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Salesforce Revenue Cloud Consultant Accredited Professional Sample Questions (Q16-Q21):

NEW QUESTION # 16
Universal containers has setup a partner type custom field on the CPQ quote object inorder to ensure partners receive discounts.setting the partner type on the quote shouldcause a recalculation because the field is an input to theproduct prices.how can partnertype queue a new calculation for the quote?

A. Refresh post install scripts
B. Add the partner type field to the calculating fields field set
C. Setup a quote calculator plugin to ensure the custom field triggers calculation
D. Include the field in a custom metadata setting

Answer: B

Explanation:
In Salesforce CPQ, if a custom field is an input to product prices and you want a change in this field to trigger a recalculation, you should add this field to the calculating fields field set. This is because Salesforce CPQ's Advanced Quote Calculator determines quote and quote line prices in response to user or automated actions1.
Therefore, adding the 'partner type' field to the calculating fields field set will ensure that setting the partner type on the quote triggers a new calculation. References
* The CPQ Quote Calculation Sequence - Salesforce

NEW QUESTION # 17
A Revenue Cloud user story for aSubscription-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 inthe design of this solution?. (Choose 2 options)

A. Custom Action to retrieve Purchased quantities from an external source
B. Contracts,Subscriptions and Assets should be populated with historical data.
C. Legacy Orders and invoices should be migrated
D. Discount schedules with Cross Orders checked.
E. Use a summary variable targeting the subscriptionobject with a Price Rule.

Answer: B,D

Explanation:
To implement the user story of rewarding loyal customers with bulk discounts based on previously purchased quantities, the design of the solution should include the following components:
Contracts, Subscriptions and Assets should be populated with historical data. This is necessary to track the customer's purchase history and determine the appropriate discount tier for each product or service. Contracts, Subscriptions and Assets are the core objects of Revenue Cloud that store the information about the customer' s agreements, recurring charges, and entitlements. By migrating the historical data from the legacy system to these objects, the customer can leverage the Revenue Cloud features such as renewal management, usage- based pricing, and revenue recognition. 123 Discount schedules with Cross Orders checked. This is the feature that enables the bulk discounts based on previously purchased quantities. A discount schedule is a set of discount tiers that apply to a product or a product option based on the quantity or amount ordered. By checking the Cross Orders option, the discount schedule will consider the quantities from all the orders associated with the same account, contract, or subscription. This way, the customer can reward their loyal customers with lower prices for higher volumes. 45 References:
1: Revenue Management Platform & CPQ Solution - Salesforce.com US
2: Salesforce Introduces Revenue Cloud to Help Businesses Accelerate Revenue Growth Across Any Channel
- Salesforce
3: Give Discounts for Long SubscriptionsUnit | Salesforce Trailhead
4: Discount Schedules - Salesforce
5: Salesforce Revenue Cloud Trailmix - Trailhead

NEW QUESTION # 18
What are three risks when using too many cross object formula fields in aRevenue Cloud Project?

A. They can easily exceed limits if not carefully designed and tested
B. They are computationally Expensive.
C. Formula field data is not always availableduring CPQ quote calculation
D. Formula fields have unlimited access to object manyrelationships away which makesit vulnerable to data changes.
E. Formula Fields are editable, after the calculation completes the sales user or processautomation can overwrite its value

Answer: A,B,C

Explanation:
Cross object formula fields are fields that reference data from related objects using lookup or master-detail relationships. They can be useful to display information from parent or child objects without creating custom code or workflows. However, using too many cross object formula fields in a Revenue Cloud project can pose some risks, such as:
Formula field data is not always available during CPQ quote calculation. This means that the formula fields may not reflect the latest values from the related objects when the quote is being generated or updated. This can cause inaccuratepricing, discounts, or taxes. To avoid this, it is recommended to use CPQ fields or custom fields instead of cross object formula fields for quote calculation. 12 They are computationally expensive. This means that the formula fields require more processing power and time to evaluate and display thedata from the related objects. This can affect the performance and responsiveness of the application, especially if there are multiple formula fields on the same object or page layout. To avoid this, it is recommended to limit the number and complexity ofcross object formula fields, and use filters or conditions to reduce the number of records that need to be evaluated. 34 They can easily exceed limits if not carefully designed and tested. This means that the formula fields can cause errors or warnings if they exceed the maximum length, number, or level of relationships allowed by Salesforce. For example, a formula field can only reference up to 10 unique relationships and span up to five levels of relationships. If these limits are exceeded, the formula field will not save or display correctly. To avoid this, it is recommended to review the formula field limits and best practices, and test the formula fields in different scenarios and environments.
References:
1: Lookup Price Rule query considerations with Salesforce CPQ [7]
2: Salesforce CPQ Quote Calculation Stages [8]
3: What Is a Cross-Object Formula? - Salesforce [9]
4: Tips for Reducing FormulaSize and Complexity - Salesforce [10]
5: Formula Field Limits - Salesforce [11]

NEW QUESTION # 19
A business user wants to use the advanced capabilities of Revenue Cloud to gain a comprehensive view of the company's financial health, from initial quote to final cash collection They need to track sales performance, forecast future revenue, and monitor customer trends.
Which Revenue Cloud reporting feature should the business user use to achieve this?

A. Pricing Operations Console
B. Revenue Management Intelligence
C. Revenue Lifecycle Management

Answer: B

NEW QUESTION # 20
During user acceptance testing (UAT) a tester submitsan incident because the invoicetotal did not match the expected results. Which 3 types of information should be includedin the description of the incident and a quick resolution?

A. description of new requirements that will help fix the issue
B. steps to replace issue
C. expected resolution date
D. Expected results
E. quote number ordernumber or invoice number

Answer: B,D,E

Explanation:
During User Acceptance Testing (UAT), when an incident is submitted due to a discrepancy in the invoice total, the following information should be included in the description of the incident for a quick resolution:
BQuote number, order number, or invoice number: This information is crucial as it helps identify the specific transaction that has caused the issue1.
D) Steps to reproduce the issue: Providing a clear and detailed step-by-step process to reproduce the issue is essential. This allows the team to understand the exact scenario under which the issue occurs, making it easier to diagnose and resolve1.
E) Expected results: Clearly stating what the expected results should be provides a benchmark against which the actual results can be compared. This helps in understanding the deviation and the impact of the issue1.
Reference
Learn About User Acceptance Testing Unit | Salesforce Trailhead
User Acceptance Testing Strategies for Large Data Volume Scenarios | Salesforce Education Resolve an Incident - Salesforce Steps to Implement Incident Management in Your Salesforce Org

NEW QUESTION # 21
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Salesforce Revenue Cloud Consultant Accredited Professional Sample Questions (Q16-Q21):

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