In Salesforce CPQ, what does the 'Renewal' setting on a subscription product control?

Whether the subscription automatically renews at the end of its term.

The price of the subscription product.

Whether the product can be sold as an asset.

The frequency of billing for the subscription.

A company sells routers that are tracked as assets. The routers have a one-year warranty, and customers can purchase an extended warranty that is also tracked as an asset. What must the administrator configure to support this?

Create both as subscription products.

Create both the router and the extended warranty as asset products.

Create the router as a subscription product and the extended warranty as an asset product.

Create the router as an asset product and the extended warranty as a subscription product.

What is the primary purpose of configuring a product as an asset product in Salesforce CPQ?

To automatically generate renewal quotes for the product.

To enable the product to be used in a bundle.

To enable recurring billing for the product.

To allow the product to be tracked as an asset after it is sold.

What is the purpose of the 'Entitlement' field on a product record in Salesforce CPQ?

To specify the product's asset tracking method.

To determine the product's availability in a price book.

To define the product's billing frequency.

To define the service-level entitlements associated with the product.

Which of the following is required to make a product available for sale in a specific price book?

Enabling the 'Asset Management' checkbox on the product.

Creating a renewal rule for the product.

Setting the product's 'Type' field to 'Asset'.

A price book entry linking the product to the price book.

SalesforceCertified CPQ Administrator

Domain 1Objective 7

Given Details About a Customer's Business, Set up All Necessary Assets or Subscription Products. CPQ-ADMINISTRATOR Practice Questions (Page 1)

Part of the PRODUCTS AND BUNDLES domain, which accounts for 32% of the CPQ-ADMINISTRATOR exam.

6questions here

2free pages

4concepts

32%of the exam

Questions 1–5

1foundation · easy
In Salesforce CPQ, what does the 'Renewal' setting on a subscription product control?
Select an answer first
2application · medium
A company sells routers that are tracked as assets. The routers have a one-year warranty, and customers can purchase an extended warranty that is also tracked as an asset. What must the administrator configure to support this?
Select an answer first
3foundation · easy
What is the primary purpose of configuring a product as an asset product in Salesforce CPQ?
Select an answer first
4foundation · easy
What is the purpose of the 'Entitlement' field on a product record in Salesforce CPQ?
Select an answer first
5foundation · easy
Which of the following is required to make a product available for sale in a specific price book?
Select an answer first

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