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Salesforce AP-208 Exam Syllabus Topics:

Salesforce Financial Services Cloud Accredited Professional Sample Questions:

1. A consultant advising Cumulus Bank wants to ensure that the bank is compliant with Identity Verification Regulationswhen customers contact the bank.
Which two features should a consultant leverage to design this business process?

A) Discovery Framework
B) Omni Studio
C) Screen Flows
D) Process Builder

2. Rachel Addams belongs to two households:
1. The Addams household where Rachel lives with her spouse, Nigel Addams. Rachel is the client and, as such, is listed as the primary member of that household. This household is also Rachel's primary group.
2. The Symonds household. This household belongs to Rachel's parents, but Rachel manages their finances.
Rachel is considered the beneficiary of this household.
In addition, Rachel's household has a related account, the Addams Charitable Trust, and a related contact, Ivan M. Kohl, attorney at law.
What should be the relationships between the parties when the Financial Services Cloud consultant sets up Rachel's person account?
1.Primary Group Household - Addams Household
Primary Member - Rachel Addams
Spouse - Nigel Adams
Trustee - Addams Charitable Trust
Household - Symonds Household
Primary Member - Neil Symonds
Beneficiary - Rachel Addams
Related Accounts - Addams Charitable Trust
Related Contacts - Ivan M. Kohl
A financial services company needs to transform the individual data model to person accounts in Financial Services Cloud (FSC), and its consulting partner is helping decide the sequence of the user stories in the design phase.
What should the implementation team do as the top priority during planning?

A) Configure Person Account record types.
B) Perform a data backup.
C) Enable person accounts in FS
D) Enable a person account in a sandbox.

3. Which two statements are true about Group Membership in Financial Services Cloud?

A) Group Membership defines the role of the member within the Group.
B) Group Membership is modeled using the Account-Group Relationship object.
C) With Group Membership settings you can define who is the primary and who is the secondary member within the Group.
D) With Group Membership settings you can define if a Group is the member's primaryGroup.

4. What steps does the SalesforceAdministrator have to take to create a new Business Milestone Type?

A) In the Lightning Page Editor add the new Milestone Type to the Life Events & Business Milestones Lightning component
B) Find Business Milestone using the Object Manager and add a new picklist value on the Milestone Type Field
C) In the Object Manager go to the Business Milestone object and create a new field using the name of the new milestone.
D) Find Person Life Event using the Object Manager and add a new picklist value on the Milestone Type Field.

5. 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) Existing business capabilities and processes can be redesigned to deliver a higher business impact
C) The bank wants to use this project as an opportunity toretire customization
D) Data migration is a big concern The current org has a large amount of data and the Bank wants to minimize data migration efforts.
E) The bank has limited redesign opportunities for business capabilities.

Solutions: