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The Salesforce IPQ-499 exam covers a wide range of topics, including CPQ architecture, product modeling, pricing and discounting, quote generation, and order management. You will also be tested on your knowledge of Salesforce tools and technologies such as Apex, Visualforce, and Lightning Components. IPQ-499 exam consists of 60 multiple-choice questions, and you will have 90 minutes to complete it. To pass, you need to score at least 65%.

Reference: https://trailheadacademy.salesforce.com/classes/ipq499-design-and-build-a-working-industries-cpq-solution#

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Through Salesforce IPQ-499, professionals can expect to learn about a range of topics related to designing and building an Industries CPQ solution. This includes Product Bundles, Advanced Product Rules, Pricing, Agreement, Order management, Product catalog management, and more.