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Salesforce Exam Revenue Cloud Consultant Accredited Professional Topic 7 Question 24 Discussion

Actual exam question for Salesforce's Revenue Cloud Consultant Accredited Professional exam
Question #: 24
Topic #: 7
[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?

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 Kati at May 22, 2024, 08:01 PM

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Hershel
11 months ago
Ah, the age-old debate: Tax Rule or Billing Rule? I say, why not both? Double the fun, double the profit.
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Remona
11 months ago
Revenue Cloud, huh? Sounds like a party in the cloud. I'll go with Option D just to keep things interesting.
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Nenita
10 months ago
Automation for the win! Option D it is.
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Essie
10 months ago
Yeah, setting the Billing Rule based on the custom field value makes sense.
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Katheryn
10 months ago
I think Option D is the way to go.
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Maryanne
11 months ago
Hmm, I'm not sure. Option C about the Revenue Recognition Rule sounds intriguing, but I'll have to think about that one a bit more.
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Nicholle
10 months ago
C) Use automation to set the Revenue Recognition Rule based on the value of the custom field
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Sommer
10 months ago
I agree, setting the Tax Treatment based on the custom field value seems like the way to go.
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Ira
10 months ago
B) Use automation to set the Tax Rule based on the value of the custom field
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Celestina
10 months ago
A) Use automation to set the Tax Treatment based on the value of the custom field
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Alisha
10 months ago
I think option A makes the most sense.
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Anissa
10 months ago
I agree, option C seems a bit off for this requirement. Option A seems like the best choice.
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Willodean
11 months ago
I think option A makes more sense, setting the Tax Treatment based on the custom field value.
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Dewitt
12 months ago
I think Option A is the way to go. Automating the Tax Treatment is the easiest and most straightforward solution.
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Holley
12 months ago
Option B seems like the way to go. Setting the Tax Rule based on the custom field makes the most sense for this requirement.
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Catarina
10 months ago
Agreed, automation for setting the Tax Rule based on the custom field is the way to go.
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Hailey
11 months ago
It's important to have the system automatically determine the tax status based on the industry field.
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Hildegarde
11 months ago
I think using automation for setting the Tax Rule is the most efficient way to handle this requirement.
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Billi
11 months ago
It definitely simplifies the process by automating the tax treatment based on the custom field value.
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Audry
11 months ago
I agree, using automation to set the Tax Rule based on the custom field is the most appropriate solution.
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Albina
11 months ago
Setting the Tax Rule based on the custom field is the most logical solution.
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Georgiana
11 months ago
I agree, option B is the best choice for this requirement.
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Audry
11 months ago
Option B seems like the way to go. Setting the Tax Rule based on the custom field makes the most sense for this requirement.
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