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Question 28 - Certified Financial Services Cloud discussion

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

A.
An RBL (Rollup By Lookup) rule displays summary calculations of financial account information, such as account balances.
Answers
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.
Answers
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
Answers
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
Answers
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.
Answers
E.
RBL rules do not require a lot of processing power.
Suggested answer: A, C, D

Explanation:

The following statements are true for Rollup By Lookup (RBL) in Financial Services Cloud:

An RBL (Rollup By Lookup) rule displays summary calculations of financial account information, such as account balances. You can use RBL rules to aggregate financial account data across different levels of client relationships.

The Rollup By Lookup (RBL) configuration updates the corresponding RBL summaries at the diem and group levels. You can use RBL configuration to define which fields are rolled up and how they are calculated for each diem and group type.

Salesforce does not recommend or provide support for creation or customization of Financial Services Cloud RBL rules. RBL rules are complex and require extensive testing and validation. If you need to create or customize RBL rules, you should contact a certified Salesforce partner or consultant. Verified

Reference: : Salesforce Financial Services Cloud Implementation Guide, page 75. : Salesforce Financial Services Cloud Implementation Guide, page 76. : Salesforce Financial Services Cloud Implementation Guide, page 77.

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asked 23/09/2024
Peter Unterasinger
42 questions
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