QUESTION NO: 1
Which two of the following would be unlikely to increase value for money for an organisation?
Which two of the following would be unlikely to increase value for money for an organisation?
Correct Answer: A,D
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QUESTION NO: 2
It is thought that the cause of a negative variance in the materials budget is the poor negotiation skills of procurement staff. Which of the following (select two) would be a move in the right direc-tion to remedy this situation?
It is thought that the cause of a negative variance in the materials budget is the poor negotiation skills of procurement staff. Which of the following (select two) would be a move in the right direc-tion to remedy this situation?
Correct Answer: A,D
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QUESTION NO: 3
KPIs should be:
KPIs should be:
Correct Answer: A
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QUESTION NO: 4
Use of competition is most obviously going to influence which of the following 'rights'?
Use of competition is most obviously going to influence which of the following 'rights'?
Correct Answer: C
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QUESTION NO: 5
The crime of obtaining money through threats or force, is called:
The crime of obtaining money through threats or force, is called:
Correct Answer: C
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QUESTION NO: 6
'The act of drawing the attention of someone in authority, to an alleged instance of unethical con-duct', is called:
'The act of drawing the attention of someone in authority, to an alleged instance of unethical con-duct', is called:
Correct Answer: C
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QUESTION NO: 7
The price / cost ...
The price / cost ...
Correct Answer: D
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QUESTION NO: 8
In the period in question, the budget for staff overtime and bonuses is zero.
The actual expenditure is 2,900.
Is this variance:
In the period in question, the budget for staff overtime and bonuses is zero.
The actual expenditure is 2,900.
Is this variance:
Correct Answer: A
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QUESTION NO: 9
Individuals, units, teams, groups or organisations that have an influence over procurement, or which are affected by procurement operations, can be called:
Individuals, units, teams, groups or organisations that have an influence over procurement, or which are affected by procurement operations, can be called:
Correct Answer: A
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QUESTION NO: 10
In a tender process, if a bidder realises there is a mistake in their bid submission, for most buying organisations, under what circumstances will the buyer allow the bidder to alter their submission, to correct their error?
In a tender process, if a bidder realises there is a mistake in their bid submission, for most buying organisations, under what circumstances will the buyer allow the bidder to alter their submission, to correct their error?
Correct Answer: A
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