Question 1

What are three examples of proper use of Financial Goals?

Options :

A : Measure progress toward paying off a Mortgage.

B : Tracking money saved each year to pay for a vacation, depending on destination and budget.

C : Displaying the current amount and percentage of target value for a College Savings Account.

D : Displaying the amount and percentage of the remaining balance for an Auto Loan.

E : Measure progress toward a down payment amount for a new home.

Answer: A,B,C

Question 2

Which three related lists are visible within Actionable Relationship Center associated with the Account object?

Options :

A : Cases

B : Notes and Attachments

C : Client Financial Goals

D : Financial Holdings

E : Household Financial Accounts

Answer: A,C,D

Question 3

Lake Tahoe Bank would like to reslricl their Financial Services Cloud users from viewing certain types of milestones that might be irrelevant to their customers or might cause negative sentiment. How can the Salesforce Admin implement such a requirement?

Options :

A : The Salesforce Admin can manage sensitive Life Evenls using sharing rules.

B : The Salesforce Admin can hide the life Event or Business Milestone type, by removing it from the Event Type picklist.

C : The Salesforce Admin can hide sensitive Life Events on Ihe Life Events component on the Lightning Page using the Properties pane.

D : The Salesforce Admin can manage sensitive Life Events using Permission Sets.

Answer: C

Question 4

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?

Options :

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

Answer: A

Question 5

What 3 functionalities are supported by the Relationship Map and Group Builder?

The Relationship Map and Group Builder allows the user to:

Options :

A : define the Primary Group for a Member.

B : display Financial Holdings.

C : define what data is being rolled up to the Household.

D : enable or disable Enable Rollup Summary calculations.

E : define the Role of the Members of the Household

Answer: A,C

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