CPQ-301 Exam Training Practice Tests (Salesforce Configure and Administer a Salesforce CPQ Solution)]

Question 1

An admin has created a bundle with four Product Options for Products A, B, C, and D.
When configuring the bundle, the user should not be allowed to select both Product C and Product D at the time.
How should the admin set up Bundle A to accomplish this?

A. Create an Option Constraint and set Type = Dependency B. Create a Product Feature and set both Min Options and Max Options to 4. C. Create an Option Constraint and set Type = Exclusion. D. Create a Product Feature and set both Min Options and Max Options to 1.

Correct Answer: C

Question 2

Northern Trail Outfitters has two different user profiles that need to see different Quote Line fields in the Quote Line Editor.
How should the admin configure CPQ so users automatically see the desired fields in the Quote Line Editor?

A. Create two field sets on the Quote object representing each profile, and create a text formula field with the API name HeaderFieldSetName on the Quote object that returns the appropriate field set name based on the user's profile. B. Create two field sets on the Quote Line object representing each profile, and create a test formula field sets with the API named EditLinesFieldSetname on the Quote object that returns the appropriate field set name based on the user's profile. C. Create two field sets on the Quote object representing each profile, and create a text formula field name EditLinesFietdSetName on the Quote object that returns the appropriate field set the user's profile. D. Create two field sets on the Quote Line object representing each profile, and create a test formula field sets with the API named EditLinesFieldSetname on the Quote object that returns the appropriate field set name based on the user's profile.

Correct Answer: B

Question 3

A user needs to amend a contract and change prices to reflect new discounts for existing active subscriptions and assets.
How should the user achieve this?

A. Clone the Quote Lines which need to be updated. Modify the desired discounts on the cloned Quote Lines. Update the original Quote Lines to a Quantity of zero. B. Change the status of the contract to Draft. Make price changes on the original quote used to generate the contract and check Contracted on the Opportunity again. C. Change the values for Net Price on the subscription or Price field on the asset. Amend the contract and use Refresh Prices. D. Create a Price Book with Price Book Entries to reflect the new prices. Populate the Contract Amendment Price Book ID field with the new Price

Correct Answer: C

Question 4

Universal Containers (UC) licenses shipping software that is sold for a fixed price based on each quantity tier as seen in the table below. For example, buying eight licenses would cost a total of $1,800 rather than multiplying unit price by quantity. Further discounts on this product are unavailable.
Licenses | Price
1-5 | $1,000
6-10 | $1,800
11-20 | $3,000
21-50 | $5,000
50+ | $8,000
Which three steps should the admin take to set up this pricing? (Choose 3 answers)

A. Set Pricing Method to Block on the Product record. B. Set Non Discountable to True on the Product record. C. Set Pricing Method to Fixed Price on the Product record. D. Create a Slab Discount Schedule for the Product for each quantity tier with a different discount for each tier. E. Create Block Pricing records on the Product for each quantity tier with a different price for each tier.

Correct Answer: A,B,E

Question 5

An Admin at Universal Containers has hidden the prices of Products on the Configure Products page.
How should the Admin make the prices visible again?

A. Go to the Product Option record and check if the Default Pricing Table field is set to Standard. B. Go to the Product Option object's Unit Price field and add visibility to its Field-level security. C. Go to the Product Option record and check if the Price Editable field is False. D. Go to the Product Option object's Option Configuration Field Set and add the Unit Price field.

Correct Answer: B

Question 6

Universal Containers sells a monthly subscription service with tiered pricing:

Which approach will allow the Quote Line's List Price to reflect these tiers?

A. Create a Discount Schedule with Type = Range and Discount Unit = Price. B. Create a Discount Schedule with Type = Slab and Discount Unit = Amount. C. Set the Product's Pricing Method = List and Create Block Prices. D. Set the Product's Pricing Method = Block and Create Block Prices

Correct Answer: B

Question 7

Universal Containers (UC) sells its Support SKU both as a stand-alone product and a product option within a bundle. When sold as a stand-alone product, the expected List Unit Price is $1,000. When sold as part of a bundle, UC wants to reduce the List Unit Price to $800.
What should the admin do to meet the requirement?

A. Enter 800 into the SBQQ_UnitPrice__c field on the product option to define a bundle specific price for the Support SKU. B. Enter 20 into the SBQQ_Discount__c field on the product option to reduce the price from $1,000 to $800. C. Create a price rule to insert 800 into the SBQQ_ListPrice__c field on the quote line when the SBQQ_RequiredBy__c field is blank. D. Create a product rule to insert 800 into the SBQQ_ListPrice__c field on the quote line when the SBQQ_RequiredBy__c field is blank.

Correct Answer: A

Question 8

An admin created a dynamic bundle and needs a Product Rule to limit which products users see when configuring the bundle.
Which type of Product Action should the Admin create to ensure that only a specific set of products may be selected for the dynamic bundle?

A. Optional filter B. Enable C. Default filter D. Show

Correct Answer: B

Question 9

The Admin at Universal Containers recently created a new custom field referenced on the Target Field on a Price Action in a Price Rule. While testing the Price Rule, the Admin noticed that the Price Action failed to populate the custom field. The Admin checked the CPQ Package Setting and noticed that the Triggers Disabled checkbox was checked. After unchecking Triggers Disabled, the custom field still failed to populate.
How can the Admin ensure this custom field can be referenced by the calculator?

A. Revoke the Advanced Calculator and re-authorize the Calculation Service. B. Re-execute the Post Install Script in Package settings to ensure the Calculator Referenced Fields are up-to-date. C. Rename the custom field label, then recreate the Price Action to reference the new field label. D. The Admin must reference a standard CPQ field because custom fields are unsupported with Price Rules.

Correct Answer: B

Question 10

At Universal Containers, each storage container is configured as a bundle. An important property of the bundle is cubic volume. The volume selected at the bundle level must match the volume of every Product Option.
Which two actions must the Admin take to allow a sales rep to choose a volume that will apply to all Product Options? Choose 2 answers

A. Create a bundle level Configuration Attribute. B. Set up a Lookup Price Rule referencing a custom object. C. Set the Configuration Attribute with Apply to Product Options to True. D. Create a Feature level Configuration Attribute.

Correct Answer: A,C

Question 11

Universal Containers (UC) has products that will only be utilized as Product Options inside five different bundle products. When a user adds products to the Quote Line Editor, UC wants:
Bundle products to show in the Product Selection page.
Products that are Product Options of the bundles to be excluded from the Product Selection page.
How should the admin set up the bundle?

A. Select the bundle on each Product option and mark the Product inactive B. Select the Component checkbox on any Product that is a Product Option for the bundles. C. Select the Hidden for any Product that is a Product Option for the bundles. D. Select the Selectbox on each product option and mark the Product inactive.

Correct Answer: B

Question 12

Universal Containers has a bundle with many Features. In one of these Features, Feature A, all Product Options share the same Discount Schedule.
How should the Admin set up a Discount Schedule so the quantities of all Product Options in Feature A are aggregated when determining the Discount Tier?

A. Set the Discount Schedule on Product Feature A and mark the Cross Products checkbox as True on the Discount schedule. B. Set the Discount Schedule on Product Feature A and mark the Cross Orders checkbox as True on the Discount schedule. C. Set the Discount Schedule on the Product Options records and mark the Cross Orders checkbox as True on the Discount Schedule. D. Set the Discount Schedule on the Product Options records and mark the Cross Products checkbox as False on the Discount Schedule.

Correct Answer: B

Salesforce Configure and Administer a Salesforce CPQ Solution - CPQ-301 Exam Practice Test