ServiceNow Certified Implementation Specialist – Hardware Asset Management — Question 64

Which of the following are valid contract states during a contract’s lifecycle? (Choose four.)

Answer options

• A. Draft
• B. Canceled
• C. Renewed
• D. Extended
• E. Active
• F. Renegotiated
• G. Expired

Correct answer: A, B, E, G

Explanation

The correct answers are Draft, Canceled, Active, and Expired, as these represent the recognized states in a contract's lifecycle. Renewed, Extended, and Renegotiated are not standard contract states and do not accurately describe the lifecycle phases.