April, 2024 CPQ-Specialist Practice Questions

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Sample Question 1

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 parent contracted price. 
B. Create a new contracted price for Product A on the business unit account with a price of $300. 
C. Create a new contracted price record for Product A on the business unit account and set its Ignore Parent Contracted prices to true. 
D. Set Ignore Parent Contracted Prices to true on the business unit account record. 

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Sample Question 2

Universal Containers wants to update the Quantity of a Product in the Line Editor with a Price Rule. The rule should apply only for this one specific Product. What should the Admin do to ensure that the Price Rule only changes Quote Lines referencing this Product? 

A. Create a Price Condition against a Quote Line field that contains a value that is unique to the product selected. 
B. Create an Error Condition against a Quote Line field that contains a value that is unique to the product selected. 
C. Fill in the Product field on the Price Rule with the Product. 
D. Fill in the Lookup Object field on the Price Rule with the Product. 

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Sample Question 3

Universal Containers wants to have quantity requirements for certain Product options in a bundle. The Product Option’s quantity must be multiplied by the quantity of the bundle product. How should the Admin set this up in the bundle to meet the requirement? 

A. Select the Multiplier checkbox on the Bundle. 
B. Select the Bundled checkbox on the Product Option. 
C. Select Component as the Type field on the Product Option. 
D. Select the Quantity Editable checkbox on the Product Option. 

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