Question 1

Our Personal Banker Hank Burton wants to encourage his customers to provide required documents for a loan application. He creates Document Checklist Items that help his customers to manage file uploads to speed up loan approval. For which of the following records does Salesforce support Document Checklist Items out of the box?

Options :

A : Contact

B : Lead

C : Account

D : Residential Loan Application

E : Opportunity

Answer: A,C,D

Question 2

Which of these Object Types are part of the Financial Services Cloud Data Model (Select 3)

Options :

A : FSC Packaged Objects

B : FSC Marketing Objects

C : Sales or Service Objects

D : FSC Standard Objects

E : Action Plan Objects

Answer: A,C,D

Question 3

Which of these statements are true for Rollups in Financial Services Cloud?

Options :

A : Rollups are done at both the client and group levels

B : All financial accounts information, such as account balances are calculated and summarized at the Financial Account Summary level

C : Activities can not be rolled up on the activity timeline at group/household level.

Answer: B

Question 4

Lake Tahoe Bank would like to reslricl their Financial Services Cloud users from viewing certain types of milestones that might be irrelevant to their customers or might cause negative sentiment. How can the Salesforce Admin implement such a requirement?

Options :

A : The Salesforce Admin can manage sensitive Life Evenls using sharing rules.

B : The Salesforce Admin can hide the life Event or Business Milestone type, by removing it from the Event Type picklist.

C : The Salesforce Admin can hide sensitive Life Events on Ihe Life Events component on the Lightning Page using the Properties pane.

D : The Salesforce Admin can manage sensitive Life Events using Permission Sets.

Answer: C

Question 5

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

Options :

A : An RBL (Rollup By Lookup) rule displays summary calculations of financial account information, such as account balances.

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

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

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

E : RBL rules do not require a lot of processing power.

Answer: A,C,D

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