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Pass Guaranteed Financial-Services-Cloud - Updated Salesforce Financial Services Cloud (FSC) Accredited Professional Test Collection Pdf

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Salesforce Financial Services Cloud (FSC) is a cloud-based solution that helps financial services firms to deliver personalized advice and guidance to their clients. The solution is designed to help financial advisors, wealth managers, and private bankers to deepen their relationships with clients and provide them with a more comprehensive view of their finances. Salesforce Financial Services Cloud (FSC) Accredited Professional certification exam validates the skills and knowledge of professionals who use FSC to deliver these services.

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The FSC Accredited Professional Certification Exam covers a wide range of topics related to Salesforce CRM and financial services, including customer management, financial planning, wealth management, insurance, and banking. Financial-Services-Cloud Exam Tests your knowledge of Salesforce CRM features and functionalities, such as automation, data management, reporting, and analytics. It also evaluates your understanding of financial services industry-specific regulations, compliance, and best practices.

Salesforce Financial Services Cloud (FSC) Accredited Professional Sample Questions (Q14-Q19):

NEW QUESTION # 14
Which statement is true regarding an approval process? (2 answers)

A. An approval action defines the result of record approval or rejection
B. An assignment rule defines the approver for each process step
C. The approval history related list can be used to track the process
D. A delegated approver can reassign approval requests

Answer: A,C

NEW QUESTION # 15
Permission set licenses incrementally entitle users to access features that are not included in their user licenses. Which three Permission Set Licenses give users access to Financial Services Cloud features?

A. Lightning Scheduler Resource
B. Mortgage
C. Action Plans
D. FSC Insurance
E. Financial Services Cloud Standard

Answer: C,D,E

NEW QUESTION # 16
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. Create lookup fields on the Financial Account object to support additional owners
B. Map the primary owner and one joint owner to the Financial Account, because FSC, supports only two joint account owners.
C. Map additional owners using the Financial Account Role.
D. Map additional owners using the Actionable Relationship Center.

Answer: C

NEW QUESTION # 17
Personal Banker Hank Burton receives a call from the client Rachel Adams. Rachel can't access her checking account details. What FSC feature that links customers, financial accounts, or households to specify issues should Hank use to report this issue?

A. Cases & Alerts
B. Activities
C. Service Requests
D. Relationship Builder and Map

Answer: A

NEW QUESTION # 18
Cumulus Bank has branches in multiple countries that are required to report in local currency, while the corporate headquarters office wishes to see reports in a single currency (the corporate currency).
Which solution should a consultant recommend to meet these requirements?

A. Set the default currency for head office and have the regions download their reports to Excel and convert them manually.
B. Enable multiple currencies and advanced currency management, and set a corporate currency for the corporate headquarters office.
C. Use a third party from AppExchange add-on to implement currency conversions.
D. Allowusers to set their preferred currency in their profile and design reports that convert currencies for the user running the report.

Answer: B

Explanation:
Reference: Discover Multiple Currency Settings Unit | Salesforce Trailhead Explanation: Multiple currencies is a feature of Salesforce that allows organizations to work with more than one currency in their records, reports, and forecasts. Multiple currencies can help organizations that operate in different countries or regions to manage their financial data in local currencies, while also providing a consistent view of the data in a single corporate currency. Advanced currency management is a feature of Salesforce that allows organizations to track historical exchange rates and apply them to records based on their close date. Advanced currency management can help organizations that deal with fluctuating exchange rates to accurately report on their revenue and performance over time.
To enable and apply multiple currencies, the administrator needs to do the following steps:
From Setup, in the Quick Find,search for Company Information, then select Company Information.
Click Edit.
Check Activate Multiple Currencies.
Click Save.
From Setup, in the Quick Find, search for Manage Currencies, then select Manage Currencies.
Click Enable Advanced Currency Management.
Click Save.
Set the corporate currency for the corporate headquarters office by editing the currency field on the account record.

NEW QUESTION # 19
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