Question 1

A private equity company with only one administrator wants to upgrade Financial Services Cloud (FSC) from a Sales Cloud Unlimited Edition (UE) org. The company decided to install FSC greenfield on a new org to minimize the transfer of existing tech debt. In preparation for data migration, the administrator has been exporting backup files of the current org for a month. What should the administrator do as part of the preparation for the data migration process?

Options :

A : The administrator can ask the business manager on the investment bank team to review the file directly.

B : After running the backup data export manually for 2 weeks, the administrator can schedule this job to run weekly every Sunday to review the file on Mondays at the start of the week for data comparisons/analysis.

C : As a dry run, the administrator can test this process via a data export request from the primary sandbox to the existing Sales Cloud UE org.

D : To start, the administrator can run a daily backup data export for a week, then continue to run this job weekly until they are ready for data migration.

Answer: D

Question 2

The support group at universal container wants agents to capture different information for product support and inquiry cases. In addition, the lifecycle for product support cases should have more steps than the lifecycle for inquiry cases. What feature should an administrator use to meet the requirement? (3 answers)

Options :

A : Permission sets

B : Record Types

C : Support processes

D : Page layouts

E : Field-level Security

Answer: B,C,D

Question 3

Universal Containers uses a custom field on the account object to capture the account credit status. The sales

team wants to display the account credit status on opportunities.

Which feature should a system administrator use to meet the requirements?

Options :

A : Look-up Field

B : Roll-up summary field

C : Workflow field update

D : Cross-object formula field

Answer: D

Question 4

What functionality is included in the Financial Services Cloud Extension license? (2 correct answers)

Options :

A : It enables user access to the Actionable Relationship Center Lightning component

B : It enables user to configure Compliant Data Sharing

C : It enables user access to the Action Plans feature

D : It enables user access to Download Analytics Data and Install

E : Analytics Templated Apps

Answer: A,B

Question 5

During a project's design phase, a consultant must provide a Financial Services Cloud solution that can support Compliant Data Sharing (CDS). What are three things the consultant should consider regarding CDS?

Options :

A :

Participant Roles provide another way to grant data access without overwriting sharing behavior from existing sharing features.

B :

A financial services company wants to track different categories of financial accounts in its org. Relationship managers must be able to see all of these financial accounts in one place on the customer's Account record page grouped by categories. Which three steps should an administrator take to configure the Financial Account object and the Account Lightning record page to meet the design?

C :

Compliance managers and Salesforce administrators can enable CDS for Account and Opportunity objects.

D : Role Hierarchy—based sharing is disabled by default in CDS.

E :

In a standard Salesforce org, Role Hierarchy for Account and Opportunity objects is enabled by default and can't be turned off.

Answer: A,C,D

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