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
Q439: What is Terms of reference (TOR)?
A preliminary written statement of intention to award a contract subject to final terms
A bank's promise to pay if the supplier defaults
Favoring relatives in decisions
A formal statement of personal interests that could affect decisions
A document describing the scope, objectives, deliverables, and timeline of a service requirement
Q440: The net price of an order is 4,200 and VAT is 12%. What is the gross price including VAT?
504
4,212
4,704
3,696
3,750
Q441: A buyer orders 150 units at 60 each with a 20% volume discount on the total. What is the total payable?
7,200
9,000
1,800
6,000
10,800
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