Q51 Electronic data interchange (EDI), within the online P2P (purchase to pay) process, is used for which

of the following?

A) exchanging documents

B) making payments

C) chasing orders

D) locating lost packages

Q52 A 'supplier sourcing portal' assists purchasers with which of the following?

A) preparing the specification

B) sourcing new products and services

C) identifying key stakeholders

D) monitoring contract performance

Q53 Purchasing cards are an ideal method of dealing with which type of items?

A) low value

B) complex

C)high value

D) high risk

Q54 An online 'track and trace' system, within the P2P (purchase to pay) process, will be helpful for
which activity?

A) expediting

B) negotiating

C) supplier selection

D) awarding the contract

Q55 In the P2P (purchase to pay) process, which of the following represents a legal commitment from
the organisation to buy goods or services?

A) purchase order

B) request for quotation

C) appraisal questionnaire

D) imvitation to tender

Q56 Effective P2P (purchase to pay) systems rely on which of the following?

A) accurate forcasting?

B) paper-based processing as a contingency?

C) a small number of suppliers

D) locally based supplier only

What information is difficult to ascertain from using the internet to identify potential suppliers

A Email and contact details

B Company product information

C Financial information

D Management capability

Effective P2P systems rely on which of the following

A Accurate forecasting

B Paper based processing as a contingency

C A small number of suppliers

D Locally based su

48.which of the following explains the nature of supply chain management(SCM)

A scm addresses the relationship btwn the organisation and its immediatensuppliers
B scm addresses the interactions and linkages btwn all the organisations that make up the supply
chain

C scm addresses issuesnof transport and the movement of goods btwn the organisation and its
customers

D scm addresses the relationship btwn the organisation and its immediate customers

49.which of the following is a potential benefit to organizations when they buy from overseas suppliers?

A exchange rate fluctuations may lead to uncertain prices

B shipping internationally may increase the organisations inventory

C improved differences may cause problems in interpreting specifications

D improved product quality may be available from overseas supplier

50.which of the following completes the sentence below? A letter of ....issued by buyers bank is used to
guarantee payment to the supplier once appropriate documents are received

A credit

Bcompensation

C conformance

Dcontract

41. in which of the following situations is a competitive bidding situation likely to be used by a
purchaser?

A when changes to the specificaion are likely as the contract progresses

B when it is impossible for suppliers to estimate production costs accurately

C when price is one of the least important factors in the award of the contract

D when there are many technically qualified suppliers that want the business
 42.which of the following terms completes the sentence below/..A...is used to notify a supplier of
specific requirements against a previously agreed framework agreement?

A prepaid order

B call-off order

C availlability order

D specification order

43.which of the following terms completes the sentence below? A...relationship is a long term
relationship between the buyer and seller based on trust and collaboration to achieve mutual benefit?

A transactional

B corporate

C financial

D partnership

44.which of the following terms defines collusion between suppliers where they agree to compete on a
price in a market?

A complexity

B competition

C cartel

D centralization

51.which of the following sets out agreed explanation of terms used in international trade to define the
obligations of the seller and buyer

A shipperterms

B incoterms

C logiterms

D customsterms
52.which of the following is a charectaristic of a first-tier supplier to an organisation

A it has direct commercial relationsip with the organisation

B it will supply the organisation based on aseries of one-off transactional purchased

C it must have the management capabilities to manage second-tier suppliers efficiently

D it supplies the organation through a series of distributors or wholesaler

53.which of the following is a process where a top-level purchaser gains access to a supplier s costing
records to identify achievable cost savings?

A price reduction costing

B variable price costing

C component breakdown costing

D open book costing

54 which of the following terms describes a supply chain as a linked sequence or network of distributors
in different firms/

A inter-business supply chain

B internal supply chain

C category supply chain

D. stockless supply chain

55.which of the following is the correct sequence in the downstream retail supply chain?

A retailer/producer/wholesaler/consumer

B producer/wholesaler/retailer/consumer

C consumer/producer/retailer/wholesaler

D wholesaler/retailer/producer/consumer
56.which of the following defines the term OEM

A original engine manufacturer

B optional equipment maker

C original equipment manufacturer

D optimum efficiency mix

45.an ITT is an initiation to suppliers to bid for a contract,wher the buyer intends to choose the one
submitting the lowest price or best offer.which of the following defines the term ITT?

A intention to treat

B input to trade

C informatin to target

D invitation to tender

46.which of the following defines the term consumer in a supply chain?

A an organisation or person that buys from a supplier

B the organisation or person that uses the final product

C any organisation or person that produces a product

D an organisation or person that buys or sells to others

47.which of the following is a benefit of tiering within an organisatios supply chains?

A fewer and improved commercial

B increased size of supplier base

C larger number of transactions for buyers to handle

D allows any supplier to compete for buisness

37.which of the following will the buyer request from the supplier when a delivery of goods is rejected?

A order acknoledgement
B credit note

C consignment notes

D bill of materials

38.which of the following documents in the purchasing cycle defines the suppliers offer?

A quotation

B purchase requisition

C order acknowledgment

D delivery note

39.which of the following is the sequence in which documents are issued in the purchasing cycle?

A purchase order,enquiry,order acknowledgement,quotation,delivery note

B quotation,order acknowledgement,enquiry,purchase order,delivery note

C enquiry,purchase order,quotation,order acknowledgement,delivery note

D enquiry,quotation,purchase order,order acknowledgement,delivery note

40.which of the following terms defines the activities taken by a buyer to track the progress of a purcase
order and its delivery?

A forecasting

B contracting

C sourcing

D expediting

Q16 'An agreement between two parties, intended to be legally binding' is a definition of what?

A) an agreement

B) a contract

C) an informal arrangement
D) a memorandum of understanding

Q17 Flexible pricing arrangements...

A) maintain security of supply and an equitable supply relationship

B) damage security of supply and an equitable supply relationship

C) maintain incentives and the value of rewards

D) maintain security of record keeping and accounting data

Q18 The weighted average of wages and salaries is measured by what?

A) the retail price index (RPI)

B) the labour market index ( LMI)

C) the commodity price index (CPI)

D) the taxes and prices index (TPI)

Q19 In what way does 'selective' tendering differ from 'open' tendering?

A) in selective tendering, potential suppliers are neither pre-qualified or short-listed

B) in selective tendering, all potential suppliers are invited to submit tenders

C) in open tendering, potential suppliers are pre-qualified and short-listed

D) in selective tendering, potential suppliers are pre-qualified and short-listed

Q20 What information on a company website demonstrates their policy towards ethical trading?

A) corporate social responsibility initiatives

B) financial reports

C) company overview

D) details about new products and services

Q1 Which method of pricing carries the highest risk for buyer and the lowest risk for the supplier?

A) cost-plus?

B) cost-minus

C) gainshare

D) Cost target?

Q2 Clear, quantitative measures of actual achievement against the most important areas of required
performance are known as:

A) KPIs

B) SLAs

C) SRMs

D) MAMs

Q3 Which of the following is the reason for a buyer to agree a cost plus incentive fee contract with a
supplier?

A) so all costs will be known at the time of contract award

B) in order to provide improved cash flow

C) it is easier to cancel the contract

D) to motivate the supplier to reduce costs

Q4 Contracts that include 'risk and reward' arrangements are called...

A) term contracts

B) variance contracts

C) target contracts

D) incentivised contracts
Q5 An arrangement whereby the supplier is guaranteed to cover their costs, in addition to earning an
agreed level of profit, is a....

A) profit plus arrangement

B) cost plus arrangement

C) contract price arrangement

D) revenue fixed arrangement

Q20

What information on a company website demonstrates their policy towards ethical trading?

A. Corporate social responsibility initiatives

B. Financial reports

C.company overview

D. Details about new products and services

Q21

What is an advantage of using the internet search engine to locate supplier information?

A.the information is reliable,relevant and up to date.

B. The most suitable suppliers will be listed first.

C. Low cost,fast and convenient method of information search.

D. There will be no need to conduct further research on the supplier.

Q22

What is an advantage of an intranet?

A. It can help to develop communication with internal external stakeholders.

B. In a large organisations with many location it can help ensure access to stock records and avoid
over ordering.

C. Suppliers are able to access customer database and information on sales and adjust delivery to suit
usage.

D. Information for the wider community can be made available.

Q23

What are the two major areas of risk that a credit score helps us to understand?

A. Business failure and quality problems

B. Cash flow and profitability

C. Environmental and credit

D. Business failure and poor payment.

Q24

What information is difficult to ascertain from using the internet to identify potential suppliers?

A. Email and contact details

B. Company product information

C. Financial information

D. Management capability

Q25

What is a disadvantage of using the Internet to identify potential supplies?

A. Some small suppliers may not have a website or internet presence.

B. May locate small, niche global players

C. Could damage the relationship with existing suppliers.

D. There are few search engines and portals that can be used.

Q10 Term contracts......

A. Last for ever

B. Last for a defined period of time

C. Are never reviewed or renewed

D. Are always reviewed and renewed

How might a policy of spot buying assist a buying organisation's supplier diversity policies?

A. By aggregation of demand into larger amounts of work.

B. By limiting the award of contracts to only pre qualified supplies.

C. By making more contracts available to small and medium sized enterprises.

D. By assisting with the development of preferred supplies lists.

A brief selection process between capable provider under an existing framework agreement defines
what?

A. A micro competition

B. A tendering exercise

C. A pre qualification

D. A mini competition

Q46 The use of e-sourcing can achieve which of the following benefits for the purchaser?

A) elimination of management information

B) removal of supply chain risks

C) reduced lead times

D) use of larger suppliers

Q47 What happens at the end of a tender exercise, using e-tendering?

A) successful and unsuccessful bidders are automatically notified

B) an e-pre-qualification questionnaire is issued

C) supplier site visits are carried out by the buyer

D) an e-invoice is issued by the purchasing organization

Q48 If the purchaser is intending to hold an e-auction this should be stated where?

A) e-marketplace

B) e-tender

C) e-catalogue

D) e-notice*

Q49 Data of procurement activity is useful for which of the following?

A) forecasting future expenditure

B) identifying new suppliers

C) eliminating supply chain tiskooo

D) training staff

Q50 Topan Group always use competitive bidding for major contracts and have a process of creating a
shortlist of suitable suppliers. How do they create the shortlist?

A) request for quotation

B) negotiation with suppliers

C) invitation to tender

D) supplier pre-qualification

Q41 Which of the following can be used to compare purchase order and goods received data, to speed
up payments to suppliers?

A) PO reconciliation system

B) electronic payment

C) electronic data interchange

D) automatic invoice matching

Q42 Qrganisations need to take measures to protect themselves against breaches of data security.
Which of the following is software that inspects, allows or blocks electronic traffic?

A) malware

B) password

C) backup

D) firewall

Q43 In which of the following electronic auction systems do suppliers lower their prices competitively
during the period of the auction?

A) standard auction

B) reverse auction

C) spanish auction

D) collaborative auction

Q44 Buyers are often required to purchase goods that have been bought previously, but with some
minor change to the specification. Which of the following terms describes this type of purchase?

A) straight re-buy

B) modified re-buy

C) spot re-buy

D) contact re-buy

Q45 The use of electronic tools to determine how and from where products are obtained. This describes
which of the following?

A) e-sourcing

B) e-tendering

C) e-marketplaces

D) e-catalogues
Q36 Which of the following is true in regard to a companies financial stability?

A) profitable companies can always pay their debts

B) a business must have sufficient cash to pay immediate liabilities

C) suppliers must have a high credit rating score

D) companies with no working capital are financially stable

Q37 For which of the following is an organisations website the main method of engagement?

A) wider community

B) potential suppliers

C) existing suppliers

D) existing employees

Q38 Which of the following allows fast updating of news and information websites?

A) search engines

B) blogs

C) really simple syndication feeds

D) wikis

Q39 What is the term 'blog'?

A) a place where meetings and appointments are recorded

B) a shortened version of web log

C) website where users can add or modify content

D) an online discussion forum

Q40 Which of the following would be required at the beginning of the purchase order process, to signify
the need to purchase goods or services?

A) contract

B) requisition

C) notice

D) framework

Q31 Which of the following sources would provide information on the credit status of a supplier?

A) credit rating companies

B) published financial statements

C) the suppliers website

D) profitability ratios

Q32 Which of the following is true of the information found on a customer website?

A) it is aimed at a very narrow range of potential visitors

B) it will not be necessary to drill down to find more detailed information

C) it is aimed at a very wide range of potential visitors

D) it will have been verified by a search engine such as 'google'

Q33 Which of the following can be purchased from a credit rating company?

A) published accounts

B) comprehensive insight reports

C) quality performance reports

D) supplier delivery performance

Q34 Which of the following makes it more important to perform credit checks when dealing with
international companies?

A) to ensure supplier has technical capability

B) extended lead times

C) company reporting may be unreliable

D) use of fixed price contracts

Q35 Which of the following describes how search results for a new supplier are displayed?

A) in a list according to the closeness to the wording of the search

B) in a list of the most financially stable suppliers who have several years of data available

C) by suppliers who have the most media rich information on their website

D) by larger companies in own country ranked first and then small to medium companies

Q26 What is an advantage of using a credit rating agency on existing or potential suppliers?

A) it will ensure that your suppliers will always be financially stable

B) they continuously monitor suppliers status and risk

C) the credit rating agency will clarify and issues raised with your suppliet

D) it will save conducting any other appraisal of suitability of supplier

Q27 What information is found on a company website?

A) inventory records

B) demand information

C) purchase orders

D) product and services

Q28 What is meant by an extranet?

A) a website that requires a payment to view

B) a network only used by the purchasing and sales departments

C) a system that gives access to outside users to an organisation's intranet/website

D) an MRPII module that allows additional compoment data to be analysed

Q29 A high credit rating score will indicate....

A) the supplier is very profitable

B) the experience and qualifications of the directors

C) the supplier has a wide customer base

D) a low risk supplier capable of paying their bills

Q30 Which of the following describes how the internet is helpful in locating supplier information?

A) it replaces face to face communications

B) it allows confidential communications

C) it analyses a supplier's performance

D) it allows access to a wide range of suppliers

Q21 What is an advantage of using the internet search engine to locate supplier information?

A) the information is reliable, relevant and up to date

B) the most suitable suppliers will be listed first

C) low-cost, fast and convenient method of information search

D) there will be no need to conduct further research on the supplier

Q22 What is an advantage of an intranet?

A) it can help develop commumications with internal and external stakeholders

B) in large organisations with many locations it can help ensure access to stock records and avoid over
ordering
C) suppliers are able to access customer databases and information on sales and adjust delivery to suit
usage

D) information for the wider community can be made available

Q23 What are the two major areas of risk that a credit score helps us to understand?

A) business failure and quality problems

B) cash flow and profitability

C) environmental and credit

D) business failure and poor payment

Q24 What information is difficult to ascertain from using the internet to identify potential suppliers?

A) email and contact details

B) company product information

C) financial information

D) management capability

Q25 What is a disadvantage of using the internet to identify potential suppliers?

A) some small suppliers may not have a website or internet pressure

B) may locate small, niche global players

C) could damage the relationship with existing suppliers

D) there are few search engines and portals that can be used

(2014 MAY)

Q6 A brand name product would be included in which of the following?

A) a conformance specification

B) a performance specification
C) a compliant specification

D) a functional specification

Q7 The last stage of a tendering process for most bidders will be..

A) specification

B) evaluation

C) pre-qualification

D) incentivisation

Q8 Opening a market to a wider supplier base brings which of the following advantages?

A) more stagnation and repetition

B) fewer, larger, suppliers

C) more competition and innovation

D) fewer competitive suppliers

Q9 How might a policy of spot buying assist a buying organisation's supplier diversiry policies?

A) by aggregation of demand into larger amounts pf work

B) by limiting the award of contracts to only pre-qualified suppliers

C) by making more contracts available to small and medium sized enterprises

D) by assisting with the development of preferred supplier list

Q10 'Term' contracts .....

A) last for ever

B) last for a defined period of time

C) are never reviewed or renewed

D) are always reviewed and renewed

continue PROCESS

Q11 'A brief selection process between capable providers under an existing framework agreement'
defines what?

A) a micro- competition

B) a tendering exercise

C) a pre- qualification

D) a mini-competition

Q12 An agreement under which a supplier agrees to provide an estimated quantity over an agreed
future period of time is called what?

A) a blanket order

B) a regular order

C) a repeat order

D) a sheet order

Q13 A spot purchase is also known as a what?

A) call-off purchase

B) repeat purchase

C) stripe purchase

D) one-off purchase

Q14 Fixed and firm prices in a contract...

A) can sometimes vary

B) can never vary?

C) must always vary

D) vary once

Q15 The award of an individual supply contract under a framework agreement is called what?

A) pre-qualification

B) a call-off

C) an ITT

D) a call-on

Q1

Which of the following explains why an order acknowledgement is requested when purchase orders are
issued?

A. To ensure the requisitioner is updated by the budget holder.

B. To obtain confirmation that the order has been accepted

C. To allow the invoice to be checked

D. To authorise the purchase and ensure budgets are monitored

Q2

Which of the following is best practice when damaged or poor quality goods are identified at inspection
stage?

A. Cancel the contract and return all items until the problem is corrected.

B. Scrap the items, deducting the additional costs from any payment due.

C. Isolate the parts affected , contact the supplier to agree how to resolve the problem.

D. Deduct the amount involved from the supplies invoice when it is presented.

Q3

Which of the following is defined as " the right to exercise power in a particular context"?

A. Responsibility

B. Accountability
C. Authority

D. Expediting

Q4

At which of the following stages is it "best practice" to first issue detailed specifications to a supplier in à
tender process?

A. When sending the invitation to tender documents.

B. When placing the order with the successful bidder

C. When required by a supplier that is bidding

D. At request of the existing supplier, prior to advertising a tender.

Q5

The bid management and decision regarding the winner of a tender should ideally be undertaken by one
staff member. The statement is....

A. False, because a single staff member should not have total control over the tender.

B. True, because there is no need to involve anyone else in the decision

C. True, because only one staff member is able to understand the bids

D. False because different staff members will want to ensure they can change the result.

Q6

Which of the following is best practice to ensure that new supplier invoices presented are complete?

A. Issue an information pack to all suppliers with details required

B. Ignore an invoice which does not comply with company procedures

C. Deduct an administration charge for information missed

D. Delay payment until the following month.

Q7

Which of the following is the purpose of an authorisation hierarchy within a purchasing department?

A. To match invoice to good received notes

B. To enter details of iivoices received on a computer system

C. To deal with feedback from requisitioners following receipt of goods

D. To add rigour to the purchase process and reduce the risk of fraud.

Bwana Procurement Offcer

Bwana Procurement Offcer 1.B.wen a confirmation has reached you frm the supplier tht thy hav
received the order you placed and are actually procssn t..t assures you as a buyer tht the order has been
accepted...2.C..descrepancies or damages are bound to happen wen executn a contract
aggreement....3C..a boss has his subbordinates tht report to him or he commands (span of control or
chain of command)

May 7, 2015 at 2:04pm · Like · 1

Bwana Procurement Offcer

Bwana Procurement Offcer 4.B.a specification is only attouched to a purchase order document wen
placing an order to a supplier,so tht the supplier is med aware of wat he is expected to deliver

May 7, 2015 at 2:07pm · Like · 1

Bwana Procurement Offcer

Bwana Procurement Offcer 5.A..in tendering there is much work to be involved tht needs teamwork in
areas such as;supplier evaluation,his financial capability..6.A..well defined and detailed purchase orders
will make t much mo easier for the supplier to indicate the amount of goods the buyer has reaquested
and is accountable to pay...if payment is due

May 7, 2015 at 2:13pm · Like · 1

Bwana Procurement Offcer

Bwana Procurement Offcer 7D.a formal way of doing things within the purchasing department prevents
issues of embezzlement,fraud and mismanagement of resources of the organisation

May 7, 2015 at 2:16pm · Like · 1

Onesta Hope

Onesta Hope ok ndakunyadirani, mwandisuntha pamenepa

May 8, 2015 at 11:36am · Like · 1

Fredy Diesel

Fredy Diesel 1B,2C,3C,4A,5A,6B,7D

processes

Rates of discount time to pay and cost reimbursement could form part of what

A.mini competion

B.negotiation price

C.negotiaton on delivery dates

D.delivery schedules

Term contracts

A last for ever

B last for a defined period of time

C are never reviewed or renewed

D are always reviewed and renewed

Q13 A spot purchase is also known as a what?

A. Call off purchase

B. Repeat purchase

C. Stripe purchase

D. One off purchase

Q14

Fixed and firm prices in a contract.......

A. Can sometimes vary

B. Can never vary

C. Must always vary

D. Vary once

Q15

The award of an individual supply contract under a framework agreement is called what?
A. A pre qualification

B. A call off

C. An ITT

D. A call on

Q16

'An agreement between two parties, intended to be legally binding' is a definition of what?

A. An agreement

B. A contract*

C. An informal arrangement

D. A memorandum of understanding

Q17

Flexible pricing arrangements

A. Maintain security of supply and an equitable supply relationship*

B. Damage security of supply and an equitable supply relationship

C. Maintain incentives and the value of rewards

D. Maintain security of record keeping and accounting data.

Q18

The weighted average of wages and salaries is measured by what?

A. The retail price index (RPI )

B. The labour market index ( LMI)*

C. The commodity Price Index ( CPI)

D. The taxes and prices index (TPI )

Q19

In what way does selective tendering differ from open tendering?

A. In a selective tendering,potential supplier are neither pre qualified or short listed.

B. In selective tendering,all potential supplier are invited to submit tenders.

C. In open tendering, potential suppliers are pre qualified and short listed.

D. In selective tendering,potential suppliers are pre qualified and short listed.*

Processes

1.Which of the following is the basic determinant of whether a contract exist?

A.the contact is in writing

B.there is an offer and an acceptance *

C.a document of agreement has been signed by both parties

D. There is an offer and an invitation to treat.

2.which of the following allows fast updating of news and information websites?

A.search engines

B.blocks

C.really simple syndication feeds *

D.wikis

3.an office relocation will involve many of which type of purchase?

A. framework

B .repeat

C.tender

D.one off*

4.a buyer is unable to draw up a detailed specification upon which to base pricing schedules . the buyer
he may agree to. .

A.a schedule of milestones and completion dates

B.an incentivised contract

C.a fixed and firm price

D.a schedule of rates or charges

5.which of these is an e-commerce facility?

A. A trolley *

B. A credit card

C.a credit check

D credit

Processes

Q11.A supplier has a sales revenue of e2.0m and debtors of e200,000.Which of the following is the
correct'credit period given'?

A.35.0 days

B.10.0 days*

C.73.5 days

D.36.5 days

Q12.Which of the following is the formula for calculating the 'gross profit percentage'of an organisation?

A.(Gross profit *100)/total capital emploted

B.(Net profit + interest and tax)/(sales turnover * 100)

C.(Gross profit/sales turnover)*100

D.(Sales turnover * 100)/gross profit

Q13.A cost model or breakdown consistd of:overheads,labour,profit and which other from the list
below?

A.Materials

B.Breakeven

C.Loss

D.Gearing

Q14.The 'supplier perceptions'matrix consists of four quadrants-nuisance,core,develop and

which other one from the list below?

A.Explore
B.Delete

C.Environmental

D.Exploit

Q15.Which of the following is an internationall recognised third part accreditation of a supplier's

environment capabilities?

A.ISO9001

B.QS900

C.BS5700

D.ISO14001*

Q16.The credit period measures which of the following?

A.Liquidity

B.Profitability

C.Gearing

D.The Financial market

Q17.The'Current ratio'measure which of the following?

A.Profitability

B.Gearing

C.Financial market

D.Liquidity

Q18.With which of the following is it most likely that direct negotions would take place?.

A.With an international supplier of machine components

B.With a monopoly supplier of energy

C.With a provider of advertising services

D.With a QS9000 approved supplier*

Processes
1.Which of the following is the basic determinant of whether a contract exist?

A.the contact is in writing

B.there is an offer and an acceptance *

C.a document of agreement has been signed by both parties

D. There is an offer and an invitation to treat.

2.which of the following allows fast updating of news and information websites?

A.search engines

B.blocks

C.really simple syndication feeds *

D.wikis

3.an office relocation will involve many of which type of purchase?

A. framework

B .repeat

C.tender

D.one off*

4.a buyer is unable to draw up a detailed specification upon which to base pricing schedules . the buyer
he may agree to. .

A.a schedule of milestones and completion dates

B.an incentivised contract

C.a fixed and firm price

D.a schedule of rates or charges*

5.which of these is an e-commerce facility?

A. A trolley *

B. A credit card

C.a credit check

D.guaranteed delivery
Processes

Q11.A supplier has a sales revenue of e2.0m and debtors of e200,000.Which of the following is the
correct'credit period given'?

A.35.0 days

B.10.0 days*

C.73.5 days

D.36.5 days

Q12.Which of the following is the formula for calculating the 'gross profit percentage'of an organisation?

A.(Gross profit *100)/total capital emploted

B.(Net profit + interest and tax)/(sales turnover * 100)*

C.(Gross profit/sales turnover)*100

D.(Sales turnover * 100)/gross profit

Q13.A cost model or breakdown consistd of:overheads,labour,profit and which other from the list
below?

A.Materials

B.Breakeven

C.Loss

D.Gearing

Q14.The 'supplier perceptions'matrix consists of four quadrants-nuisance,core,develop and

which other one from the list below?

A.Explore

B.Delete

C.Environmental

D.Exploit

Q15.Which of the following is an internationall recognised third part accreditation of a supplier's

environment capabilities?
A.ISO9001

B.QS900

C.BS5700

D.ISO14001

Q16.The credit period measures which of the following?

A.Liquidity

B.Profitability

C.Gearing

D.The Financial market

Q17.The'Current ratio'measure which of the following?

A.Profitability

B.Gearing

C.Financial market

D.Liquidity

Q18.With which of the following is it most likely that direct negotions would take place?.

A.With an international supplier of machine components

B.With a monopoly supplier of energy

C.With a provider of advertising services

D.With a QS9000 approved supplier*

Which of the following document is used at the start the formal purchasing process??

A)Purchase requisition

B)Purchase order

C)Request for quotation

D)Vender rating score card