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What type of field is required on the Quote Line to apply a Price Rule?

  1. Discount Field

  2. Target Field

  3. Price Field

  4. Product Field

The correct answer is: Target Field

A Price Rule is an automation feature in Salesforce CPQ that allows for dynamic pricing adjustments based on various conditions. To successfully apply a Price Rule, it is essential that the Price Rule targets a specific field on the Quote Line. The correct type of field required for this purpose is the Target Field. The Target Field is where the value adjusted by the Price Rule will be applied. This means that when conditions specified in the Price Rule are met, the field designated as the Target Field is updated accordingly. This could include fields related to discounts, total prices or other pricing-related metrics depending on the business needs. Understanding this concept is crucial for accurately configuring pricing strategies in Salesforce CPQ, as it ensures that Price Rules effectively influence the appropriate Quote Line fields, leading to accurate and consistent pricing across quotes.