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 Financial-Services-Cloud Dumps with Practice Exam Questions Answers

Questions: 168 questions With Step-by-Step Explanation

Last Update: Dec 26, 2024

Financial-Services-Cloud Question Includes: Single Choice Questions: 88, Multiple Choice Questions: 80,

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Salesforce Financial-Services-Cloud Practice Exam FAQs

1. What is the Salesforce Financial-Services-Cloud Exam?


The Salesforce Financial-Services-Cloud Exam is a certification test designed to validate the skills and knowledge of professionals in using Salesforce Financial Services Cloud. This exam assesses your ability to implement and manage financial services solutions using Salesforce’s specialized cloud platform.

2. Who should take the Salesforce Financial-Services-Cloud Exam?


The Salesforce Financial-Services-Cloud exam is ideal for financial advisors, wealth managers, and other professionals in the financial services industry who use Salesforce Financial Services Cloud to manage client relationships, drive sales, and optimize operations.

3. What topics are covered in the Salesforce Financial-Services-Cloud Exam?


The Salesforce Financial-Services-Cloud exam covers various topics, including household and relationship management, financial accounts and rollups, referral management, action plans, and compliance management.

4. How many questions are on the Salesforce Financial-Services-Cloud Exam?


The Salesforce Financial-Services-Cloud exam consists of 55 multiple-choice questions that need to be completed within a specified time limit.

5. What is the passing score for the Salesforce Financial-Services-Cloud Exam?


The passing score for the Salesforce Financial-Services-Cloud exam is typically around 65%.

6. What is the difference between Salesforce Financial-Services-Cloud and Salesforce-Communications-Cloud Exams?


The Salesforce Financial-Services-Cloud and Salesforce-Communications-Cloud exams are designed for different industry-specific applications of Salesforce. Here are the key differences between the two:

  • Financial-Services-Cloud: The Financial-Services-Cloud Exam is aimed at professionals in the financial services industry, such as financial advisors, wealth managers, and bankers. It focuses on managing client relationships, financial accounts, and compliance within the financial sector.
  • Salesforce-Communications-Cloud: The Salesforce-Communications-Cloud Exam is intended for professionals in the communications industry, including telecom operators and media companies. It emphasizes managing customer interactions, service orders, and network operations.

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DumpsTool’s Financial-Services-Cloud practice questions providing you with a comprehensive understanding of the key concepts and scenarios in the Financial Services Cloud. This allows students and professionals to grasp the subject matter thoroughly, ensuring they are well-prepared for the Financial-Services-Cloud exam.

9. Is there a money-back guarantee if I fail the Salesforce Financial-Services-Cloud Exam?


Yes, DumpsTool provides a money-back guarantee if you do not pass the exam after using our Financial-Services-Cloud study materials. This success guarantee ensures that you are investing in quality materials designed to help you succeed.

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Financial-Services-Cloud Questions and Answers

Question # 1

An investment bank client wants all its users to track client engagements with Interaction Summaries. In addition, those call logs need to be shared with specialists in other lines of business so they can assist in specific types of deals.

Which three Financial Services Cloud standard objects should be used to help accommodate these business requirements?

A.

Interaction Summary Participant

B.

Financial Deal Participant

C.

Participant Role

D.

Interaction Participant

E.

Opportunity Participant

Question # 2

What is a key step in identifying different business processes and outlining encompassing system flows based on the existing environment when setting up Salesforce Financial Services Cloud (FSC)?

A.

Creating a new Salesforce instance from scratch for the customer

B.

Importing the customer's existing data into Salesforce FSC without any modifications

C.

Implementing a generic, one-size-fits-all solution for all customers

D.

Conducting a gap analysis between the customer's current processes and Salesforce FSC capabilities

Question # 3

A new custom object has been created, and the records of this object will be created through integration with another system What should a consultant do to ensure the data is loading into the correct fields in Financial Services Cloud?

A.

Create a junction object between the external system and the new customer object where the data will reside

B.

Ensure custom metadata is configured and each custom metadata record details where the data will be sent

C.

Use a CSV file with the data created and use Data Loader to map to the correct field

D.

Utilize a field mapping file with the external system (allocation and the corresponding field in Salesforce

Question # 4

A financial services company needs to capture a new type of referral that has different required fields than what is currently configured in the org.

Which three steps should the administrator take to configure Financial Services Cloud correctly based on the scenario?

A.

Assign the record type to users.

B.

Create a new record type Referral' on the Lead object.

C.

Create a new referral record type mapper record.

D.

Create a custom Referral object.

E.

Update the lead page layout.

Question # 5

An asset management firm that is moving to Salesforce from its old CRM wants to be able to bring over its client data on drivers’ licenses and passports. 55m 058

Which Financial Services Cloud object should a consultant recommend?

A.

Document Checklist Item

B.

Received Document

C.

Identification Document

D.

Identity Document