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QUESTION NO: 1
Which of the following statements are true regarding Milestones with No-Release Order
Contracts?
Please choose the correct answer.
Response:
A. The tolerance is the percent above the maximum amount that can be invoiced or received against the milestone item
B. All of the above
C. Only a and b
D. The maximum amount is the total amount that can be invoiced or received against the milestone item
E. They are only used for notification and bookkeeping purposes.
Answer: B
QUESTION NO: 2
Norelease order contracts are typically used for services and need to handle which of the following aspects of service procurement?
There are 3 correct answers to this question.
Response:
A. Deliverables and milestones
B. Recurring and fixed costs
C. Complexity
D. Need for more detailed effort analysis
E. Need for more detailed analysis of resource utilization
Answer: A,B,C
QUESTION NO: 3
Prior to making significant new investments, companies want to understand which of the following?
Please choose the correct answer.
Response:
A. Improve business intelligence
B. Only a and c
C. Scope of the proposed solution
D. All of the above
E. Realize Return on Investment
Answer: D
QUESTION NO: 4
Change orders are allowed only under which of the following conditions?
There are 2 correct answers to this question.
Response:
A. Change orders are allowed in your Ariba Procurement Solution
B. The PO has no status
C. Your ERP supports change orders (and ERP is not involved in the ordering process)
D. The supplier accepts change orders
Answer: A,D
QUESTION NO: 5
Which of the following statements are true regarding Rating suppliers?
There are 2 correct answers to this question.
Response:
A. A supplier's average rating doesn't appear publicly on Ariba Discovery
B. Ratings are temporary
C. You can only rate suppliers that you have interacted with.
D. You can only rate a supplier once per posting.
Answer: C,D
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Updated: May 26, 2022