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CPQ-201 PDF DEMO:

QUESTION NO: 1
Universal Containers wants to give management the ability to override the price of specific products that always contain Discount Schedules. The Admin has determined that setting the product field Price Editable to True will not work, as the discount schedule will still be applied. The Admin decides to create a custom field for custom price entry and Price Rule to inject this value into managed pricing fields. What Salesforce pricing fields should the Price Rule Set?
A. Special Price and Special Price Type
B. Regular Price and Regular Price Type
C. Custom Price and Custom Price Type
D. List price and List Price Type
Answer: A

QUESTION NO: 2
Universal Containers sells their subscription products only in whole months. The Users at
Universal Containers are sometimes entering values into Start Date and End Date and leaving
Subscription Term blank. They are finding that subscription pricing is not working as they would expect because the dates they are choosing do not equate to exact months. This leads to pricing that may be a few cents or even a few dollars off. The Admin would like to find a solution that does not require forcing the users to use Subscription Term. What should be done so that the pricing is rounded to the expected value?
A. Create a Price Rule which rounds the Prorate Multiplier to the nearest whole value.
B. Create a Price Rule that takes the user-entered date and calculates a rounded Term.
C. On the Quote object, set the Subscription Prorate Precision field to Monthly.
D. In the package settings, set Subscription Prorate Precision to Monthly.
Answer: D

QUESTION NO: 3
Universal Containers wants to show a Monthly Price column on the Quote Document if the
Quote has Payment Terms of Net 30.
In addition to creating the Monthly Price Line Column, which two Configurations are needed to satisfy this requirement?
Choose 2 answers
A. Include Monthly Price in the Quote Line Editor Field set.
B. Set the Conditional Print Field on the Line Column record.
C. Create an additional Line Items section without the Monthly Price field.
D. Create a custom formula Indicating if the Payment Terms are Net 30.
Answer: B,C

QUESTION NO: 4
"Based on a customer's requirements, the CPQ Admin has created multiple configuration attributes and assigned them to a single feature. Which configuration is valid for displaying the attributes?
A. Above all product options in the feature."
B. Above or below all features in the bundle.
C. Above or below the feature in the bundle.
D. Above or below all product options in the feature.
Answer: D

QUESTION NO: 5
User A at Universal Containers has an active quote with Company A.
Before the quote is finalized, however, Universal Containers enters into an agreement with Company
A to always provide a 20% discount on one of the products that User A is quoting. An Admin has correctly configured the contracted price. When User A recalculates, however, the contracted price is not applied. What explains this behavior?
A. The User must press Refresh Prices to see the effect.
B. The User must set Allow Contracted Prices on their quote.
C. The contracted price is only applied when adding a product.
D. The quote line for this product has Non Discountable checked.
Answer: C

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Updated: May 28, 2022