Given a Customer-Specific Pricing Requirement, Configure Correct Contracted Prices. CPQ-ADMINISTRATOR Practice Questions (Page 2)

Questions 6–10

1. 6foundation · medium

   A Salesforce CPQ Administrator needs to configure a contracted price for a customer that is a fixed amount per unit, agreed upon in the contract, and not derived from any discounting or price book logic. Which contract pricing method should the administrator use?

   • ADiscount Schedule
   • BStandard Price
   • CList Price
   • DCustom Price
   Reveal Solution Discussion Select an answer first
2. 7foundation · easy

   In Salesforce CPQ, what is a price adjustment?

   • AA change to the product's description
   • BA discount or markup applied to a quote line
   • CA change to the product's cost
   • DA modification to the list price of a product
   Reveal Solution Discussion Select an answer first
4. 8foundation · easy

   In Salesforce CPQ, what is the relationship between a price book and a price list?

   • AThey are interchangeable terms
   • BA price list is a subset of a price book that can be assigned to customers
   • CA price book contains multiple price lists
   • DA price book is a subset of a price list
   Reveal Solution Discussion Select an answer first
5. 9foundation · easy

   In Salesforce CPQ, what is the purpose of a discount schedule?

   • ATo restrict which users can discount
   • BTo apply a discount based on the quantity purchased
   • CTo set a product's cost
   • DTo define a fixed price for a product
   Reveal Solution Discussion Select an answer first
6. 10foundation · easy

   Which of the following is a common method to validate contracted prices in Salesforce CPQ?

   • ARunning a report on all price books
   • BReviewing the product's cost
   • CChecking the user's permissions
   • DCreating a test quote for the customer and checking the prices
   Reveal Solution Discussion Select an answer first