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CPQ-201 PDF DEMO:

QUESTION NO: 1
Universal Containers (UC) has set the CPQ package settings of both Subscription Term Unit and Subscription Prorate Precision to Month. UC wants to quote a Fixed Price Subscription Product with a start Date of June
18, 2019 and an End Date of August 21, 2020.
The Product record has a Subscription Term of 12, a Pricing Method of List, and a Pricebook Entry of
USD 100 What is the Prorated List Unit Price for the Quote Line?
A. USD 118.31
B. USD 100.00
C. USD 116.67
D. USD 125.00
Answer: C

QUESTION NO: 2
A Lookup Query may return a value to only be used within a CPQ managed field.
A. False
B. True
Answer: A

QUESTION NO: 3
Universal Containers (UC) sells a product that Percent of Total to determine its price. UC wants to ensure that this product is always priced at a minimum of $100, even if the calculated amount falls under $100.
Which two steps should the Admin take to meet this requirement? Choose 2 answers
A. Set the Price Book Entry custom field Percent_of _Total_Target_c to $100.
B. Set the product's Percent of Total Constraint field to List price is minimum.
C. Create a Price Book Entry of $100 for the product
D. Create a Price Book Entry of $0 for the product.
Answer: B,D

QUESTION NO: 4
Universal Containers uses Contracted Pricing to set pricing for specific distributors and those distributors' business units (child accounts). Product A has a product family of Storage and a list price of $300. The parent account has a Contracted Price set to $200 and a filter based on the product family of Storage. Which two ways can the Admin set Product A back to list price on a business unit account?
A. Set Ignore Parent Contracted Prices to true on the business unit account record.
B. Create a new contracted price record for Product A on the business unit account and set its Ignore
Parent Contracted prices to true.
C. Set Ignore Parent Contracted Prices to true on the parent contracted price.
D. Create a new contracted price for Product A on the business unit account with a price of $300.
Answer: A,D

QUESTION NO: 5
Universal Containers offers the same Products in different regions of the country. Each sales rep is assigned to a single region numbered 1 through 10.
Each region has some Products which are region-specific and unavailable to users from other regions.
Managers can add Products to a sales rep's Quotes that are inaccessible to other sales reps.
Which two steps should the Admin take to meet the business requirement? Choose 2 answers
A. Use Product rules to hide Products from some sales reps.
B. Add a Search Filter to the add Products Custom Action to filter Products based on the current user.
C. Create a Price Book per region for sales reps. Share the regional Price Book with appropriate sales reps.
D. Create a single Price Book with all Products. Share the Price Book with all users.
Answer: A

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Updated: May 28, 2022