Question 1

When creating a Custom Summary Formula in a Report, what are the four valid Summary Types which you can select? (4 answers)

Options :

A : Average

B : Previous

C : Total

D : Min

E : Max

F : Sum

Answer: A,D

Question 2

Financial Advisors can create a financial goal to track a client's progress toward major purchases, retirementsavings, or other life goals. Which statements are correct?

Options :

A : You can only create savings-oriented goals.

B : You can't create a goal for paying down a debt.

C : You can associate a goal with a specific financial account.

D : Financial Goals require the Financial Goals permission set to be visible to a user.

Answer: A,B

Question 3

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

Options :

A : An RBL (Rollup By Lookup) rule displays summary calculations of financial account information, such as account balances.

B : Person Accounts need to be enabled in order to use the Rollup by Lookup functionality.

C : The Rollup By Lookup (RBL) configuration updates the corresponding RBL summaries at the diem and group levels

D : Salesforce does not recommend or provide support for creation or customization of Financial Services Cloud RBL rules

E : RBL rules do not require a lot of processing power.

Answer: A,C,D

Question 4

Which dashboard component can display data from the summary rows of reports? (2 answers)

Options :

A : Chart

B : Metric

C : Table

D : Gauge

Answer: A,C

Question 5

Person accounts store information about individual people by combining certain account and contact fields into a single record. Using the Object Manager, on which Object do you configure the Person Account Page Layout?

Options :

A : The Person Account Record Type on the Account Object

B : The Person Account Record Type on the Contact Object

C : The Person Account Object

Answer: C

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