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Salesforce Exam Financial Services Cloud Topic 3 Question 43 Discussion

Actual exam question for Salesforce's Financial Services Cloud exam
Question #: 43
Topic #: 3
[All Financial Services Cloud Questions]

A large insurance company hired a consulting firm to improve customer experiences for customers that want to complete standard processes online, such as getting an insurance quote or submitting a claim.

Which three standard Insurance Platform components can digitally enable these core insurance operations?

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Suggested Answer: C

The architect at Cumulus Insurance should be aware of the limitation that the administrator can define up to 300 total sharing rules for each object when using the Role Hierarchy and sharing rules to implement the franchise business model. Sharing rules are a way of granting additional access to records based on criteria, such as record owner, role, or field values. The Role Hierarchy is a way of organizing users into a hierarchy that reflects the reporting structure of the company. The Role Hierarchy and sharing rules can be used together to control the access and visibility of records for different users in Financial Services Cloud. However, there is a limit of 300 sharing rules per object, which means that the administrator may need to use other methods, such as public groups or manual sharing, to grant access to records beyond this limit.


[Sharing Rules]

[Role Hierarchy]

[Sharing Rule Limits]

Contribute your Thoughts:

Wilda
2 days ago
I agree with Adell. Those components are essential for improving customer experiences online.
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Adell
2 days ago
I think the three standard Insurance Platform components are Policy Administration, Claims Management, and Quote, Rate, and Apply.
upvoted 0 times
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