Salesforce CPQ and Billing Consultant Accredited Professional

QUESTION NO: 1
The billing administrator at Universal Containers noticed that when a new order is activated in Salesforce Billing, a Billing Schedule Group (BSG) and an initial Billing Schedule (BS) are automatically created. Later, when the order is amended to add more product quantity, new BSs are generated, but the original BSG remains active.
What is the correct understanding of how BSGs and BSs work in this scenario?

A. BSs are manually created, while BSGs are optional. B. A BSG groups related BSs under a single order product, even across amendments. C. A BSG is used only for reporting; BSs are unrelated to order activity.

Correct Answer: B

QUESTION NO: 2
What arethree reasons to establish a governance structure as part of your Revenue Cloud project?

A. To get agreement on the roles and responsibilities of the implementation team and customer B. To ensure the implementation team can work independently for most of the project with little to no input from the customer C. To ensure the implementation team is aligned with the customer on assigned work. D. To assign more work for the customer when it comes to designing and building the Revenue Cloud solution E. To establish a communication plan between the implementation team, the customer and the work is coordinated between them

Correct Answer: A,C,E

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QUESTION NO: 3
When activating an order with a contract attached, the Revenue Cloud sates rep notices that the contract does not have the attached assets.
What caused this to happen?

A. The sales rep did not manually create the Asset Contract Relationship object in order for the Contract to be linked to the Assets. B. The Contract does not have the Revenue Lifecycle Management record attached to it, so the system does not automatically create the Asset Contract Relationship records. C. The Asset Contract Relationship toggle is not active in the Setup -> Revenue Settings -> Automatically create Asset Contract Relationship.

Correct Answer: C

QUESTION NO: 4
A user reports they are unable to see the Managed Asset Viewer on Account record pages A Revenue Cloud Consultant investigates and confirms that the Managed Asset Viewer component has not been added to the Account record page How should the consultant ensure that users can view and edit asset data using the Managed Asset Viewer?

A. Verify that the user has the Revenue Lifecycle Management license. Then, enable the Assets-related list on the Account record page to show the Managed Asset Viewer B. In Lightning App Builder, drag the Managed Asset Viewer to the Account record page. Select the checkbox to show the side panel when a user clicks a record link. C. Assign the user a permission set that grants Read access to Account record pages and Read access to Assets. Next, drag it onto the Account page layout.

Correct Answer: B

QUESTION NO: 5
Universal Containers has recently implemented and released CPQ to users in their production environment. After an extensive testing Cycle in a sandboxed environment.
One of the automations implemented was to set everynew quote created as "primary" at the time of creation in order to save clicks. Users immediately began to report errors when trying to create quotes in the production environment for the first time. What could have caused this issue?

A. The User did not have the proper access to the Quote Line object. B. The User did not have the proper access to the Opportunity Product object. C. The User did not have the proper accessto the Quote Object. D. The User did not execute post-installation scripts upon their first login to CPQ.

Correct Answer: D

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QUESTION NO: 6
A user quotes a product and ramps it with three custom ramp segments. The first segment starts on January lf 2025, and lasts for 6 months. The second segment's term is 12 months, and the last segment's term is 6 months.
After the quote is ordered, which Asset and Asset State Period records are generated, and with what dates for this quote line?

A. One Asset record, with three Asset State Periods of the following dates: 1 1st Jan 2025 to 30th Jun 2025 2.1st Jan 2025 to 30th Jun 2026 3.1st Jan 2025 to 31st Dec 2026 B. Three Asset records, with three Asset State Periods on each Asset record with the following dates 1.1st Jan 2025 to 30th Jun 2025 2 1st Jul 2025 to 30th Jun 2026 3.1st Jul 2026 to 31st Dec 2026 C. One Asset record, with three Asset State Periods of the following dates: 1.1st Jan 2025 to 30th Jun 2025 2.1st Jul 2025 to 30th Jun 2026 3.1st Jul 2026 to 31st Dec 2026

Correct Answer: C

QUESTION NO: 7
What fields are required on the usage record to load and rate the usage?

A. start date time,end date time,matching attribute,unit ofmeasure,quantity,usage summarylookup B. start date time,end date time,matching ID,matching Attribute,Unit of measure,quantity C. Account,order,order product,usage summary start date time,end date time,quantity D. start date time,order product ID,unit of measure,quantity,usage summary lookup,account

Correct Answer: B

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QUESTION NO: 8
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. stepsto replace issue B. description of new requirements that will help fix the issue C. expected resolution date D. Expected results E. quote number ordernumber or invoice number

Correct Answer: A,D,E

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QUESTION NO: 9
What does the 'safe harbor' slide at the beginning of every salesforce presentationmeans?

A. roadmap capability will be released exactly as they are demonstrated B. You and or your customer aremaking scoping,design,planning,purchasing makingdecisions based on current and available capabilities C. anything presented from salesforce must be kept confidentialmergers and acquisitions integrations are immediate D. new release capabilities will not have impact to existing implementations

Correct Answer: B

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QUESTION NO: 10
A Revenue Cloud Project has a requirement where a Product can be either taxable or taxexempt depending on a custom field that holds the industry. what is the appropriatesolution to address this Requirement?

A. Use Automation to set TaxTreatment Based on the value of the custom field. B. Use Automation to set Revenue Recognition Rule Based on the value of the customField. C. Use Automation to set Billing Rule Based on the value of the custom field. D. Use Automation to set Tax Rule Based on the value of the custom field.

Correct Answer: D

QUESTION NO: 11
In Salesforce Revenue Cloud, a consultant is setting up a new user who will primarily be responsible for managing customer assets.
What is a fundamental requirement to ensure this user can effectively view and manage customer assets?

A. The products must be configured as assetizable, and the createOrUpdateAssetFromOrder flow action should be triggered. B. The user must have the Customize Application permission enabled on their profile to view the Assets on Accounts. C. The Asset viewer must have a Salesforce CPQ Plus license assigned to access the Asset-related objects.

Correct Answer: A

QUESTION NO: 12
What are three reasons why you would need an AppExchange Solution tosupportgenerating a Document in support of a Revenue Cloud Project?

A. Contract Redlining B. Attachments C. Watermarks D. Invoice Generation E. Electronic Signature

Correct Answer: A,D,E

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QUESTION NO: 13
How does Hold Billingwork?

A. It suspends invoicing for that order product until the fieldis set to "no", Invoices lineswill be created only for invoices after hold billing was set to "yes". B. It Prevents invoice document generation and stops email notificationsfrom going outto the customer. C. The Hold Billing field is set to "yes" until the order is activated. Upon order activationthe field will be automatically set to "no". D. It suspends invoicing for that order product until the field is set to "no", Invoices lineswill be created to account for the time when hold billing was set to "yes"

Correct Answer: D

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Salesforce CPQ and Billing Consultant Accredited Professional - AP-223 Exam Questions