Free Salesforce Financial-Services-Cloud Exam Questions

Become Salesforce Certified with updated Financial-Services-Cloud exam questions and correct answers

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Total 330 Questions | Updated On: Feb 12, 2025

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Question 1

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?

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

B : ter 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 at the start of the week for data comparisons/analysis.

C : 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.

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

Answer: D

Question 2

A financial services company needs to add new values for how a customer can be related to a financial account. Which object/field should the administrator add new values on?

A : ject: Financial Account Role; Field: Role

B : ject: Financial Account; Field: Primary Owner

C : ject: Financial Account; Field: Joint Owner

D : ject: Account-Account Relationship; Field: Related Role

Answer: A

Question 3

The Lake Tahoe Bank Salesforce Admin is planning to migrate data into the new Financial Services Cloud org. The Admin can control whether Rollup By Lookup (RBL) rules or record rollups are queried and calculated. Before initiating data insert or update operations, the Admin wants to disable rollups to speed up data loading. Where in Salesforce would the Admin temporarily disable rollups to accelerate uploads?

A : ject Settings

B : mpany Settings

C : p Manager

D : tom Settings

Answer: D

Question 4

Which circumstances will prevent a system administrator from deleting a custom field?

A : field is part of a field dependency.

B : field is used in a workflow field update.

C : The field is used in a report.

D : The field is used in a page layout.

Answer: B

Question 5

A financial services company wants to plan ahead for designing the Financial Services Cloud (FSC) implementation. Which three activities should the implementation team prioritize during planning?

A : epare for integrations with transactional systems, external data sources, custodians, and any other platforms that the company's business relies on.

B : yond the preconfigured settings, evaluate whether they need advanced customizations

C : able and configure person accounts in FSC, and assign users with permission set licenses

D : view the out-of-the-box capabilities and compare them to the company's current needs.

E : ign the modifications to fields, picklists, layouts, and othKrequired features to support business processes

Answer: A,B,D

Page: 1 / 66

Total 330 Questions | Updated On: Feb 12, 2025

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