100% Free CPQ-301 Practice Exam Questions and Answers

Stay Ahead with Latest CPQ-301 CPQ Specialist Practice Test Questions 2026

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Total 261 Questions | Updated On: Oct 25, 2026

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Question 1

An admin created a workflow rule to automatically generate the renewal Opportunity and Quote when a user activities the Contract. The Renewal Pricing Method is set to List. The original Quote contains only standalone fixed-price subscription products and non-subscription product.

What should the user see on the renewal Quote?

A : Additional discounts from the original Quote will automatically populate on the renewal.

B : The renewal Quote start date will be the Contract end date plus one day

C : Optional products from the original Quote will pull into the renewal.

D : All Quote Line items will be pulled through from the original Quote

Answer: A

Question 2

Which two scenarios can be supported using Amendments? Choose 2 answers

A : Change quantities of existing Products; apply different discounts than original Quote

B : Change quantities of existing Products; maintain same discounts as original Quote

C : Add new Products; co-terminate to existing Contract

D : Add new products; use different End Date from existing Contract

Answer: A,C

Question 3

An admin created a dynamic bundle and needs a Product Rule to limit which products users see when configuring the bundle.

Which type of Product Action should the Admin create to ensure that only a specific set of products may be selected for the dynamic bundle?

A : Optional filter

B : Show

C : Default filter

D : Enable

Answer: C

Question 4

The Require Approved Quote package-level setting prevents CPQ from generating records for which object?

A : Order

B : Quote Document

C : Contracted Price

D : Contract

Answer: A

Question 5

Universal Containers sells a total of 100 Products. There are 80 Products that are generally available for selection by all users (General Access). The remaining 20 Products should only be available to a certain group of users (Special Access).

Which Product Selection and Price Book strategy should the admin utilize to meet the requirement**

A : Create one Price Book that contains all 100 Products. Create a Validation Rule on the Quote o(M.ect to prevent selection of a Special Access Product based on the level of User access.

B : Create one Price Book that contains all 100 Products. Create a custom Product field to designate Genera! Access and/or Special Access. Utilize Hidden Search Filters to support dynamic Product visibility based on the level of User access

C : Create two Price Books: one General Access Price Book with the 80 generally available Products, and one Special Access Price Book with the 20 Special Access Products. Create automation to populate the appropriate Price Book ID Into the SBQQ__QuotePricebookld__c on the Opportunity.

D : A Create two Price Books: one General Access Price Book with the 80 generally available Products,and one Special Access Price Book with all 100 Products. Use Guided Selling to assign the appropriate Price Book based on the level of User access.

Answer: D

Page: 1 / 53

Total 261 Questions | Updated On: Oct 25, 2026

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