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Salesforce Revenue Cloud Consultant Accredited Professional certification is beneficial for professionals who work in revenue management, finance, accounting, and consulting. It demonstrates to employers and clients that the individual has the knowledge and skills to implement Revenue Cloud solutions that can help their organization streamline their revenue management processes and improve their overall financial performance.

Salesforce Revenue Cloud Consultant Accredited Professional Sample Questions (Q151-Q156):

NEW QUESTION # 151
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. Communicate these changes to the project manager who will evaluate the impact toscope, timeline and budget them determine the next course of action
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. Consult with the solution Architect first who will expedite the updates to the designdocuments, then implement the changes immediately.
D. Implement the lookup price rules immediately then review with the solution Architect.
E. Communication to the customer ongoing adjustment can be made as long as we're inthe build phase.

Answer: A

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.
Reference:
1: Salesforce Revenue Cloud Implementation Guide, page 17
2: Lookup Price Rule query considerations with Salesforce CPQ 3

NEW QUESTION # 152
A Revenue Cloud project has a requirement where a product can be either 16m 52s taxable or tax exempt depending on a custom field that holds the industry. " What is the appropriate solution to address this requirement?

A. Use automation to set the Billing Rule based on the value of the custom field
B. Use automation to set the Tax Rule based on the value of the custom field
C. Use automation to set the Tax Treatment based on the value of the custom field
D. Use automation to set the Revenue Recognition Rule based on the value of the custom field

Answer: B

Explanation:
For a Revenue Cloud project where a product's taxability depends on a custom field that holds industry information, the appropriate solution is to use automation to set the Tax Rule based on the value of the custom field. This approach allows for dynamic application of tax rules to products based on industry-specific requirements, ensuring that the correct tax treatment is applied during the quoting and invoicing processes. Automation could involve using Process Builder, Flow, or Apex to update the tax rule assignments on products or quote lines based on the specified industry criteria. This ensures that products are taxed correctly according to the industry-specific regulations captured in the custom field.

NEW QUESTION # 153
Universal Containers is Preparing to go live with salesforce CPQ however sales management has stated that they would recurring revenue captured on opportunity line item object to reference within existing pipeline reports.Annual revenue is currently captured in the field ARR c on the SBQQ QuoteLine c Object.Which is the most efficient solution.

A. Create a cross object formula field on the opportunity line item to reference ARR c data SBQQ QuoteLine C.
B. Create ARR c on the opportunity Line item object,and create a price rule to copy the value from ARR c on SBQQ QuoteLine c on opportunity Product.
C. Create ARR c on the opportunity Line item object,Matching the field configuration of ARR c on SBQQ QuoteLine C.
D. Create ARR c on the opportunity Line item object,and create a flow to copy the value from ARR c on SBQQ QuoteLine C.

Answer: C

NEW QUESTION # 154
What are three key characteristics of an implementation partner leading arevenuecloud scoping session?

A. Understanding design pitfalls and Mitigation actions to course correct
B. Excellent Communication Skills both verbal and written
C. Having deep knowledge of competitor Products
D. Being effective at planning,monitoring and reviewing
E. Experience in a selling role with quota responsibilities

Answer: A,B,D

NEW QUESTION # 155
A Revenue Cloud Project has a requirement where a Product can be either taxable or taxexempt depending on a custom field that holds the industry. what is the appropriatesolution to address this Requirement?

A. Use Automation to set TaxTreatment Based on the value of the custom field.
B. Use Automation to set Billing Rule Based on the value of the custom field.
C. Use Automation to set Revenue Recognition Rule Based on the value of the customField.
D. Use Automation to set Tax Rule Based on the value of the custom field.

Answer: A

Explanation:
In Salesforce Revenue Cloud, tax treatment can be automated based on the value of a custom field. This is particularly usefulwhen a product's tax status (taxable or tax-exempt) depends on a specific attribute, such as the industry in this case1. By using automation, the system can automatically determine the appropriate tax treatment for each product based on the industry value in the custom field1. This not only ensures accuracybut also improves efficiency by eliminating the need for manual intervention1. References Salesforce Introduces Revenue Cloudto Help Businesses Accelerate Revenue Growth Across Any Channel - Salesforce Sales

NEW QUESTION # 156
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