Online Access Free C_ARSOR_19Q4 Exam Questions

What are some of the benefits of requiring pre-bids during the preview period of an auction?
Note: There are 3 correct answers to this question.
Response:

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

What type of content items could be created if a document does NOT require a response?
There are 2 correct answers to this question.
Response:

• A.Requirement
• B.Attachment
• C.Line item
• D.Section

What activities should be completed before an auction begins?
There are 2 correct answers to this question.
Response:

• A.Negotiate contract terms with the suppliers.
• B.Initiate the supplier performance management process.
• C.Identify the strategy for awarding the business.
• D.Complete supplier outreach and data collection.
• E.Conduct practice events for internal stakeholders and suppliers.

Which steps are required to set up a total cost term?
There are 3 correct answers to this question.
Response:

• A.Access the Sourcing Library for a list of approved terms.
• B.Add each term to the event template.
• C.Set the answer type and acceptable value for all non
• D.Create a line item within the event.
• E.Designate if the term is an adder, subtracter, multiplier, or percentage discount.

Your client wants to create automated approvals using the Sourcing Process Design Matrix workbook.
Which fields are required within the workbook?
There are 2 correct answers to this question.
Response:

• A.Group
• B.Project Group
• C.User
• D.Condition