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Salesforce Financial Services Cloud Accredited Professional Sample Questions:

1. Which three of the following statements are correct about the Actionable Relationship Center Manager (ARC)?

A) The Salesforce Admin has to create a permission set for granting access to the ARC - FSC Lightning component.
B) ARC is certified to work with Person Accounts and Individual Accounts.
C) ARC displays up to 5 related lists that have a configured compact layout.
D) The Association Type picklist controls the account-account relationship that display in the ARC.
E) To enable users to see the ARC, you will need to add the component for ARC to the page layout.

2. Lake Tahoe Bank's financial advisors are complaining that they can't see an accurate summary of their clients financial data as clients often change households. How can an Admin set up Financial Services Cloud to provide financial advisorswith an accurate summary of their client's financial data?

A) Create a roll-up field on the Opportunity object to track client's Financial Account balance and display the summary amount on the Person Account object.
B) Set clients financial data to be rolled up using Financial Services Cloud Primary Group.
C) Create a custom obiect to track client's financial data
D) Use Process Builder to create a workflow to summarize data at the Person Account level.

3. Which three insurance processes are managed by the Policy Administration component?

A) Payments
B) Commissions
C) Endorsements
D) Approvals
E) Underwriting

4. A financial services company needs to alert advisors about changes in client records that require action. What should the administrator consider when configuring Record Alerts?

A) When the administrator adds a new Record Alert Category, the severity value in the alert category is the default value on the record alerts advisors create and cannot be changed.
B) When the admin creates a value for the Severity field, the warning icon is associated with the field automatically, and advisors cannot change the icon.
C) Record alert categories are not required when creating a record alert, but they help keep alerts organized.
D) With permissions for Record Alerts, users can create record alerts on all custom objects and standard objects such as Financial Account.

5. A consultant is configuring ademo for a customer but cannot create new residential loan application records.
What is prohibiting the consultant from creating a new residential loan application?

A) The user does not have "Mortgage User" checked in their user record.
B) The Residential Loan Application flow was not enabled in the setup.
C) The administrator did not enable "Allow Mortgage Access" in Setup.
D) The administrator did not assign the Mortgage permission set to the user.

Solutions: