Quiz Salesforce - Revenue-Cloud-Consultant-Accredited-Professional - Salesforce Revenue Cloud Consultant Accredited Professional–Valid Certificate Exam

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To be eligible to take the Salesforce Revenue Cloud Consultant Accredited Professional certification exam, you should have experience in implementing and consulting on Salesforce Revenue Cloud solutions for at least six months. You should also possess knowledge of revenue recognition principles and industry standards, pricing and product management, and order management processes. Additionally, you should have experience in designing and implementing solutions that meet the unique needs of different industries and business models.

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Salesforce Revenue-Cloud-Consultant-Accredited-Professional Certification Exam is an advanced certification that requires extensive knowledge and experience with revenue management. Revenue-Cloud-Consultant-Accredited-Professional exam covers topics such as revenue recognition, pricing and discounting, product management, billing and collections, and revenue forecasting. It is designed to test the candidate's ability to design and implement revenue management solutions within the Salesforce platform.

Salesforce Revenue Cloud Consultant Accredited Professional Sample Questions (Q78-Q83):

NEW QUESTION # 78
Which is the correct sequence of evaluation events for a price rule,quote calculator plugin (QCP) and CPQ package pricing engine?

A. internal initialization →on Initialization→calculate formulas → Before Calculate→calculatequantities→ On Calculate→Price Waterfall Calculation→ After Calculate
B. internal initialization →on Initialization→ Before Calculate →calculate quantities→ OnCalculate→Price Waterfall Calculation→ After Calculate→calculate formulas
C. internal initialization →calculate formulas →calculate quantities →on Initialization →Before Calculate → On Calculate → Price Waterfall Calculation → After Calculate
D. internal initialization →calculate formulas →calculate quantities →Price WaterfallCalculation →on Initialization → Before Calculate →On Calculate →After Calculate

Answer: A

NEW QUESTION # 79
A revenue cloud user story for a subscription-based company looking to replace theirlegacy system states "as a pricing manager,bulk discounts will include previouslypurchased quantities for pricing calculations on thequote inorder to reward loyal customers. What should be included in the design of this solution?

A. Discount schedules withcross orders checked
B. Legacy orders and invoice should be migrated
C. customaction to retrieve purchased quantities from an external source
D. Contracts, subscriptions and assets should be populated with historical data
E. use a summary variable targeting the subscription object with a price rule

Answer: A,D

Explanation:
Salesforce Revenue Cloud, part of the Salesforce Customer 360 Platform, unites Configure, Price, and Quote (CPQ), Billing, Partner Relationship Management, and B2B Commerce functionality1. It aims to help businesses better manage their revenue streams, enhance forecasting capabilities, improve efficiencies, and accelerate growth across all sales channels1.
In the context of the user story, the company wants toreward loyal customers by including previously purchased quantities in pricing calculations on the quote. This can be achieved by using discount schedules with cross orders checked2.
Discount schedules in Salesforce Revenue Cloud allow businesses to implement dynamic pricingstrategies with rules that trigger changes when specified products are on a quote2. By checking cross orders,the system can consider the quantities of a product that a customer has purchased across multiple orders when applying bulk discounts2. This way, the more a customer purchases over time, the greater the discounts they can receive, thereby rewarding their loyalty2.
References
Salesforce Revenue Cloud
Understanding Salesforce Revenue Cloud

NEW QUESTION # 80
Universal Containers sell boxes based on size, Price for a specific product is based on theselection of length and width and height, which cpq pricing functionality should be usedhere?

A. Multi Dimensional Quoting
B. Price Rule with lookup table
C. Discount Schedule
D. Percent oftotal

Answer: A

Explanation:
Multi Dimensional Quoting (MDQ) is a pricing functionality in Salesforce CPQ that allows you to break a long subscription into smaller segments, such as months, quarters, or years, and apply different quantities, discounts, or uplifts to each segment. This way, you can offer flexible and customized pricing to your customers based on their needs and preferences. For example, if you sell boxes based on size, you can use MDQ to create a quote with different prices for different dimensions of the boxes, such as length, width, and height. You can also adjust the prices for each dimension based on the duration of the subscription, such as offering a lower price forthe first year and a higher price for the second year. MDQ helps you to create complex and dynamic quotes with ease and accuracy, and increase customer satisfaction and loyalty. References:
Create a Multidimensional Quote
Revenue Management Platform & CPQ Solution
Explain Multi Dimensional Quoting (Price Dimension) in Salesforce CPQ

NEW QUESTION # 81
A sales rep needs to renew multiple assets. Some assets will be renewed at the same prices, so negotiations are unnecessary and the rep can directly create a renewal order. Some assets need to be renewed at higher prices, so the rep needs to create a quote for negotiation. When the sales rep starts the renewal process, they are not able to choose whether to create a quote or an order.
How should a Revenue Cloud Consultant address the sales rep's issue?

A. Customize the Manage Asset component to allow renewal quote and order creation.
B. Change the Revenue Cloud settings to allow renewal quote and order creation.
C. Override the standard Salesforce flow to allow renewal quote and order creation.

Answer: B

NEW QUESTION # 82
What does RASIC stand for?

A. Responsible, Accountable, Supporting, Informed, Consulted
B. Responsible, Actionable, Supporting, Informed, Communicate
C. Responsible, Actionable, Supporting, Informed, Consulted
D. React, Action, Support, Informed, Consulted

Answer: A

Explanation:
RASIC is an acronym used in project management to define the roles and responsibilities of each person who interacts with the project. Each letter represents a designated role in a task's completion:
* R (Responsible): This is the task lead - the individual who is ultimately responsible for getting the job done. There should only be one person responsible.
* A (Accountable): This is the person, or people, who will approve or deny the task once it's complete.
The person responsible can also play this role, but it can also be a technical expert or stakeholder.
* S (Supporting): The individual(s) in this role actively work on the task and help the person responsible.
* I (Informed): The individual(s) in this role need to be informed of the task's progress and any decisions being made. These are the people who need to know when the task is complete.
* C (Consulted): People in this role offer advice or guidance but do not actively work on the task. These are often subject matter experts who offer guidance or one-time technical reviews1.
References
* Defining Roles and Responsibilities on a Project (RASIC) - Nexight Group

NEW QUESTION # 83
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