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Salesforce AP-208 Exam Syllabus Topics:

Salesforce Financial Services Cloud Accredited Professional Sample Questions:

Question 1

An advisor is setting up a Household in Financial Services Cloud for their new clients, Oliver and Macie Dogging ton. The advisor created a Person Account record for both Oliver and Macie, and a Household record for the Dogging ton household. While creating the Household group, the advisor attempted to input the below information but received an error.
Member Name: Oliver Dogging ton
Role in Group: Client
Primary Member: Enabled
Primary Group: Enabled
Activities and Objects to Roll Up: All
Member Name: Macie Dogging ton
Role in Group: Spouse
Primary Member: Enabled
Primary Group: Enabled
Activities and Objects to Roll Up: All
Based on the information provided, what caused the error that the advisor received?

A. Activities and Objects to Roll Up - two individuals cannot designate their activities to roll up to the same Household.
B. Primary Group -two individuals cannot designate the same Household as their Primary Group.
C. Spouse is not a valid Role within a Group.
D. Primary Member - two individuals cannot be designated as the Primary Member of the same Household.

Question 2

A financial services company needs a custom field for reporting when relating two business accounts to each other. Which object should the administrator configure the custom field on?

A. Account Account Relationship
B. Account
C. Contact-Contact Relationship
D. Account Contact\Relationship

Question 3

If a client is associated with more than one Household or Group, where will this clients records get rolled up to?

A. to the household selected by the advisor for record rollups.
B. to all the parent households and groups
C. to the Household where the client is the primary member
D. to the household with the client's primary address

Question 4

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

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

Question 5

What step is required to give users access to the FinancialServices Cloud Commercial Banking features?

A. Assign permission sets to give users access to the Commercial Banking Console Lightning app.
B. Update theuser profiles to give users access to Financial Services Cloud objects
C. Install the Commercial Banking Managed Package
D. Update Industries Settings to give users access to the Commercial Banking Console Lightning app.

Solutions: