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| Section | Weight | Objectives |
|---|---|---|
| Implementation and Configuration | 10% | - Best practices for deployment - Security model considerations - Setup and configuration basics |
| Analytics and Reporting | 12% | - Financial Services Cloud reports and dashboards - Custom reporting requirements - Key metrics for financial advisors |
| Data Model and Architecture | 18% | - Relationship mapping between accounts and contacts - Individual and Household data model - Custom objects for financial products - Financial Account and Financial Holding objects |
| Wealth Management Capabilities | 20% | - Financial goals and planning - Investment portfolio management - Performance monitoring - Asset allocation tracking |
| Banking and Lending Features | 15% | - Compliance and regulatory considerations - Digital lending workflows - Account aggregation |
| Client Management | 15% | - Relationship types and hierarchy - Household management - Client profiling and segmentation - Client lifecycle management |
| Financial Services Cloud Overview | 10% | - Core capabilities of Financial Services Cloud - Key differentiators from standard Salesforce CRM - Use cases for Banking, Wealth Management, and Insurance |
1. During the design phase of a project, a consultant needs to provide a Financial Services Cloud (FSC) solution for a business requirement that forces a customer to answer a number of assessment questions to complete the onboarding process.
What are three things to consider regarding Discovery Framework?
A) Discovery Framework creates highly capable forms with integrations and advanced logic.
B) FSC Discovery Framework allows archiving questions.
C) Discovery Framework can create both standard and hierarchical questions.
D) Discovery Framework is built based on Salesforce Flow.
E) Discovery Framework forms cannot be deployed to Communities,
2. Which three of the following statements are correct about the Actionable Relationship Center Manager (ARC)?
A) ARC is certified to work with Person Accounts and Individual Accounts.
B) ARC displays up to 5 related lists that have a configured compact layout.
C) To enable users to see the ARC, you will need to add the component for ARC to the page layout.
D) The Association Type picklist controls the account-account relationship that display in the ARC.
E) The Salesforce Admin has to create a permission set for granting access to the ARC - FSC Lightning component.
3. The Salesforce Admin at Lake Tahoe Bank considering implementing Financial Services Cloud. What is thebest way for the Admin to access a Financial Services pre-configured org, including data and the right licenses, to learn about the product?
A) Spin up a Salesforce sandbox org.
B) Request a 30-day Financial Services Cloud trial org
C) Purchase one license of Financial Services Cloud and install it in a production org.
D) Request a Salesforce developer org.
4. How shoulddevelopers configure customized nodes for display in the Actionable Relationship Center (ARC)?
A) Reference the flex Card in the Display properties of the custom ARC relationship graph.
B) Select Use Flex Card from the node Display tab to show the node in a Flex Card
C) Select Omni Script from the node Actions tab to show the node in an Omni Script.
D) Reference the Lightning web component in the Display properties of the custom ARC relationship graph.
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) Identification Document
B) Document Checklist Item
C) Received Document
D) Identity Document
Solutions:
| Question # 1 Answer: A,B,C | Question # 2 Answer: B,C,D | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: A |
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