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Yes. We set the color code for the Ranking / Category in Vendor Questionnare. Go to Setup > Quotation management > Questionnaire Score % Settings > Color Code of this Category Ranking, Under this option select the color and save. Once saved the Ranking will be shown with the set color.
We can set a total 5 number of approvers for Vendor Questionnaire.
Go to setup > Quotation management > Number of Approval For Vendor Questionnaire, Select the number of approvers and save.