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

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?

Options :

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

B : Beyond the preconfigured settings, evaluate whether they need advanced customizations

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

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

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

Answer: A,B,D

Question 3

Lake Tahoe Bank has duplicate client records in their current CRM system because they come from a different systems of record. Any changes made in Salesforce should be updated in the source system. What can a Salesforce Administrator do to help bankers get a consolidated view of the individual in the Financial Services Cloud?

Options :

A : Leverage Financial Services Cloud Relationship Groups to link duplicate client records and create a consolidated view.

B : Implement deduplication rules in Salesforce and let the integration handle the updates to the source system.

C : Create a custom Person Account hierarchy to link duplicate client records.

D : Create custom components to provide a single view of the client.

E : Link individuals using related contacts to link duplicate client records

Answer: A

Question 4

The Actionable Relationship Center can display which of the following relationships in the tree pane? Select 3 answers.

Options :

A : Account-Account Relationships

B : Any Related List for the selected object record

C : Up to 5 Related Lists for an Account Record

D : Account-Contact Relationships

E : Up to 5 Related Lists for a non-Account Record

Answer: A,D

Question 5

The Lake Tahoe Bank Salesforce Admin is planning to migrate data into the new Financial Services Cloud org. The Admin can control whether Rollup By Lookup (RBL) rules or record rollups are queried and calculated. Before initiating data insert or update operations, the Admin wants to disable rollups to speed up data loading. Where in Salesforce would the Admin temporarily disable rollups to accelerate uploads?

Options :

A : Object Settings

B : Company Settings

C : App Manager

D : Custom Settings

Answer: D