A parent/child price list structure in Salesforce Industries CPQ is particularly useful for: A. Creating child price lists for different regions: This allows for regional variations in pricing to be managed under a single overarching parent price list. Different prices can be set for different regions while maintaining a consistent base structure. B. Applying rules to child price lists: Rules applied at the parent level can cascade down to child price lists, or specific rules can be applied directly to child price lists, allowing for flexible, hierarchical pricing management.

This structure enhances the flexibility and manageability of pricing strategies across different market segments or regions, maintaining coherence in pricing adjustments and rules application.