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
Q472: Average inventory is valued at 80,000 and the annual carrying cost rate is 18%. What is the annual carrying cost?
4,444.44
94,400
65,600
14,400
15,840
Q473: What does Kickback mean in procurement?
An arrangement in which bidders take turns winning contracts
A secret payment made in return for awarding business
A list of pre-approved items and prices available for ordering online
Tests carried out to verify that an item meets contract requirements before acceptance
Day-to-day running costs
Q474: The unit price of an item changes from 1500 to 1650. What is the percentage change?
9.09
150
90.91
11
10
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