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1. What is SAP Ariba's best practice for contracts documents that contain similar text in the clauses?
A) Whenever possible, reword similar clauses to create a standard clause used in multiple agreements
B) Clauses for documents should NOT be changed because they were approved by the legal department
C) Use a condition to insert the right clause into the document when the workspace is created
D) Decide on the best constructed clause and use the other clauses as alternate or fallback clauses
2. When you create a Sub-agreement, which of the following hierarchy types are required for a Parent Agreement?
A) Stand alone Agreement or Master Agreement
B) Stand alone Agreement or Sub-Agreement
C) Master Agreement, Stand alone Agreement. or Sub-Agreement
D) Master Agreement or Sub-Agreement
3. What does SAP Ariba recommend for importing legacy contracts? Note: There are 2 correct answers to this question
A) Include signature tasks within the legacy load template
B) Load all legacy contract workspaces in Published status to prevent manual publication (Missed)
C) Special characters must be removed from document names and CANNOT be included in the contract workspace or document values (Missed)
D) If the load includes master and sub-agreements, make sure to list the sub-agreement first, above the related master agreements
4. When you run a report in the background, which of the following options are available in Ariba Contract Management? Note: There are 3 correct answers to this question
A) List of users to be notified
B) Auto-schedule based on previous criteria (Missed)
C) List of external e-mail addresses to be notified (Missed)
D) Exportable in PDF format
E) Number of days to retain data (Missed)
5. Besides the Effective Date attribute, which other attributes are required when you set up an auto- renewing contract? Note: There are 2 correct answers to this question
A) Number of renewals (Missed)
B) Renewal term (Missed)
C) Contract type
D) Agreement date
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: B,C | Question # 4 Answer: A,B,E | Question # 5 Answer: A,D |
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