Procurement Analyst
A procurement Analyst is a professional responsible for sourcing, evaluating, and purchasing the goods, services, and materials an organization needs to operate while managing supplier relationships and controlling costs
Quiz Questions
Q409: Annual cost of goods used is 210,000 and average inventory is 35,000. What is the inventory turnover?
3 times
12 times
6.60 times
7.62 times
6 times
Q410: An invoice for 5,000 offers a 3% prompt-payment discount. How much is payable if the discount is taken?
5,150
4,997
4,850
4,854.37
5,335
Q411: In procurement, Cost centre refers to which of the following?
A unit to which costs are assigned
Tax deducted at source from a payment to a supplier
A plan for keeping critical operations running during a disruption
The total greenhouse gas emissions linked to a product or activity
A process in which a neutral person helps the parties reach their own settlement
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