Oracle Financials Cloud: Accounts Receivable 2017 Implementation Essentials — Question 10

During a Procurement Contract implementation, a customer would like to set up their own line type for buying services. They intend to use this line for negotiating terms for future purchase of service and do not have a defined scope of work.
Identify the source that the customer needs to select while creating the line type to meet this requirement.

Answer options

Correct answer: A

Explanation

The correct answer is A, 'Item, buy', as it allows for the creation of a line type specifically for purchasing items or services without a defined scope. Options B and C involve agreements that require more structure and defined terms, which do not align with the customer's need for flexibility in negotiating future services. Option D, 'Free form, buy', is less suitable because it does not provide the same level of specification for buying services as 'Item, buy' does.