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Salesforce Exam Revenue-Cloud-Consultant-Accredited-Professional Topic 5 Question 27 Discussion

Actual exam question for Salesforce's Revenue Cloud Consultant Accredited Professional Exam exam
Question #: 27
Topic #: 5
[All Revenue Cloud Consultant Accredited Professional Exam Questions]

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?

Show Suggested Answer Hide Answer
Suggested Answer: B

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.


by Clement at Jul 01, 2024, 06:17 PM

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Curt
20 days ago
This is a tax-related question? I thought we were talking about the perfect recipe for a 16-minute 52-second egg. Hmm, what do you mean 'tax exempt'? Does that mean I can eat the whole carton?
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Arlette
4 days ago
B) Use automation to set the Tax Rule based on the value of the custom field
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Cory
5 days ago
A) Use automation to set the Tax Treatment based on the value of the custom field
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Jose
25 days ago
Option D is the clear winner here. Automating the Billing Rule is essential for a smooth customer experience, and it syncs up nicely with the industry field.
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Zona
29 days ago
All these options look decent, but I'd have to go with Option C. Automating the Revenue Recognition Rule is the key to ensuring accurate financial reporting.
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Mabel
18 days ago
Option C sounds like the best choice. Automating the Revenue Recognition Rule is crucial for accurate financial reporting.
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Paris
1 months ago
I'm leaning towards Option A. Setting the Tax Treatment based on the custom field seems like a more flexible approach that could handle future changes in tax rules.
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Jeniffer
3 days ago
User 2: I agree, setting the Tax Treatment based on the custom field seems like a smart choice.
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Galen
6 days ago
User 1: I think Option A is the way to go. It allows for flexibility in handling future tax rule changes.
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Nobuko
9 days ago
User 3: Option A sounds like the most practical solution for this requirement.
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Artie
10 days ago
User 2: I agree, setting the Tax Treatment based on the custom field seems like a smart choice.
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Alverta
14 days ago
User 1: I think Option A is the way to go. It allows for flexibility in handling future tax rule changes.
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Luis
1 months ago
I think setting the Revenue Recognition Rule (C) might be too broad for this specific requirement.
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Howard
1 months ago
Option B is the way to go. Automating the Tax Rule based on the industry field is the most straightforward solution to this requirement.
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Gary
24 days ago
User 2: I agree, automating the Tax Rule based on the industry field makes sense.
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Jarvis
29 days ago
User 1: I think option B is the best choice.
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Valentin
1 months ago
I believe using automation to set the Tax Rule based on the custom field value (B) could also be a valid solution.
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Dortha
2 months ago
I agree with Louvenia, setting the Tax Treatment makes the most sense for this requirement.
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Louvenia
2 months ago
I think the appropriate solution is to use automation to set the Tax Treatment based on the value of the custom field (A).
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