Q22. 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)?

Q23. Which field settings can you control in the Page Layout Editor? (3 answers)

Q24. A wealth advisor is trying to relate a client to their attorney using the Add Contact option on the relationship tree but can’t find any reciprocal roles displayed in the related role lookup. What are two reasons for this?

Q25. When the multiple currencies feature is enabled, which currency is used as the basics for all currency conversion rates?

Q26. For which three objects are Rollup By Lookup (RBL) summaries are available?

Q27. 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?

Q28. Rachel is the primary member of the Adams household hired a new attorney. What type of relationship should the Wealth Advisor create in Financial Services Cloud for Rachel and her attorney before assigning the reciprocal role of “Attorney”?

Q29. A System Administrator has received a note from one of the portfolio managers that the Actionable Relationship Center (ARC) is not visible when the portfolio manager was trying to set up relationships between two accounts. The portfolio manager has also mentioned that other colleagues in the same role have access to it and are able to use it to manage their customer’s relationships. What is a possible cause for this?

Q30. Universal container has two sales groups; each group has its own unique sales process.
What is the best way to ensure that sales representatives have access to only the stages relevant to their sales process when working on opportunities?

Q31. Which two limitations should a Salesforce Administrator consider before enabling Person Accounts?

Q32. What is a method for adding content to Salesforce CRM content? (2 answers)

Q33. During the design phase of a project, a consultant needs to provide a Financial Services Cloud (FSC) solution for a business requirement that forces a customer to answer a number of assessment questions to complete the onboarding process.
What are three things to consider regarding Discovery Framework?

Q34. What does the Salesforce Admin have to install to provide users access to referral dashboards and reports?

Q35. A retail bank is using Financial Services Cloud to support its operations. The bank has received complaints that its clients’ documentation is often submitted late and when clients call, customer service agents are struggling with multiple systems to determine where the documentation is.
Which solution should a consultant suggest the client explore?

Q36. What 2 considerations should the Salesforce Administrator review before implementing Flow for customer onboarding?

Q37. Sam is the Salesforce Admin for Valley Bank. The bank’s financial advisors are complaining they can’t see an accurate summary of their client’s financial data as clients often change households. Sam wants to give his financial advisors a better view of the client’s complete financial situation. How can he set this up using FSC?

Q38. What are three examples of proper use of Financial Goals?

Q39. A financial services company needs a custom field for reporting when relating two business accounts to each other. Which object should the administrator configure the custom field on?

Q40. An opportunity record created with a close date of July 30, meets the criteria of time -dependent workflow rule. The time dependent action is scheduled for July 23. What happens if the opportunity is edited before July 23 and no longer meets the criteria?

Q41. A large insurance company hired a consulting firm to improve customer experiences for customers that want to complete standard processes online, such as getting an insurance quote or submitting a claim.
Which three standard Insurance Platform components can digitally enable these core insurance operations?

Q42. The VP of sales at universal containers requested that “Verbal Agreement” be added as a new opportunity stage. The Administrator added this new picklist value to the stage field, but found that the new value was not available to users.
What should the administrator do?

Q43. Our Personal Banker Hank Burton wants to encourage his customers to provide required documents for a loan application. He creates Document Checklist Items that help his customers to manage file uploads to speed up loan approval. For which of the following records does Salesforce support Document Checklist Items out of the box?

Q44. Lake Tahoe Bank branch manager is asking the Salesforce Administrator for improvements in Salesforce to speed up Loan Approval Processing. The Salesforce Admin is considering using Action Plans. Which 3 process improvements can be delivered using Action Plans?

Q45. Which of these statements is true for the Person Accounts Model? (2 correct answers)

Q46. The Salesforce Admin wants to make it easier for call center agents to complete some common tasks by setting up flows and launch them from the Retail Banking Console. What does the Admin have to keep in mind when setting up Flows?