Free Salesforce CPQ-301 Exam Questions

Become Salesforce Certified with updated CPQ-301 exam questions and correct answers

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Total 261 Questions | Updated On: Mar 25, 2025

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Question 1

A user needs to amend a contract and change prices to reflect new discounts for existing active subscriptions and assets.

How should the user achieve this?

A : one the Quote Lines which need to be updated. Modify the desired discounts on the cloned Quote Lines. Update the original Quote Lines to a Quantity of zero.

B : ange the status of the contract to Draft. Make price changes on the original quote used to generate the contract and check Contracted on the Opportunity again.

C : ange the values for Net Price on the subscription or Price field on the asset. Amend the contract and use Refresh Prices.

D : eate a Price Book with Price Book Entries to reflect the new prices. Populate the Contract Amendment Price Book ID field with the new Price

Answer: C

Question 2

An admin created a dynamic bundle and needs a Product Rule to limit which products users see when configuring the bundle.

Which type of Product Action should the Admin create to ensure that only a specific set of products may be selected for the dynamic bundle?

A : tional filter

B : ow

C : fault filter

D : able

Answer: C

Question 3

After installing the Advanced Approvals managed package, which object is enabled out of the box to leverage all Advanced Approval functionality?

A : re Salesforce Quote object

B : Q Quote Line object

C : portunity object

D : Q Quote object

Answer: C

Question 4

An Admin wants to add a second level of categorization: groupings of Product Features in the Configurator to be displayed as tabs.

Which step should the Admin take to meet this requirement?

A : t and choose a Category on the Feature.

B : t Option Layout to Tabs on the Feature.

C : t Option Layout to Tabs on the Product.

D : t and choose a Group on the Feature.

Answer: C

Question 5

Universal Containers (UC) sells two fixed-priced subscriptions (Products A and B) and one Percent Of Total subscription Product (Product C), which is calculated as a percentage of the List total of Products A and D. Both Products A and B are marked as 'Include in Percent Of Total'. UC also wants to enable ramping of quantities and pricing for all three Products on a yearly basis.

Which solution should the admin use to meet the requirement?

A : Quote Line Groups for each annual term and set the Percent Of Total Scope on Product C to Group.

B : Products A, B, and C to the Quote for the desired Quote Subscription Term.

C : t the Percent Of Target to Product C for Product A and B

D : plement a Quote Calculator Plugin (QCP) to aggregate Product A and B by segment.

Answer: C

Page: 1 / 53

Total 261 Questions | Updated On: Mar 25, 2025

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