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Practice Questions of Salesforce Financial Services Cloud Exam

Question 1

Which of the following is a benefit of using the Loan Origination feature in Salesforce Financial Services Cloud?

A) Improved customer experience through digital application process
B) Reduced operational costs through automated underwriting
C) Enhanced compliance with regulatory requirements
D) All of the above

Answer: D) All of the above

Question 2

When analyzing business performance, which of the following is a key performance indicator (KPI) for client retention in financial services?

A) Average Account Balance
B) Client Churn Rate
C) Number of New Clients
D) Total Revenue

Answer: B) Client Churn Rate Answer:

Question 3

Which of the following is a benefit of using the Referrals functionality in Salesforce FSC?

A) Improved collaboration between financial advisors
B) Increased visibility into referral pipeline and performance
C) Streamlined referral tracking and reporting
D) All of the above

Answer: D) All of the above