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Salesforce AP-208 Exam Syllabus Topics:

Salesforce Financial Services Cloud Accredited Professional Sample Questions:

1. Cumulus Cloud Bank needs help onboarding new customers. The business process requires updating the Know Your Customer (KYC) document checklist and performing internal tasks in a predefined order.
However, during an internal audit, it was found that bankers often miss these tasks and still move to the next stage of the onboarding process.
What should a consultant recommend?

A) Create an after-save trigger to generate reminder tasks.
B) Utilize Financial Services Clouc flag Templates to flag missing items.
C) Utilize Action Plan and Action INan Template.
D) Utilize Chatter notifications for reminders.

2. Which step is required to give a group of users access to a Financial Deal?

A) Share a financial deal record with a group by adding them as participants to the record from the Financial Deal Participants related list,
B) Change organization-wide defaults (OWD) sharing on the Financial Deal object to Public Read/Write.
C) Create a Financial Deal permission set and assign it to the users that should have access to Financial Deals.
D) Update Industries Settings to give users access to the Financial Dew object.

3. In Financial Services Cloud, what is the criteria for commas and symbols to be displayed correctly on the Financial Account Summary component?

A) User's locale must match user's currency.
B) User's locale and language must match user's currency.
C) Account currency must match org default currency.
D) User currency must match org default currency.

4. During the delivery stage of a Financial Services Cloud (FSC) implementation, a consultant needs to think about how to utilize FSC-related objects. Which three things should the consultant consider when adopting such objects?

A) Role Hierarchy-based sharing can be disabled for the Financial Deal object but can't be disabled for the Opportunity object.
B) In a household, each of the household members is modeled as a Person Account and the household ismodeled as an Account.
C) Interaction Summary is an enhancement of the standard Activity object. FSC implementations should use Interaction Summary as a replacement for the Activity object.
D) In a household, each household member is modeled as a Contact, and the household is modeled as an Account.
E) Both the Financial Deal object and the Opportunity object support Compliant Data Sharing.

5. The investor relations director of a large insurance company just published a press release after the company's Quarterly Earnings Callto report about its digital transformation implementing Salesforce Financial Services Cloud (FSC).
Which three value outcomes should the company's stakeholders expect?

A) Achieved higher CSAT & NPS scores attributed to personalized customer experiences driven by shorter waits due to decreased average case handle times and improved self-service solutions via Einstein Bots for FSC
B) Drove Advisor productivity with a daily task list, client life events, opportunities, and aggregated household information directly from D the FSC HomeT\e
C) Streamlined the entire deal lifecycle with FSC. leveraging relationship maps and interaction history in business development/discovery D to accelerate pipe management and research
D) Improved customer onboarding experiences by fast-tracking and simplifying document tracking and approvals via FSC Action Plans
E) Automated claims orchestration via straight through processing workflow rules from OmniStudio with minimal human intervention from insurance adjusters or underwriters, allowing claims to be completed faster and at scale

Solutions: