Which hierarchical type can you select in the contract request wizard to create contract hierarchies?

Prepare for the SAP Ariba Procurement Exam. Study using flashcards and multiple choice questions with hints and explanations to boost your confidence. Get exam-ready!

In the context of the contract request wizard within SAP Ariba, creating contract hierarchies is a critical capability that allows organizations to manage complex contractual relationships effectively. All types of agreements listed—master agreement, standalone agreement, and sub-agreement—can play a role in establishing these hierarchies.

A master agreement serves as an overarching contract that encompasses various subordinate agreements, providing a unified set of terms and conditions. This structure allows for the management of multiple related agreements under one framework, thus facilitating a more organized contract management process.

Standalone agreements, while not inherently part of a hierarchical structure, can still exist independently but can be linked to master agreements as needed. This can create a form of hierarchy where standalone agreements fall under the broader umbrella of a master agreement.

Sub-agreements are specifically designed to be associated with a master agreement. They detail terms that apply to specific transactions or projects under the guidance of the master agreement, making them a key component of contract hierarchies.

The option stating "All of the above" reflects the flexibility and interconnectedness of these agreement types in SAP Ariba’s contracting system, allowing for the establishment of comprehensive contract hierarchies that can adapt to various business needs and scenarios.

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