Professional Documents
Culture Documents
QU
EST
IO
PLE
Page 1 of 6
S
IF
20 ICAT
13 IO
N
QU
AL
SA
M
Q1 Question
(c) The types, frequency and organisation of deliveries to the end user
(d) The network of organisations and activities involved with the flow and
transformation of goods. [KEY]
EST
ION
S
Which of the following tasks are required in the pre-award phase of the purchasing cycle?
Answers
PLE
QU
SA
M
Page 2 of 6
Q3 Question
Which of the following reflects the sustainability principle of the triple bottom line?
Answers
(a) Turnover, gross profit, net profit
(b) Decrease purchasing cost, increase value added, extend credit period
EST
ION
S
A buyer is quoted a price of $20 by a supplier for each item purchased. The buyer negotiates a $2
reduction from the supplier. The buyers organisation sells the item to customers for $36.
Answers
QU
(a) The buying organisation will achieve a 10% profit for each item sold
(b) The buying organisation will achieve a mark up of 100% on each item sold [KEY]
(c) The buying organisation will achieve a mark up of 50% on each item sold
(d) The selling organisation has made a loss of 10% on each item ordered by the buyer.
PLE
SA
M
Page 3 of 6
Q5 Question
Which of the following explains the category of supply term indirect supplies?
Answers
(a) Products used by a business which are bought through a tiered supplier
(c) Products used by a business that do not form part of the end product [KEY]
(d) Products used by a business which are bought through a supply chain.
EST
ION
S
Which of the following is an extra activity required when assessing quotations for capital goods
purchases?
Answers
PLE
QU
SA
M
Page 4 of 6
Q7 Question
Which of the following explains the activities required prior to paying a supplier invoice for goods
ordered?
Answers
(a) Check invoice against original documents, check for receipt of goods, check for
problems with goods [KEY]
(b) Check supplier financial capability, check all goods have been used or sold, ask for discount
(c) Check budget holder has authorised the purchase order, wait until the supplier chases for
payment
(d) Find the goods, prepare a requisition form, send an order acknowledgement.
EST
ION
S
Answers
QU
Which of the following explains the actions involved as part of an efficient expediting system?
(a) Checking the requirements for export of goods from another country
(b) Maintaining contact with important suppliers to reduce the likelihood of problems
with orders [KEY]
(c) Updating users on progress and ensuring speedy release of the purchase order
(d) Ensuring invoices are checked and supplier payment is not delayed.
PLE
SA
M
Page 5 of 6
Q9 Question
(b) A supplier which manages a proportion of the organisations supplier base [KEY]
(d) A supplier which deals with pre-scheduled, phased deliveries as part of a long term contract.
EST
ION
S
Which of the following describes the use of incoterms when buying internationally?
Answers
(a) They allow the same import duty terms to apply to all goods imported from other countries
(b) They allow a uniform approach to payment terms and methods for import and export
(c) They allow for incorporation of the exchange rate to be used as part of the terms and
conditions
(d) They allow an understanding and incorporation of buyer and seller responsibilities
in a contract. [KEY]
PLE
QU
SA
M
Page 6 of 6