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CPQ-201 PDF DEMO:

QUESTION NO: 1
Universal Containers sells a subscription Product Y that is sometimes sold in yearly segments and sometimes sold in quarterly segments. How should the Admin configure price dimensions for
Product Y to allow the User to determine segment length?
A. Create one price dimension with Type set to Custom.
B. Create one price dimension with Type set to Yearly and Allow Override set to True.
C. Add the "Segment Type" field to the Segment Line Editor field set on the Quote Line object.
D. Create two price dimensions, one with Type set to Yearly, the other with Type set to Quarterly.
Answer: A

QUESTION NO: 2
Universal Containers sells a subscription Product Z that is sold in yearly segments, but would like to prevent the User from discounting the first segment.
How should the CPQ Admin ensure the User will not be able to discount the first segment? Choose one answer
A. Write a Price Rule to run when Product Code = Product Z and Segment Index = 1, with a Price
Action setting Non Discountable to True.
B. Create two Price Dimensions, then set Non Discountable to False on the first Price Dimension.
C. Set First Segment Term Editable to Only Custom Segments in the yearly Price Dimension record.
D. Write a Price Rule to inject 0 into Additional Discount when Product Code = Product Z and Initial
Segment = True.
Answer: A

QUESTION NO: 3
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 object's Option Configuration Field Set and add the Unit Price field.
B. Go to the Product Option record and check if the Default Pricing Table field is set to Standard.
C. Go to the Product Option record and check if the Price Editable field is False.
D. Go to the Product Option object's Unit Price field and add visibility to its Field-level security.
Answer: D

QUESTION NO: 4
In what way does Smart Approvals expedite the approval process?
A. Approving a quote will auto-approve any lesser-discount quotes related to the same opportunity.
B. Quotes within defined thresholds will be automatically approved.
C. Quotes with multiple steps in the approval chain go directly to the highest approver required.
D. Rejected quotes that are resubmitted within previously approved values go directly to the person who rejected.
Answer: A

QUESTION NO: 5
What is the correct order of data import to load Quote Template in CPQ?
A. Quote Content, Quote Name, Quote Section, Quote Line Columns, Template Terms, Term
Conditions
B. Quote Name, Quote Section, Quote Line Columns, Quote Content, Template Terms, Term
Conditions
C. Template Content, Quote Templates, Template Sections, Line Columns, Quote Terms, Term
Conditions
D. Quote Template, Template Sections, Line Columns, Template Content, Quote Terms, Term
Conditions
Answer: D

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Updated: May 28, 2022

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