Salesforce Financial Services Cloud Accredited Professional : AP-208

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Salesforce Financial Services Cloud Accredited Professional Sample Questions:

1. Which of the following statements are correct when creating Financial Goals?

A) Users can only create savings oriented goals.
B) Users can create goals for paying down debt
C) Users require the Financial Goals permission set to works with Financial Goals
D) Users can associate a goal with a specific Financial Account.

2. The Salesforce Administrator at Lake Tahoe Bank is asked at make modifications to the Salesforce org to allow for more than one people being joint owners on a Financial Account. What will be the recommended approach to model this requirement?

A) Map additional owners using the Financial Account Role.
B) Map the primary owner and one joint owner to the Financial Account, because FSC, supports only two joint account owners.
C) Create lookup fields on the Financial Account object to support additional owners
D) Map additional owners using theActionable Relationship Center.

3. One administrator user at a financial services company needs to help management build reports and gain insights into business performance by including branch management reportable objects.
Which two considerations should the administrator include when configuring the report?

A) When Branch Unitis the primary object, the administrator can select Branch Unit Customers or Branch Unit Related Records as related objects.
B) Branch Unit Related Record report types have related object names including Lead, Account, and Contact but exclude Financial Account.
C) The reportable objects include Banker. Branch Unit, Branch Unit Related Records, and Branch Unit Customer.
D) Bankers with Branches withOpportunities, Accounts. Leads, and Contacts report types are available for creating reports with Branch Unit Related Records.

4. Lake Tahoe Bank, an existing Salesforce customer, is planning to implement Financial Services Cloud. Their Salesforce Admin is considering whether to use a new Salesforce org or upgrade the existing org. Which three of the considerations below indicate that a new Salesforce org is the better choice9

A) The bank has limited redesign opportunities for business capabilities.
B) Data migration is a big concern The current org has a large amount of data and the Bank wants to minimize data migration efforts.
C) Existing business capabilities and processes can be redesigned to deliver a higher business impact
D) The current implementation is using a product-centric view and the bank wants to move to a customer- centric view.
E) The bank wants to use this project as an opportunity toretire customization

5. A financial services company needs a custom field for reporting when relating two business accounts to each other. Which object should the administrator configure the custom field on?

A) Account
B) Contact-Contact Relationship
C) Account Account Relationship
D) Account Contact\Relationship

Solutions: