Free CPQ and Billing Consultant Accredited Professional Exam AP-223 Exam Practice Test

what are the 3 reasons why you would need an app exchange solution to support generating a document is support of a revenue cloud project?

• watermarks
• Attachments
• electronic signature
• Contract Redlining
• Invoice Generation

A Revenue Cloud Customer has posted a cash payment that was created on Account A by mistake. What are the steps to apply this to the correct invoice on Account B?

• Un-allocate the Payment if allocated, create a refund and then create a new payment for Account B
• Un-allocate the payment if allocated and reparent the payment to Account B
• Allocate the Payment to an invoice on Account B.
• Set the payment status to cancelled and create a new payment on Account B.

A user story for a Revenue Cloud implementation states.As an Accounts Receivable Manager,I want to automatically generate invoices in draft status the same day of every month”.what implementation option should a revenue cloud consultant pursue first?

• Set up an invoice scheduler
• Triggers and apex to check the bill now checkbox after the order status is changed to “Activated”.
• Workflow rule to check the bill now checkbox after the order status is changed to “Activated”.
• Set up a Payment Scheduler

Which 3 Customer Teams Should be invited to participate in scoping revenue cloud project?

• Information
• Technology
• Sales operations
• Accounting and finance
• Customer Service
• Human Resource

What are three fundamental principles when scoping a Revenue Cloud Project?

• Alignment with customer on cpq and billing Terminology
• Add new technology to the existing Process
• Lead with Business Requirements and Process
• Think Transformation before Customization
• Interview Customer first before Knowledge Sharing with the sales team.

Universal containers recently migrated legacy contracts and subscriptions into salesforce in order to facilitate amendments and renewals in CPQ .however ,sales user share getting the ‘attempt to de-reference a null object’ error when amending the legacy contract. what is the most likely cause for the error?Migrated contracts and subscriptions cannot be amended using salesforce CPQAmendment of legacy contract and subscription data requires asset-based renewal methodRequired fields are missing or incorrectly populated on the legacy contract and subscription dataLegacy subscription data are missing a lookup to a source quote line record

• Salesforce CPQ fully supports amendment of migrated contracts/subscriptions as long as the required data is populated.
• B . Amendment requires asset-based renewal methodIncorrect. Legacy migrations can use either:
• Contract-Based Renewal, or Asset-Based Renewal
• There is no requirement to switch to asset-based renewal.
• D . Legacy data missing lookup to source quote lineIncorrect.
• A lookup to the original Quote Line (SBQQ QuoteLine c) is not required for amendments. It is only needed to support:
• Contracted pricing logic reuse Certain renewal pricing behaviors Some reporting use cases
• Missing this field does not block amendments and does not cause this error.

What three key considerations for legacy data migration will expand the project scope of a Revenue Cloud implementation?Choose 3 answers

• Extracting from multiple sources takes additional resources and time to access and process
• Fragmented and incomplete information will need to be aggregated and validated, otherwise the solution will yield unexpected results
• The creation of external objects will bypass the need for legacy data migration
• Large volumes of data take a longer time to load.
• The Amendments and Renewals process will be subject to customizations

A revenue cloud user story states “Sales users should have the ability to create new quotes with established rate cards and account specific discounts because current customers are entitled to the pricing that was originally negotiated'' .in addition to loading data to accounts, contracts, quotes what other object will need to absorb legacy data?

• Contracted Pricing
• order products
• entitlements
• Subscription

Which Revenue Cloud feature can be customized to provide an aggregated view of the current goods and services on a contract?

• Renewals
• Customer Asset Lifecycle Management (CALM)
• Amendments.
• Subcription
• Order

During Scoping the customer indicated that they needed customization to salesforce CPQ Due to a process in a legacy system what is the first step in ensuring the requirement is Accounted for in Scoping?

• Ask follow up questions to ensure legacy process has business justification
• scope additional project hours for customization
• scope in developer resource for customization
• Make it optional Scope with possible change order during the project