Universal Containers has decided to mark up prices instead of discounting. Product A is valued at $10 and Product B is valued at $20. Product A is a 10% markup and Product B is a 20% markup. Which pricing method would the Admin set up, and what would the final price be for each product?
A. List, Product A price would be $11, Product B Price would be $22
B. List, Product A price would be $11, Product B price would be $24
C. Cost, Product A price would be $12, Product B price would be $24
D. Cost, Product A price would be $11, Product B price would be $24
An Admin has noticed that the proration for their subscription products is not coming out to what they would expect. With a Start Date of January 1, 2017 and End Date of January 1, 2018, the Prorate Multiplier is coming out to 1,083. The CPQ Admin is expecting a Prorate Multiplier of 1,003. What action should the Admin take to correct this pricing issue?
A. Change the Subscription Prorate Precision in package settings to "Month + Day."
B. Change the Default Subscription Term on the Quote Line to produce expected proration.
C. Change the Subscription Term Unit in package settings from Month to Day.
D. Change the Prorate Calculation field in package settings from Month to Day.
Universal Containers has a requirement to ensure that Product B is always quoted with Product A in a bundle. The products are in separate features and there is no clear indication that they must be sold together. They implemented a Product Validation rule to fulfill this requirement, but received complaints that it was not user friendly. What other approach should the Admin take to fulfill this requirement?
A. Create an Option Constraint with Type: Add.
B. Create a Configuration Price Rule to add Product B.
C. Create a Product Selection rule to add Product B.
D. Create an Option Constraint with Type: Dependency.
Approver records are not required when using dynamic approvers.
A. True
B. False
Universal Containers uses Contracted Pricing to set pricing for specific distributors and those distributors' business units (child accounts). Product A has a product family of Storage and a list price of $300. The parent account has a Contracted Price set to $200 and a filter based on the product family of Storage. Which two ways can the Admin set Product A back to list price on a business unit account?
A. Set Ignore Parent Contracted Prices to true on the parent contracted price.
B. Create a new contracted price for Product A on the business unit account with a price of $300.
C. Create a new contracted price record for Product A on the business unit account and set its Ignore Parent Contracted prices to true.
D. Set Ignore Parent Contracted Prices to true on the business unit account record.
Universal Containers has a bundle with required Product Options. After the bundle is selected, the user should bypass the configuration process. How should the Admin set up the bundle to meet this requirement?
A. Set the Configuration Event field on the bundle Product to be Disabled, and select the checkbox for Bundled on the Product Options.
B. Set the Configuration Event field on the bundle Product to be Required, and select the checkbox for Required on the Product Options.
C. Set the Configuration Event field on the bundle Product to be Allowed, and select the checkbox for bundled on the Product Options.
D. Set the Configuration Event field on the bundle Product to be Disabled, and select the checkbox for Required on the Product Options.
While making changes in the Quote Line Editor, sales reps have mentioned that clicking the Calculate button after each set of changes is too slow. Management has asked the Admin to Streamline the Quote Line Editor so calculations occur automatically after each change is made.
Which Managed Package setting should the Admin enable to meet this requirement?
A. Calculate Immediately
B. Use Legacy Calculator
C. Use Inactive Prices
D. Enable Quick Calculate
Universal Containers has a Standard Warranty product that is priced as a Percent of Total subscription product. It is priced as 25% of the Net Price of all Shipping Container products added to the Quote.
When generating a partial Order via the Create Order button, the Admin notices the Standard Warranty was absent from the Order Product selection page.
What should the Admin do to allow the Standard Warranty product to create an Order Product?
A. Ensure that the Standard Warranty Quote Line's Start Date and End Date match the Order's Start Date and End Date.
B. Select any Shipping Container product on the Order Product selection page to automatically generate a Standard Warranty Order Product on the Order.
C. Create one Standard Warranty Quote Line for every Shipping Container Quote Line on the Quote.
D. Set the Product Family picklist on the Standard Warranty product's Product record to Services.
How should the Admin ensure Universal Containers' users can generate output documents in Microsoft Word format?
A. Create duplicate Template Sections in Microsoft Word format.
B. Set the Allow output Format Change checkbox on the Quote Template.
C. Set the Allow output Format Change checkbox on each user in user Settings.
D. Create a second Quote Template in Microsoft Word format.
Universal Containers wants to update a custom Quote Line field within the Quote Line Editor with a value of Low, Medium, or High to categorize the margin of each Quote Line. Which approach should the CPQ Specialist recommend to meet this business requirement?
A. A Price Rule with the Calculation Event of On Initialization to update the picklist field
B. A Process Builder on the Quote Line to update the picklist field
C. A Workflow Rule and field update on the Quote Line to update the picklist field
D. A Price Rule with the Calculation Event of After Calculate to update the picklist field
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