Free Rev-Con-201 Questions Attempt

Comprehensive and Detailed Explanation From Exact Extract:

Revenue Cloud’s asset-based amendment and renewal flows use the Managed Asset Viewer Lightning Web Component to display the list of assets available for selection. This component determines which fields are displayed.

From the RLM Implementation Guide:

“The Managed Asset Viewer component controls the list and fields shown when selecting assets during amend, renew, or cancel processes.”

“To display custom or additional asset fields, configure the field set used by the Managed Asset Viewer.”

Updating the page layout or modifying the screen flow does not alter the fields shown in the Managed Asset Viewer.

Why other options are incorrect:

Page Layout changes do not influence the Managed Asset Viewer UI.

The guided flows reference the component, not individual flow screens.

Comprehensive and Detailed Explanation From Exact Extract:

In Salesforce Pricing (Revenue Cloud):

List Price is typically derived from the price book entry.

A formula-based pricing element can override the list price based on conditions (such as a custom “Emerging Market” flag on the quote).

Downstream pricing steps (discounts, totals, net prices) use this adjusted list price as the base.

Option A matches the documented pattern: override the list price using a formula element.

Option B confuses unit price vs list price as the base.

Option C puts the override into a custom field, which then would require additional custom logic for subsequent pricing steps.

Comprehensive and Detailed Explanation From Exact Extract:

In Revenue Cloud CLM / DocGen:

Conditional evaluation tokens are used to conditionally include or exclude sections or clauses based on data (for example, Account fields, contract fields).

They evaluate conditions at generation time and determine whether a clause block is rendered.

Variable tokens (A) insert values but do not control visibility. Repeating content tokens (C) are used for lists or repeated items, not conditional visibility.

Comprehensive and Detailed Explanation From Exact Extract:

Revenue Cloud project methodology emphasizes that early stages (discovery and design) must:

Identify key business challenges clearly.

Define measurable success metrics and outcomes (for example, quote cycle time reduction, billing accuracy, etc.).

While mapping challenges to features (B) is important, it comes after stakeholders align on what problems they are solving and how success will be measured. Reviewing APIs (A) is a technical task, not the primary responsibility of business stakeholders.