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Lake Tahoe Bank needs to conduct periodic reviews with their customers to review credit & debit card usage, review account payables and discuss credit needs. The bank wants to ensure such activities are tracked and exceptions are reported &followed up on in a timely manner. How can Financial Services Cloud support these requirements?

• A. Run a nightly process to create tasks and assign them to account owners for follow-ups
• B. Create an Action Plan Template with associated pre-determined Tasks and automate the periodical creation of Action Plans for customer accounts.
• C. Use Lightning Scheduler to periodically schedule tasks for account owners.
• D. Train account owners to create required tasks periodically and setdue dates for tracking.

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. 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.
• B. The administrator can ask the business manager on the investment bank team to review the file directly.
• C. 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.
• 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.

A Financial Services Cloud (FSC) administrator is assigning permission set licenses to users, including personal bankers. Which permission set license is recommended for this set of users?

• A. FSC Basic permission set license
• B. FSC Standard permission set license
• C. FSC Extension permission set license
• D. FSC Foundations permission set license

Early in the discovery and solution meetings, it was determined that the client would primarily use out-of-the- box Financial Services Cloud (FSC) objects and components with minimal custom objects needed. In addition, it was decided that records should be private, but the managerial chain would require visibility into all their direct reports' records.
Which three security settings must be set up in Salesforce to meet these requirements?

• A. Organization-wide sharing defaults should be set to meet sharing requirements for all objects in use.
• B. Custom permission sets and out-of-the-boxFSC permission sets should be configured or updated and assigned to all users for the use of FSC components and field-level security.
• C. Each object sharing should be set up, explicitly sharing each user's record with the manager.
• D. Only Custom Profiles should be configured and assigned to all users to use FSC components and field- level security. The ^ administrator should configure custom profiles and assign them to all users
• E. The Role Hierarchy in setup should be configured to allow for managers to automatically see records of those under them.

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