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EOQ Trivia - CPQ, DD, CNA and ALL the acronyms

Total questions: 23

Worksheet time: 10mins

Name
Class
Date
1.

The first day of Fall in 2022 is...

a)

Today (9/22)

b)

Yesterday (9/21)

c)

Tomorrow (9/23)

d)

It's always Fall-o-clock somewhere

2.

What does CPQ stand for?

a)

Customer Pricing Quote

b)

Customer Purchasing Quality

c)

Configure Price Quote

d)

Configure Perfect Quotes

3.

How do you create the MSA (Master Service Agreement) in the new CPQ?

a)

From the Opportunity Record

b)

From the Account Record

c)

From the Quote Record

d)

Submit a DDR for Deal Desk to create it

4.

You're putting together a contract for a prospect, but they can only sign for a 12-month period (sad trombone plays). What is the added cost for this term?

a)

10% markup

b)

It's the same for 12 or 24 months

c)

8% markup

d)

5% markup

5.

A new feature with DocuSign is the ability to send the PA for someone (a counterparty) to review. This allows the counterparty to view the Purchase Agreement and make modifications within DocuSign.

a)

True

b)

False

6.

You submitted a contract with redlines via DDR for document review, Deal Desk was a tremendous help, accepted the changes, and then closed out the DDR. The client/prospect comes back with additional redline edits for review. What do you do?

a)

Chatter back on the original DDR

b)

Open a new DDR, upload contract for review

c)

Tell them "no"

d)

Load it onto a Raven and send over the Narrow Sea to Westeros.

7.

You've successfully convinced a CMO to add a FD leader seat to her contract. Her current contract expires June 2023 and she wants this new FD leader to tie into that contract. To co-term it (amend it), you'll click "Amend" from the...

a)

Opportunity Record

b)

Quote Record

c)

Contract Record

d)

Account Record

8.

According to the Google, High Deity of the Interwebs, persons born on September 22 are on the cusp of these two Zodiac signs and may have traits of both.

a)

Virgo and Scorpio

b)

Virgo and Libra

c)

Libra and Scorpio

d)

Leo and Virgo

9.

A start date of 10/1/22 is a booking for the September if the contract is signed and submitted for approval by the booking deadline of Midnight EST / 9PM PST on 9/30/22.

a)

True

b)

False

10.

While negotiating a contract, offering free product, future discounts or trials to encourage the buyer to sign the contractual documentation is permitted if it will help you close the deal.

a)

True

b)

False

11.

On this day in 1981, she was the first woman appointed to the U.S. Supreme Court.

a)

Ruth Bader Ginsburg

b)

Sandra Day O'Connor

c)

Madeleine Albright

d)

Elizabeth Dole

12.

In order to book a deal with a Consulting project included, you'll need to submit an Order submission DDR that includes...

a)

1. Consulting Proposal (SOW)

2. Internal Price Guide (for TEI only)

b)

1. Consulting Proposal (SOW)

2. Internal Price Sheet

3. Internal Price Guide (for TEI only)

c)

1. Signed PA with SOW attached to it

13.

Ground cinnamon, ginger, nutmeg, and allspice or cloves are used to make...

a)

you sneeze

b)

chai latte

c)

pumpkin spice blend

d)

shark repellent

14.

You're working to bring on a new prospect, but they'll need quarterly billing to get the deal done on their end. What is the minimum order value to qualify for quarterly billing?

a)

$40,000

b)

$80,000

c)

$70,000

d)

$60,000

15.

You did it, you booked the deal. The customer did not use our Docusign workflow and requests you send the fully executed contract to them ASAP. When will we upload the fully executed agreement to Salesforce?

a)

3 business days

b)

5 business days

c)

7 business days

d)

8 business days

16.

The client prefers to use their DocuSign and to send us the contract to sign. Who should you instruct them to send it to?

a)

Forrester Research Inc

George Colony

CEO

dealdesk@forrester.com

 

Forrester Research Limited

Chris Finn

CFO

edealdesk@forrester.com

b)

Forrester Research Inc

Chris Finn

CFO

dealdesk@forrester.com

 

Forrester Research Limited

Shannon Guiney

VP of Finance

sguiney@forrester.com

c)

Forrester Research Inc

Kelley Hippler

CSO khippler@forrester.com

 

Forrester Research Limited

Natalie Elson

Director

edealdesk@forrester.com

d)

Forrester Research Inc

Chris Finn

CFO

dealdesk@forrester.com

 

Forrester Research Limited

Natalie Elson

Director

edealdesk@forrester.com

17.

The September birthstone has traditionally symbolized sincerity, truth, faithfulness and nobility. For countless centuries, _____has adorned royalty and the robes of the clergy. The elite of ancient Greece and Rome believed that _____ protected their owners from harm and envy. What is the September birthstone?

a)

Diamond

b)

Sapphire

c)

Amethyst

d)

Emerald

18.

If you sell an FD Leader service, how often can the leader swap to another service throughout the year?

a)

Never. They need to debook / rebook.

b)

One time to another FD Service.

c)

One time to FMI or FD.

d)

As often as they'd like.

19.

With gross sales of $123,403,419, this is the highest grossing film for the month of September in the US.

a)

It

b)

Hotel Transylvania 2

c)

The Exorcist

d)

Sweet Home Alabama

20.

A Purchase Order number (PO) is required for Clients with the PO checkbox checked in SFDC.  The PO checkbox is checked for Customers when they inform Forrester that they will not pay the invoice without a PO # appearing on the invoice.  If a client is not marked as PO required, but still gives you a PO#, you should make note of that in the order submission DDR.

a)

True

b)

False

21.

You're configuring products on your quote. You quoted the prospect at a 3% markup. To get your quote to calculate the markup, you'll need to...

a)

Adjust the price at the line item level for the product you want to markup

b)

Enter "3%" to the Additional Discount % field

c)

Enter the total price with markup in the "Target Customer Amount" field

d)

Enter " - 3%" to the Additional Discount % field

22.

You have a verbal on an FD Leader Seat and an Advisory day for each year on a 24 month contract. When configuring the products in the quote, you will need to edit the quantities to reflect the per year amounts. Which configuration is correct for a 24 month contract?

a)

CPQ will automatically update the quantity for all products for the full term.

b)

1x FD Leader

2x Advisory Days

c)

2x FD Leader

2x Advisory Days

23.

"Do you remember The 21st night of September?" is the opening line to the song "September" by _____?

a)

Stevie Wonder

b)

Prince

c)

The Eagles

d)

Earth, Wind & Fire