L3M3 Exam Questions

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L3M3 Prüfungsunterlagen - L3M3 Lerntipps, L3M3 Zertifikatsfragen - Wdh-Namgiang

Full Exam Name: Contract Administration
Vendor Name: CIPS
Exam Code: L3M3
Questions with Answers (PDF) 65
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NEW QUESTION: 1
Which three types of Jurisdictions should be considered while designing the Enterprise Structure?
A. Local Jurisdiction
B. Labor Jurisdiction
C. Identifying Jurisdiction
D. Transaction Tax Jurisdiction
E. Obligatory Jurisdiction
F. Income Tax Jurisdiction
Answer: C,D,F
Explanation:
Explanation
https://docs.oracle.com/cd/E51367_01/commonops_gs/FAESC/F1004343AN10971.htm#FAESC1004343 Jurisdiction is a physical territory such as a group of countries, country, state, county, or parish where a particular piece of legislation applies. French Labor Law, Singapore Transactions Tax Law, and US Income Tax Laws are examples of particular legislation that apply to legal entities operating in different countries' jurisdictions. Judicial authority may be exercised within a jurisdiction.
Types of jurisdictions are:
* Identifying Jurisdiction
* Income Tax Jurisdiction
* Transaction Tax Jurisdiction

NEW QUESTION: 2
As part of a company-wide IT Initiative to simplify and rationalize the technology and products used you have been tasked with defining an Enterprise Architecture. The Enterprise Architecture will be used to communicate the desired future state where redundant, deprecated, and undesired technology and products have been eliminated. Oracle products will be included. In the Enterprise Architecture, it will be products from other vendors, including products that directly compete with Oracle products.
Which option best describes how IT Strategies from Oracle (ITSO) material can be used while creating the Enterprise Architecture?
A. The Oracle Reference Architecture component of ITSO can be readily applied, but the Rest of ITSO cannot, because of product dependencies.
B. The ITSO material can be used without modification because it has no Oracle product dependencies.
C. The ITSO material can be used as reference material but will require customization to reflect specific products selected by the company.
D. The ITSO material cannot be used because ITSO applies to Oracle products only.
E. The Oracle Reference Architecture component of ITSO cannot be applied due to pre dependencies, but the rest of ITSO can be applied.
F. The ITSO material is not applicable to rationalization of IT asset
Answer: C
Explanation:
IT Strategies from Oracle (ITSO) is a series of documentation and supporting collateral designed to enable organizations to develop an architecture-centric approach to enterprise-class IT initiatives. ITSO presents successful technology strategies and solution designs by defining universally adopted architecture concepts, principles, guidelines, standards, and patterns.
ITSO is made up of three primary elements:
*Oracle Reference Architecture (ORA) defines a detailed and consistent architecture for developing and integrating solutions based on Oracle technologies. The reference architecture offers architecture principles and guidance based on recommendations from technical experts across Oracle. It covers a broad spectrum of concerns pertaining to technology architecture, including middleware, database, hardware, processes, and services.
*Enterprise Technology Strategies (ETS) offer valuable guidance on the adoption of horizontal technologies for the enterprise.They explain how to successfully
execute on a strategy by addressing concerns pertaining to architecture, technology, engineering, strategy, and governance. An organization can use this material to measure their maturity, develop their strategy, and achieve greater levels of success and adoption. In addition, each ETS extends the Oracle Reference Architecture by adding the unique capabilities and components provided by that particular technology. It offers a horizontal technology-based perspective of ORA.
*Enterprise Solution Designs (ESD) are industry specific solution perspectives based on ORA. They define the high level business processes and functions, and the software capabilities in an underlying technology infrastructure that are required to build enterprise-wide industry solutions. ESDs also map the relevant application and technology products against solutions to illustrate how capabilities in Oracle's complete integrated stack can best meet the business, technical and quality of service requirements within a particular industry.
Reference: IT Strategies from Oracle, An Overview, Release 3.0

NEW QUESTION: 3
CORRECT TEXT
Which tabs are restricted from multiple record types?
Answer:
Explanation:
Home, Forecasts, Documents, Reports, Consoles and Web tabs

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