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Free PDF Quiz Financial-Services-Cloud - Salesforce Financial Services Cloud (FSC) Accredited Professional High Hit-Rate Complete Exam Dumps
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Salesforce Financial Services Cloud (FSC) Accredited Professional Sample Questions (Q84-Q89):
NEW QUESTION # 84
A financial institution is concerned about contacting clients or sharing their data when they have requested not to be contacted.
Which action should the consultant take in Financial Services Cloud to address the institution's concern?
- A. Implement Consent Management for Financial Services Cloud.
- B. Enable and implement the iate Regulation checkbox on the client record to track their request.
- C. Hide the client's contact information and add an approval process for allowing a user to access it to contact the client.
- D. Integrate the Consent object with their Consent Platform to track it in Salesforce.
Answer: A
Explanation:
Explanation
Consent Management for Financial Services Cloud is a feature that helps financial institutions honor and respect their customers' wishes when they request only specific forms of contact from their company or opt-out of certain types of data-sharing. This feature helps institutions comply with the data protection and privacy regulations that apply to their company11. A consultant can suggest the following actions to implement Consent Management for Financial Services Cloud:
Set up tracking and storage of certain data privacy preferences: This involves creating data privacy records for customers who have opted out of certain types of communication or data-sharing, and selecting the appropriate options in the record to indicate their preferences12.
Use the Consent API: This is an API that lets users query, create, update, or delete consent records for customers who have given or withdrawn their consent for certain types of communication or data-sharing.
Protect your Salesforce organization: This involves setting up organization-wide sharing settings, encryption, field-level security, and other measures to ensure that only authorized users can access or modify customer data according to their consent preferences.
References:
Consent Management for Financial Services Cloud
Set Up Tracking and Storage of Certain Data Privacy Preferences
[Use the Consent API]
[Protect Your Salesforce Organization]
NEW QUESTION # 85
Lake Tahoe Bank needs to conduct periodic reviews with their customers to review credit & debit card usage, review account payables and discuss credit needs. The bank wants to ensure such activities are tracked and exceptions are reported & followed up on in a timely manner. How can Financial Services Cloud support these requirements?
- A. Use Lightning Scheduler to periodically schedule tasks for account owners.
- B. Run a nightly process to create tasks and assign them to account owners for follow-ups
- C. Create an Action Plan Template with associated pre-determined Tasks and automate the periodical creation of Action Plans for customer accounts.
- D. Train account owners to create required tasks periodically and set due dates for tracking.
Answer: C
Explanation:
As explained in the previous question, Action Plans are a feature that can help users track and manage common client processes. By creating an Action Plan Template with associated pre-determined Tasks, such as reviewing credit & debit card usage, reviewing account payables, and discussing credit needs, users can ensure that these activities are tracked and followed up on in a timely manner. Users can also automate the periodical creation of Action Plans for customer accounts using Process Builder or Apex triggers.
NEW QUESTION # 86
What can be transferred from one user to another user during mass transfer of account records? (3 answers)
- A. Open cases
- B. Closed cases
- C. Related custom object records
- D. Closed activities
- E. Open activities
Answer: A,B,E
NEW QUESTION # 87
A consultant is looking to create a guided screen to be used by customer service agents answering the phone to authenticate the caller and positively identify them. The agent will ask the caller to provide their full name and the last four digits of their social security number, which is not stored in Salesforce. The agent will enter the provided information into a form, and upon clicking submit, a web service call is made to an external authentication service to authenticate the caller.
What should the consultant do to fulfill the needed requirements?
- A. Create a Canvas application for the Authentication module.
- B. Create a Lightning web component.
- C. Create an OmniScript flow.
- D. Create a screen flow.
Answer: D
Explanation:
A screen flow is a type of flow that guides users through a seriesof screens to complete a task or collect information2. Screen flows can alsointeract with external systems using Apex actions or invocable actions3.
Inthis case, the consultant can create a screen flow that collects the caller's name and social security number from the agent, and then invokes an Apex action or an invocable action that makes a web service call to an external authentication service.
NEW QUESTION # 88
Lake Tahoe Bank allows more than two owners on Financial Accounts. The Salesforce Admin wants to make sure that balances are rolled up to all joint owner's primary Households. Which 2 options does the Salesforce Admin have to accomplish this?
- A. Disable RBL (Rollup By Lookup) rules that rollup balances using joint owner on Financial Account.
- B. Enable all RBL (Rollup By Lookup) rules to ensure the balances are rolled up to the household level.
- C. Enable the 'Enable Rollup Summary' in custom settings
- D. Create custom RBL (Rollup By Lookup) rules to rollup the joint owner balances.
- E. Enable RBL (Rollup By Lookup) rules that rollup balances using Financial Account Role for joint owners.
Answer: D,E
Explanation:
Rollup By Lookup (RBL) is a feature in Financial Services Cloud that allows you to display summary calculations of financial account information, such as balances, market values, and cost bases. You can use RBL to roll up financial data to all joint owners' primary households by doing the following:
Create custom RBL rules to rollup the joint owner balances using the Joint Owner field on the Financial Account object.
Enable RBL rules that rollup balances using Financial Account Role for joint owners using the Account Role field on the Account Contact Relationship object. Verified Reference: : Salesforce Financial Services Cloud Implementation Guide, page 75.
NEW QUESTION # 89
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