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| Section | Objectives |
|---|
| Data Model and Architecture | - Configuration
- 1. Data Architecture
- 2. Data Migration
- Object Model
- 1. Quote Object
- 2. Contract Object
- 3. Order Object
|
| Business Process and Best Practices | - Implementation Methodology
- 1. Discovery
- 2. Deploy
- 3. Design
- 4. Build
- 5. Test
- Optimization
- 1. Performance Tuning
- 2. Scalability
|
| Billing | - Revenue Management
- 1. Revenue Recognition
- 2. Revenue Schedules
- Billing Configuration
- 1. Credit and Debit Memos
- 2. Billing Rules
- 3. Invoice Generation
|
| CPQ | - Design and Implementation
- 1. Pricing Rules
- 2. Document Generation
- 3. Advanced Approvals
- 4. Product Catalog
- 5. Guided Selling
- Integration
- 1. Third-party Systems
- 2. ERP Integration
|
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Salesforce Revenue Cloud Consultant Accredited Professional Sample Questions (Q50-Q55):
NEW QUESTION # 50
A Company that sells hardware and software has a project Requirement to migrate legacyInstall base into salesforce CPQ along with the contract. Which objects will need to be populated for this effort?
- A. Order Product.
- B. Subscriptions
- C. Quote
- D. Order
- E. Assets
Answer: B,E
Explanation:
To migrate legacy install base into Salesforce CPQ along with the contract, the Revenue Cloud Consultant needs to populate the Assets and Subscriptions objects. These objects store the information about the products and services that the customer has purchased and are associated with the contract. The Assets object tracks the physical products, such as hardware and software licenses, that have been delivered or activated for the customer. The Subscriptions object tracks the recurring products, such as software subscriptions or maintenance plans, that have a defined billing frequency and term. By populating these objects, the Revenue Cloud Consultant can preserve the history of the customer's purchases and enable the features of Salesforce CPQ, such as renewals, amendments, and co-termination. References:
Migrate Legacy Data to Salesforce CPQ
[Assets]
[Subscriptions]
NEW QUESTION # 51
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 →Price WaterfallCalculation →on Initialization → Before Calculate →On Calculate →After Calculate
- D. internal initialization →calculate formulas →calculate quantities →on Initialization →Before Calculate → On Calculate → Price Waterfall Calculation → After Calculate
Answer: A
Explanation:
The correct sequence of evaluation events for a price rule, quote calculator plugin (QCP), and CPQ package pricing engine is as follows:
Internal Initialization: This is the first step where the system prepares for the calculation process.
On Initialization: At this stage, any price rules that are set to trigger 'On Initialization' are run.
Calculate Formulas: The system evaluates formula fields.
Before Calculate: Any price rules that are set to trigger 'Before Calculate' are run.
Calculate Quantities: The system calculates quantities, for example, bundle components.
On Calculate: Any price rules that are set to trigger 'On Calculate' are run.
Price Waterfall Calculation: The system calculates out-of-the-box pricing tools such as block pricing, discount schedules, etc.
After Calculate: Any price rules that are set to trigger 'After Calculate' are run1.
This sequence ensures that all calculations and price rules are applied in the correct order, providing accurate pricing information1. Reference:
https://help.salesforce.com/s/articleView?id=sf.cpq_price_rule_considerations.htm&language=en_US&type=5
https://help.salesforce.com/s/articleView?id=000388745&language=en_US&type=1
NEW QUESTION # 52
Universal containers has setup a partner type custom field on the CPQ quote object inorder to ensure partners receive discounts.setting the partner type on the quote shouldcause a recalculation because the field is an input to theproduct prices.how can partnertype queue a new calculation for the quote?
- A. Include the field in a custom metadata setting
- B. Add the partner type field to the calculating fields field set
- C. Refresh post install scripts
- D. Setup a quote calculator plugin to ensure the custom field triggers calculation
Answer: B
Explanation:
In Salesforce CPQ, if a custom field is an input to product prices and you want a change in this field to trigger a recalculation, you should add this field to the calculating fields field set. This is because Salesforce CPQ's Advanced Quote Calculator determines quote and quote line prices in response to user or automated actions1.
Therefore, adding the 'partner type' field to the calculating fields field set will ensure that setting the partner type on the quote triggers a new calculation. References
* The CPQ Quote Calculation Sequence - Salesforce
NEW QUESTION # 53
What are three key characteristics of an implementation partner leading arevenuecloud scoping session?
- A. Having deep knowledge of competitor Products
- B. Being effective at planning,monitoring and reviewing
- C. Understanding design pitfalls and Mitigation actions to course correct
- D. Experience in a selling role with quota responsibilities
- E. Excellent Communication Skills both verbal and written
Answer: C,D
Explanation:
Excellent Communication Skills both verbal and written (A): This is crucial as it ensures clear and effective communication between all parties involved. It helps in understanding the requirements, setting expectations, and conveying plans and progress effectively.
Being effective at planning, monitoring, and reviewing (B): This is important for keeping the project on track.
It involves setting realistic timelines, tracking progress against those timelines, and making necessary adjustments to ensure the project's success.
Understanding design pitfalls and Mitigation actions to course correct (E): This involves having a deep understanding of common challenges that can arise during theimplementation and how to navigate them. It also involves being proactive in identifying potential issues and taking corrective action early to prevent them from becoming major problems.
While having deep knowledge of competitor products and experience in a selling role with quota responsibilities (D) can be beneficial in certain contexts, they are not as directly relevant to leading a revenue cloud scoping session as the other characteristics.
NEW QUESTION # 54
Which three documents help a revenue cloud consultant better understand the client's Revenue Cloud Project requirements before speakingfor the first time in a scopingsession?
- A. Brochures that provided detail to the products and services the client offers
- B. The clients income statements and balance sheet.
- C. The latest release notes found at help salesforce.com>salesforce CPQ patch notes
- D. A sample proposal the client provides to their customers
- E. An approval matrix documentation that describe the approvals needed before a quote is sent to the customer
Answer: A,D,E
NEW QUESTION # 55
......
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