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A Revenue Cloud User story states '' Sales Users shouldhave the ability to create newquotes with established rate cards and account specific discounts because currentcustomers are entitled to the pricing that was originally negotiated''.In addition to loadingdata to Accounts,contracts,Quotes what other object will need toabsorb legacy data?
Which Revenue Cloud Feature can` be customized to provide an aggregated view of thecurrent goods and services on a contract?
Some of the users at universal containers have faced long processing times during quote document generation. What can be done to reduce the processing times for document generation?
Universal Containers is beginning the process of SKU rationalization as part of their Revenue Cloud project. They have been advised that rationalizing their product catalog will reduce complexity and increase flexibility. Which three areas can they look to consolidate products?
What are three reasons why you would need an AppExchange Solution tosupportgenerating a Document in support of a Revenue Cloud Project?
Universal Containers has three product families - Hardware, Software and Services. Their Sales Reps want to be able to view the net totals of various product families at the quote level. In order to support this, the CPQ admin has created three price rules that use summary variables to add the net total for quote lines that belong to a particular product family and intend to populate the sums to custom fields on the quote record. From a performance standpoint, which of the following is true?
A Company that sells hardware and software has a project Requirement to migrate legacyInstall base into salesforce CPQ along with the contract. Which objects will need to be populated for this effort?
A Revenue Cloud user story states: 'Sales users should have the ability to create new quotes with established rate cards and account specific discounts because current customers are entitled to the pricing that was originally negotiated'. In addition to loading data to Accounts, Contracts, Quotes what other objects will need to absorb legacy data?
A Revenue Cloud customer has posted an invoice and now wants to add on more items from another order associated to that account. Without using invoice batches, how can this be accomplished?
An invoice run with a target date of 6/1/20 has completed with no errors.an orderproductwith a next billing date of 6/1/20 did not generate an invoice line.which of the following ields might hold a value that would account for this?

Question 45 - Certified Revenue Cloud Consultant Accredited Professional discussion

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Which is the correct sequence of evaluation events for a price rule,quote calculator plugin (QCP) and CPQ package pricing engine?

A.
internal initialization calculate formulas calculate quantities on Initialization Before Calculate On Calculate Price Waterfall Calculation After Calculate
Answers
A.
internal initialization calculate formulas calculate quantities on Initialization Before Calculate On Calculate Price Waterfall Calculation After Calculate
B.
internal initialization calculate formulas calculate quantities Price WaterfallCalculation on Initialization Before Calculate On Calculate After Calculate
Answers
B.
internal initialization calculate formulas calculate quantities Price WaterfallCalculation on Initialization Before Calculate On Calculate After Calculate
C.
internal initialization on Initialization Before Calculate calculate quantities OnCalculatePrice Waterfall Calculation After Calculatecalculate formulas
Answers
C.
internal initialization on Initialization Before Calculate calculate quantities OnCalculatePrice Waterfall Calculation After Calculatecalculate formulas
D.
internal initialization on Initializationcalculate formulas Before Calculatecalculatequantities On CalculatePrice Waterfall Calculation After Calculate
Answers
D.
internal initialization on Initializationcalculate formulas Before Calculatecalculatequantities On CalculatePrice Waterfall Calculation After Calculate
Suggested answer: D

Explanation:

The correct sequence of evaluation events for a price rule, quote calculator plugin (QCP), and CPQ package pricing engine is as follows:

Internal Initialization:This is the first step where the system prepares for the calculation process.

On Initialization:At this stage, any price rules that are set to trigger 'On Initialization' are run.

Calculate Formulas:The system evaluates formula fields.

Before Calculate:Any price rules that are set to trigger 'Before Calculate' are run.

Calculate Quantities:The system calculates quantities, for example, bundle components.

On Calculate:Any price rules that are set to trigger 'On Calculate' are run.

Price Waterfall Calculation:The system calculates out-of-the-box pricing tools such as block pricing, discount schedules, etc.

After Calculate:Any price rules that are set to trigger 'After Calculate' are run1.

This sequence ensures that all calculations and price rules are applied in the correct order, providing accurate pricing information1.Reference:

https://help.salesforce.com/s/articleView?id=sf.cpq_price_rule_considerations.htm&language=en_US&type=5

https://help.salesforce.com/s/articleView?id=000388745&language=en_US&type=1

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asked 23/09/2024
Jasper John Cecilio
30 questions
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