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

Actual exam question for Salesforce's Revenue Cloud Consultant Accredited Professional exam

Question #: 27
Topic #: 5

[All Revenue Cloud Consultant Accredited Professional 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?

AUse automation to set the Tax Treatment based on the value of the custom field

BUse automation to set the Tax Rule based on the value of the custom field

CUse automation to set the Revenue Recognition Rule based on the value of the custom field

DUse automation to set the Billing Rule based on the value of the custom field

Show Suggested 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

4 months 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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Luis

4 months ago

C) Use automation to set the Revenue Recognition Rule based on the value of the custom field

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Arlette

4 months ago

B) Use automation to set the Tax Rule based on the value of the custom field

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Cory

4 months ago

A) Use automation to set the Tax Treatment based on the value of the custom field

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Jose

4 months 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

5 months 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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Sheridan

3 months ago

Automation is key in ensuring accuracy, so Option C is the way to go.

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Cecilia

3 months ago

Setting the Revenue Recognition Rule based on the custom field value will definitely streamline the process.

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Gladys

3 months ago

I agree, Option C seems like the most logical solution for this requirement.

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Mabel

4 months ago

Option C sounds like the best choice. Automating the Revenue Recognition Rule is crucial for accurate financial reporting.

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Paris

5 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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