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Certified Revenue Cloud Consultant Accredited Professional: Salesforce Certified Revenue Cloud Consultant Accredited Professional
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The Certified Revenue Cloud Consultant Accredited Professional exam is a crucial step for anyone looking to master Salesforce Revenue Cloud implementation and management. To increase your chances of success, practicing with real exam questions shared by those who have already passed can be incredibly helpful. In this guide, we’ll provide practice test questions and answers, offering insights directly from successful candidates.
Why Use Certified Revenue Cloud Consultant Accredited Professional Practice Test?
- Real Exam Experience: Our practice tests accurately mirror the format and difficulty of the actual Certified Revenue Cloud Consultant Accredited Professional exam, providing you with a realistic preparation experience.
- Identify Knowledge Gaps: Practicing with these tests helps you pinpoint areas that need more focus, allowing you to study more effectively.
- Boost Confidence: Regular practice builds confidence and reduces test anxiety.
- Track Your Progress: Monitor your performance to see improvements and adjust your study plan accordingly.
Key Features of Certified Revenue Cloud Consultant Accredited Professional Practice Test
- Up-to-Date Content: Our community regularly updates the questions to reflect the latest exam objectives and technology trends.
- Detailed Explanations: Each question comes with detailed explanations, helping you understand the correct answers and learn from any mistakes.
- Comprehensive Coverage: The practice tests cover all key topics of the Certified Revenue Cloud Consultant Accredited Professional exam, including CPQ (Configure, Price, Quote), billing, and revenue management.
- Customizable Practice: Tailor your study experience by creating practice sessions based on specific topics or difficulty levels.
Exam Details
- Exam Number: Revenue Cloud Consultant Accredited Professional
- Exam Name: Certified Revenue Cloud Consultant Accredited Professional Exam
- Length of Test: 105 minutes
- Exam Format: Multiple-choice and scenario-based questions
- Exam Language: English
- Number of Questions in the Actual Exam: 60 questions
- Passing Score: 67%
Use the member-shared Certified Revenue Cloud Consultant Accredited Professional Practice Tests to ensure you're fully prepared for your certification exam. Start practicing today and take a significant step towards achieving your certification goals!
Related questions
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?
Explanation:
Contracted pricing is a feature of Salesforce Revenue Cloud that allows sales users to create new quotes with established rate cards and account specific discounts. Contracted pricing enables sales users to honor the pricing that was originally negotiated with current customers, regardless of any changes in the product catalog or price book. Contracted pricing works by creating contracted price records for each product and account combination, and applying them to the quote lines when creating a new quote. Contracted pricing can be created manually or automatically, and can be based on existing quotes, orders, or contracts. Contracted pricing is the best option to fulfill the user story, as it can store the legacy data of the original pricing agreements and use them for future quotes.
Subscription is not the best option, as it is a feature of Salesforce Revenue Cloud that allows sales users to create recurring revenue streams from products or services that are sold on a periodic basis. Subscription does not store or apply the legacy data of the original pricing agreements, but rather uses the current product catalog and price book. Subscription is useful for creating quotes for new or renewing customers, but not for honoring the pricing that was originally negotiated with current customers.3
Order products are not the best option, as they are records that represent the products or services that are sold to a customer through an order. Order products do not store or apply the legacy data of the original pricing agreements, but rather use the current product catalog and price book. Order products are useful for creating invoices and revenue schedules, but not for creating new quotes with established rate cards and account specific discounts.
Entitlements are not relevant to the user story, as they are records that represent the service level agreements or support terms that a customer is entitled to based on their purchase. Entitlements do not store or apply the legacy data of the original pricing agreements, but rather use the current product catalog and price book. Entitlements are useful for managing customer service and support, but not for creating new quotes with established rate cards and account specific discounts.
1: Contracted Pricing - Salesforce
2: Contracted Pricing | Salesforce Subscription Management | Salesforce Developers
3: Subscriptions - Salesforce
4: Order Products - Salesforce
5: Entitlements - Salesforce
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?
Explanation:
Reducing processing times during quote document generation in Salesforce CPQ can be achieved through various optimizations. One effective method is using compressed image formats for image files included in the quote document. This reduces the file size of the images, leading to faster loading and processing times when generating quote documents. While the specific reference to this practice is not directly available in the provided Salesforce Revenue Cloud documents, it is a widely recognized optimization technique in document generation processes to enhance performance and reduce loading times.
Which usage summary field can be used as an external IDto simplify usage uploads afteramendments?
Explanation:
The matching ID field is used to link usage records to usage summaries based on a common identifier. This field is especially useful when there are amendments to the order products, as it allows usage records to be uploaded to the correct usage summary without having to change the order product ID or the usage summary ID. The matching ID field can be used as an external ID to simplify usage uploads after amendments, as it can be populated by a workflow rule or a formula based on certain criteria.12Reference:
Usage Summary and Usage Fields - Salesforce
Differences between the 'External ID' field and the 'Unique ID' field setting - Salesforce
Which Revenue Cloud Feature can` be customized to provide an aggregated view of thecurrent goods and services on a contract?
Explanation:
Customer Asset LifeCycle Management (CALM) is a feature of Salesforce Revenue Cloud that enables businesses to manage the entire lifecycle of their customer assets, from creation to renewal to termination. Customer assets are the goods and services that customers have purchased or subscribed to, and they can be tracked and updated on a single platform. CALM provides an aggregated view of the current customer assets on a contract, as well as their history, status, and future changes. CALM also allows businesses to automate the creation and activation of orders, amendments, and renewals based on the customer asset data. With CALM, businesses can gain visibility and control over their revenue streams, optimize their customer relationships, and reduce manual errors and inefficiencies.Reference:
https://www.salesforce.com/au/products/revenue-lifecycle-management/
https://www.g2.com/products/salesforce-salesforce-revenue-cloud/features
A revenue cloud user story for a subscription-based company looking to replace theirlegacy system states ''as a pricing manager,bulk discounts will include previouslypurchased quantities for pricing calculations on thequote in order to reward loyal customers. What should be included in the design of this solution?
Explanation:
Salesforce Revenue Cloud, part of the Salesforce Customer 360 Platform, unites Configure, Price, and Quote (CPQ), Billing, Partner Relationship Management, and B2B Commerce functionality1.It aims to help businesses better manage their revenue streams, enhance forecasting capabilities, improve efficiencies, and accelerate growth across all sales channels1.
In the context of the user story, the company wants to reward loyal customers by including previously purchased quantities in pricing calculations on the quote.This can be achieved by using discount schedules with cross orders checked2.
Discount schedules in Salesforce Revenue Cloud allow businesses to implement dynamic pricing strategies with rules that trigger changes when specified products are on a quote2.By checking cross orders, the system can consider the quantities of a product that a customer has purchased across multiple orders when applying bulk discounts2.This way, the more a customer purchases over time, the greater the discounts they can receive, thereby rewarding their loyalty2.
Reference
Salesforce Revenue Cloud
Understanding Salesforce Revenue Cloud
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?
Explanation:
Salesforce Revenue Cloud's CPQ (Configure, Price, Quote) solution allows for the creation of price rules that can be used to perform calculations on quote lines. In this scenario, the CPQ admin has created three separate price rules, each using a summary variable to add the net total for quote lines belonging to a particular product family. While this solution works, it may not be the most optimal from a performance standpoint.
Option D suggests using a single price rule with three price actions. This would be more efficient because it reduces the number of price rules that need to be evaluated. Each price rule evaluation can consume system resources and potentially slow down the quote calculation process. By consolidating the three price rules into a single one with multiple actions, the system only needs to evaluate one rule, which can improve performance.
It's important to note that summary variables in Salesforce CPQ allow you to perform a math function on the collected values of a number field on the quote line, product option, subscription, or asset1.You can also create filters so that the summary variable evaluates only fields on records that match the filter values1. This functionality would still be available with a single price rule with multiple actions.
Reference
Summary Variable Fields - Salesforce
Revenue Management Platform & CPQ Solution - Salesforce.com US
Quote Line Groups - Salesforce
The order management plugin functionality allows the architect to override which of thefollowing default package behavior in salesforce CPQ?
Explanation:
In Salesforce CPQ, the Order Management plugin functionality provides flexibility in customizing the default package behavior, including the ability to set the activation date for orders. This feature allows for greater control over the order management process, enabling organizations to align the activation dates of their orders with their specific business requirements. By overriding the default behavior, businesses can ensure that the activation dates are set in a manner that is consistent with their operational workflows, contractual obligations, or customer agreements. This capability is part of Salesforce CPQ's broader set of features designed to provide customizable solutions to complex quoting and order management challenges.
A Revenue Cloud Customer has posted a cash payment that was created on Account A by mistake. What are the steps to apply this to the correct invoice on Account B?
Explanation:
In Salesforce Revenue Cloud, if a cash payment has been posted to the wrong account by mistake, the appropriate steps to correct this would be to first unallocate the payment if it has been allocated.This means that the payment is no longer linked to any particular invoice or order1.Once the payment has been unallocated, a refund should be created for the incorrect payment1.After the refund has been processed, a new payment can then be created for the correct account (Account B in this case)1.This ensures that the payment is correctly associated with the right account and invoice1.Reference
Salesforce Revenue-Cloud-Consultant-Accredited-Professional Quiz 1
What are three reasons why you would need an AppExchange Solution tosupportgenerating a Document in support of a Revenue Cloud Project?
Explanation:
These are three features that are not natively supported by Salesforce Revenue Cloud, but can be added by using an AppExchange Solution.
Contract Redlining: This is the process of comparing and editing different versions of a contract document, usually with track changes and comments. This can help to negotiate and finalize the terms and conditions of a contract with customers or partners.1
Electronic Signature: This is the digital equivalent of a handwritten signature, which can be used to sign and validate a contract document electronically. This can help to speed up the contract approval process and reduce paper usage.2
Attachments: This is the ability to add additional files or documents to a contract document, such as supporting evidence, product specifications, or legal disclosures. This can help to provide more information and clarity to the contract parties.3
1: This article explains the benefits and challenges of contract redlining and how to use an AppExchange Solution to enable it in Salesforce.
2: This article explains the benefits and best practices of electronic signature and how to use an AppExchange Solution to integrate it with Salesforce.
3: This article explains how to use an AppExchange Solution to add attachments to a contract document in Salesforce.
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