Expected CPQ Specialist Exam Topics, as suggested by Salesforce :

• Module 1: CPQ Platform: In this section, topics discussed include how to design, set up, and maintain Price Rules using lookup objects and formula fields to meet business needs. It also discusses how to apply apply quote calculation sequence and how to utilize out-of-the-box and custom permissions, etc.
• Module 2: Bundle Configurations: In this section, the topics covered include how to set up a bundle structure to meet business requirements. It also covers how to configure product rules to meet business requirements.
• Module 3: Pricing: In this section, candidates are tested for their know-how of the appropriate pricing strategy such as Discount Schedules, Block Prices, Contracted Prices, subscription pricing, percent-of-total, and how to determine expected pricing outcomes.
• Module 4: Quote Templates: In this section, the focus is on configuring a Quote Template to meet business requirements.
• Module 5: Product Selection: In this section, the focus is on how to use Search Filters, field sets, and Custom Actions to enable product selection and configuration.
• Module 6: Products: This topic is all about setting up Products, Price Book Entries, and Price Books. Additionally, the topic explains the impact of product catalog setup on overall CPQ data flow.
• Module 7: Orders, Contracts, Amendments, and Renewals: This topic focuses on data required to generate Orders and Contracts. Moreover, the topic gives an understanding of generating renewal and amendment Quotes to meet business requirements.