Question 1

Cumulus Bank wants to use Interactions to capture conversations that investment bankers have with their clients. Due to the sensitive nature of the interactions, the bank needs to carefully limit access to the detailed notes for certain groups. Basic information about attendees and meeting dates is not sensitive. Which three options should a consultant recommend?

Options :

A : Enable Compliant Data Sharing for Interactions.

B : Enable Compliant Data Sharing for Interaction Summaries.

C : Disable Role-Hierarchy-Based Sharing for Engagement Interactions.

D : Use Interaction Summary Participants to provide the right access to individuals or groups.

E : Disable Role-Hierarchy-Based Sharing for Interaction Summaries.

Answer: B,D,E

Question 2

Lake Tahoe Bank is evaluating Financial Services Cloud to help them deliver a customer-centric view. They currently have a heavily customized Salesforce implementation with a product-centric design. Lake Tahoe Bank wants to make sure planned changes have a minimal impact on users during implementation. What is the recommended approach for implementing Financial Services Cloud at Lake Tahoe Bank?

Options :

A : Implement Financial Service Cloud in a new org (Green Field) and redesign business capabilities in Ihe new org.

B : Implement Financial Service Cloud in a Trial org and convert the Trial org to production org.

C : Implement Financial Service Cloud in the existing org (Brow Field).

D : Implement Financial Service Cloud in the existing org-s Sandbox and then deploy to production org to mitigate the end-user impact

Answer: A

Question 3

Lake Tahoe Bank has branch offices in many countries around the world and they are planning to roll out Financial Services Cloud. Which of the 2 considerations does the Salesforce Admin have to keep in mind when it comes to dealing with multiple currencies?

Options :

A : For each user, the user currency must correspond to the default currency for the user-s locale

B : The Salesforce Admin can enable or disable multiple currencies if needed

C : When filtering by currency values in reports or list views, users must specify a currency ISO code, such as USO or GBP. before the value.

D : When multicurrency is enabled in FSC. advanced currency management is also available

Answer: C,D

Question 4

Cumulus Bank has branches in multiple countries that are required to report in local currency, while the

corporate headquarters office wishes to see reports in a single currency (the corporate currency).

Which solution should a consultant recommend to meet these requirements?

Options :

A :

Set the default currency for head office and have the regions download their reports to Excel and convert them manually.

B : Use a third party from AppExchange add-on to implement currency conversions.

C :

Enable multiple currencies and advanced currency management, and set a corporate currency for the corporate headquarters office.

D :

Allow users to set their preferred currency in their profile and design reports that convert currencies for the user running the report.

Answer: C

Question 5

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?

Options :

A : In a household, each household member is modeled as a Contact, and the household is modeled as an Account.

B : In a household, each of the household members is modeled as a Person Account and the household is modeled as an Account.

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

D : Both the Financial Deal object and the Opportunity object support Compliant Data Sharing.

E : Interaction 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

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