Salesforce AP-208 pass test : Financial Services Cloud Accredited Professional

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Salesforce AP-208 Exam Syllabus Topics:

Salesforce Financial Services Cloud Accredited Professional Sample Questions:

Question 1

What should a Financial Advisor use to model the relationship between a business contact and a client that is modeled as a person account?

A. Account-Account Relationship
B. Account-Contact Relationship and the Reciprocal Role
C. Reciprocal Role
D. Contact-Contact Relationship and the Reciprocal Rote

Question 2

Cumulus Insurance has a franchise business model with a large number of franchisees who operate independently but report to regional managers who are Cumulus employees. The company would like the franchise owners and their employees to have access to the Cumulus Salesforce Financial Services Cloud (FSC) instance. The company plans to use the Role Hierarchy and sharing rules to implement this. What should the architect at Cumulus Insurance be aware of for this solution?

A. The administrator can define up to 300 total sharing rules for each object.
B. Franchise users canhave multiple roles in the hierarchy.
C. Franchise users will need to switch their browsers to a platform that supports Lightning Web Components.
D. Salesforce FSC only allows 1,024 public groups.

Question 3

What is a key step in identifying different business processes and outlining encompassing system flows based on the existing environment when setting up Salesforce Financial Services Cloud (FSC)?

A. Creating a new Salesforce instance from scratch for the customer
B. Conducting a gap analysis between the customer's current processes and SalesforceFSC capabilities
C. Implementing a generic, one-size-fits-all solution for all customers
D. Importing the customer's existing data into Salesforce FSC without any modifications

Question 4

A wealth advisor is trying to relate a client to their attorney using the Add Contact option on the relationship tree but can't find any reciprocal roles displayed in the related role lookup. What are two reasons for this?

A. The user should be using the Member Relationship button under the Actionable Relationship Center.
B. The user should be using the Edit Group button to access reciprocal roles.
C. Sharing rules have not beenset up for reciprocal roles.
D. Reciprocal roles have not been created in the org.

Question 5

A system administrator at a financial services company wants to build a report to show Interest Tags.
Which two things should the administrator consider when configuring the report?

A. When the user defines the custom report type, Tag Categories should be selected as the Primary Object.
B. To show Interest Tags applied to specific objects, the user can add a filter in the report and select the object name.
C. The user must build a report using the Topics object to view Interest Tags in the report.
D. When the user defines the custom report type, Topics should be selected as the Primary Object.

Solutions: