Online Access Free Rev-Con-201 Practice Test

An approval administrator has enabled Smart Approvals and configured it for finance approval by checking Use Smart Approval.
The sales manager reports that the new functionality of Smart Approvals does not work.
What is causing the issue?

• A.The condition in the stage is not same as the condition on the step.
• B.The condition in the stage is the same as the condition on the step.
• C.There are two conditions on the stage, but only one condition in the step.

A customer uses a price book to populate list prices. They need to override the list price by 10% if the product is being sold in an emerging market. The emerging market is identified on the quote via a custom field.
What should a pricing designer do to solve this?

• A.Use a formula-based pricing element to apply an override to the list price value and populate a line item custom field for further calculations like total, discount, net prices, etc.
• B.Use a formula-based pricing element to apply the override to the unit price and use that to populate the list price for further calculations like total, discount, net prices, etc.
• C.Use a formula-based pricing element to apply an override to the list price and use that to populate the list price for further calculations like total, discount, net prices, etc.

A company is implementing Revenue Cloud to automate its subscription renewals. A Revenue Cloud Consultant needs to configure the system to allow sales reps to initiate the renewal process for a customer's active assets directly from a record page.
Which component must the consultant implement to provide this one-click renewal capability?

• A.A custom Renewal checkbox field on the Asset object that, when checked, triggers a Process Builder to create a renewal opportunity
• B.An Apex trigger on the Contract object that automatically clones the contract and its assets when the end date is approaching
• C.A screen flow that utilizes the InitiateRenewal invocable action, which can then be exposed as a quick action on the Account or Contract record page

A product designer created the necessary products and bundles using Product Catalog Management. However, users are not able to see the products while preparing quotes.
Which action should the product designer take to resolve this?

• A.Select the appropriate product selling model for each of the products.
• B.Select the appropriate pricing procedure in the Salesforce Pricing Setup.
• C.Select the appropriate context definition in the Product Discovery Settings.

A user quotes a product and ramps it with three custom ramp segments. The first segment starts on January 1,
2025, and lasts for 6 months. The second segment's term is 12 months, and the last segment's term is 6 months.
After the quote is ordered, which Asset and Asset State Period records are generated, and with what dates for this quote line?

• A.Three Asset records, with three Asset State Periods on each Asset record with the following dates:1st Jan 2025 to 30th Jun 20251st Jul 2025 to 30th Jun 20261st Jul 2026 to 31st Dec 2026
• B.One Asset record, with three Asset State Periods of the following dates:1st Jan 2025 to 30th Jun
  20251st Jul 2025 to 30th Jun 20261st Jul 2026 to 31st Dec 2026
• C.One Asset record, with three Asset State Periods of the following dates:1st Jan 2025 to 30th Jun
  20251st Jan 2025 to 30th Jun 20261st Jan 2025 to 31st Dec 2026