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Professional Financial-Services-Cloud Exam Dumps Pdf & Trusted Test Financial-Services-Cloud Dumps Free & New Financial-Services-Cloud Clearer Explanation

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Salesforce Financial Services Cloud (FSC) Accredited Professional Certification Exam is designed for professionals who want to demonstrate their expertise in the Salesforce FSC platform. The FSC platform is a comprehensive solution for financial advisors, wealth managers, and insurance providers to manage their client relationships, investments, and policies. Salesforce Financial Services Cloud (FSC) Accredited Professional certification exam is intended for those who have experience in financial services and want to expand their knowledge and skills in using Salesforce FSC to better serve their clients.

Salesforce Financial Services Cloud (FSC) Accredited Professional Sample Questions (Q89-Q94):

NEW QUESTION # 89
Which three objects should a Financial Services Cloud administrator use when planning to use the Mortgage Data Model to integrate with external Loan Origination and Customer Onboarding applications to accurately track the pipeline?

A. Account
B. Assets & Liabilities
C. Financial Account
D. Opportunity
E. Case

Answer: A,C,D

Explanation:
The following objects should be used when planning to use the Mortgage Data Model to integrate with external Loan Origination and Customer Onboarding applications to accurately track the pipeline:
Opportunity: An Opportunity is a standard object that represents a potential sale or deal for your products or services. You can use the Opportunity object to track and manage the stages, amounts, probabilities, and expected revenue of your deals. You can also use the Opportunity object to associate products, price books, quotes, contracts, orders, or assets with your deals.
Account: An Account is a standard object that represents a person or an organization that has a business relationship with your company. You can use the Account object to store information about your customers, such as name, address, phone number, website, industry, or rating. You can also use the Account object to associate contacts, opportunities, activities, cases, or notes with your customers.
Financial Account: A Financial Account is a custom object in Financial Services Cloud that represents a financial product or service that is owned by an account holder or related to an account holder's financial goal. You can use the Financial Account object to store information about your customers' financial accounts, such as type, balance, status, or interest rate. You can also use the Financial Account object to associate financial transactions, financial account roles, or financial goals with your customers' financial accounts. Verified Reference: : Salesforce Help Article [6] : Salesforce Help Article [7] : Salesforce Help Article [8]

NEW QUESTION # 90
Which three processes are part of Claims Management?

A. Reserve Management
B. Quoting
C. Underwriting
D. Payment
E. Auto Adjudication

Answer: A,D,E

Explanation:
The following processes are part of Claims Management:
Auto Adjudication, which is a process that allows claims to be processed automatically without human intervention, based on predefined rules and criteria. Auto adjudication can improve the efficiency and accuracy of claims processing and reduce operational costs.
Reserve Management, which is a process that involves estimating and setting aside funds for future claims payments. Reserve management can help insurers manage their cash flow and solvency and comply with regulatory requirements.
Payment, which is a process that involves disbursing funds to claimants or providers after a claim has been approved. Payment can involve different methods, such as check, electronic funds transfer, or debit card. Payment can affect the customer satisfaction and retention rate of insurers.

NEW QUESTION # 91
Which of these statements are true for Rollups in Financial Services Cloud?

A. Activities can not be rolled up on the activity timeline at group/household level.
B. All financial accounts information, such as account balances are calculated and summarized at the Financial Account Summary level
C. Rollups are done at both the client and group levels

Answer: B

NEW QUESTION # 92
Lake Tahoe Bank branch manager is asking the Salesforce Administrator for improvements in Salesforce to speed up Loan Approval Processing. The Salesforce Admin isconsidering using Action Plans. Which 3 process improvements can be delivered using Action Plans?

A. Action Plans enhance collaboration and productivity by automatically assigning task owners and deadlines for specific client processes.
B. Action Plans can automatically schedule the next appointment with the Advisor.
C. Action Plans can speed up the collection of a list of documents needed for the loan application
D. When you create an action plan from a template for a specific targetrecord, items that have no assigned user are assigned to the owner of that " target record.
E. Action Plans create repeatable tasks and automate the task sequences when executed

Answer: A,D,E

Explanation:
Action Plans are a feature that allows users to create templates for common client processes, such as loan approval, account opening, or financial review. Action Plans can create repeatable tasks and automate the task sequences when executed. When an action plan is created from a template for a specific target record, such as an account or an opportunity, items that have no assigned user are assigned to the owner of that target record.
Action Plans can also enhance collaboration and productivity by automatically assigning task owners and deadlines for specific client processes.

NEW QUESTION # 93
Which three referral metrics are tracked with custom components included in Financial Services Cloud?

A. Web to Lead Referrals
B. Referrals Assigned to me
C. Expressed interests
D. My Approved Referrals
E. My Top Referrers

Answer: B,C,E

NEW QUESTION # 94
......

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Ian Ward Ian Ward

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