Free Revenue Cloud Consultant Accredited Professional Exam Revenue-Cloud-Consultant-Accredited-Professional Exam Practice Test

Universal Containers has three product families - Hardware, Software and Services. Their Sales Reps want to be able to view the net totals of various product families at the quote level. In order to support this, the CPQ admin has created three price rules that use summary variables to add the net total for quote lines that belong to a particular product family and intend to populate the sums to custom fields on the quote record. From a performance standpoint, which of the following is true?

• The current solution with three separate price rules is the most optimal solution
• It would be better to create separate quotes for each of the product families
• It would be better to create separate quote line groups for each of the product families and then use quote line group auto-summary functionality
• It would be better to use a single price rule with three price actions

An invoice run with a target date of 6/1/20 has completed with no errors.an order product with a next billing date of 6/1/20 did not generate an invoice line. which of the following fields might hold a value that would account for this?

• Billing type B. Next change date
• billing account
• invoice run processing status
• Billing day of month

Universal containers has three product families-hardware, software and services, their sales reps want to be able to view the net totals of various product families at the quote level.in order to support this, the CPQ admin has created 3 price rules that use summary variables to add the net total for quote lines that belong to a particular product family and intend to populate the sums to custom fields on the quote record. from a performance standpoint, which of the following is true?

• it would be better to create separate quotes for each of the product families
• it would be better to use a single price rule with 3 price actions
• it would be better to create separate quote line groups for each of the product families and then use quote line group auto-summary functionality
• the current solution with3 separate price rules is the most optimal solution

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?

• Allocate the payment to an invoice on account B
• Allocate the payment if allocated, create a refund and then create a new payment for account B
• Allocate the payment if allocated and reparent the payment to account B
• Set the payment status to canceled and create a new payment on account B

Universal Containers is Preparing to go live with salesforce CPQ however sales management has stated that they would recurring revenue captured on opportunity lineitem object to reference within existing pipeline reports. Annual revenue is currentlycaptured in the field ARR c on the SBQQ QuoteLine c Object. Which is the most efficient solution?

• Create ARR c on the opportunity Line item object, and create a price rule to copy the value from ARR c on SBQQ QuoteLine c on opportunity Product.
• Create ARR c on the opportunity Line item object, and create a flow to copy the value from ARR c on SBQQ QuoteLine C.
• Create ARR c on the opportunity Line item object, Matching the field configuration of ARR c on SBQQ QuoteLine C.
• Create a cross object formula field on the opportunity line item to reference ARR c data SBQQ QuoteLine C.

Universal containers recently migrated legacy contracts and subscriptions into salesforce in order to facilitate amendments and renewals in CPQ. however, sales users are 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 CPQ
• Amendment of legacy contract and subscription data requires asset-based renewal
• Method required fields are missing or incorrectly populated on the legacy contract and subscription data
• legacy subscription data are missing a lookup to a source quote line record

What are three risks when using too many cross object formula fields in aRevenue Cloud Project?

• Formula field data is not always available during CPQ quote calculation
• Formula fields have unlimited access to object many relationships away which makes it vulnerable to data changes.
• They are computationally Expensive.
• They can easily exceed limits if not carefully designed and tested
• Formula Fields are editable, after the calculation completes the sales user or process automation can overwrite its value

One of the automations implemented was to set every new quote created as “primary “at the time of creation in order to save clicks. users immediately began to report errors when trying to create in the production environment for the first time. what could have caused this issue?

• the user did not have the proper access to the opportunity product object
• the user did not execute post installation scripts upon their first login to CPQ
• the User did not have the proper access to the quote line object
• the user did not have the proper access to the quote object

What are three fundamental principles when scoping a Revenue CloudProject?

• 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.

A Revenue Cloud user story for a Subscription-based Company Looking to replace their legacy system states “As a pricing Manager, bulk discounts will include previously purchased quantities for pricing calculations on the quote in order to reward loyal customers”what should be included in the design of this solution? . (Choose 2 options)

• Custom Action to retrieve Purchased quantities from an external source
• Contracts, Subscriptions and Assets should be populated with historical data.
• Use a summary variable targeting the subscription object with a Price Rule.
• Legacy Orders and invoices should be migrated
• Discount schedules with Cross Orders checked.