Salesforce AP-208 : Financial Services Cloud Accredited Professional

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Salesforce AP-208 Exam Syllabus Topics:

Salesforce Financial Services Cloud Accredited Professional Sample Questions:

1. Which three insurance processes are managed by the Policy Administration component?

A) Approvals
B) Endorsements
C) Underwriting
D) Commissions
E) Payments

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

A) Notes and Attachments
B) Financial Holdings
C) Cases
D) Household Financial Accounts
E) Client Financial Goals

3. Cumulus Bankhas implemented Compliant Data Sharing in Financial Services Cloud. Which two things happen when an opportunity record that has opportunity participants with associated share table entries is set to Private?

A) The opportunity participant records are not deleted.
B) Sharetable records need to be manually deleted.
C) All opportunity participant records are delete
D) The share table records are deleted.

4. Which three of these statements are true for Rollup By Lookup (RBL) in Financial Services Cloud?

A) Salesforce does not recommend or provide support for creation or customization of Financial Services Cloud RBL rules
B) The Rollup By Lookup (RBL) configuration updates the corresponding RBL summaries at the diem and group levels
C) An RBL (Rollup By Lookup) rule displays summary calculations of financial account information, such as account balances.
D) Person Accounts need to be enabled in order to use the Rollup by Lookup functionality.
E) RBL rules do not require a lot of processing power.

5. Cumulus Bank's mortgage department is currently using spreadsheets to gather client data for mortgage applications. The bank is interested in improving the efficiency of this process.
Which two features shoulda consultant suggest to Cumulus Bank to implement?

A) Data Import Wizard to upload the data collected in spreadsheets
B) The standard mortgage flow templates to build a mortgage flow in Financial Services Cloud
C) Flow Builder to automate these business processes
D) A Mortgage Application' custom object to hold thecollected client data

Solutions: