Check Your Knowledge

• 3 min.

1. 

A purchase contract is due for its annual review. Which of the following statements are true? (Select 2 correct answers)

You can only cancel a purchase contract at the time of the annual review
You can start the review from the purchase contract by selecting "Start Review"
The purchase contract can be set up to be automatically approved
The purchase contract can be reviewed by all Continia users
The approver can access the review task via a Cue on the Role Center
2. 

Which three things do you need to do when you set up a purchase contract?

Choose a next review date
Set up a contract manager
Set up price type for linked expenses
Set up auto-approval on the purchase contract
3. 

Which statement is true about a new purchase contract created from scratch from the Purchase Contracts page?

You don't need to have with an existing expense to start a purchase contract.

Most details needed for the purchase contract will automatically be filled in for you.

You can upload a receipt directly into the Purchase Contract card to get started.
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