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CIPS L4M7 exam
  • Exam Code: L4M7
  • Exam Name: CIPS Whole Life Asset Management
  • Version: V12.35
  • Q & A: 70 Questions and Answers
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NEW QUESTION: 1
Your customer is implementing the full suite of Cloud procurement. They would like to know how best they can utilize the Contract Terms library.
Identify three applications from where users can access the Contract Terms library for setting up "contract terms" for different documents.
A. Procurement Contracts
B. Purchasing
C. Self Service Procurement
D. Sourcing
E. Supplier Model
Answer: A,B,D
Explanation:
Explanation/Reference:
C: The procedure for conducting and awarding a two-stage RFQ in Fusion Sourcing quote information includes contact terms.
D: Adding Contract Terms
If Oracle Fusion Procurement Contracts is installed and configured, you can access contract information created and stored in Procurement Contracts and associate it with your negotiation document. Such information could identify important deliverables or contract clauses suppliers must provide along with the timeline governing the deliverable management.
E: In Oracle Fusion Purchasing a purchase order can be created through an automated process or entered manually.
You can communicate your purchase orders and agreements along with any amendments, attachments, contract terms, and contractual deliverables to suppliers using print, fax, or e-mail.
References: Oracle Procurement Cloud Using Procurement (Release 9), pages 155, 213, and 248

NEW QUESTION: 2
The practical effect/s of Special Valuation Rules is/ are:
A. Non-lapsing conversion rights
B. Flexible and optional redemption rights
C. Non-voters having voting rights
D. Cumulative dividends or distribution rights
Answer: A,D

NEW QUESTION: 3
You are the Cloud Architect of a company, and are designing a solution on Oracle Cloud Infrastructure where you want to have all your compute instances resistant to hardware failure.
Which two are recommended best practices to achieve the requirement on Oracle Cloud Infrastructure?
(Choose two.)
A. Create backups of your block volumes that are associated with compute instances in different regions.
B. Create a custom image of your system drive each time you change the image.
C. Design your system with redundant compute modes in different Availability Domains to support the failover capability.
D. Attach block volumes from different Availability Domains to compute instances in different Availability Domains for high availability.
Answer: B,C
Explanation:
Explanation/Reference:
Reference: https://docs.cloud.oracle.com/iaas/Content/Compute/References/bestpracticescompute.htm

NEW QUESTION: 4
Which of the following will you install to use Information Rights Management?
A. Windows SSH Client
B. Windows Messenger Client
C. Windows Right Management Client
D. Windows NFS Client
Answer: C

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