IBM Tivoli Monitoring V6.3 Implementation — Question 56

The buyer for a vendor received an offer to acquire a specific item and if a certain quantity is ordered, a specific cost for that item will be given. Which purchase contract type needs to be created?

Answer options

• A. Price
• B. Master
• C. Blanket
• D. Purchase

Correct answer: D

Explanation

The correct answer is D, as a Purchase contract is specifically established for individual transactions where the buyer commits to acquiring a certain item at a defined price. The other options, while relevant in purchasing contexts, do not directly pertain to the scenario of committing to a specific purchase based on quantity.