Question 1

Which three types of preassembled flows can be utilized from the Financial Services Cloud (FSC) packages and the Lightning Flow for FSC package?

Options :

A : Institutional Banking flow

B : Mortgage flow

C : Insurance flow

D : Retail Banking flows

E : Commercial Banking flow

Answer: B,C,E

Question 2

A financial services company needs to alert advisors about changes in client records that require action. What should the administrator consider when configuring Record Alerts?

Options :

A : When the administrator adds a new Record Alert Category, the severity value in the alert category is the default value on the record alerts advisors create and cannot be changed.

B : When the admin creates a value for the Severity field, the warning icon is associated with the field automatically, and advisors cannot change the icon.

C : With permissions for Record Alerts, users can create record alerts on all custom objects and standard objects such as Financial Account.

D : Record alert categories are not required when creating a record alert, but they help keep alerts organized.

Answer: C

Question 3

Which object would you use to model the relationship between business contact and the client on the relationship group?

Options :

A : Account Contact Relationship

B : Account Account Relationship

C : Contact Contact Relationship and Reciprocal Role

D : Reciprocal Role

Answer: C

Question 4

What is an option when customizing a report? (3 answers)

Options :

A : Add a filter

B : Summarize fields

C : Schedule a refresh time

D : Add a gauge component

E : Add a grouping

Answer: A,B

Question 5

Lake Tahoe Bank is rolling out Financial Services Cloud and the VP of IT is concerned about the cost of the licenses. The System Admin recommends using restricted licenses for users that need only limited access to Financial Service Cloud features. Which Financial Services Cloud permission set license enables user access to a license with contractual restrictions for Financial Services Cloud and can be used to grant restricted access to users like Bank Tellers?

Options :

A : Financial Services Cloud Standard

B : Client Segmentation

C : Financial Service Cloud Basic

D : Financial Service Cloud Extension

Answer: C

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