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| Section | Objectives |
|---|---|
| CPQ Configuration | - Pricing rules and discounting mechanisms - Product catalog setup and configuration |
| Amendments and Renewals | - Contract amendments and upgrades - Renewal management processes |
| Integration and Data Management | - CPQ and Billing integration with Salesforce ecosystem - Data flows and system synchronization |
| Product and Pricing Setup | - Price books and pricing methods - Product bundling and options |
| Billing and Invoicing | - Usage-based and subscription billing models - Billing schedules and invoice generation |
| Quote and Order Management | - Order creation and lifecycle management - Quote generation and approval workflows |
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NEW QUESTION # 45
What does RASIC stand for?
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 theperson, 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 helpthe 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 adviceor guidance but do not actively work on the task. These are often subject matter experts who offer guidance or one-time technical reviews1.
Reference
Defining Roles and Responsibilities on a Project (RASIC) - NexightGroup
NEW QUESTION # 46
A Revenue Cloud user story states: "Sales users should have the ability to create new quotes with established rate cards and account specific discounts because current customers are entitled to the pricing that was originally negotiated". In addition to loading data to Accounts, Contracts, Quotes what other objects will need to absorb legacy data?
Answer: C
Explanation:
For the user story concerning sales users' ability to create new quotes with established rate cards and account-specific discounts, the Salesforce objects that need to absorb legacy datainclude:
B . Contracted Pricing: This object is crucial for managing special pricing agreements that have been negotiated with specific customers. It ensures that the pricing on new quotes reflects the discounts and rates that were originally negotiated under specific contracts.
D . Entitlements: The Entitlements object manages the customer's entitlements to support services or warranty conditions, which can be tied to the pricing or conditions stated in their original contracts.
These objects ensure that thecontractual terms and special conditions are respected in new transactions, maintaining consistency and honoring legacy agreements with customers.
NEW QUESTION # 47
A sales rep creates a quote with a subscription product called 'Monitoring' with a quantity of 25 and a term of 36 months, followed by Order creation, activation, and assetization. 'Monitoring' has associated Product Ramp Segments with Segment Type as Yearly.
How many records will be present for Monitoring for each Asset Action and Asset State Period?
Answer: B
NEW QUESTION # 48
A revenue cloud consultant determines that price rules will not address additionalcalculation steps to accurately set the quote line list price needed for a project. What isthe next functionality that should be investigated that will address the requirements?
Answer: B
Explanation:
In Salesforce Revenue Cloud, if price rules are not sufficient to accurately set the quote line list price for a project, the next functionality to consider would be a Quote Calculator Plugin (QCP)1. A QCP is a JavaScript snippet that you can use to perform complex calculations and manipulations on quote lines1. It provides a way to customize the calculation sequence that happens when a quote is calculated1. This can be particularly useful when there are additional calculation steps needed that are not addressed by standard price rules1. Reference Salesforce Exam Revenue-Cloud-Consultant-Accredited-Professional Questions and Answers - Update Feb 2024
NEW QUESTION # 49
CPQ admin wants to improve the performance of Salesforce CPQ so that sales reps can quickly generate and send quotes. Which three steps can an admin take to improve the performance of CPQ?
Answer: A,B,C
NEW QUESTION # 50
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