Salesforce AP-208 : Financial Services Cloud Accredited Professional

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Salesforce AP-208 Exam Syllabus Topics:

Salesforce Financial Services Cloud Accredited Professional Sample Questions:

1. A wealth management division manages the financial assets of many wealthy clients.
Which three steps should the Financial Services Cloud consultant take to offer ahigh level of customization to boost user productivity?

A) Assign the Custom Field Set to the Financial Summary component.
B) Create a new type of person account so trust group details roll down to the beneficiaries level.
C) Assign the Custom Field Set To a Lightning component.
D) Create a Custom Field Set solely for the Wealth Managers without affecting the Investment Bankers.
E) Create and assign the Cuslhm Field Set permission set to all users.

2. Which two limitations should a Salesforce Administrator consider before enabling Person Accounts?

A) Person Accounts cannot be disabled once they were enabled
B) AppExchange packages will not work if Person Accounts are enabled
C) Person Accounts can be enabled and disabled only by contacting Salesforce Support
D) Creating a client record via Salesforce Inbox is not supported.

3. The Compliant Data Sharing (CDS) feature lets administrators and compliance managers configure advanced data-sharing rules so that they can improve compliance with regulations and company policies.
Which three things should be considered when implementing CDS in Financial Services Cloud (FSC)?

A) CDS in FSC allows record owners to grant access to their records to other FSC users.
B) To get the benefits of CDS, administrators must set organization-wide sharing settings for supported objects to the Private access model.
C) CDS can only be applied to FSC objects and Account and Opportunity objects.
D) Users above the record owner in the Role Hierarchy and non-record owners with Edit access granted through CDS have the same ability/access as record owners,
E) To disable CDS for an object, any Participant Roles associated with that object must be deleted first.

4. The Salesforce Admin at Lake Tahoe Bank considering implementing Financial Services Cloud. What is thebest way for the Admin to access a Financial Services pre-configured org, including data and the right licenses, to learn about the product?

A) Spin up a Salesforce sandbox org.
B) Request a 30-day Financial Services Cloud trial org
C) Request a Salesforce developer org.
D) Purchase one license of Financial Services Cloud and install it in a production org.

5. Personal Banker Hank Burton is questioning hisReferral Score shown in Salesforce Financial Services Cloud.
When is the Referral Score updated?

A) The Referral Score updated when a referral is convened to an Opportunity or closed.
B) The Referral Score updated when a lead is created using the referralrecord type.
C) The Referral Score updated when an opportunity associated with the Referral is Closed Won
D) The Referral Score updated when a referral is assigned from the queue to a user.

Solutions: