Salesforce Financial Services Cloud Real Exam Questions
The questions for Financial Services Cloud were last updated at Mar 17,2025.
- Exam Code: Financial Services Cloud
- Exam Name: Salesforce Financial Services Cloud (FSC) Accredited Professional (AP) exam
- Certification Provider: Salesforce
- Latest update: Mar 17,2025
Lake Tahoe Bank would like to capture their commercial customers in FSC. A commercial customer can be owned by multiple groups.
How can Lake Tahoe Bank SF Admin configure FSC to capture and display commercial customer and its parent company? (3 correct answers)
- A . Add the Business record type to the Group record type mapper
- B . Capture the majority owner as parent account using Account hierarchy
- C . Leverage Groups to capture the majority owner and Account hierarchy to capture minority owner
- D . Enable Relationship Group Hierarchy in Custom Metadata
- E . Link multiple owners to the business entity as a Group
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?
- A . The portfolio manager has not been given the permissions that enable users to view and manage ARC
- B . The portfolio manager does not have access to the Lightning page that has the ARC component added
- C . The portfolio manager does not have access to the account records that he is trying to create for.
- D . The ARC Component has not been added to the page layout
Users at Lake Bank have been creating multiple events for once in a lifetime event such as birth.
What should an Administrator do to prevent users from accidentally creating more than one event of such an event type?
- A . Create an Apex trigger that will prevent the saving of multiple one-time events
- B . Select the Unique checkbox on the picklist value for the Event Type field on the Person Life Event object
- C . Remove user’s ability to create one-time events
- D . Create a validation rule that will stop the user if they attempt to add multiple one-time events.
Lake Tahoe Bank is implementing Financial Services Cloud. The bank’s new business processes require that Financial Advisors can add individuals to more than one Group or Household using Multiple Relationship Groups.
Where do Admins enable Multiple Relationship Groups?
- A . Object Settings
- B . Custom Settings
- C . Lightning Page Editor
- D . Profiles
The Actionable Relationship Center (ARC) is using the Association Type picklist to control the account-account relationships.
Which three of the following names are Association Type picklist field values?
- A . Member
- B . Group
- C . Trust
- D . Family
- E . Peer
To access Financial Services Cloud Lightning Components "My Domain" must be enabled.
How does the System Admin accomplish this?
- A . Register a subdomam using the My Domain wizard and then deploy it
- B . Open a case with Salesforce Support
- C . Enable Communities
- D . Go to Custom Settings and edit the Industries Settings
Planter Farm Credit Union provides loan and insurance products to farmers who operate individually as well as in collaboration with other neighboring farms & farmers. The collaboration can be seasonal or for a limited timeframe.
What construct in Financial Services Cloud is most appropriate to represent such collaborative customer business operations?
- A . Contact-Contact Relationship
- B . Custom Relationship Group
- C . Account with Record Type = Business
- D . Standard Household
What capability included in the Financial Services Cloud license can assist bankers in focusing on the most promising referrals?
- A . Referral Approval Processes
- B . Intelligent Need-Based Referrals and Scoring
- C . Einstein Referral Scoring for Financial Services Cloud
- D . Referral Routing Rules
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 . Grant users access to the Financial Account object with permission set
- B . Change Organization-wide Defaults (OWD) sharing on the ‘Financial Accounts* object to Private’.
- C . Change Organization-wide Defaults (OWD) sharing on the ‘Person Accounts" object to ‘Controlled by Parent.
- D . Change Organization-wide Defaults (OWD) shanng on the "Financial Accounts’ object to Public Read/Write’.
Which of the following statements are correct when creating Financial Goals?
- A . Users can only create savings oriented goals.
- B . Users require the Financial Goals permission set to works with Financial Goals
- C . Users can associate a goal with a specific Financial Account.
- D . Users can create goals for paying down debt