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Question 104 - Certified Financial Services Cloud discussion

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Cumulus Bank is migrating its CRM software from a legacy application to Salesforce Financial Services Cloud (FSC). The bank hired Salesforce Professional Services to configure/deploy the new Salesforce FSC org and migrate data.

Which order should a consultant follow when performing the data migrations?

A.
Individuals, then Financial Account Roles, then Financial Accounts, then Financial Account Transactions
Answers
A.
Individuals, then Financial Account Roles, then Financial Accounts, then Financial Account Transactions
B.
Individuals, then Financial Accounts, then Financial Account Roles, then Financial Account Transactions
Answers
B.
Individuals, then Financial Accounts, then Financial Account Roles, then Financial Account Transactions
C.
Financial Accounts, then Financial Account Roles, then Individuals, then Financial Account Transactions
Answers
C.
Financial Accounts, then Financial Account Roles, then Individuals, then Financial Account Transactions
D.
Financial Accounts, then Financial Account Transactions, thenVinancial Account Roles, then Individuals
Answers
D.
Financial Accounts, then Financial Account Transactions, thenVinancial Account Roles, then Individuals
Suggested answer: B

Explanation:

The order that the consultant should follow when performing the data migrations is Individuals, then Financial Accounts, then Financial Account Roles, then Financial Account Transactions. This order ensures that the data dependencies and relationships are maintained and that the data integrity and quality are preserved. By migrating Individuals first, the consultant can create the records that represent the customers of the bank. By migrating Financial Accounts next, the consultant can create the records that represent the financial products or services that the customers own or use. By migrating Financial Account Roles next, the consultant can create the records that link the individuals to the financial accounts and define their roles or relationships with those accounts. By migrating Financial Account Transactions last, the consultant can create the records that represent the transactions or activities that occur on the financial accounts.

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asked 23/09/2024
Evelina Turco
34 questions
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