Multiple choice technology packaged enterprise solutions

Request for Quotation can be Autocreate as Quotation

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

RFQ (Request for Quotation) is sent TO suppliers to request quotes. Quotation comes FROM suppliers as their response. These are different document types flowing in opposite directions, so an RFQ cannot be autocreated into a Quotation.

AI explanation

A Request for Quotation (RFQ) is not itself autocreated into a Quotation; rather, a supplier's response to an RFQ is manually entered as a Quotation, or an existing RFQ document is copied into a new Quotation record using the Copy Document function. AutoCreate in Oracle Purchasing is used to turn requisition lines into RFQs or purchase orders, not to turn RFQs into quotations, so the statement is false.

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