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C-ARP2P-18Q3 PDF DEMO:
QUESTION NO: 1
Which of the following statement(s) is/are true regarding Supplier Enablement?
Please choose the correct answer.
Response:
A. Supplier Enablement will fundamentally change a business forever
B. None of the above
C. It is an internal IT Project that just requires the installation and configuration of a piece of technology by a limited part of the business, whilst everything else remains the same
D. Both a and b
Answer: A
QUESTION NO: 2
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: 3
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: 4
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: 5
For Contract Management, which of the following is the best practice adoption based on
Maverick Spending?
Please choose the correct answer.
Response:
A. Contract management system is integrated with eRFX/e-Auction system to pre-populate relevant information into the contract
B. Electronic repository with the ability to share contracts with other employees for collaboration, version control, searching and options to set reminders of key expiration/renewal dates
C. None of the above
D. Organization has ability to monitor supplier compliance with contract term; asnd performs regular reviews of contracts to insure terms and conditions are being met
Answer: D
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Updated: May 26, 2022