What are some of the benefits of requiring pre-bids during the preview period of an auction?

• A.Suppliers can verify if they cansupply the items at or below the starting price
• B.Suppliers can see their rank before the auction opens
• C.Supplier can verify if they can supply the items as designed;
• D.Suppliers can be restricted from participating in an action until they submit a starting price;
• E.Suppliers can review the number of suppliers participating in the auction

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What options are available to split or partially award lotswith multiple line items?

• A.Only a partial percentage of the lot awarded
• B.All line items in the lot split by a quantity
• C.All line items in the lot split by percentage
• D.Each line item awarded to a different supplier

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What event type does the unstructured Excel import support?

• A.inRFP events
• B.Large-capacity events
• C.Auctions
• D.RFI events

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How can you add content when modifying your event? Note: there are 2 correct answers to this question.

• A.Details are inherited from thetemplate
• B.Copy information from clause library
• C.Add information manually to the event
• D.Import information from supplier registration

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

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

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