Professional Documents
Culture Documents
NAME
5 Written questions
CORRECT
Corporate pitfalls
CORRECT
CORRECT
Kickback
CORRECT
Prompt payment
CORRECT
Price fixing
5 Matching questions
https://quizlet.com/238078067/test 1/4
6/4/2019 Test: Purchasing/Procurement | Quizlet
CORRECT
1. Horizontal agreements among competitors to manipulate competitive bidding process (collusion) competing competitors
A. Prompt payment
B. Bid rigging
C. Outsourcing
D. Competition
https://quizlet.com/238078067/test 2/4
6/4/2019 Test: Purchasing/Procurement | Quizlet
2. Performance measures
Vendor selection/performance guidelines
A defined way to purchase commodities services and capital items
D. Blanket order
3. Promise obligation gift or reward in order to secure contract. Attempt to influence outcome should declare the contract void
A. Bid rigging
B. Competition
C. Bribe
D. Prompt payment
A. Procurement Program
C. Blanket order
5. Arrangement with vendor to provide item(s) or service on an as required/needed basis over the counter office supplies
B. Blanket order
C. Price fixing
D. Competition
5 True/False questions
https://quizlet.com/238078067/test 3/4
6/4/2019 Test: Purchasing/Procurement | Quizlet
CORRECT
False
It should be → Environmental Issues Essential Elements -Green
2. Single firm has control and charge any price without fear of losing business in the market one company controls contract
charging what ever they want → Competition
CORRECT
False
It should be → Monopolization
CORRECT
False
It should be → Standard specification
CORRECT
True
CORRECT
True
https://quizlet.com/238078067/test 4/4