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CPQ-201 PDF DEMO:

QUESTION NO: 1
Universal Containers (UC) has set the CPQ package settings of both Subscription Term Unit and Subscription Prorate Precision to Month. UC wants to quote a Fixed Price Subscription Product with a start Date of June
18, 2019 and an End Date of August 21, 2020.
The Product record has a Subscription Term of 12, a Pricing Method of List, and a Pricebook Entry of
USD 100 What is the Prorated List Unit Price for the Quote Line?
A. USD 118.31
B. USD 100.00
C. USD 116.67
D. USD 125.00
Answer: C

QUESTION NO: 2
Universal Containers (UC) sells a product that Percent of Total to determine its price. UC wants to ensure that this product is always priced at a minimum of $100, even if the calculated amount falls under $100.
Which two steps should the Admin take to meet this requirement? Choose 2 answers
A. Set the Price Book Entry custom field Percent_of _Total_Target_c to $100.
B. Set the product's Percent of Total Constraint field to List price is minimum.
C. Create a Price Book Entry of $100 for the product
D. Create a Price Book Entry of $0 for the product.
Answer: B,D

QUESTION NO: 3
A Lookup Query may return a value to only be used within a CPQ managed field.
A. False
B. True
Answer: A

QUESTION NO: 4
Universal Containers uses Contracted Pricing to set pricing for specific distributors and those distributors' business units (child accounts). Product A has a product family of Storage and a list price of $300. The parent account has a Contracted Price set to $200 and a filter based on the product family of Storage. Which two ways can the Admin set Product A back to list price on a business unit account?
A. Set Ignore Parent Contracted Prices to true on the business unit account record.
B. Create a new contracted price record for Product A on the business unit account and set its Ignore
Parent Contracted prices to true.
C. Set Ignore Parent Contracted Prices to true on the parent contracted price.
D. Create a new contracted price for Product A on the business unit account with a price of $300.
Answer: A,D

QUESTION NO: 5
The Edit Lines Field Set Name special field on the Quote object references a Field Set that directly controls which characteristic of the Quote Line Editor?
A. The fields that appear in the Quote Line Drawer.
B. The Quote Line fields that are visible.
C. The fields that trigger a calculation event to occur.
D. The Quote fields that may be edited.
Answer: A

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Updated: May 28, 2022

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