Cvent Practice Exam

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What does the status "submitted proposal" signify for the planner?

The planner canceled the RFP
The proposal was received and acknowledged
The venue has declined the proposal
The venue responded to the RFP with a proposal

The correct answer is: The venue responded to the RFP with a proposal

The status "submitted proposal" signifies that the venue has responded to the Request for Proposal (RFP) with a proposal. This indicates that the planner has successfully received a proposal document from the venue, detailing their offerings, pricing, and terms in response to the initial inquiry for event space or services. Understanding this status is crucial for planners as it marks a key step in the planning process, allowing them to evaluate the options provided by various venues and make informed decisions based on the proposals received. The other options do not accurately reflect this status; for instance, if the planner had canceled the RFP, there would not be a proposal submitted to acknowledge. Similarly, a decline from the venue would imply no proposal was received, and acknowledgment of receipt suggests there was no active response yet, contrary to the notion of an actual proposal being submitted.