exam questions

Exam Certified CPQ Specialist All Questions

View all questions & answers for the Certified CPQ Specialist exam

Exam Certified CPQ Specialist topic 1 question 106 discussion

Actual exam question from Salesforce's Certified CPQ Specialist
Question #: 106
Topic #: 1
[All Certified CPQ Specialist Questions]

Universal Containers (UC) has set the CPQ package settings of both Subscription Term Unit and Subscription Prorate Precision to Month. UC wants to quote a Fixed Price Subscription Product with a Start Date of June 18, 2019 and an End Date of August 21, 2020.
The Product record has a Subscription Term of 12, a Pricing Method of List, and a Pricebook Entry of USD 100.
What is the Prorated List Unit Price for the Quote Line?

  • A. USD 118.31
  • B. USD 116.67
  • C. USD 125.00
  • D. USD 100.00
Show Suggested Answer Hide Answer
Suggested Answer: C 🗳️

Comments

Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.
Switch to a voting comment New
InB
1 year ago
Selected Answer: C
15/12 = 5/4 = 125
upvoted 1 times
...
ApexMike
1 year, 1 month ago
Selected Answer: C
prorate mult is 1.25 (15 months over 12) 100 * 1.25 = 125
upvoted 1 times
...
mr452
1 year, 2 months ago
Selected Answer: C
Prorate multiplier = (15 / 12) = 1.25 Prorated list price = $100* (15 / 12) = $125
upvoted 3 times
...
mr452
1 year, 3 months ago
Selected Answer: B
Prorate multiplier = (14 / 12) = 1.166 Prorated list price = $100* (14 / 12) = $116.67 https://help.salesforce.com/s/articleView?id=sf.cpq_subscriptions_prorate_precision_1.htm&type=5
upvoted 4 times
Joel31113
1 year, 2 months ago
Why is it 14/12 and not 15/12? The term is 14 months and three days so that would roll up into a third month? Which would mean C is correct.
upvoted 5 times
mr452
1 year, 2 months ago
you are actually right, I mI missed that
upvoted 1 times
...
...
...
snusmumrick
1 year, 6 months ago
Selected Answer: C
C is correct
upvoted 3 times
mr452
1 year, 3 months ago
https://help.salesforce.com/s/articleView?id=sf.cpq_subscriptions_prorate_precision_1.htm&type=5
upvoted 1 times
Joel31113
1 year, 2 months ago
On the month example on that link - "Term Unit = Month 05/23/2019 through 09/22/2019 totals 4 whole months. Due to the remaining 8 days, Salesforce CPQ rounds the month total to 5"
upvoted 1 times
...
...
...
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

SaveCancel
Loading ...