Explanation/Reference:
You can use a negotiation style to control the look of the document and the features available. A style is a good way to create a streamlined negotiation.
Incorrect Answers:
A: Use descriptive flexfields to add custom attributes to business object entities, and define validation for them.
All the business object entities that you can use in the application are enabled for descriptive flexfields.
However, configuring descriptive flexfields is an optional task.
C: You can use a negotiation template to create a base negotiation document containing much of the line and supplierrelated information. Once you have a template defined, you can reuse it without having to reenter negotiation information.
D: Purchase order document styles allow organizations to control the look and feel of the purchasing document, not the negotiation document, in the application to match its business usage. Through reusable document styles, organizations can turn on or off various procurement features, thereby simplifying the user interface. In addition, document styles provide the ability to define purchasing document names that align more closely with the naming conventions of your organization's business.
E: Negotiation Type is one of the following: Auction, RFQ, RFI.
References: Oracle Procurement Cloud Using Procurement (Release 9), Page 212