After a Contract has been created and activated, what is an appropriate use of automation...

Renewal Quoted should be checked as early as possible, and Renewal Forecasted should be checked when the quote is due for renewal

Check both Renewal Forecasted and Renewal Quoted fields simultaneously, as soon as the contract is activated

Renewal Forecasted should be checked as early as possible, and Renewal Quoted should be checked near Contract End Date

Check both Renewal Forecasted and Renewal Quoted fields simultaneously, closest to the renewal date.