Salesforce Revenue-Cloud-Consultant-Accredited-Professional Quiz 1 Topic 1 Questions 1-5

Question: 1

A revenue cloud user story for a subscription-based company looking to replace their legacy system states ''as a pricing manager, bulk discounts will include previously purchased quantities for pricing calculations on the quote in order to reward loyal customers. What should be included in the design of this solution?

AContracts, subscriptions and assets should be populated with historical data

Bcustom action to retrieve purchased quantities from an external source

CDiscount schedules with cross orders checked

Duse a summary variable targeting the subscription object with a price rule

ELegacy orders and invoice should be migrated

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Question: 2

A Revenue Cloud Customer has posted a cash payment that was created on Account A by

mistake. What are the steps to apply this to the correct invoice on Account B?

AUnallocate the Payment if allocated, create a refund and then create a new payment for Account B

BUnallocate the payment if allocated and reparent the payment to Account B

CAllocate the Payment to an invoice on Account B.

DSet the payment status to cancelled and create a new payment on Account B.

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Question: 3

Which corrective action should an admin take after noticing an error on a posted invoice?

ACancel and rebill, correct the order, create and post a new invoice.

BChange the status from Posted to draft on the invoice, correct the invoicing error and repost it

CDelete the invoice record, correct the order, create and Post a new invoice

Dcredit the invoice, correct the order, create and post a new invoice

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Question: 4

Universal containers recently migrated legacy contracts and subscriptions into salesforce in order to facilitate amendments and renewals in CPQ. however, sales users are getting the 'attempt to de-reference a null object' error when amending the legacy contract. What is the most likely cause for the error?

Amigrated contracts and subscriptions cannot be amended using salesforce CPQ

BAmendment of legacy contract and subscription data requires asset-based renewal

CMethod required fields are missing or incorrectly populated on the legacy contract and
subscription data

Dlegacy subscription data are missing a lookup to a source quote line record

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Question: 5

Universal Containers is Preparing to go live with salesforce CPQ however sales

management has stated that they would recurring revenue captured on opportunity line

item object to reference within existing pipeline reports. Annual revenue is currentlycaptured in the

field ARR c on the SBQQ QuoteLine__c Object. Which is the most efficient solution?

ACreate ARR c on the opportunity Line item object, and create a price rule to copy the value from ARR c on SBQQ QuoteLine___c on opportunity Product.

BCreate ARR c on the opportunity Line item object, and create a flow to copy the value from ARR c on SBQQ QuoteLine C.

CCreate ARR__c on the opportunity Line item object, Matching the field configuration of ARR c on SBQQ QuoteLine C.

DCreate a cross object formula field on the opportunity line item to reference ARR c data SBQQ QuoteLine C.

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Salesforce Revenue-Cloud-Consultant-Accredited-Professional Quiz:1 Topic:1 Questions:1-5