Configure and Administer a Salesforce CPQ Solution (CPQ-301) Free Practice Test

Question 1

While making changes in the Quote Line Editor, sales reps have mentioned that clicking the Calculate button after each set of changes is too many clicks. Management has asked the admin to streamline the Quote Line Editor so calculations occur automatically after each change is made.
Which Managed Package setting should the admin enable to meet this requirement?

A. Calculate Immediately

B. Enable Quick Calculate

C. Use Legacy Calculator

Correct Answer: A

Question 2

The admin decides to use a Price Rule to set a default 10% discount on Product A if a client has already purchased this item. Product A is an Asset product.
The admin has already created Price Conditions to target Quote Lines for Product A and the appropriate Actions to apply the 10% discount.
Which Summary Variable and Price Condition are needed to apply this Price Rule to Quote Lines for Product A. the item the customer purchased previously'

A. Create a Summary Variable summing the Quantity field on Asset records for Product A and create aPrice Condition verifying that the Summary Variable is greater than the value 0.

B. Create a Summary Variable summing the Quantity field of Product A from Quote Lines and create a Price Condition verifying that the Summary Variable is greater than the value 1.

C. Create a Summary Variable counting the Asset records for Product A and create a Price Condition with the Tested Field value set to Quantity and the Tested Object value set to Asset is greater than the value 0.

D. Create a Summary Variable counting the Asset records for Product A and create a Price Condition verifying that the Quantity field on the Quote Line is greater than the Summary Variable.

Correct Answer: A

Question 3

An admin wants to set up a bundle product so a user can view all available options and selected options by scrolling in a single page. Which updates should the admin make to meet this requirement?

A. Create Features related to the parent Product and assign each Feature the Option Selection Method of Dynamic.

B. Update Option Layout on the parent Product record to Wizard.

C. Update Option Layout on the parent Product record to Sections.

D. Create Features related to the parent Product and assign all Options to one of the created Features.

Correct Answer: C

Question 4

The Admin at Universal Containers wants to add Maintenance and Support products to the parent bundle. Maintenance and Support products should display in separate sections during configuration, with the Support products displaying above the Maintenance products. How should the Admin set up the Product to meet both requirements?

A. Create two Product Features, Maintenance and Support. The Support feature should have a lower value in the "Number" filed.

B. Create two Product Options, Maintenance and Support. The Support option should have a lower value in the "Number" field.

C. Create two Product Features, Maintenance and Support. Maintenance will always display first, due to alphabetical ordering.

D. Create two Production Options Maintenance and Support. Maintenance will always display first, due to alphabetical ordering.

Correct Answer: A

Question 5

An admin created a workflow rule to automatically generate the renewal Opportunity and Quote when a user activities the Contract. The Renewal Pricing Method is set to List. The original Quote contains only standalone fixed-price subscription products and non-subscription product.
What should the user see on the renewal Quote?

A. Optional products from the original Quote will pull into the renewal.

B. The renewal Quote start date will be the Contract end date plus one day.

C. All Quote Line items will be pulled through from the original Quote.

D. Additional discounts from the original Quote will automatically populate on the renewal.

Correct Answer: D

Question 6

Universal Containers (UC) has asked their admin to add a new product selection rule to thelr flagship bundle. In their flagship bundle, there is a nested bundle "Warranty" that contains three warranty options: Gold, Platinum, and Diamond. By default, there is no warranty option selected. If a user has not set a warranty option and selects the product option "Premium Container" in the flagship bundle, the Diamond warranty option should automatically be selected in the child bundle.
How should the UC admin set the configuration rule?

A. Set the configuration rule Child Bundle Condition Level to None, set the Child Bundle Action Level to None.

B. Set the configuration rule Child Bundle Condition Level to 1, set the Child Bundle Action Level to None.

C. Set the configuration rule Child Bundle Condition Level to 1, set the Child Bundle Action Level to 1.

D. Set the configuration rule Child Bundle Condition Level to None, set the Child Bundle Action Level to 2,

Correct Answer: B

Question 7

Universal Containers (UC) maintains a large Product catalog with more than 500 Products. Ten Products from various Product Famines are frequently requested and purchased by UC's customers and must be easy to find for users.
Mow should the admin meet the requirement?

A. Create a Global Action to clone a pre-made Quote containing the ten Products, and then refresh prices.

B. Set the Sort Order for each of the ten Product records to a numeric value that is greater than any other Product.

C. Create a Custom Action with Search Filters that targets the Product Selection page to show only the ten Products.

D. Create a Custom Action that targets the Product Configuration page for a bundle that contains the ten Products.

Correct Answer: C

Question 8

A user created a Quote containing two Products. The Subscription Pricing field on Product A is blank. Product B has Subscription Pricing set to Percent of Total and both Products share the same Percent of Total Category. When the Contract is renewed, both Products are shown in the renewal Quote, but Product A has a Net Total of zero.
Why does Product A have a Net Total of zero?

A. Product A is an Asset that the customer already owns.

B. Include Net-New Products in Maintenance must flagged in CPQ Package settings.

C. Renewal Model was set to Asset Based at the Account Level.

D. The Asset Conversion behavior on the Product must be set to Allow Renewals.

Correct Answer: C

Question 9

Universal Containers wants to notify its users when approval is required to discourage users from discounting while in the Quote Line Editor.
Which type of Product Rule should be used to meet this requirement?

A. Validation

B. Filter

C. Alert

D. Selection

Correct Answer: C

Question 10

Universal Conditions wants its users to be able to apply Additional Discounts in the Line Editor at both the Quote and Group level.
Which two steps should the Admin take to fulfil this requirement? Choose 2 answers

A. Add Additional Disc. to the Segmented Line Editor Field Set on the Quote Line object.

B. Add Additional Disc. (%) to the Line Editor Field Set on the Quote object.

C. Add Additional Disc. to the Line Editor Field set on the Quote Line object.

D. Add Additional Disc. (%) to the Line Editor Field Set on the Quote Line Group object.

Correct Answer: B,D

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Salesforce Configure and Administer a Salesforce CPQ Solution (CPQ-301) Free Practice Test