FINANCIAL-SERVICES-CLOUD TEST PREPARATION & FINANCIAL-SERVICES-CLOUD EXAM QUESTIONS & FINANCIAL-SERVICES-CLOUD TEST PREP

Financial-Services-Cloud Test Preparation & Financial-Services-Cloud Exam Questions & Financial-Services-Cloud Test Prep

Financial-Services-Cloud Test Preparation & Financial-Services-Cloud Exam Questions & Financial-Services-Cloud Test Prep

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Salesforce Financial Services Cloud (FSC) Accredited Professional Sample Questions (Q61-Q66):

NEW QUESTION # 61
Cumulus Bank has implemented Compliant Data Sharing in Financial Services Cloud. Which two things happen when an opportunity record that has opportunity participants with associated share table entries is set to Private?

  • A. The share table records are deleted.
  • B. All opportunity participant records are delete
  • C. Share table records need to be manually deleted.
  • D. The opportunity participant records are not deleted.

Answer: A,D

Explanation:
Explanation
The following things happen when an opportunity record that has opportunity participants with associated share table entries is set to Private:
The share table records are deleted, which means that any sharing access granted by the opportunity participants is revoked.
The opportunity participant records are not deleted, which means that they still exist on the opportunity record and can be viewed by users who have access to the opportunity.


NEW QUESTION # 62
When importing records from a system outside of Salesforce, which ID should be used to prevent the data import from creating duplicates?

  • A. External ID
  • B. Data Load ID
  • C. Org ID
  • D. User ID

Answer: A

Explanation:
Explanation
To prevent the data import from creating duplicates when importing records from a system outside of Salesforce, you should use External ID. External ID is a custom field type that can be used to store unique identifiers from other systems. You can use External ID to match records during data import and avoid creating duplicate records in Salesforce. You can also use External ID to enable upsert operations, which can insert new records or update existing records based on the External ID value. Verified References: : Salesforce Help Article [5] : Salesforce Help Article [6]


NEW QUESTION # 63
The Salesforce Admin at Lake Tahoe Bank is implementing Financial Services Cloud and wants to roll up customer data at the client and group levels. What functionality can Rollup By Lookup (RBL) provide for this requirement?

  • A. Rollups for multiple joint owners are not supported
  • B. RBL calculations can notbe disabled when importing data into your Salesforce org.
  • C. When you edit a financial account record or primary Group membership, the Rollup By Lookup(RBL) configuration updates the corresponding RBL summaries at the client and Group levels.
  • D. Rollup By Lookup (RBL) displays associated records for Financial Accounts. Financial Goals, and Opportunities.
  • E. An RBL rule displays summary calculations of financial account information, such as account balances.

Answer: C,D,E

Explanation:
The functionality that Rollup By Lookup (RBL) can provide for rolling up customer data at the client and group levels are as follows:
An RBL rule displays summary calculations of financial account information, such as account balances, networth, total assets, total liabilities, and so on1.
When you edit a financial account record or primary group membership, the Rollup By Lookup (RBL) configuration updates the corresponding RBL summaries at the client and group levels1.
Rollup By Lookup (RBL) displays associated records for Financial Accounts, Financial Goals, and Opportunities on the client and group pages1. Verified References: 1


NEW QUESTION # 64
Lake Tahoe Bank branch manager Sue Barry wants to encourage all Personal Bankers to use Action Plans to capture repeatable tasks and automate the task sequences, improving collaboration and productivity. Which three of the following statements about Action Plans are true?

  • A. Action Plans require a monthly license fee per user
  • B. When you work with Action Plans, you first create Action Plan Templates
  • C. Action Plans make it easy to create reports and dashboards, so you can monitor progress and ensure compliance
  • D. Action Plans can be used to schedule appointments with the Bankers
  • E. Action Plans can be used to automatically assign task owners and deadlines for specific client engagements

Answer: B,C,E

Explanation:
The following statements about Action Plans are true:
When you work with Action Plans, you first create Action Plan Templates, which are reusable sets of tasksthat define a common clientprocess1.
Action Plans make it easy to create reports and dashboards, so you can monitor progress and ensure compliance. Users can use standard report types or custom report types to create reports on action plans, action plan templates, action plan items, action plan item templates, and action plan item owners1.
Action Plans can be used to automatically assign task owners and deadlines for specific client engagements. Users can specify task owners by using assignment logic such as specific user, role, queue, action plancreator, or account team1. Verified References: 1


NEW QUESTION # 65
What are the three building blocks of Flow Orchestration?

  • A. Blocks
  • B. Processes
  • C. Stages
  • D. Work Items
  • E. Steps

Answer: C,D,E

Explanation:
The following are the building blocks of Flow Orchestration:
Steps: Steps are discrete units of work that can be performed by a user or a system within a flow orchestration. Steps can have different types,such as user input steps, system action steps, decision steps, or subflow steps. Steps can also have different attributes, such as name, description, icon, input variables, output variables, or preconditions.
Stages: Stages are logical groupings of stepsthat represent phases or milestones within a flow orchestration.
Stages can have different attributes, such as name, description, icon, entry criteria, exit criteria, or completion actions.
Work Items: Work Items are instances of flow orchestrations that track the progress and status of each execution. Work Items can have different attributes, such as name, description, owner, assignee, due date, priority, status, stage history, or step history. Verified References: : Salesforce Help Article [7] : Salesforce Help Article [8] : Salesforce Help Article [9]


NEW QUESTION # 66
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