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Salesforce Financial Services Cloud (FSC) Accredited Professional Sample Questions (Q10-Q15):

NEW QUESTION # 10
Which of the following is NOT an area that Salesforce Financial Services Cloud serves?

• A. Corporate & Institutional Banking
• B. Lending Services
• C. Asset Management
• D. Legal Services

Answer: D
NEW QUESTION # 11
What are the challenges Financial Institutions face? (Select all that apply)

• A. Regulatory compliance
• B. Not enough data
• C. Isolated data and outdated systems
• D. Rising class of new competitors

Answer: A,B,D
NEW QUESTION # 12
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. Data migration is a big concern The current org has a large amount of data and the Bank wants to minimize data migration efforts.
• B. The current implementation is using a product-centric view and the bank wants to move to a customer-centric view.
• C. The bank wants to use this project as an opportunity to retire customization
• D. Existing business capabilities and processes can be redesigned to deliver a higher business impact
• E. The bank has limited redesign opportunities for business capabilities.

Answer: A,D,E
NEW QUESTION # 13
Which of these statements is correct?

• A. Assigning the Action Plan permission set automatically assigns an Action Plans permission set license to the user.
• B. Lightning is not required to enable Action Plans
• C. To give users access to the new action plans feature, you must add the Action Plans permission set to the user.
• D. To assign the Action Plans permission set the user must have a Financial Services Cloud license.

Answer: C
NEW QUESTION # 14
Lake Tahoe Bank SF admin is planning to migrate date into the new FSC 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 SF would the admin disabled rollups to accelerated loads? (1 correct answer)

• A. App Manager
• B. Company Settings
• C. Custom Settings
• D. Object Settings

Answer: C
NEW QUESTION # 15
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