NEW SALESFORCE FINANCIAL-SERVICES-CLOUD PRACTICE MATERIALS, FINANCIAL-SERVICES-CLOUD QUESTIONS ANSWERS

New Salesforce Financial-Services-Cloud Practice Materials, Financial-Services-Cloud Questions Answers

New Salesforce Financial-Services-Cloud Practice Materials, Financial-Services-Cloud Questions Answers

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Tags: New Financial-Services-Cloud Practice Materials, Financial-Services-Cloud Questions Answers, Financial-Services-Cloud Test Topics Pdf, Test Financial-Services-Cloud Free, Financial-Services-Cloud Test Lab Questions

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>> New Salesforce Financial-Services-Cloud Practice Materials <<

100% Pass-Rate Salesforce New Financial-Services-Cloud Practice Materials & Perfect Pass4Leader - Leader in Certification Exam Materials

Consider sitting for an Salesforce Financial Services Cloud (FSC) Accredited Professional exam and discovering that the practice materials you've been using are incorrect and useless. The technical staff at Pass4Leader has gone through the Salesforce certification process and knows the need to be realistic and exact. Hundreds of professionals worldwide examine and test every Salesforce Financial-Services-Cloud Practice Exam regularly. These practice tools are developed by professionals who work in fields impacting Salesforce Salesforce Financial Services Cloud (FSC) Accredited Professional, giving them a foundation of knowledge and actual competence. Our Salesforce Financial-Services-Cloud exam questions are created and curated by industry specialists.

Salesforce Financial Services Cloud (FSC) is a cloud-based solution that helps financial services firms to deliver personalized advice and guidance to their clients. The solution is designed to help financial advisors, wealth managers, and private bankers to deepen their relationships with clients and provide them with a more comprehensive view of their finances. Salesforce Financial Services Cloud (FSC) Accredited Professional certification exam validates the skills and knowledge of professionals who use FSC to deliver these services.

The FSC Accredited Professional Certification Exam consists of 60 multiple-choice questions that must be completed within 90 minutes. Financial-Services-Cloud Exam covers a wide range of topics, including the Salesforce Financial Services Cloud, financial planning, investment management, and more. Candidates must score a minimum of 65% to pass the exam.

Salesforce Financial Services Cloud (FSC) Accredited Professional Sample Questions (Q85-Q90):

NEW QUESTION # 85
To access all Financial Services Cloud (FSC) functionalities available out of the box, a consultant must install the FSC Managed Package and the Unmanaged Extension Packages.
Which two functionalities are included in the FSC Unmanaged Extension Packages?

  • A. The Commercial Banking dashboard
  • B. Custom objects to track Financial Accounts and Household
  • C. Field sets that configure how fields display in the client and household profiles
  • D. Predefined list views of clients and households

Answer: A,C

Explanation:
Reference: Financial Services Cloud Packages
Explanation: Financial ServicesCloud functionality is available from two packages: the managed package and the unmanaged extension packages. The managed package contains most of the Financial Services Cloud functionality, such as custom fields and objects, list views and profiles of clients and households, and administrative configurations. The unmanaged extension packages provide additional functionality that is not included in the managed package, such as:
The Commercial Banking dashboard: This is a dashboard that provides insights into commercial banking activities and performance, such as loan portfolio health, deposit growth, referral pipeline, and customer satisfaction. The Commercial Banking dashboard is included in the unmanaged commercial banking extension package.
Field sets that configure how fields display in the client and household profiles: These are field sets that determine which fields are displayed in different sections of the client and household profiles, such as Client Overview, Household Overview, Client Details, Household Details, etc. The field sets are included in the unmanaged extension package.


NEW QUESTION # 86
Which three insurance processes are managed by the Policy Administration component?

  • A. Endorsements
  • B. Commissions
  • C. Underwriting
  • D. Approvals
  • E. Payments

Answer: A,D,E

Explanation:
Explanation
The following insurance processes are managed by the Policy Administration component:
Payments: Payments are the amounts that a policyholder pays to an insurance company for a policy or a claim. You can use the Policy Administration component to manage the payment schedules, methods, and statuses for your policies and claims. You can also use the Policy Administration component to integrate with external payment systems and track the payment transactions and balances for your policies and claims.
Approvals: Approvals are the processes that an insurance company follows to review and authorize a policy or a claim. You can use the Policy Administration component to configure and automate the approval workflows, rules, and criteria for your policies and claims. You can also use the Policy Administration component to assign approvers, send notifications, and monitor the approval statuses and histories for your policies and claims.
Endorsements: Endorsements are the changes or modifications that a policyholder requests or an insurance company makes to a policy. You can use the Policy Administration component to manage the endorsement requests, types, and statuses for your policies. You can also use the Policy Administration component to update the policy details, coverages, premiums, or terms based on the endorsements for your policies. Verified References: : Salesforce Help Article [9] : Salesforce Help Article [10] :
Salesforce Help Article [11]


NEW QUESTION # 87
Lake Tahoe Bank has branch offices in many countries around the world and they are planning to roll out Financial Services Cloud. Which of the 2 considerations does the Salesforce Admin have to keep in mind when it comes to dealing with multiple currencies?

  • A. For each user, the user currency must correspond to the default currency for the user's locale
  • B. When multicurrency is enabled in FSC. advanced currency management is also available
  • C. The Salesforce Admin can enable or disable multiple currencies if needed
  • D. When filtering by currency values in reports or list views, users must specify a currency ISO code, such as USO or GBP. before the value.

Answer: B,D


NEW QUESTION # 88
Which of the following is NOT an area that Salesforce Financial Services Cloud serves?

  • A. Lending Services
  • B. Corporate & Institutional Banking
  • C. Legal Services
  • D. Asset Management

Answer: C


NEW QUESTION # 89
Which three of these statements are true for Rollup By Lookup (RBL) in Financial Services Cloud?

  • A. RBL rules do not require a lot of processing power.
  • B. The Rollup By Lookup (RBL) configuration updates the corresponding RBL summaries at the diem and group levels
  • C. Salesforce does not recommend or provide support for creation or customization of Financial Services Cloud RBL rules
  • D. An RBL (Rollup By Lookup) rule displays summary calculations of financial account information, such as account balances.
  • E. Person Accounts need to be enabled in order to use the Rollup by Lookup functionality.

Answer: B,C,D

Explanation:
Explanation
The following statements are true for Rollup By Lookup (RBL) in Financial Services Cloud:
An RBL (Rollup By Lookup) rule displays summary calculations of financial account information, such as account balances. You can use RBL rules to aggregate financial account data across different levels of client relationships.
The Rollup By Lookup (RBL) configuration updates the corresponding RBL summaries at the diem and group levels. You can use RBL configuration to define which fields are rolled up and how they are calculated for each diem and group type.
Salesforce does not recommend or provide support for creation or customization of Financial Services Cloud RBL rules. RBL rules are complex and require extensive testing and validation. If you need to create or customize RBL rules, you should contact a certified Salesforce partner or consultant. Verified References: : Salesforce Financial Services Cloud Implementation Guide, page 75. : Salesforce Financial Services Cloud Implementation Guide, page 76. : Salesforce Financial Services Cloud Implementation Guide, page 77.


NEW QUESTION # 90
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