Revenue-Cloud-Consultant-Accredited-Professional Exam Dumps | A Revenue Cloud Project has a requirement where a Product can be either taxable or taxexempt depending

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Question 17/40

A Revenue Cloud Project has a requirement where a Product can be either taxable or taxexempt depending on a custom field that holds the industry. what is the appropriatesolution to address this Requirement?

A. Use Automation to set Tax Treatment Based on the value of the custom field.

B. Use Automation to set Billing Rule Based on the value of the custom field.

C. Use Automation to set Tax Rule Based on the value of the custom field.

D. Use Automation to set Revenue Recognition Rule Based on the value of the customField.

Correct Answer: A

In Salesforce Revenue Cloud, tax treatment can be automated based on the value of a custom field. This is particularly useful when a product's tax status (taxable or tax-exempt) depends on a specific attribute, such as the industry in this case1. By using automation, the system can automatically determine the appropriate tax treatment for each product based on the industry value in the custom field1. This not only ensures accuracy but also improves efficiency by eliminating the need for manual intervention1. References
* Salesforce Introduces Revenue Cloud to Help Businesses Accelerate Revenue Growth Across Any Channel - Salesforce Sales

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