PreviousUnit 7 of 8 Check Your Knowledge2 min.1.Which three things do you need to do when you set up a purchase contract?Set up auto-approval on the purchase contractSet up price type for linked expensesChoose a next review dateSet up a contract manager2. Which statement is true about a new purchase contract created from scratch from the Purchase Contracts page? You can upload a receipt directly into the Purchase Contract card to get started.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.3.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 reviewYou can start the review from the purchase contract by selecting "Start Review"The purchase contract can be set up to be automatically approvedThe purchase contract can be reviewed by all Continia usersThe approver can access the review task via a Cue on the Role CenterCheck your answers