Which two statements are true for a Group in Financial Services Cloud?

Which two statements are true for a Group in Financial Services Cloud?
A . Financial Services Cloud includes a group record type for households
B . A group is a type of account record that people and businesses can be related to through the Financial Account relationship object
C . A group is a type of account record that people and businesses can be related to through the account contact relationship object.
D . Financial Services Cloud includes a group record type for businesses

View Answer

Answer: A, C

Explanation:

The following statements are true for a Group in Financial Services Cloud:

Financial Services Cloud includes a group record type for households, which is a record type that represents a collection of individuals who share financial goals, such as family members or roommates.

A group is a type of account record that people and businesses can be related to through the account contact relationship object, which is a junction object that links an account to a contact or an individual and defines their role or relationship with that account.