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Universal Containers (UC) sells Product A for a List Unit Price of S150. One of UCs customers, Cloud Kicks (CK), has negotiated a Contracted Price of S100 for Product A on all of its deals, and has negotiated an additional 10% discretionary discount to be applied for a deal set to close at the end of the month.

If CK purchases 10 units of Product A, what Is the expected List Unit Price, Regular Unit Price, Customer Unit Price, and Net Unit Price?

A.
* List Unit Price: $100 * Regular Unit Price: $100 * Customer Unit Price: S90 * Net Unit Price: $90
A.
* List Unit Price: $100 * Regular Unit Price: $100 * Customer Unit Price: S90 * Net Unit Price: $90
Answers
B.
* List Unit Price: S1S0 * Regular Unit Price: $150 * Customer Unit Price: $100 * Net Unit Price: $90
B.
* List Unit Price: S1S0 * Regular Unit Price: $150 * Customer Unit Price: $100 * Net Unit Price: $90
Answers
C.
* List Unit Price: $150 * Regular Unit Price: $150 * Customer Unit Price: $140 * Net Unit Price: $140
C.
* List Unit Price: $150 * Regular Unit Price: $150 * Customer Unit Price: $140 * Net Unit Price: $140
Answers
D.
* List Unit Price: $150 * Regular Unit Price: $100 * Customer Unit Price: $90 * Net Unit Price: $90
D.
* List Unit Price: $150 * Regular Unit Price: $100 * Customer Unit Price: $90 * Net Unit Price: $90
Answers
Suggested answer: D

An Admin at Universal Containers wants to set up a product bundle that dynamically generates SKUs depending on what their users choose during the selling process. Which three fields are required for this type of configuration?

A.
Component Code Position
A.
Component Code Position
Answers
B.
Custom Configuration Page
B.
Custom Configuration Page
Answers
C.
Component Description Pattern
C.
Component Description Pattern
Answers
D.
Component Code
D.
Component Code
Answers
E.
Configured Code Pattern
E.
Configured Code Pattern
Answers
Suggested answer: A, D, E

Which two scenarios can be supported using Amendments? Choose 2 answers

A.
Change quantities of existing Products; apply different discounts than original Quote
A.
Change quantities of existing Products; apply different discounts than original Quote
Answers
B.
Change quantities of existing Products; maintain same discounts as original Quote
B.
Change quantities of existing Products; maintain same discounts as original Quote
Answers
C.
Add new Products; co-terminate to existing Contract
C.
Add new Products; co-terminate to existing Contract
Answers
D.
Add new products; use different End Date from existing Contract
D.
Add new products; use different End Date from existing Contract
Answers
Suggested answer: A, C

Universal Containers offers a bundle with two Products, Product A should always be added. Product B should be included initially, but can be removed by the user.

What two Option configurations that must be utilized for Product B to meet the requirement?

A.
Set Bundle to FALSE.
A.
Set Bundle to FALSE.
Answers
B.
Set Required to FALSE.
B.
Set Required to FALSE.
Answers
C.
Set Selected to TRUE.
C.
Set Selected to TRUE.
Answers
D.
Set Quantity Editable to TRUE.
D.
Set Quantity Editable to TRUE.
Answers
Suggested answer: B, C

Universal Containers (UC) has rolled out a new product, Warranty, priced as 10% of all the hardware products on the Quote. After implementing, UC realizes that the price is calculating a percentage of the prices before discounts have been applied, whereas UC actually wants it to reflect the discounted prices.

Which field should UC update to ensure the pricing is correct to meet the requirement?

A.
Update Percent of Total (%) on the hardware products to 10.
A.
Update Percent of Total (%) on the hardware products to 10.
Answers
B.
Update Percent of Total Target on Warranty to Standard Warranty.
B.
Update Percent of Total Target on Warranty to Standard Warranty.
Answers
C.
Update Percent of Total Category on the hardware products to Hardware.
C.
Update Percent of Total Category on the hardware products to Hardware.
Answers
D.
Update Percent of Total Base on Warranty to Net Price.
D.
Update Percent of Total Base on Warranty to Net Price.
Answers
Suggested answer: D

Universal Containers (UC) wants to sell products with monthly subscription terms. UC wants additional days to round up to the nearest month for calculating the prorated price.

Which CPQ package settings should UC use to meet the business requirement?

A.
Subscription Term unit: Month Subscription Prorate Precision: Day
A.
Subscription Term unit: Month Subscription Prorate Precision: Day
Answers
B.
Subscription Term unit: Month Subscription Prorate Precision: Month
B.
Subscription Term unit: Month Subscription Prorate Precision: Month
Answers
C.
Subscription Term unit: Month Subscription Prorate Precision: Month + Daily
C.
Subscription Term unit: Month Subscription Prorate Precision: Month + Daily
Answers
D.
Subscription Term unit: Day Subscription Prorate Precision: Day.
D.
Subscription Term unit: Day Subscription Prorate Precision: Day.
Answers
Suggested answer: B

Universal Containers requires sales reps to choose a Square footage value on the Configuration Attribute on one of the bundles to hide Product Options that are incompatible for the selected square footage. When the sales reps re-configure the bundle on a Renewal Quote, the Square Footage value that was set on the Configuration Attribute of the original Quote is reset to its default value. Currently, the sales reps must select the square footage again on the Renewal Quote.

How should the Admin improve this process so the Configuration Attribute retains its value upon Renewal?

A.
Set the Renewed Subscription lookup field on the renewal Quote Lines to reference the original Subscriptions.
A.
Set the Renewed Subscription lookup field on the renewal Quote Lines to reference the original Subscriptions.
Answers
B.
Set the Renewed Asset lookup field on the renewal Quote Lines to reference the original Assets.
B.
Set the Renewed Asset lookup field on the renewal Quote Lines to reference the original Assets.
Answers
C.
Create a Twin Field of the Square Footage field on the Quote Line object.
C.
Create a Twin Field of the Square Footage field on the Quote Line object.
Answers
D.
Create a Twin Field of the Square Footage field on the Asset and Subscription objects.
D.
Create a Twin Field of the Square Footage field on the Asset and Subscription objects.
Answers
Suggested answer: D

Universal Containers (UC) is a reseller of a Product made by another company. UC wants to price the Product based on the Cost that UC pays for it.

How should the admin set the Cost for this Product?

A.
Add the Cost to the Product's Price Book Entry Cost field. ^
A.
Add the Cost to the Product's Price Book Entry Cost field. ^
Answers
B.
Use a Price Rule to set the Cost field on the Quote Line.
B.
Use a Price Rule to set the Cost field on the Quote Line.
Answers
C.
A Create a Cost record in the Product's Costs related list.
C.
A Create a Cost record in the Product's Costs related list.
Answers
D.
Add a Cost Discount Schedule to the Products Discount Schedule related list.
D.
Add a Cost Discount Schedule to the Products Discount Schedule related list.
Answers
Suggested answer: C

The admin at Universal Containers has created a Configuration Attribute in a bundle that allows the end user to choose a picklist field value. A Price Rule has been created in the calculator that will set a discount based on the chosen picklist field value. This discount should be applied on the bundle Product and its Options.

A.
Ensure that Apply Immediately has been set to TRUE.
A.
Ensure that Apply Immediately has been set to TRUE.
Answers
B.
Ensure that the Default Object field is set to Quote Line.
B.
Ensure that the Default Object field is set to Quote Line.
Answers
C.
Ensure that Apply to Product Options has been set to TRUE.
C.
Ensure that Apply to Product Options has been set to TRUE.
Answers
D.
Ensure that the Configuration Attribute's Feature field is set to Null.
D.
Ensure that the Configuration Attribute's Feature field is set to Null.
Answers
Suggested answer: C

Universal Containers (UC) sells a Product in four geographical regions that comes in 10 colors and four sizes. Instead of having a separate SKU for all combinations, UC needs the sales reps to specify location, color, and size during configuration.

What CPQ functionality can UC's Admin leverage to meet this requirement?

A.
Configuration Attributes.
A.
Configuration Attributes.
Answers
B.
Product Options.
B.
Product Options.
Answers
C.
Product Features.
C.
Product Features.
Answers
D.
Option constraints.
D.
Option constraints.
Answers
Suggested answer: A
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