Salesforce Financial Services Cloud Accredited Professional Sample Questions:

1. Cumulus Bankhas 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) Sharetable records need to be manually deleted.
B) All opportunity participant records are delete
C) The share table records are deleted.
D) The opportunity participant records are not deleted.

2. A private equity company with only one administrator wants to upgrade Financial Services Cloud (FSC) from a Sales Cloud Unlimited Edition (UE) org. The company decided to install FSC greenfield on a new org to minimize the transfer of existing tech debt. In preparation for data migration, the administrator has been exporting backup files of the current org for a month.
What should the administrator do as part of the preparation for the data migration process?

A) As a dry run, the administrator can test this process via a data export request from the primary sandbox to the existing Sales Cloud UE org.
B) After running the backup data export manually for 2 weeks, the administrator can schedule this job to run weekly every Sunday to review the file on Mondays atthe start of the week for data comparisons
/analysis.
C) The administrator can ask the business manager on the investment bank team to review the file directly.
D) To start, the administrator can run a daily backup dataexport for a week, then continue to run this job weekly until they are ready for data migration.

3. Lake Tahoe Bank is implementingFinancial Services Cloud. The bank's new business processes require that Financial Advisors can add individuals to more than one Group or Household using Multiple Relationship Groups. Where do Admins enable Multiple Relationship Groups?

A) Object Settings
B) Custom Settings
C) Lightning Page Editor
D) Profiles

4. What step is required to give users access to the FinancialServices Cloud Commercial Banking features?

A) Install the Commercial Banking Managed Package
B) Update Industries Settings to give users access to the Commercial Banking Console Lightning app.
C) Assign permission sets to give users access to the Commercial Banking Console Lightning app.
D) Update theuser profiles to give users access to Financial Services Cloud objects

5. Early in the discovery and solution meetings, it was determined that the client would primarily use out-of-the- box Financial Services Cloud (FSC) objects and components with minimal custom objects needed. In addition, it was decided that records should be private, but the managerial chain would require visibility into all their direct reports' records.
Which three security settings must be set up in Salesforce to meet these requirements?

A) Each object sharing should be set up, explicitly sharing each user's record with the manager.
B) The Role Hierarchy in setup should be configured to allow for managers to automatically see records of those under them.
C) Organization-wide sharing defaults should be set to meet sharing requirements for all objects in use.
D) Only Custom Profiles should be configured and assigned to all users to use FSC components and field- level security. The ^ administrator should configure custom profiles and assign them to all users
E) Custom permission sets and out-of-the-boxFSC permission sets should be configured or updated and assigned to all users for the use of FSC components and field-level security.

Solutions: