Online Access Free C-ARSOR-2404 Practice Test

Which of the following event templates are intended to sell goods that you have in stock?

• A.Reverse auction
• B.Forward auction
• C.RFI
• D.RFP

When is the Ariba Review button available? Note: There are 2 correct answers to this question.

• A.When the event is in draft status
• B.After publishing, while monitoring
• C.On the summary step before publish
• D.When a test event is set to Yes

Which bidding format is intended to be used when pricing terms are not equal across suppliers?

• A.Bid transformation
• B.Total cost
• C.Index-based
• D.Price breakdown

Which of the following is recommended when exchange rates will change before an event ends, and you need to capture the price changes in the event?

• A.Allow pricing conditions to have duration periods for prices.
• B.Mandate suppliers to adjust bids upon submission through alternative responses.
• C.Project owners can create new versions of the event to update the rates and republish.
• D.Customer administrators can update/import exchange rates in the system as they change.

When building a new term for your lot or line item, what is the purpose of the "Include in Cost" field?

• A.Determines how the term is added to the formula
• B.Includes another line for cost
• C.Makes it visible to the participant
• D.Determines the acceptable value