Question 1

Lake Tahoe Bank is rolling out Financial Services Cloud and the VP of IT is concerned about the cost of the licenses. The System Admin recommends using restricted licenses for users that need only limited access to Financial Service Cloud features. Which Financial Services Cloud permission set license enables user access to a license with contractual restrictions for Financial Services Cloud and can be used to grant restricted access to users like Bank Tellers?

Options :

A : Financial Services Cloud Standard

B : Client Segmentation

C : Financial Service Cloud Basic

D : Financial Service Cloud Extension

Answer: C

Question 2

Which of these Object Types are part of the Financial Services Cloud Data Model (Select 3)

Options :

A : FSC Packaged Objects

B : FSC Marketing Objects

C : Sales or Service Objects

D : FSC Standard Objects

E : Action Plan Objects

Answer: A,C,D

Question 3

Financial Advisors can create a financial goal to track a client's progress toward major purchases, retirement

savings, or other life goals. Which statements are correct?

Options :

A : You can only create savings-oriented goals.

B : You can't create a goal for paying down a debt.

C : You can associate a goal with a specific financial account.

D : Financial Goals require the Financial Goals permission set to be visible to a user.

Answer: A,B

Question 4

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?

Options :

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.

Answer: D

Question 5

Lake Tahoe Bank is evaluating Financial Services Cloud to help them deliver a customer-centric view. They currently have a heavily customized Salesforce implementation with a product-centric design. Lake Tahoe Bank wants to make sure planned changes have a minimal impact on users during implementation. What is the recommended approach for implementing Financial Services Cloud at Lake Tahoe Bank?

Options :

A : Implement Financial Service Cloud in a new org (Green Field) and redesign business capabilities in Ihe new org.

B : Implement Financial Service Cloud in a Trial org and convert the Trial org to production org.

C : Implement Financial Service Cloud in the existing org (Brow Field).

D : Implement Financial Service Cloud in the existing org-s Sandbox and then deploy to production org to mitigate the end-user impact

Answer: A

Confidently Practice Online with Free IND330 Exam Cram

Buying Options: