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TRUE OR FALSE: CPQ supports custom quote fields for reporting purposes.

  1. True

  2. False

  3. Only with external applications

  4. True, but limited to specific fields

The correct answer is: True

The statement that CPQ supports custom quote fields for reporting purposes is true. Salesforce CPQ allows users to create and customize quote fields according to their business needs, enhancing the ability to capture specific data relevant to their sales processes. This feature enables organizations to tailor their reporting more effectively, as the custom fields can be leveraged in reports to provide insights into pricing, product offerings, discounts, or other critical sales metrics. By enabling the customization of quote fields, CPQ ensures that organizations can track and analyze information that is unique to their operations, which ultimately helps in making informed business decisions. This flexibility is essential for aligning the CPQ system with the specific goals and needs of the sales team. The other options suggest varying levels of support or limitations that do not accurately reflect the capabilities of CPQ in relation to custom fields. The software genuinely supports custom fields, making this statement valid and beneficial for users aiming to maximize their reporting efficiencies.