12th Grade Procurement Quizzes, Questions & Answers

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This quiz, titled 'Financial and Service Forms Review', assesses understanding of payment and procurement procedures within a business setting. It covers topics such as Direct Payment Vouchers, requisitions, contract policies,...

Questions: 6 | Attempts: 202 | Last updated: Mar 21, 2025

Sample Question 1
A Direct Payment Voucher (DPV) is used to pay individuals ...

$1-499.99 (under $500)

$500-999.99 (under $1,000)

$1,000 and up

A DPV is only used to pay companies

Sample Question 2
A requisition is use to pay ...

Individuals $499.99 or more

Businesses and companies (or individuals $500 or more)

Businesses and companies only

Sample Question 3
Students are permitted to sign contracts on behalf of the university.

True

False

12th Grade Procurement Quizzes, Questions & Answers

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Top Trending Procurement Quizzes