Scribd
Upload
152 views

Practice Assessment

This document consists of 10 multiple choice practice questions assessing knowledge of procurement and supply chain management concepts. The questions cover topics such as features of progressive procurement models, definitions of supply management, types of materials, important knowledge areas for procurement professionals, steps in the purchasing process, communication of customer needs, required elements in purchase requisitions, and definitions of supplier types.

Uploaded by

Hà My Nguyễn
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
152 views

Practice Assessment

This document consists of 10 multiple choice practice questions assessing knowledge of procurement and supply chain management concepts. The questions cover topics such as features of progressive procurement models, definitions of supply management, types of materials, important knowledge areas for procurement professionals, steps in the purchasing process, communication of customer needs, required elements in purchase requisitions, and definitions of supplier types.

Uploaded by

Hà My Nguyễn
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 5

Practice Assessment

Total points 10
1.
Question 1
Which of the following is not one of the features of the new model of progressive procurement?

            a.         Developing closer relationships with important suppliers.

            b.         Performing due diligence on suppliers before awarding longer-term contracts.

            c.         Focusing primarily on price analysis and short-term contracts.

            d.         Conducting worldwide Internet searches for the best sources of supply.

            e.         Inviting key suppliers to participate in product and process development.

1 point
c

2.
Question 2
According to the Institute for Supply Management, _____ is the planning for and acquiring the
organization’s current and future needs through effectively managing the supply base, utilizing a
process orientation in conjunction with cross-functional teams to achieve the organizational mission.

            a.         supply chain management

            b.         procurement

            c.         logistics

            d.         supply management

            e.         distribution

1 point
d

3.
Question 3
_____ are those items provided by suppliers and used directly during production or service delivery.
            a.         Direct materials

            b.         Indirect materials

            c.         Indirect services

            d.         Internal materials

            e.         Vendor managed inventories

1 point
a

4.
Question 4
Recent research indicates that all of the following are top knowledge areas for procurement people
except _____.

            a.         supplier relationship management

            b.         total cost analysis

            c.         supplier analysis

            d.         consumer behavior

            e.         competitive market analysis

1 point
d

5.
Question 5
The _____ is used to identify user requirements, evaluate the user needs effectively and efficiently,
identify suppliers who can meet that need, develop agreements with those suppliers, develop the
ordering mechanism, ensure payment occurs promptly, ascertain that the need was effectively met,
and drive continuous improvement.

            a.         demand management process

            b.         backdoor buying process

            c.         materials budgeting process


            d.         forecasting process

            e.         purchasing process

1 point
e

6.
Question 6
All of the following are objectives of a world-class procurement organization except _____.

a.         ensure that all hard copies of purchase orders and other paper documents are filed correctly
in a secure area

            b.         develop integrated supply strategies that support business goals and objectives

            c.         manage the sourcing process efficiently and effectively

            d.         supplier performance management

            e.         supply assurance

1 point
a

7.
Question 7
The purchasing cycle begins with the _____.

            a.         selection of an appropriate supplier

            b.         issuance of a purchase order

            c.         receipt of a supplier’s acknowledgement

            d.         identification of a need (a requirement)

            e.         determination of who can authorize the purchase

1 point
d
8.
Question 8
Which of the following is not one of the common ways that internal customers should communicate
their needs to procurement?

            a.         Purchase requisitions from internal users.

            b.         Chance meeting in the company cafeteria.

            c.         Forecasts and customer orders.

            d.         Material requirements identified during new-product development.

            e.         Routine reordering systems.

1 point
b

9.
Question 9
All of the following are required elements in a purchase requisition except _____.

            a.         quantity and date required

            b.         estimated unit cost

            c.         operating account to be charged

            d.         authorized signature

            e.         identification and approval of a supplier by the end user

1 point
e

10.
Question 10
_____ is one that consistently satisfies the performance and service standards defined by the buyer
and responds to unexpected changes.

            a.         certified supplier
            b.         sole source supplier

            c.         partnered supplier

            d.         preferred supplier

            e.         disqualified supplier.

1 point
d

You might also like