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Salesforce Revenue Cloud Consultant Accredited Professional Sample Questions (Q52-Q57):

NEW QUESTION # 52
After a Contract has been created and activated, what is an appropriate use of automation to support renewals?

A. Renewal Quoted should be checked as early as possible, and Renewal Forecasted should be checked when the quote is due for renewal
B. Renewal Forecasted should be checked as early as possible, and Renewal Quoted should be checked near Contract End Date
C. Check both Renewal Forecasted and Renewal Quoted fields simultaneously, closest to the renewal date
D. Check both Renewal Forecasted and Renewal Quoted fields simultaneously, as soon as the contract is activated

Answer: B

Explanation:
Salesforce Revenue Cloud allows businesses to automate key processes related to recurring revenue models1.
The 'Renewal Forecasted' field should be checked as early as possible to allow for accurate forecasting and planning. This helps businesses anticipate future revenue and make informed decisions about resource allocation and strategy. On the other hand, the 'Renewal Quoted' field should be checked closer to the Contract End Date. This is because the quote for renewal is typically generated and sent to the customer near the end of the contract term, allowing for any changes in pricing, terms, or services to be included21. References
* Revenue Cycle Management Software by Revenue Cloud - Salesforce
* Salesforce Introduces Revenue Cloud to Help Businesses Accelerate Revenue Growth Across Any Channel - Salesforce Sales
* Manage Contracts and Renewals Unit | Salesforce Trailhead
* A Guide to Recurring Revenue Enablement with Salesforce

NEW QUESTION # 53
Which 3 documents help a revenue cloud consultantbetter understand the client'srevenue cloud project requirements before speakingfor the first time in a scopingsession?

A. The latestrelease notes found at help salesforce.com>salesforce CPQ patch notes
B. brochures that provided detail to the products and services the client offers
C. A sample proposal the client provides to their customers
D. The clients income statements and balance sheet
E. An approval matrix documentation that describe theapprovals needed before a quoteis sent to the customer

Answer: B,C,E

NEW QUESTION # 54
You are implementing the Design Document for a large Enterprise Revenue Cloudprojecthaving multiple lookup price rules supporting a complex pricing requirement in the Buildphase. During construction the customer discovers additional logic and external datastores that need to be incorporated in order to achieve the correct pricing in a particular setof use cases. You estimate the lookup price rules will need to be modified, additional ruleswill need to be created and API development will beneeded. As an Implementationconsultant what is the appropriate course of action that should take in this predicament?

A. Communication to the customer ongoing adjustment can be made as long as we're inthe build phase.
B. Gather more details, if it requires a low level of effort then implement immediatelybefore starting the next sprint, Otherwise Complete on the subsequent sprint.
C. Implement the lookup price rules immediately then review with the solution Architect.
D. Communicate these changes to the project manager who will evaluate the impact toscope, timeline and budget them determine the next course of action
E. Consult with the solution Architect first who will expedite the updates to the designdocuments, then implement the changes immediately.

Answer: D

Explanation:
According to the Salesforce Revenue Cloud Implementation Guide, any changes to the design document during the build phase should be communicated to the project manager, who will assess the impact of the changes on the project scope, timeline, and budget. The project manager will then decide whether to accept, reject, or defer the changes, and update the project plan accordingly. This is the best practice to ensure that the project is delivered on time, on budget, and with the expected quality and functionality.
Implementing the lookup price rules immediately without consulting the project manager or the solution architect could result in errors, inconsistencies, or conflicts with the existing design or other components of the solution. It could also cause delays or rework if the changes are not aligned with the customer's expectations or requirements. Therefore, option B and option E are not appropriate.
Consulting with the solution architect first could help to expedite the updates to the design document, but it would still require the approval of the project manager and the customer before implementing the changes.
Therefore, option D is not sufficient.
Communication to the customer that ongoing adjustments can be made as long as we are in the build phase could create confusion or unrealistic expectations about the project scope and timeline. It could also undermine the credibility and authority of the project manager and the solution architect, who are responsible for managing the project and ensuring the quality of the solution. Therefore, option A is not advisable.
References:
* 1: Salesforce Revenue Cloud Implementation Guide, page 17
* 2: Lookup Price Rule query considerations with Salesforce CPQ 3

NEW QUESTION # 55
Universal Containers sell a product bundle named "Corporate IT Solutions". One of theproduct options inside this bundle is named Hardware Firewall Universal Containers has arequirement where if the customer has purchased a hardware firewall in the past, thehardware firewall product option should be hidden while configuring the bundle. TheCPQ admin has created a product rule to handle this requirement. What should theevaluation event of the product rule be set to?

A. Load and Edit
B. Load.
C. Save
D. Always

Answer: A

Explanation:
In Salesforce Revenue Cloud, the evaluation event of a product rule specifies when the rule should be evaluated. The options are:
* Load: The rule will be evaluated when the product bundle is opened.
* Edit: The rule will be evaluated when the product bundle is edited.
* Save: The rule will be evaluated upon Save.
* Always: The rule will be evaluated during any event.
In the context of the question, the requirement is to hide the hardware firewall product option while configuring the bundle if the customer has purchased a hardware firewall in the past. This means that the rule needs to be evaluated when the product bundle is being edited, not just when it is loaded or saved. Therefore, the correct answer is "Load and Edit".
References
* Salesforce CPQ Product Rules: General Considerations
* Decide When Rules Evaluate Unit | Salesforce Trailhead
* Product Rules - Salesforce

NEW QUESTION # 56
A user story for a Revenue Cloud implementation states. As an Accounts ReceivableManager, I want to automatically generate invoices in draft status the same day of everymonth". what implementation option should a revenue cloud consultant pursue first?

A. Workflow rule to check the bill now checkbox after the order status is changed to"Activated".
B. Set up a Payment Scheduler
C. Triggers and apex to check the bill now checkbox after the order status is changed to"Activated".
D. Set up an invoice scheduler

Answer: D

NEW QUESTION # 57
......

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