Free Salesforce Financial Services Cloud Accredited Professional (AP-208) Exam Dumps and Financial Services Cloud Accredited Professional (AP-208) Exam Questions

Question No: 11

MultipleChoice

The Salesforce Admin at Lake Tahoe Bank is implementing Financial Services Cloud and

wants to rollup financial data at the client and group levels? What functionality can Rollup

By Lookup (RBL) provide for this requirement?

Options

ARollup By Lookup (RBL) displays associated records for Financial Accounts, Financial Goals and Opportunities.

BRollups for multiple joint owners are not supported.

CWhen you edit a financial account record or primary Group membership, the Rollup By Lookup (RBL)
configuration updates the corresponding RBL summaries at the client and Group levels.

DAn RBL rule displays summary calculations of financial account information, such as account balances.

ERBL calculations can't be disabled when importing data into your Salesforce org.

Question No: 12

MultipleChoice

What 3 functionalities are supported by the Relationship Map and Group Builder?

The Relationship Map and Group Builder allows the user to:

Options

Adefine the Primary Group for a Member.

Bdisplay Financial Holdings.

Cdefine what data is being rolled up to the Household.

Denable or disable Enable Rollup Summary calculations.

Edefine the Role of the Members of the Household

Question No: 13

MultipleChoice

If a client is associated with more than one Household or Group, where will this client's records get rolled up to?

Options

ATo the household selected by the advisor for record rollups.

BTo the Household where the client is the primary member.

CTo the household with the client's primary address.

DTo all the parent households and groups

Question No: 14

MultipleChoice

Our Personal Banker Hank Burton wants to encourage his customers to provide required documents for a loan application. He creates Document Checklist Items that help his customers to manage file uploads to speed up loan approval. For which of the following records does Salesforce support Document Checklist Items out of the box?

Options

AContact

BLead

CAccount

DResidential Loan Application

EOpportunity

Question No: 15

MultipleChoice

The Salesforce Admin of Lake Tahoe Bank wants to implement Financial Services Cloud using the individual object model. What are the steps to disable person accounts?

Options

ALog a case with Salesforce to perform the conversion from Person Accounts to the individual model.

BAssign the Person Account record type to the user profiles.

CDisable the Person Account custom setting.

DRemove Person Account record types from the Individual Record Type Mapper.

EAssign the Individual record type to the user profiles.

Question No: 16

MultipleChoice

What benefits do Flows for Financial Services Cloud offer to support customer onboarding?

Options

AFlows enable customers to schedule appointments via customer communities, mobile apps. or websites.

BFlows provide step-by-step guidance for common service requests, such as change of address, or change of beneficiary, without the need to * navigate to different screens.

CFlows systematically capture and visualize important customer Life Events to drive more personalized and need-based engagements.

DFlows enable customers to book appointments with the nght specialist at the right time and place through self-service scheduling

EFlows enable customers to schedule appointments via customer communities, motxie apps. or websites.

Question No: 17

MultipleChoice

The Salesforce Administrator for Lake Tahoe Bank is receiving a report that a member's

Financial Account Balances are not adding up to the Financial Summary field in the

related Household. Which two steps should the admin take to troubleshoot the issue?

Options

AEnsure a RollUpByLookup batch job is scheduled to run every 15 mins.

BEnsure the reported household is the Primary Group for the member.

CEnsure RollupByLookup Configuration is Active.

DEnsure that the member is the Primary Member in that Household.

EEnsure the Primary Group flag in the Account record is checked

Question No: 18

MultipleChoice

Which three Group Member data points can be rolled up to the Group level?

Options

ALoans

BFinancial Goals

CApprovals

DReferrals

ETasks

Question No: 19

MultipleChoice

What 3 options does the FSC application offer to view and update Account-Account, Account-Contact and Contact-Contact Relationships?

Options

AActionable Relationship Center

BGroup Members Component

CFamily Members Component

DRelationship Map

ELife Events Component

Question No: 20

MultipleChoice

Lake Tahoe Bank, an existing Salesforce customer, is planning to implement FSC. Their

Salesforce Admin is considering whether to use a new Salesforce org for the FSC users, or

upgrade the existing org. Which considerations indicate that upgrading the existing

Salesforce org is the better choice?

Options

AThe bank wants to use this project as an opportunity to retire customizations.

BData migration is a big concern. The current org has a large amount of data and the bank wants to minimize data migration efforts.

CThe bank is currently using several ISV solutions and re-implementing them would be a big effort.

DThe current implementation is using a product-centric view and the bank wants to move to a customer-centric view.

EThe bank has limited redesign opportunities for business capabilities.

Free Salesforce Financial Services Cloud Accredited Professional (AP-208) Exam Dumps - Page 2