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

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

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What preference needs to be set with a value of 1 or above to make content scorable?
Please choose the correct answer.
Response:

• A.Overall percentage
• B.Weight
• C.Target grade
• D.Importance

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You are configuring an approval task in a template. There is only one approver for the task. What are the advantages of creating the approver as a group instead of a user? There are 2 correct answers to this question.

• A.Ease of administration: It is easier to add/remove users to or from groups than it is to change the task.
• B.Notifications: You can only configure the notifications for groups, not for users.
• C.Delegation: Users cannot delegate approval tasks to others unless they are in the same group.
• D.Future-proofing: You may want to have multiple approvers in the future.

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Which of the following can be used to prevent suppliers form outbidding the lead bid by marginal amounts?
Note: there are 2 correct answers to this question.

• A.Bid decrement
• B.Protect lead bid with front buffer of
• C.Protect lead bid with back buffer of
• D.Bid guardian percentage

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Which of the following factors would influences the success of an auction?

• A.Participants are bidding in multiple currencies
• B.There are wide variations in product standards
• C.Raw material prices for the suppliers are rising
• D.The supply base is competitive

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