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

Q553: An invoice for 30,000 offers a 2.5% prompt-payment discount. How much is payable if the discount is taken?

30,750

29,250

29,997.50

29,268.29

32,175

Q554: A 150,000 contract is paid 30% on signing, 60% on delivery, and 10% after acceptance. How much has been paid in total once delivery has been completed?

90,000

15,000

45,000

150,000

135,000

Q555: In procurement, Supply chain resilience refers to which of the following?

A company's commitment to operate ethically and consider its social impact

The difference between planned and actual spending

The ability to withstand and recover from disruption

An online platform where suppliers manage their information and interact with the buyer

Payment made before goods or services are delivered