Free CPQ-301 Exam Questions - Easiest Way for Success

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Total 247 Questions | Updated On: Sep 13, 2024

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Question 1

Universal Containers sells a container management bundle with Product Options representing different service levels. The admin has created a Configuration Attribute for the bundle to let users specify the service level while in the Quote Line Editor.

Which two actions should the admin take to limit the options in the bundle that are displayed to the user when

a service level is selected?

Choose 2 answers

A : Create a Selection Price Rule that automatically shows and hides Product Options based on the service level.

B : Create a Selection Product Rule that automatically shows and hides Product Options based on the service level

C : Ensure Apply to Product Options is set to TRUE on the Configuration Attribute.

D : Ensure Apply Immediately is set to TRUE on the Configuration Attribute.

Answer: A,D

Question 2

An admin created a workflow rule to automatically generate the renewal Opportunity and Quote when a user activities the Contract. The Renewal Pricing Method is set to List. The original Quote contains only standalone fixed-price subscription products and non-subscription product.

What should the user see on the renewal Quote?

A : Additional discounts from the original Quote will automatically populate on the renewal.

B : The renewal Quote start date will be the Contract end date plus one day

C : Optional products from the original Quote will pull into the renewal.

D : All Quote Line items will be pulled through from the original Quote

Answer: A

Question 3

Universal Containers sells a total of 100 Products. There are 80 Products that are generally available for selection by all users (General Access). The remaining 20 Products should only be available to a certain group of users (Special Access).

Which Product Selection and Price Book strategy should the admin utilize to meet the requirement**

A : Create one Price Book that contains all 100 Products. Create a Validation Rule on the Quote o(M.ect to prevent selection of a Special Access Product based on the level of User access.

B : Create one Price Book that contains all 100 Products. Create a custom Product field to designate Genera! Access and/or Special Access. Utilize Hidden Search Filters to support dynamic Product visibility based on the level of User access

C : Create two Price Books: one General Access Price Book with the 80 generally available Products, and one Special Access Price Book with the 20 Special Access Products. Create automation to populate the appropriate Price Book ID Into the SBQQ__QuotePricebookld__c on the Opportunity.

D : A Create two Price Books: one General Access Price Book with the 80 generally available Products,and one Special Access Price Book with all 100 Products. Use Guided Selling to assign the appropriate Price Book based on the level of User access.

Answer: D

Question 4

The Require Approved Quote package-level setting prevents CPQ from generating records for which object?

A : Order

B : Quote Document

C : Contracted Price

D : Contract

Answer: A

Question 5

A user needs to amend a contract and change prices to reflect new discounts for existing active subscriptions and assets.

How should the user achieve this?

A : Clone the Quote Lines which need to be updated. Modify the desired discounts on the cloned Quote Lines. Update the original Quote Lines to a Quantity of zero.

B : Change the status of the contract to Draft. Make price changes on the original quote used to generate the contract and check Contracted on the Opportunity again.

C : Change the values for Net Price on the subscription or Price field on the asset. Amend the contract and use Refresh Prices.

D : Create a Price Book with Price Book Entries to reflect the new prices. Populate the Contract Amendment Price Book ID field with the new Price

Answer: C

Page: 1 / 50

Total 247 Questions | Updated On: Sep 13, 2024

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