[UPDATED 2026] Financial-Services-Cloud dumps Free Test Engine Verified By Certified Experts
Realistic Financial-Services-Cloud Accurate & Verified Answers As Experienced in the Actual Test!
The FSC Accredited Professional Certification Exam covers a wide range of topics, including financial services industry trends, Salesforce Financial Services Cloud capabilities, and best practices for implementing and managing Salesforce Financial Services Cloud. Salesforce Financial Services Cloud (FSC) Accredited Professional certification exam is designed to assess a candidate’s ability to manage financial services products using Salesforce Financial Services Cloud, including managing client data and relationships, setting up financial accounts, and generating reports.
If you are interested in becoming a certified Salesforce FSC professional, then the Salesforce FSC Accredited Professional Exam is an essential step in achieving this goal. Financial-Services-Cloud exam is challenging, but it is also highly rewarding. By passing the exam, you will demonstrate your expertise in the platform, and you will be well-positioned to advance your career in the financial services industry. So, if you are ready to take your knowledge of the Salesforce FSC platform to the next level, then the Salesforce FSC Accredited Professional Exam is the perfect opportunity to do so.
NEW QUESTION # 41
Users at Lake Bank have been creating multiple events for once in a lifetime event such as birth. What should an Administrator do to prevent users from accidentally creating more than one event of such an event type?
- A. Remove user's ability to create one-time events
- B. Select the Unique checkbox on the picklist value for the Event Type field on the Person Life Event object
- C. Create a validation rule that will stop the user if they attempt to add multiple one-time events.
- D. Create an Apex trigger that will prevent the saving of multiple one-time events
Answer: B
NEW QUESTION # 42
Rachel is the primary member of the Adams household hired a new attorney. What type of relationship should the Wealth Advisor create in Financial Services Cloud for Rachel and her attorney before assigning the reciprocal role of "Attorney"?
- A. Create a Contact-Contact Relationships between the primary member of the Adams Household and the attorney.
- B. Create an Account-Contact relationship between the Adams Household and the attorney.
- C. Create an Account-Account Relationship between the Addams Family Trust and the attorney.
- D. Create an Account-Account relationship between the Adams Household and the attorney
Answer: A
Explanation:
Explanation
To create a relationship between Rachel and her attorney before assigning the reciprocal role of "Attorney", the Wealth Advisor should create a Contact-Contact Relationship between the primary member of the Adams Household and the attorney. A Contact-Contact Relationship is a junction object that links two contacts or individuals and defines their relationship with each other2. By using Contact-Contact Relationship, the Wealth Advisor can capture Rachel's extended network of relationships with people outside of her household.
Verified References: 2
NEW QUESTION # 43
A user is having trouble logging into Salesforce. The users login history shows that this person has attempted to log in multiple times and has been locked out of the organization.
How can the system administrator help the user log into Salesforce? (2 answers)
- A. Log in as the user and enter a new password
- B. Click reset password on the users record detail page.
- C. Send an email to the user containing the user's password
- D. Click unlock on the users record detail page
Answer: B,D
NEW QUESTION # 44
Universal container has two sales groups; each group has its own unique sales process.
What is the best way to ensure that sales representatives have access to only the stages relevant to their sales process when working on opportunities?
- A. Record Types
- B. Roles
- C. Multi-Select Picklists
- D. Page Layouts
Answer: A
NEW QUESTION # 45
Not all life events or business milestones apply to every customer. To create a better customer experience, you can hide the life events or business milestones a customer hasn't achieved or is unlikely to achieve in the future.
Which of the following statements are correct?
- A. When you hide a life event or business milestone type, it doesn't appear on the component until you add an event or milestone of that type.
- B. Life Events can not be displayed on the Household level of the Account Record
- C. It is possible to hide Sensitive Life Event or Business Milestone Types in the Insurance Agent Portal.
- D. The option to hide life event types or business milestone types is not available in the Communities version of the Life Events or Business Milestones component.
Answer: A,C
NEW QUESTION # 46
Which one of the following statements is not correct about Action Plans?
- A. Capture repeatable tasks in templates and then automate the task sequences with an action plan.
- B. Automatically schedule the next appointment with the Advisor
- C. Manage customer engagements consistently and collaboratively with automated and compliant task orchestration.
- D. Enhance collaboration and productivity by automatically assigning task owners and deadlines for specific client engagement, such as account openings, loan approvals, and claims processing.
Answer: B
NEW QUESTION # 47
A System Administrator has received a note from one of the portfolio managers that the Actionable Relationship Center (ARC) is not visible when the portfolio manager was trying to set up relationships between two accounts. The portfolio manager has also mentioned that other colleagues in the same role have access to it and are able to use it to manage their customer's relationships. What is a possible cause for this?
- A. The portfolio manager does not have access to the account records that he is trying to create for.
- B. The portfolio manager has not been given the permissions that enable users to view and manage ARC
- C. The ARC Component has not been added to the page layout
- D. The portfolio manager does not have access to the Lightning page that has the ARC component added
Answer: B
NEW QUESTION # 48
Lake Tahoe Bank has branch offices in many countries around the world and they are planning to roll out Financial Services Cloud. Which of the 2 considerations does the Salesforce Admin have to keep in mind when it comes to dealing with multiple currencies?
- A. When filtering by currency values in reports or list views, users must specify a currency ISO code, such as USO or GBP. before the value.
- B. For each user, the user currency must correspond to the default currency for the user's locale
- C. When multicurrency is enabled in FSC. advanced currency management is also available
- D. The Salesforce Admin can enable or disable multiple currencies if needed
Answer: A,C
Explanation:
Explanation
Multicurrency is a feature in Salesforce that allows you to work with multiple currencies in your org. If you enable multicurrency in FSC, you need to consider the following:
When filtering by currency values in reports or list views, users must specify a currency ISO code, such as USD or GBP, before the value. For example, USD500 or GBP300.
When multicurrency is enabled in FSC, advanced currency management is also available. This feature allows you to track historical exchange rates and apply them to opportunities and forecasts.
NEW QUESTION # 49
Which chart type can be used to display summary values from two different levels of grouping in a report. (2 answers)
- A. Grouped line chart
- B. Donut chart
- C. Stacked bar chart
- D. Funnel chart
Answer: A,C
NEW QUESTION # 50
Which three standard fields are available to track a customer's retirement goal process?
- A. Actual Value
- B. Target Value
- C. Total Value
- D. Contributions
- E. Target Date
Answer: A,B,E
NEW QUESTION # 51
Lake Tahoe Bank is evaluating Financial Services Cloud to help them deliver a customer-centric view. They currently have a heavily customized Salesforce implementation with a product-centric design. Lake Tahoe Bank wants to make sure planned changes have a minimal impact on users during implementation. What is the recommended approach for implementing Financial Services Cloud at Lake Tahoe Bank?
- A. Implement Financial Service Cloud in a new org (Green Field) and redesign business capabilities in Ihe new org.
- B. Implement Financial Service Cloud in the existing org (Brow Field).
- C. Implement Financial Service Cloud in the existing org's Sandbox and then deploy to production org to mitigate the end-user impact
- D. Implement Financial Service Cloud in a Trial org and convert the Trial org to production org.
Answer: A
Explanation:
The recommended approach for implementing Financial Services Cloud at Lake Tahoe Bank is to implement Financial Service Cloud in a new org (Green Field) and redesign business capabilities in the new org. This approach allows Lake Tahoe Bank to leverage the best practices and features of Financial Services Cloud without being constrained by their existing customizations and data model. It also minimizes the impact on users during implementation, as they can continue to use their current system until the new org is ready to go live. A green field implementation requires careful planning, data migration, and change management, but it can result in a more efficient and customer-centric solution. Verified Reference: : Salesforce Financial Services Cloud Implementation Guide, page 8.
NEW QUESTION # 52
Which feature license can be assigned to a user record in Salesforce (2 answers)
- A. Service cloud user
- B. Console user
- C. Opportunity user
- D. Knowledge user
Answer: A,D
NEW QUESTION # 53
How should developers configure customized nodes for display in Actionable Relationship Center (ARC)?
- A. Reference the Lightning web component in the Display properties of the custom ARC relationship graph.
- B. Select OmniScript from the node Actions tab U^jhow the node in an OmniScript.
- C. Select Use FlexCard from the node Display tab to show the node in a FlexCar
- D. Reference the FlexCard in the Display properties of the custom ARC relationship graph.
Answer: D
Explanation:
To configure customized nodes for display in Actionable Relationship Center (ARC), developers should reference the FlexCard in the Display properties of the custom ARC relationship graph. A FlexCard is a tool that allows users to create custom user interfaces for displaying data from Salesforce or external systems using OmniScripts and Integration Procedures. A custom ARC relationship graph is a metadata type that defines the nodes and edges of a custom relationship graph for ARC. By referencing the FlexCard in the Display properties of the custom ARC relationship graph, developers can customize the look and feel of the nodes and display data from various sources on them.
NEW QUESTION # 54
How should developers configure customized nodes for display in the Actionable Relationship Center (ARC)?
- A. Reference the Lightning web component in the Display properties of the custom ARC relationship graph.
- B. Reference the flex Card in the Display properties of the custom ARC relationship graph.
- C. Select Omni Script from the node Actions tab to show the node in an Omni Script.
- D. Select Use Flex Card from the node Display tab to show the node in a Flex Card
Answer: B
NEW QUESTION # 55
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 current implementation is using a product-centric view and the bank wants to move to a customer- centric view.
- 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 bank has limited redesign opportunities for business capabilities.
- E. The bank wants to use this project as an opportunity toretire customization
Answer: A,C,E
Explanation:
The following considerations indicate that a new Salesforce org is the better choice for implementing Financial Services Cloud:
The bank wants to use this project as an opportunity to retire customization. A new org will allow the bank to start fresh and avoid carrying over unnecessary or outdated customization that may conflict with Financial Services Cloud features or best practices.
The current implementation is using a product-centric view and the bank wants to move to a customer-centric view. A new org will allow the bank to adopt the Financial ServicesCloud data model, which is designed to provide a holistic view of the customer and their relationships, goals, financial accounts, activities, and interactions.
Existing business capabilities and processes can be redesigned to deliver a higher business impact. A new org will allow the bank to leverage the Financial Services Cloud capabilities, such as Action Plans, Relationship Groups, Rollup By Lookup, Service Processes, etc., to optimize their business processes and enhance their customer experience. Verified References: : Salesforce Help Article 6
NEW QUESTION # 56
What Report functionality would you use in order to quickly categorize report records without creating a formula or a custom field?
- A. Matrix Report
- B. Bucketing
- C. Schedule
- D. Joined Report
- E. Export
Answer: B
NEW QUESTION # 57
A client has called their Financial Advisor to open an Education Savings Account for their first child. What 2 steps should the Financial Advisor take in the Financial Services Cloud App to capture that information?
- A. Create a Life Event for the birth of the child and a Referral for the Education Savings Account
- B. Create a Referral for the Banker for an Education Savings Account
- C. Create a case and include the target Savings amount for the Education Savings Account and relate the case to the child's Person Account.
- D. Create two Life Events, one for the birth of the child and one for the Education Savings Account.
- E. Create a Life Event for the birth of the child and a Financial Goal for the Education Savings Account
Answer: A,E
Explanation:
Explanation
The following steps should be taken by the Financial Advisor in Financial Services Cloud App to capture the information about opening an Education Savings Account for their client's first child:
Create a Life Event for the birth of the child and a Referral for the Education Savings Account. A Life Event is a construct in Financial Services Cloud that allows you to track significant events in your client's life that may affect their financial needs or goals. You can use Life Events to create a record for the birth of the child and link it to the client's account. A Referral is a construct in Financial Services Cloud that allows you to capture a customer need or interest and assign it to another advisor or line of business. You can use Referrals to create a record for the Education Savings Account and route it to the appropriate banker.
Create a Life Event for the birth of the child and a Financial Goal for the Education Savings Account. A Financial Goal is a construct in Financial Services Cloud that allows you to track your client's financial objectives and measure their progress towards achieving them. You can use Financial Goals to create a record for the Education Savings Account and associate it with the client's account and financial accounts. Verified References: : Salesforce Financial Services Cloud User Guide, page 29. : Salesforce Financial Services Cloud User Guide, page 30. : Salesforce Financial Services Cloud User Guide, page
33.
NEW QUESTION # 58
True or False? A button to "Open Relationship Center" can be added to Account, Contact and Opportunity page layouts.
- A. False
- B. True
Answer: B
NEW QUESTION # 59
The Salesforce Admin at Lake Tahoe Bank considering implementing Financial Services Cloud. What is the best way for the Admin to access a Financial Services pre-configured org, including data and the right licenses, to learn about the product?
- A. Request a 30-day Financial Services Cloud trial org
- B. Spin up a Salesforce sandbox org.
- C. Request a Salesforce developer org.
- D. Purchase one license of Financial Services Cloud and install it in a production org.
Answer: A
Explanation:
Explanation
The best way for the Admin to access a Financial Services Cloud pre-configured org, including data and the right licenses, to learn about the product is to request a 30-day Financial Services Cloud trial org. You can sign up for the 30-day trial using this form 4. You get preconfigured and preloaded sample data so you can start playing around in your new org right away. Once you're done testing it out, you can transition your trial org to a production org with the help of your account executive or solution engineer. Verified References: : Trailhead Module 5
NEW QUESTION # 60
Scott Adams calls his Personal Banker Hank Burton to apply for a loan to buy a boat. Hanks wants to refer Scott to the loan department, but the current process is manual and time-consuming. Hank is asking the bank's System Administrator to automate Referral creation in Salesforce. How can the Admin speed up and simplify Referral creation?
- A. Use the Case process and create Cases with Case Type 'Referrar'.
- B. Use Global Action To create Referrals.
- C. Write a trigger to create Referrals from a 'Create Referral* button.
- D. Use
Answer: B
Explanation:
Explanation
To speed up and simplify Referral creation in Salesforce, the Admin can use Global Action to create Referrals.
Global Actions are actions that let users create records without leaving their current page or context. By using Global Actions, the Admin can enable Hank to create Referrals from any page in Salesforce, such as Chatter, Home, or Account pages. The Admin can also customize the layout and fields of the Global Action to capture only relevant information for Referrals
NEW QUESTION # 61
To access all Financial Services Cloud (FSC) functionalities available out of the box, a consultant must install the FSC Managed Package and the Unmanaged Extension Packages.
Which two functionalities are included in the FSC Unmanaged Extension Packages?
- A. The Commercial Banking dashboard
- B. Field sets that configure how fields display in the client and household profiles
- C. Predefined list views of clients and households
- D. Custom objects to track Financial Accounts and Household
Answer: A,B
Explanation:
Reference: Financial Services Cloud Packages
Explanation: Financial ServicesCloud functionality is available from two packages: the managed package and the unmanaged extension packages. The managed package contains most of the Financial Services Cloud functionality, such as custom fields and objects, list views and profiles of clients and households, and administrative configurations. The unmanaged extension packages provide additional functionality that is not included in the managed package, such as:
The Commercial Banking dashboard: This is a dashboard that provides insights into commercial banking activities and performance, such as loan portfolio health, deposit growth, referral pipeline, and customer satisfaction. The Commercial Banking dashboard is included in the unmanaged commercial banking extension package.
Field sets that configure how fields display in the client and household profiles: These are field sets that determine which fields are displayed in different sections of the client and household profiles, such as Client Overview, Household Overview, Client Details, Household Details, etc. The field sets are included in the unmanaged extension package.
NEW QUESTION # 62
What does the Salesforce Admin have to install to provide users access to referral dashboards and reports?
- A. The managed extension package for intelligent Need-Based Referrals and Scoring
- B. Salesforce CRM Dashboards
- C. Einstein Analytics for Financial Services
- D. The unmanaged extension package for Intelligent Need-Based Referrals and Scoring
Answer: D
NEW QUESTION # 63
The Compliant Data Sharing (CDS) feature lets administrators and compliance managers configure advanced data-sharing rules so that they can improve compliance with regulations and company policies.
Which three things should be considered when implementing CDS in Financial Services Cloud (FSC)?
- A. CDS in FSC allows record owners to grant access to their records to other FSC users.
- B. To get the benefits of CDS, administrators must set organization-wide sharing settings for supported objects to the Private access model.
- C. To disable CDS for an object, any Participant Roles associated with that object must be deleted first.
- D. Users above the record owner in the Role Hierarchy and non-record owners with Edit access granted through CDS have the same ability/access as record owners,
- E. CDS can only be applied to FSC objects and Account and Opportunity objects.
Answer: A,B,E
Explanation:
Explanation
Compliant Data Sharing (CDS) is a feature of Financial Services Cloud that lets administrators and compliance managers configure advanced data-sharing rules so that they can improve compliance with regulations and company policies. Some of the things to consider when implementing CDS in Financial Services Cloud (FSC) are:
CDS in FSC allows record owners to grant access to their records to other FSC users. Record owners can use the Manage Participants component on record pages to share their records with other users who have relevant roles or permissions6.
CDS can only be applied to FSC objects and Account and Opportunity objects. CDS supports sharing for Account, Opportunity, Financial Account, Financial Holding, Financial Goal, Referral, Relationship Group, Action Plan Template, Action Plan, Action Item Template, Action Item, Interaction Summary, Interaction Summary Participant Role Assignment, Interaction Summary Participant Role Definition7.
To get the benefits of CDS, administrators must set organization-wide sharing settings for supported objects to the Private access model. This ensures that only record owners and users above them in the role hierarchy have access to the records by default8.
References:
Compliant Data Sharing
Work with Compliant Data Sharing
NEW QUESTION # 64
The Salesforce Admin at Lake Tahoe Wealth Management Company wants to ensure that the advisors at his firm can quickly see the most important client data in the Actionable Relationship Center (ARC). What must the Admin configure for each object to display the most important fields on the side panel of ARC?
- A. Lightning Record Pages
- B. Page Layout
- C. Search Layout
- D. Field Sets
- E. Compact Layout
Answer: E
Explanation:
Explanation
To display the most important fields on the side panel of ARC, the Admin must configure the Compact Layout for each object. The Compact Layout is a layout that determines which fields appear in key places in Salesforce such as record highlights areas, list views, lookup dialogs, and global search results. The Admin can use the Compact Layout to select up to 10 fields that are most relevant for each object and display them on the side panel of ARC
NEW QUESTION # 65
......
Latest Salesforce Financial-Services-Cloud Practice Test Questions: https://validdumps.actual4test.com/Financial-Services-Cloud_examcollection.html