Salesforce CPQ Exam Study Guide questions with correct answers

How does the package identify whether a Product is one-time or Subscription - Answer If the subscription pricing method field has a value, it is a subscription product If I want to get a custom field value from my product onto my output document, on which object will I need to create the corresponding twin field? - Answer Quote Line Definition: Product Options: - Answer Additional products in the bundle that contribute to the bundle's package price. They can be associated with product Features and define how the different components behave in relation to configuration, pricing and constraints What is the API Name of the Product object for SBQQ? - Answer Product2 What does marking Component = TRUE do in the Line Editor? - Answer Product Option will no longer appear in the Line Editor What does Exclude from Opportunity do to a Product? - Answer The Product will not be transferred to the Opportunity What is the difference in the Type of field of Component, Accessory, and Related Product? - Answer ●Component - completely dependent, quantity and existence of the option