Salesforce Financial-Services-Cloud Exam Dumps – PDF Questions and Testing Engine [Q87-Q106]

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Salesforce Financial-Services-Cloud Exam Dumps – PDF Questions and Testing Engine

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Salesforce Financial Services Cloud (FSC) Accredited Professional Exam is designed to test the knowledge and skills of professionals who work with Salesforce’s financial services cloud. Financial-Services-Cloud exam covers a range of topics, including advanced client management, financial planning, and regulatory compliance. Passing the exam demonstrates a deep understanding of Salesforce’s FSC platform and the ability to use it effectively to drive business results.

Salesforce Financial-Services-Cloud is a powerful tool designed specifically for financial professionals. This cloud-based platform helps financial advisors manage their clients’ financial portfolios, track their investments, and provide personalized advice based on their unique financial goals. In order to demonstrate proficiency in using FSC, Salesforce offers the FSC Accredited Professional exam.

NO.87 How are identification documents, other assets, liabilities, goals, and revenue modeled, in an existing Financial Services Cloud org using the individual account model?

An administrator is logged in to Data Loader with their own credentials to insert new Business Account records into their Salesforce environment. They forget to specify the Account Owner field in the import file.

Assuming there are no other issues, what should happen when the administrator uploads the import file?
The Attachment object is used to represent other assets, liabilities, and goals. In the individual model, these attachments are related to the Account object.

Custom obiects are used to represent other assets, liabilities, and goals. In the individual model, these objects are related to the Account oJ Nj.

Document, Note, and Attachment objects are used to represent other assets, liabilities, and goals. In the individual model, these objects are related to the person account.

NO.88 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.89 The investor relations director of a large insurance company just published a press release after the company’s Quarterly Earnings Callto report about its digital transformation implementing Salesforce Financial Services Cloud (FSC).
Which three value outcomes should the company’s stakeholders expect?

Achieved higher CSAT & NPS scores attributed to personalized customer experiences driven by shorter waits due to decreased average case handle times and improved self-service solutions via Einstein Bots for FSC

Streamlined the entire deal lifecycle with FSC. leveraging relationship maps and interaction history in business development/discovery D to accelerate pipe management and research

Improved customer onboarding experiences by fast-tracking and simplifying document tracking and approvals via FSC Action Plans

Drove Advisor productivity with a daily task list, client life events, opportunities, and aggregated household information directly from D the FSC HomeTe

Automated claims orchestration via straight through processing workflow rules from OmniStudio with minimal human intervention from insurance adjusters or underwriters, allowing claims to be completed faster and at scale

NO.90 A consulting firm is asked to add Events and Milestones to a Lightning record page to give financialadvisors 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.91 What 2 considerations should the Salesforce Administrator review before implementing Flow for customer onboarding?

Use Field Level Security on Milestones

Flow for Financial Service Cloud is not available for the Individual Object Model.

Flow Screen Input Components can only be used in Financial Service Cloud Flow Templates

The Flow users require a Flow Permission Set License.

NO.92 Universal Containers wants to automatically back up all the Salesforce data on a monthly basis.
Which tool can a system administrator use to meet this requirement?

Data export service

Analytic snapshot

Import wizard

Scheduled report.

NO.93 A system administrator at universal containers created a new account record type. However, sales users are unable to select record type when creating new account records.
What is a possible reason for this? (2 answers)

The record type does not have an assigned page layout

The record type has not been added to the sales user profile

The record type has not been set as the default record type

The record type has not been activated.

NO.94 Which three of these 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.

Person Accounts need to be enabled in order to use the Rollup by Lookup functionality.

The Rollup By Lookup (RBL) configuration updates the corresponding RBL summaries at the diem and group levels

Salesforce does not recommend or provide support for creation or customization of Financial Services Cloud RBL rules

RBL rules do not require a lot of processing power.

NO.95 An insurance companyaims to improve a call center’s productivity. A detailed analysis discovered that agents spend a lot of time capturing data while adding and updating beneficiary details. Capturing premium payment details (payment date and frequency) is another time-consuming task. Which action should a Financial Services Cloud consultant take to resolve the issue?

Utilize Insurance Flow Templates.

Create an Action Plan Template for capturing beneficiary data and payment information.

Provide a better user interfaceby building Lightning web components for beneficiary data and payment information.

Install an Insurance Data AppExchange package.

NO.96 What is an option when customizing a report? (3 answers)

Add a filter

Summarize fields

Schedule a refresh time

Add a gauge component

Add a grouping

NO.97 What capabilities included in the FSC license can assist bankers in focusing on the most promising referrals?

Einstein Referral Scoring for FSC

Referral Routing Rules

Intelligent Need-Based Referrals and Scoring

Referral Approval Processes

NO.98 Lake Tahoe Bank is rolling out Financial Services Cloud and the VP of IT is concerned about the cost of the licenses. The System Admin recommends using restricted licenses for users that need only limited access to Financial Service Cloud features. Which Financial Services Cloud permission set license enables user access to a license with contractual restrictions for Financial Services Cloud and can be used to grant restricted access to users like Bank Tellers?

Financial Services Cloud Standard

Client Segmentation

Financial Service Cloud Basic

Financial Service Cloud Extension

NO.99 Which three things must an admin keep in mind when creating Action Plan Templates’5

When creating Action Plan Templates with the Ul. you can designate a plan owner different from the plan creator.

When you create an Action Plan from a template for a specific target record, the plan creator can choose whether the date calculation is based on calendar or working days.

An Action Plan is a run-time instance of the template that allows you to automate the sequence of the tasks you defined in the template.

When you create an Action Plan from a template for a specific target record, item deadlines are calculated using the start date and date offset ” defined in the Action Plan Template

The Action Plan Template permission set must be added to all users that want to use Action Plans.

NO.100 Lake Tahoe Bank wants to onboard a client digitally and without asking the client for information that the bank already has on file. The process has multiple steps and can have branching (conditional) logic that asks for different information depending on the responses. Which Salesforce feature should be used for this digital onboarding process?

Actionable Relationship Center

Financial Goals

Flows

Aclion Plans

NO.101 An administrator is logged into Data Loader with their own credentials to insert new Business Account records into their Salesforce environment. They forget to specify the Account Owner field in the import file.
Assuming there are no other issues, what should happen when the administrator uploads the import file?

The import will succeed, and the Account Owner field will be left blank.

The import will succeed, and the administrator will be prompted to select a user.

The import will fail, since all records in Salesforce must have an owner.

The import will succeed, and the administrator will be named as the default Account Owner.

NO.102 A financial services company wants to plan ahead for designing the Financial Services Cloud (FSC) implementation. Which three activities should the implementation team prioritize during planning?

Prepare for integrations with transactional systems, external data sources, custodians, and any other platforms that the company’s business relies on.

Beyond the preconfigured settings, evaluate whether they need advanced customizations.

Enable and configure person accounts in FSC, and assign users with permission set licenses.

Review the out-of-the-box capabilities and compare them to the company’s current needs.

Design the modifications to fields, picklists, layouts, and othKrequired features to support business processes.

Explanation
The following activities should be prioritized by the implementation team during planning for designing the Financial Services Cloud implementation:
Prepare for integrations with transactional systems, external data sources, custodians, and any other platforms that the company’s business relies on. Integrations are the connections or interactions that allow data or functionality to flow between different systems or platforms. You should prepare for integrations with your existing or new systems or platforms that support your business processes, such as transactional systems, external data sources, custodians, or other platforms. You should also consider the integration methods, tools, requirements, and challenges that you will need to address during the implementation.
Beyond the preconfigured settings, evaluate whether they need advanced customizations.
Customizations are the changes or modifications that you make to Salesforce to meet your specific business needs or preferences. You should evaluate whether you need advanced customizations beyond the preconfigured settings that Financial Services Cloud provides out of the box, such as custom objects, fields, formulas, validation rules, workflows, triggers, or components. You should also consider the impact, benefits, and risks of your customizations on your data model, user interface, performance, security, or maintenance.
Review the out-of-the-box capabilities and compare them to the company’s current needs.
Out-of-the-box capabilities are the features or functions that Financial Services Cloud offers without any customizations or configurations. You should review the out-of-the-box capabilities and compare them to your company’s current needs and expectations. You should also identify any gaps or opportunities for improvement that you can address with configurations or customizations during the implementation.
Verified References: : Salesforce Help Article [12] : Salesforce Help Article [13] : Salesforce Help Article [14]

NO.103 A regional bank is implementing Financial Services Cloud (FSC). Today, relationship managers receive email reminders 2 days, 2 weeks, and 2 months after a new customer opens their first bank account to contact the customer for feedback. In addition, the bank wants the ability for relationship managers to track and report on progress in FSC.
What should the administrator do when designing the future state business process using FSC features?

When creating an account, create an action plan with tasks to follow up in 2 days, 2 weeks, and 2 months.

When a lead or referral is converted, create an action plan with tasks to follow up in 2 days, 2 weeks, and 2 months.

When an account status is changed to “CustomlrfVTcreate an action plan with tasks to follow up in 2 days. 2 weeks, and 2 months.

When an account status is changed to “Customer”, send emails to the Account Owner to follow up in 2 days, 2 weeks, and 2 months.

NO.104 What should a Financial Advisor use to model the relationship between a business contact and a client that is modeled as a person account?

Account-Account Relationship

Contact-Contact Relationship and the Reciprocal Rote

Reciprocal Role

Account-Contact Relationship and the Reciprocal Role

NO.105 A Salesforce administrator updating a record page to add a Chatter component to the Action Plan Lightning record page is unable to find the Chatter components for selection.
What is the reason for this?

Feed tracking has to be enabled for the Action Plan object.

Chatter has to be enabled for Action Plans via Chatter settings in setup.

Salesforce is yet to roll out Chatter for the Action Plan object.

Admin users have to be assigned the Action Plans permission set.

NO.106 A bank recently sold its wealth management division and wants to improve its customers’ digital experience.
The bank engaged Salesforce Professional Services to upgrade its existing Salesforce CRM to Financial Services Cloud and deliver its Bank of the Future vision.
Which three expected outcomes can serve as return on investment (ROI) justifications to the bank’s chief financial officer (CFO) and investment committee?

Unify and improve team collaboration by sharing and managing customer leads and referrals across multiple lines of business at the bank to drive customers’ financial needs and deepen client relationships.

Deliver connected and personalized digital experiences to the bank’s customers thanks to a 360-degree view of its customer data consolidating multiple customer databases and sources from diverse channels at the bank.

Simplify the client onboarding process with proper tools to streamline customer discovery and internal reviews through renewal.

Manage policy holder’s interactions with customer service agents intelligently through the underwriting process.

Modernize client-advisor experiences from engagement to relationship management to effectively drive long-term, trusted relationships.

Reliable Accredited Professional Financial-Services-Cloud Dumps PDF Jul 25, 2025 Recently Updated Questions: https://www.prepawaytest.com/Salesforce/Financial-Services-Cloud-practice-exam-dumps.html

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