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Salesforce FSC platform is a powerful tool for financial services professionals. It provides a comprehensive view of clients' financial data, allowing professionals to better understand their needs and provide personalized services. In addition, the platform includes tools for financial planning, compliance, and collaboration, making it an essential part of any modern financial services operation. By passing the Salesforce FSC Accredited Professional Exam, professionals can demonstrate their expertise in using this platform to drive success for their clients and their business.

Salesforce Financial Services Cloud (FSC) Accredited Professional Sample Questions (Q13-Q18):

NEW QUESTION # 13
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?

A. When multicurrency is enabled in FSC. advanced currency management is also available
B. For each user, the user currency must correspond to the default currency for the user's locale
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. The Salesforce Admin can enable or disable multiple currencies if needed

Answer: A,C

NEW QUESTION # 14
An insurance company aims 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. Provide a better user interface by building Lightning web components for beneficiary data and payment information.
B. Install an Insurance Data AppExchange package.
C. Create an Action Plan Template for capturing beneficiary data and payment information.
D. Utilize Insurance Flow Templates.

Answer: D

Explanation:
Explanation
A Financial Services Cloud consultant can suggest utilizing Insurance Flow Templates to resolve the issue of improving the call center's productivity and reducing the time spent on capturing data for beneficiary details and premium payment details. Insurance Flow Templates are prebuilt flow templates that guide users through the steps of creating or updating insurance policies and beneficiaries in Financial Services Cloud. The templates can be customized to suit the specific needs and requirements of the insurance company. By using Insurance Flow Templates, the call center agents can streamline their data entry process and provide better service to their customers.
References:
[Insurance Flow Templates]
[Customize Insurance Flows]

NEW QUESTION # 15
What can an administrator configure for users on the search results? (3 answers)

A. Number of records displayed for each object.
B. Fields being searched on for each object.
C. Objects included in the search
D. Columns displayed for each object.
E. Filters by which users can narrow down results

Answer: A,B,D

NEW QUESTION # 16
Lake Tahoe Bank wants their customer reps to be able to see client records such as Person Accounts, but want to restrict access to Financial Accounts to protect the privacy of their clients. Which two steps can an admin take to ensure that all users see Person Accounts, but only specific users can view Financial Accounts?

A. Change Organization-wide Defaults (OWD) sharing on the 'Financial Accounts* object to Private'.
B. Change Organization-wide Defaults (OWD) shanng on the "Financial Accounts' object to Public Read/Write'.
C. Grant users access to the Financial Account object with permission set
D. Change Organization-wide Defaults (OWD) sharing on the 'Person Accounts" object to 'Controlled by Parent.

Answer: A,C

Explanation:
Explanation
To ensure that all users see Person Accounts, but only specific users can view Financial Accounts, the Admin should take the following steps:
Grant users access to the Financial Account object with permission set, which is a collection of settings and permissions that give users access to various tools and functions. The Admin can use permission sets to grant access to the Financial Account object and its fields to specific users or groups of users1.
Change Organization-wide Defaults (OWD) sharing on the 'Financial Accounts' object to Private', which is a setting that determines the baseline level of access that users have to records they do not own or share. By setting the OWD sharing on the 'Financial Accounts' object to Private', the Admin can ensure that only the record owners and users above them in the role hierarchy can view the Financial Accounts. Verified References: 1

NEW QUESTION # 17
When importing records from a system outside of Salesforce, which ID should be used to prevent the data import from creating duplicates?

A. Org ID
B. External ID
C. User ID
D. Data Load ID

Answer: B

Explanation:
Explanation
To prevent the data import from creating duplicates when importing records from a system outside of Salesforce, you should use External ID. External ID is a custom field type that can be used to store unique identifiers from other systems. You can use External ID to match records during data import and avoid creating duplicate records in Salesforce. You can also use External ID to enable upsert operations, which can insert new records or update existing records based on the External ID value. Verified References: : Salesforce Help Article [5] : Salesforce Help Article [6]

NEW QUESTION # 18
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