CPQ-201 Collection Sheet & New CPQ-201 Associate Level Exam - Test CPQ-201 Question - Omgzlook

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CPQ-201 PDF DEMO:

QUESTION NO: 1
A Lookup Query may return a value to only be used within a CPQ managed field.
A. False
B. True
Answer: A

QUESTION NO: 2
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: 3
Universal Containers offers the same Products in different regions of the country. Each sales rep is assigned to a single region numbered 1 through 10.
Each region has some Products which are region-specific and unavailable to users from other regions.
Managers can add Products to a sales rep's Quotes that are inaccessible to other sales reps.
Which two steps should the Admin take to meet the business requirement? Choose 2 answers
A. Use Product rules to hide Products from some sales reps.
B. Add a Search Filter to the add Products Custom Action to filter Products based on the current user.
C. Create a Price Book per region for sales reps. Share the regional Price Book with appropriate sales reps.
D. Create a single Price Book with all Products. Share the Price Book with all users.
Answer: A

QUESTION NO: 4
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: 5
User A at Universal Containers has an active quote with Company A.
Before the quote is finalized, however, Universal Containers enters into an agreement with Company
A to always provide a 20% discount on one of the products that User A is quoting. An Admin has correctly configured the contracted price. When User A recalculates, however, the contracted price is not applied. What explains this behavior?
A. The User must press Refresh Prices to see the effect.
B. The User must set Allow Contracted Prices on their quote.
C. The contracted price is only applied when adding a product.
D. The quote line for this product has Non Discountable checked.
Answer: C

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Updated: May 28, 2022