QUESTION NO: 1
Which of the following regulates barriers to the provision of services between countries?
Which of the following regulates barriers to the provision of services between countries?
Correct Answer: B
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QUESTION NO: 2
Standard terms and conditions should become the governing terms for which group of items?
Standard terms and conditions should become the governing terms for which group of items?
Correct Answer: B
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QUESTION NO: 3
The model form contract invented by Institute of Civil Engineers is...?
The model form contract invented by Institute of Civil Engineers is...?
Correct Answer: C
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QUESTION NO: 4
A Service Level Agreement (SLA) is a formal statement of performance. Which of the following are aspects of a service level agreement?
A force majeure clause
Key performance indicators
A penalty clause for non-performance
The legal jurisdiction of the contract
A Service Level Agreement (SLA) is a formal statement of performance. Which of the following are aspects of a service level agreement?
A force majeure clause
Key performance indicators
A penalty clause for non-performance
The legal jurisdiction of the contract
Correct Answer: B
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QUESTION NO: 5
A procurement professional is preparing a sale & purchase contract of a machinery. Which of the following clauses should be added to the contract? Select TWO that apply
A procurement professional is preparing a sale & purchase contract of a machinery. Which of the following clauses should be added to the contract? Select TWO that apply
Correct Answer: A,C
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QUESTION NO: 6
As part of a tender, which of the following are advantages that a purchasing organisation would expect to achieve by specifying that suppliers hold certification to an international environmental management standard, such as ISO 14001?
It provides assurance that bidders have achieved a common standard of practice It provides a guarantee that any polluting suppliers will be unable to tender The standard is recognisable to local and international bidders It removes the need to conduct internal environmental training
As part of a tender, which of the following are advantages that a purchasing organisation would expect to achieve by specifying that suppliers hold certification to an international environmental management standard, such as ISO 14001?
It provides assurance that bidders have achieved a common standard of practice It provides a guarantee that any polluting suppliers will be unable to tender The standard is recognisable to local and international bidders It removes the need to conduct internal environmental training
Correct Answer: A
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QUESTION NO: 7
Which of these describes "consideration" within a contract?
Which of these describes "consideration" within a contract?
Correct Answer: C
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QUESTION NO: 8
An example of a qualitative performance measure could be one that relates to opinions about the service quality of the supplier. Is this correct?
An example of a qualitative performance measure could be one that relates to opinions about the service quality of the supplier. Is this correct?
Correct Answer: C
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QUESTION NO: 9
Which of the following is always an advantage of using fixed price arrangement in a contract for buying organisation?
Which of the following is always an advantage of using fixed price arrangement in a contract for buying organisation?
Correct Answer: B
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QUESTION NO: 10
Which of the following is the best definition of "ultra vires"?
Which of the following is the best definition of "ultra vires"?
Correct Answer: A
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QUESTION NO: 11
As a result of a global pandemic, a local hospital is facing significant patient capacity pressures and would like the construction of a new 50-bed ward to be prioritised and fully operational at the earliest opportunity.
Which of the following pricing arrangements would support this aspiration?
As a result of a global pandemic, a local hospital is facing significant patient capacity pressures and would like the construction of a new 50-bed ward to be prioritised and fully operational at the earliest opportunity.
Which of the following pricing arrangements would support this aspiration?
Correct Answer: C
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