[Apr 20, 2026] Updates Up to 365 days On Valid Financial-Services-Cloud Braindumps
Best QualityFinancial-Services-Cloud Exam Questions Salesforce Test To Gain Brilliante Result
NEW QUESTION # 101
Universal container uses a private sharing model for opportunities. The sales team wants sales engineers to be involved in specific Opportunities to help sales representatives close deals faster.
How can an administrator meet this requirement?
- A. Add chatter groups to opportunities.
- B. Enable chatter Feed Tracking on opportunities.
- C. Add sales engineers to opportunity teams.
- D. Add sales engineers to account teams.
Answer: C
NEW QUESTION # 102
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?
- A. Actionable Relationship Center
- B. Flows
- C. Financial Goals
- D. Aclion Plans
Answer: B
Explanation:
The Salesforce feature that should be used for the digital onboarding process is Flows. Flows are a tool that can automate business processes and guide users or customers through screens that collect and display information. Flows can have multiple steps and branching logic that ask for different information depending on the responses. Flows can also integrate with existing data and prefill fields with information that the bank already has on file, reducing the need to ask the customer for redundant information. Flows can be embedded in Lightning pages, Experience Cloud sites, mobile apps, or websites to provide a seamless and engaging digital onboarding experience. Verified Reference: : Salesforce Help Article 1 : Salesforce Help Article 2
NEW QUESTION # 103
A company wants to convert its Salesforce Financial Services Cloud implementation from using the individual account model to using person accounts.
Which three things should a consultant do to prepare for the conversion?
- A. Update all opportunities linked to individual account records to be owned by the individual account record's owner.
- B. Ensure each account.phone field in the individual account record is blank.
- C. Test out the conversion in a sandbox, including all integrations and customizations.
- D. Ensure all individual account records to be converted are only linked to exactly one contact record.
- E. Ensure each individual account to be converted is not a parent account of any other account records.
Answer: C,D,E
NEW QUESTION # 104
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. The Salesforce Admin can enable or disable multiple currencies if needed
- C. 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.
- D. When multicurrency is enabled in FSC. advanced currency management is also available
Answer: C,D
Explanation:
Explanation
Multicurrency is a feature in Salesforce that allows you to work with multiple currencies in your org. If you enable multicurrency in FSC, you need to consider the following:
When filtering by currency values in reports or list views, users must specify a currency ISO code, such as USD or GBP, before the value. For example, USD500 or GBP300.
When multicurrency is enabled in FSC, advanced currency management is also available. This feature allows you to track historical exchange rates and apply them to opportunities and forecasts.
NEW QUESTION # 105
Rachel is the primary member of the Adams household hired a new attorney. What type of relationship should the Wealth Advisor create in Financial Services Cloud for Rachel and her attorney before assigning the reciprocal role of "Attorney"?
- A. Create an Account-Account Relationship between the Addams Family Trust and the attorney.
- B. Create an Account-Account relationship between the Adams Household and the attorney
- C. Create a Contact-Contact Relationships between the primary member of the Adams Household and the attorney.
- D. Create an Account-Contact relationship between the Adams Household and the attorney.
Answer: D
NEW QUESTION # 106
Which of the following are FSC components that visualize groups and relationships in Lightning pages? (Check the 2 that apply)
- A. Person Life Events
- B. Goal to Group Member Mapping
- C. Related Accounts
- D. Relationship Map and Group Builder
Answer: C,D
NEW QUESTION # 107
While working for an insurance client implementing Financial Services Cloud, an API integration between Salesforce and a risk control system has been configured. The consultant is asked to ensure the correct profiles and permissions were set up for this connection. Which two steps should the consultant take?
- A. Create a new custom profile and ensure API Only is selected.
- B. Assign the integration user to the System Administrator profile.
- C. Update the System Administrator profile to include the API Only User.
- D. Create a dedicated Integration User.
Answer: A,D
Explanation:
Explanation
To ensure the correct profiles and permissions for an API integration between Salesforce and a risk control system, the consultant should do the following steps:
Create a dedicated Integration User that will be used to authenticate and authorize the API calls between Salesforce and the risk control system. The Integration User should have a unique username, password, and security token that are not shared with other users or systems. The Integration User should also have the minimum permissions and access settings required to perform the integration tasks.
Create a new custom profile and ensure API Only is selected. The API Only option restricts the user from logging in to the Salesforce user interface, but allows the user to access the Salesforce API. The custom profile should also have the appropriate object permissions, field-level security, record types, page layouts, and other settings that are relevant for the integration. The custom profile should be assigned to the Integration User.
NEW QUESTION # 108
The sales team at universal containers wants an easy solution to gather customer requirements and share presentations with their customers.
What should an administrator do to help the sales team achieve this? (2 answers)
- A. Create opportunity teams for customers.
- B. Add customers to private Chatter groups
- C. Add customers to libraries.
- D. Use chatter files to share presentations.
Answer: B,D
NEW QUESTION # 109
A financial servicescompany must add details to the default business hours record. For company-wide holidays, the company wants the option to skip non-work days in Action Plan when setting task completion dates.
What should the administrator configure to meet the requirement?
- A. Add non-work days to the date offset when calculating the task completion date is automatic; no setup is required.
- B. Select Recurring Holidays as Action Plans and consider recurring holidays when determining the non- work days to skip.
- C. Omit the day's start and end time fields when the administrator wants to indicate a non- working day.
- D. Configure the day withoutbusiness hours, it is considered a non-work day, even if the day is a recurring holiday.
Answer: D
Explanation:
To skip non-work days in Action Plan when setting task completion dates, the administrator should configure the day without business hours, as it is considered a non-work day, even if the day is a recurring holiday. This means that the administrator should leave the start and end time fields blank for any day that is not a working day, such as Saturday or Sunday. Action Plans will then automatically omit those days when calculating the task completion dates based on the business hours1. Recurring holidays are not considered by Action Plans when determining the non-work days to skip2.
References:
SetBusiness Hours
Set Up Company-wide Holidays
NEW QUESTION # 110
A consultant is building an agent console for an insurance company using FlexCards to provide a 360-degree view of its customers. An Integration Procedure will be used to retrieve Account, Opportunity, and Contract data. The agent wants the following information displayed:
* Account information including account name, phone, and website
* Active opportunities related to the Account
* Active insurance policies related to the Account
* The ability to view and renew policies
How should the consultant design the FlexCards to meet these requirements?
- A. Parent FlexCard with multiple Q**jld Flex Cards and Card Actions
- B. Parent FlexCard with single Child and multiple Card States
- C. Parent FlexCard with multiple Cnrraren and different Card States
- D. Parent FlexCard with single Child and Card Actions
Answer: A
Explanation:
Explanation
The consultant should design the FlexCards as follows to meet the requirements:
Parent FlexCard with multiple Child Flex Cards and Card Actions. A Parent FlexCard is a construct in Financial Services Cloud that allows you to display information from one record in a card-like format on a Lightning page. A Child FlexCard is a construct in Financial Services Cloud that allows you to display information from related records in a card-like format within a Parent FlexCard. A Card Action is a construct in Financial Services Cloud that allows you to perform actions on a record from within a FlexCard, such as edit, delete, renew, or view details. You can use Parent FlexCards, Child FlexCards, and Card Actions to create an agent console that provides a 360-degree view of your customers and enables quick actions on their records. Verified References: : Salesforce Help Article [6] : Salesforce Help Article [7] : Salesforce Help Article [8]
NEW QUESTION # 111
Which 3 out of the box capabilities come with Financial Services Cloud Lead & Referral Management?
- A. Assigning a Referral
- B. Referral Conversion
- C. Referral Automated Approvals
- D. Round Robin Referral Routing
- E. Accepting a Referral
Answer: A,B,E
Explanation:
The following out of the box capabilities come with Financial Services Cloud Lead & Referral Management:
Referral Conversion: This capability allows you toconvert a referral to an opportunity, a contact, or an account. You can use this capability to track the progress and outcome of a referral and measure its impact on your business.
Assigning a Referral: This capability allows you to assign a referral to another user, queue, or line of business.
You can use this capability to route a referral to the appropriate person or team who can best meet the customer's need or interest.
Accepting a Referral: This capability allows you to accept a referral that is assigned to you or your queue.
You can use this capability to acknowledge that you have received a referral and are ready to work on it.
Verified References: : Salesforce Help Article 1 : Salesforce Help Article 3 : Salesforce Help Article 5
NEW QUESTION # 112
A corporate investment banking associate at Cumulus Capital works with a trusted analyst to create pitch books, analyze market data, and generate reports. The banking associate is looking to capture sensitive deal information in Salesforce. They wish to share the deal information with the trusted analyst only, without giving access to Salesforce users up the management chain in the Role Hierarchy.
What should a consultant do in Salesforce to build the required sharing model for sensitive deal data?
- A. Use the Financial Deal object to capture the deal data and use restriction rules to block user access above the banking associate in the Role Hierarchy.
- B. Use the Financial Deal object to captu^* y^ deal data anc* use Compliant Data Sharing to grant the analyst access.
- C. Use the Opportunity object to capture the deal data and use Compliant Data Sharing to grant the analyst access.
- D. Use the Opportunity object to capture the deal data and use manual sharing to grant the analyst access.
Answer: A
Explanation:
To build the required sharing model for sensitive deal data, the consultant should use the Financial Deal object to capture the deal data and use restriction rules to block user access above the banking associate in the Role Hierarchy. The Financial Deal object is a custom object in Financial Services Cloud that allows you to track and manage complex deals that involve multiple parties, products, and stages. You can use the Financial Deal object to store sensitive deal information, such as deal name, amount, status, or participants. You can also use restriction rules to limit the visibility of Financial Deal records based on criteria such as role, profile, or ownership. Restriction rules can override the organization-wide default sharing settings and block user access to records that they would otherwise be able to see through the Role Hierarchy or other sharing mechanisms. Verified Reference: : Salesforce Help Article 1 : Salesforce Help Article 2
NEW QUESTION # 113
A financial services company would like its users to be able to relate two business accounts. Whatshould the administrator configure to meet the requirement?
- A. Create a new Contact Reciprocal Role for the required value.
- B. Update the Role picklist on the Account-Account Relationship object with new value.
- C. Create a new Account Reciprocal Role for the required value.
- D. Update the Role picklist on the Account-(?ontact Relationship object with new value.
Answer: B
Explanation:
To configure Financial Services Cloud to allow users to relate two business accounts, the administrator should update the Role picklist on the Account-Account Relationship object with new value. The Role picklist is a field onthe Account-Account Relationship object that defines the type of relationship between two accounts, such as Household Member, Business Owner, Trustee, or Friend. The Role picklist is used to filter and display the account-account relationships in the Actionable Relationship Center (ARC). To update the Role picklist, you need to go to Setup > Object Manager > Account-Account Relationship > Fields & Relationships
> Role and add or remove values according to your business needs. Verified References: : Salesforce Help Article [10] : Salesforce Help Article [11]
NEW QUESTION # 114
The support team at Universal Containers wants to be more proactive about renewing support plans with customers. They would like the support representative dedicated to each account to be notified a month before the account`s support plan expires.
What should an administrator configure to meet this requirement?
- A. Auto-Response rule
- B. Assignment rule
- C. Escalation rule
- D. Workflow rule
Answer: D
NEW QUESTION # 115
An investment bank is implementing Financial Services Cloud (FSC) to manage the deal pipeline. Each opportunity has confidential information that the deal team members must only view. In addition, each member needs the ability to take and share notes directly within Salesforce with others on the team.
Which three FSC features should be part of the solution design?
- A. Complianthata Sharing
- B. Profiles
- C. Interaction Summaries
- D. Financial Deal Management
- E. Sharing Rules
Answer: C,D,E
Explanation:
Explanation
The following FSC features should be part of the solution design for managing confidential deal information and notes sharing among deal team members:
Financial Deal Management: Financial Deal Management is a feature in Financial Services Cloud that allows you to track and manage complex deals that involve multiple parties, products, and stages. You can use Financial Deal Management to store confidential deal information such as deal name, amount, status, or participants. You can also use Financial Deal Management to associate opportunities, products, or tasks with a deal.
NEW QUESTION # 116
Which two statements are true for a Group in Financial Services Cloud?
- A. Financial Services Cloud includes a group record type for households
- B. Financial Services Cloud includes a group record type for businesses
- C. A group is a type of account record that people and businesses can be related to through the Financial Account relationship object
- D. A group is a type of account record that people and businesses can be related to through the account contact relationship object.
Answer: A,D
Explanation:
The following statements are true for a Group in Financial Services Cloud:
Financial Services Cloud includes a group record type for households, which is a record type that represents a collection of individuals who share financial goals, such as family members or roommates.
A group is a type of account record that people and businesses can be related to through the account contact relationship object, which is a junction object that links an account to a contact or an individual and defines their role or relationship with that account.
NEW QUESTION # 117
Which three processes are part of Claims Management?
- A. Underwriting
- B. Payment
- C. Auto Adjudication
- D. Reserve Management
- E. Quoting
Answer: B,C,D
Explanation:
The following processes are part of Claims Management:
Auto Adjudication, which is a process that allows claims to be processed automatically without human intervention, based on predefined rules and criteria. Auto adjudication can improve the efficiency and accuracy of claims processing and reduce operational costs.
Reserve Management, which is a process that involves estimating and setting aside funds for future claims payments. Reserve management can help insurers manage their cash flow and solvency and comply with regulatory requirements.
Payment, which is a process that involves disbursing funds to claimants or providers after a claim has been approved. Payment can involve different methods, such as check, electronic funds transfer, or debit card. Payment can affect the customer satisfaction and retention rate of insurers.
NEW QUESTION # 118
What benefits do Flows for Financial Services Cloud offer to support customer onboarding?
- A. Flows enable customers to schedule appointments via customer communities, mobile apps. or websites.
- B. Flows enable customers to schedule appointments via customer communities, motxie apps. or websites.
- C. Flows provide step-by-step guidance for common service requests, such as change of address, or change of beneficiary, without the need to * navigate to different screens.
- D. Flows enable customers to book appointments with the nght specialist at the right time and place through self-service scheduling
- E. Flows systematically capture and visualize important customer Life Events to drive more personalized and need-based engagements.
Answer: C
NEW QUESTION # 119
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