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Salesforce AP-208 Exam Syllabus Topics:

Salesforce Financial Services Cloud Accredited Professional Sample Questions:

1. Which three related lists are visible within the Actionable Relationship Center associated with the Account object?

A) Notes and Attachments
B) Cases
C) HouseholdFinancial Accounts
D) Financial Holdings
E) Client Financial Goals

2. The Salesforce Admin at Lake Tahoe Bank is implementing Financial Services Cloud and wants to roll up customer data at the client and group levels. What functionality can Rollup By Lookup (RBL) provide for this requirement?

A) Rollups for multiple joint owners are not supported
B) Rollup By Lookup (RBL) displays associated records for Financial Accounts. Financial Goals, and Opportunities.
C) RBL calculations can notbe disabled when importing data into your Salesforce org.
D) When 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.
E) An RBL rule displays summary calculations of financial account information, such as account balances.

3. Lake Tahoe Bank has been using Sales Cloud to support the business to consumer (B2C) activities. The VP of IT wants a better and more flexible data model that can supporthis B2C Banking use cases. He is considering upgrading to Financial Services Cloud, using Person Accounts. Which 2 of these statements are true for the Financial Services Cloud Person Account Data Model?

A) The Person Account record type can be used when a client is an agent for a broker firm that is doing business with the Financial Institution.
B) Person Accounts can be merged with Business Accounts in Financial Services Cloud
C) The Person Account model uses the standard Account object to hold all of the details about a person The Account object has been extended " with custom fields and a Person Account Record Type
D) To share a Person Account record the admin will need to create sharing rules Account and Contact objects
E) The Person Account is a virtual object displaying data from Accounts and Contacts objects. It represents all aspects of the person and includes D data such date of birth or tax ID number.

4. The Salesforce Administrator for Lake Tahoe Bank is receiving a report that a members FinancialAccount 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?

A) Ensure that the member is the Primary Member in that Household
B) Ensure a RollUpByLookup batch job is scheduled to run every 15 mins.
C) EnsureRollUpByLookup Configuration is Active
D) Ensure the reported Household is the Primary Group for the member
E) Ensure the Primary Group flag in the Account record is checked.

5. An insurance companyaims to improve a call center's productivity. A detailed analysis discovered that agents spend a lot of time capturing data while adding and updating beneficiary details. Capturing premium payment details (payment date and frequency) is another time-consuming task. Which action should a Financial Services Cloud consultant take to resolve the issue?

A) Install an Insurance Data AppExchange package.
B) Create an Action Plan Template for capturing beneficiary data and payment information.
C) Utilize Insurance Flow Templates.
D) Provide a better user interfaceby building Lightning web components for beneficiary data and payment information.

Solutions: