Salesforce Financial Services Cloud Accredited Professional (AP-208) Exam Questions Instant Access

Question 1

[Financial Accounts, Rollups, and Referrals]

What capability included in the Financial Services Cloud license can assist bankers in focusing on the most promising referrals?

AReferral Approval Processes

BIntelligent Need-Based Referrals and Scoring

CEinstein Referral Scoring for Financial Services Cloud

DReferral Routing Rules

Answer : B

Question 2

[FSC Features and Functionality]

How should developers configure customized nodes for display in ARC?

ASelect Use LWC from the node Display tab to show the node in a Lightning Web Component

BReference the Lightning WebComponent in the Display properties of the custom ARC relationship graph

CSelect Use FlexCard from the node Display tab to show the node in a FlexCard

DReference the FlexCard in the Display properties of the custom ARC relationship graph

Answer : B

Question 3

[Implementation and Best Practices]

During the delivery stage of a Financial Services Cloud (FSC) implementation, a consultant needs to think about how to utilize FSC-related objects. Which three things should the consultant consider when adopting such objects?

AIn a household, each household member is modeled as a Contact, and the household is modeled as an Account.

BIn a household, each of the household members is modeled as a Person Account and the household ismodeled as an Account.

CRole Hierarchy-based sharing can be disabled for the Financial Deal object but can't be disabled for the Opportunity object.

DBoth the Financial Deal object and the Opportunity object support Compliant Data Sharing.

EInteraction Summary is an enhancement of the standard Activity object. FSC implementations should use Interaction Summary as a replacement for the Activity object.

Answer : A, C, D

Question 4

[Financial Accounts, Rollups, and Referrals]

In Financial Services Cloud, what is the criteria for commas and symbols to be displayed correctly on the Financial Account Summary component?

AUser currency must match org default currency.

BAccount currency must match org default currency.

CUser's locale must match user's currency.

DUser's locale and language must match user's currency.

Answer : C

Question 5

[FSC Features and Functionality]

The Salesforce Admin at Lake Tahoe Wealth Management Company wants to ensure that the advisors at his firm can quickly see the most important client data in the Actionable Relationship Center (ARC). What must the Admin configure for each object to display the most important fields on the side panel of ARC?

ACompact Layout

BPage Layout

CSearch Layout

DLightning Record Pages

EField Sets

Answer : A

Question 6

[Financial Accounts, Rollups, and Referrals]

What feature does a Salesforce Administrator need to enable so users can see all the referrals for the members of a group?

AReferral Scoring

BReferrals Rollups

CGroup Member Referrals

DReferralGroup Process Builder

Answer : B

Question 7

[Implementation and Best Practices]

A private equity company with only one administrator wants to upgrade Financial Services Cloud (FSC) from a Sales Cloud Unlimited Edition (UE) org. The company decided to install FSC greenfield on a new org to minimize the transfer of existing tech debt. In preparation for data migration, the administrator has been exporting backup files of the current org for a month.

What should the administrator do as part of the preparation for the data migration process?

AThe administrator can ask the business manager on the investment bank team to review the file directly.

BAfter running the backup data export manually for 2 weeks, the administrator can schedule this job to run weekly every Sunday to review the file on Mondays atthe start of the week for data comparisons/analysis.

CAs a dry run, the administrator can test this process via a data export request from the primary sandbox to the existing Sales Cloud UE org.

DTo start, the administrator can run a daily backup dataexport for a week, then continue to run this job weekly until they are ready for data migration.

Answer : D