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Salesforce AP-208 Exam Syllabus Topics:

Salesforce Financial Services Cloud Accredited Professional Sample Questions:

Question 1

A private equity company with only one administrator wants to upgrade Financial Services Cloud (FSC) from a Sales Cloud Unlimited Edition (UE) org. The company decided to install FSC greenfield on a new org to minimize the transfer of existing tech debt. In preparation for data migration, the administrator has been exporting backup files of the current org for a month.
What should the administrator do as part of the preparation for the data migration process?

A. To start, the administrator can run a daily backup dataexport for a week, then continue to run this job weekly until they are ready for data migration.
B. After running the backup data export manually for 2 weeks, the administrator can schedule this job to run weekly every Sunday to review the file on Mondays atthe start of the week for data comparisons
/analysis.
C. The administrator can ask the business manager on the investment bank team to review the file directly.
D. As a dry run, the administrator can test this process via a data export request from the primary sandbox to the existing Sales Cloud UE org.

Question 2

During a project's design phase, a consultant must provide a Financial Services Cloud solution that can support CompliantData Sharing (CDS). What are three things the consultant should consider regarding CDS?

A. Compliance managers and Salesforce administrators can enable CDS for Account and Opportunity objects.
B. A financial services company wants to track different categories of financial accounts in its org.
Relationship managers must be able to see all of these financial accounts in one place on the customer's Account record page grouped by categories. Which three steps should an administratortake to configure the Financial Account object and the Account Lightning record page to meet the design?
C. Participant Roles provide another way to grant data access without overwriting sharing behavior from existing sharing features.
D. In a standard Salesforce org, Role Hierarchy for Account and Opportunity objects is enabled by default and can't be turned off.
E. Role Hierarchy-based sharing is disabled bydefault in CDS.

Question 3

The Salesforce Admin at Lake Tahoe Bank considering implementing Financial Services Cloud. What is thebest way for the Admin to access a Financial Services pre-configured org, including data and the right licenses, to learn about the product?

A. Request a Salesforce developer org.
B. Request a 30-day Financial Services Cloud trial org
C. Purchase one license of Financial Services Cloud and install it in a production org.
D. Spin up a Salesforce sandbox org.

Question 4

Rachel is the primary member of the Adams household hired a new attorney. What type of relationship should the Wealth Advisor create in Financial Services Cloud for Rachel and her attorney before assigning the reciprocal role of "Attorney"?

A. Create an Account-Contact relationship between the Adams Household and the attorney.
B. Create an Account-Account relationship between the Adams Household and the attorney
C. Create an Account-Account Relationship between the Addams Family Trust and the attorney.
D. Create a Contact-Contact Relationships between the primary member of the Adams Household and the attorney.

Question 5

A consulting firm is asked to add Events and Milestones to a Lightning record page to give financialadvisors deeper insights into their customers' lives.
What should the consultant configure to enable advisors to capture Once-in-a-Lifetime events and, at the same time, prevent users from accidentally creating more than one event of such an event type?

A. Unique event types
B. Single event types
C. Special event types
D. Once-in-a-Lifetime event types

Solutions: