Procurement Process Quiz Questions

15 Questions | Total Attempts: 1482

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Procurement Process Quiz Questions

Questions and Answers
  • 1. 
    Which of the following are examples of instance-level information relevant to the procurement process?
    • A. 

      What was the total of the invoice?

    • B. 

      When did we receive the goods?

    • C. 

      What is the average time it takes to receive the goods?

    • D. 

      How frequent do we purchase goods from vendor x?

  • 2. 
    Which of the following steps in the procurement process do not have financial impact on the company that is buying materials?
    • A. 

      Create purchase requisition

    • B. 

      Receive invoice from vendor

    • C. 

      Create and send purchase order

    • D. 

      Receive ordered goods

  • 3. 
    Which of the following are key data in a goods receipt?
    • A. 

      Order and received quantity

    • B. 

      Received date

    • C. 

      Price of each unit

    • D. 

      Weight of each unit

  • 4. 
    Which of the following are examples of instance-level information relevant to the procurement process?
    • A. 

      When did we receive the goods?

    • B. 

      What was the total payment?

    • C. 

      Was the invoice received? If so, when?

    • D. 

      What is the average time it takes to receive invoice?

  • 5. 
    Which of the following are key data in a purchase order when the order is first created?
    • A. 

      Prices of the material ordered

    • B. 

      PO number

    • C. 

      Quantity of material ordered

    • D. 

      Requested delivery date

    • E. 

      Bill to address

  • 6. 
    In which of the following documents is the price of the materials not relevant?
    • A. 

      Goods Receipt Document

    • B. 

      Purchase requisition

    • C. 

      Packing list

    • D. 

      Invoice

  • 7. 
    A Three-way match involves which of the following documents?
    • A. 

      Goods receipt document

    • B. 

      Purchase order

    • C. 

      Invoice

    • D. 

      Packing list

  • 8. 
    Which of the following are examples of instance level information relevant to the procurement process?
    • A. 

      What was the total of the invoice?

    • B. 

      Was the invoice paid? if so, when?

    • C. 

      How long did it take to receive the shipment after creating the purchase order?

    • D. 

      What companies are habitually late in sending payment?

  • 9. 
    Which of the following are key data in a purchase requisition when the requisition is first created?
    • A. 

      Quantity of material requested

    • B. 

      Requested delivery date

    • C. 

      Price of material ordered

    • D. 

      Purchase order number

  • 10. 
    Which of the following steps in the procurement process have a financial impact on the company hat is buying materials?
    • A. 

      Receive shipment from vendor

    • B. 

      Send payment to vendor

    • C. 

      Send purchase order

    • D. 

      Send purchase requisition

  • 11. 
    Which of the following are examples of instance-level information relevant to the procurement process?
    • A. 

      Was the invoice paid? if so, when?

    • B. 

      What was the total of the invoice?

    • C. 

      How long did it take to receive the shipment after creating a purchase order?

    • D. 

      What materials are purchased most frequently?

  • 12. 
    Which of the following are key data in an invoice?
    • A. 

      FOB

    • B. 

      Order and received quantity

    • C. 

      Price of material ordered

    • D. 

      Invoice date

    • E. 

      Requested delivery date

  • 13. 
    Which of the following are examples of process-level information relevant to the procurement process? 
    • A. 

      Which customers are prompt and which ones are habitually late in sending the payment?

    • B. 

      Which materials are produced most often?

    • C. 

      Which materials are purchased most frequently?

    • D. 

      What is the average time between sending a purchase order and receiving the shipment?

    • E. 

      Which vendor does SSB buy from the most frequently?

  • 14. 
    Which of the following are examples of process-level information relevant to the procurement process?
    • A. 

      What is the average time between sending a purchase order and receiving the shipment?

    • B. 

      Which suppliers are prompt and which ones are habitually late in delivering the materials ordered?

    • C. 

      Which customer buys most frequently?

    • D. 

      Which materials are purchased most frequently?

    • E. 

      Which materials are produced most often?

  • 15. 
    Which of the following are key data in a packing list?
    • A. 

      Order and ship quantity

    • B. 

      Date the order was shipped

    • C. 

      Prices of the material ordered

    • D. 

      Unit weight

    • E. 

      Requested delivery date

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