 What is a key step in identifying different business processes and outlining encompassing system flows based on the existing environment when setting up Salesforce Financial Services Cloud (FSC)?

Creating a new Salesforce instance from scratch for the customer

Importing the customer’s existing data into Salesforce FSC without any modifications

Implementing a generic, one-size-fits-all solution for all customers

Conducting a gap analysis between the customer’s current processes and Salesforce FSC capabilities

NO.66 Lake Tahoe Bank allows more than two owners on Financial Accounts. The Salesforce Admin wants to make sure that balances are rolled up to all joint owner’s primary Households. Which 2 options does the Salesforce Admin have to accomplish this?

Enable all RBL (Rollup By Lookup) rules to ensure the balances are rolled up to the household level.

Enable the ‘Enable Rollup Summary’ in custom settings

Create custom RBL (Rollup By Lookup) rules to rollup the joint owner balances.

Disable RBL (Rollup By Lookup) rules that rollup balances using joint owner on Financial Account.

Enable RBL (Rollup By Lookup) rules that rollup balances using Financial Account Role for joint owners.

NO.67 What steps does the Salesforce Administrator have to take to create a new Business Milestone Type?

In the Object Manager go to the Business Milestone object and create a new field using the name of the new milestone.

Find Person Life Event using the Object Manager and add a new picklist value on the Milestone Type Field.

Find Business Milestone using the Object Manager and add a new picklist value on the Milestone Type Field

In the Lightning Page Editor add the new Milestone Type to the Life Events & Business Milestones Lightning component

NO.68 The Compliant Data Sharing (CDS) feature lets administrators and compliance managers configure advanced data-sharing rules so that they can improve compliance with regulations and company policies.
Which three things should be considered when implementing CDS in Financial Services Cloud (FSC)?

To disable CDS for an object, any Participant Roles associated with that object must be deleted first.

CDS in FSC allows record owners to grant access to their records to other FSC users.

CDS can only be applied to FSC objects and Account and Opportunity objects.

To get the benefits of CDS, administrators must set organization-wide sharing settings for supported objects to the Private access model.

Users above the record owner in the Role Hierarchy and non-record owners with Edit access granted through CDS have the same ability/access as record owners,

NO.69 What type of record access can an administrator grant (2 answers)

Read/Write only

Read only

Read/Write/Delete

Read/Write/Transfer

NO.70 Which of the following are FSC components that visualize groups and relationships in Lightning pages? (Check the 2 that apply)

Relationship Map and Group Builder

Related Accounts

Goal to Group Member Mapping

Person Life Events

NO.71 A consulting firm is asked to add Events and Milestones to a Lightning record page to give financial advisors deeper insights into their customers’ lives.
What should the consultant configure to enable advisors to capture Once-in-a-Lifetime events and, at the same time, prevent users from accidentally creating more than one event of such an event type?

Once-in-a-Lifetime event types

Special event types

Single event types

Unique event types

NO.72 Which 3 options does the Financial Services Cloud application offer to view and update Account-Account.
Account-Contact, and Contact-Contact Relationships?

Actionable Relationship Center

Family Members Component

Relationship Map

Group Members Component

Life Events Component

NO.73 Lake Tahoe Bank, an existing Salesforce customer, is planning to implement Financial Services Cloud. Their Salesforce Admin is considering whether to use a new Salesforce org or upgrade the existing org. Which three of the considerations below indicate that a new Salesforce org is the better choice9

The bank wants to use this project as an opportunity to retire customization

The current implementation is using a product-centric view and the bank wants to move to a customer-centric view.

Data migration is a big concern The current org has a large amount of data and the Bank wants to minimize data migration efforts.

The bank has limited redesign opportunities for business capabilities.

Existing business capabilities and processes can be redesigned to deliver a higher business impact

NO.74 Which three of the following statements are correct about the Actionable Relationship Center Manager (ARC)?

To enable users to see the ARC, you will need to add the component for ARC to the page layout.

ARC displays up to 5 related lists that have a configured compact layout.

ARC is certified to work with Person Accounts and Individual Accounts.

The Salesforce Admin has to create a permission set for granting access to the ARC – FSC Lightning component.

The Association Type picklist controls the account-account relationship that display in the ARC.

NO.75 What capability included in the Financial Services Cloud license can assist bankers in focusing on the most promising referrals?

Referral Approval Processes

Intelligent Need-Based Referrals and Scoring

Einstein Referral Scoring for Financial Services Cloud

Referral Routing Rules

Updated Financial-Services-Cloud Certification Exam Sample Questions: https://www.actualpdf.com/Financial-Services-Cloud_exam-dumps.html

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