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

Q676: Management override of controls is suspected. What is the best approach?

Report it to internal audit or the integrity function

Award to the first supplier who responds

Backdate the documents to appear compliant

Accept the supplier's explanation without verification

Negotiate secretly with only one supplier

Q677: Four bids are evaluated on price after adding corrections and other evaluated costs: A bid 48,000 plus 7,000 in correction/other costs; B bid 45,000 plus 0 in correction/other costs; C bid 39,000 plus 3,000 in correction/other costs; D bid 37,000 plus 12,000 in correction/other costs. Which bidder has the lowest evaluated price?

Bidder A

Bidder B

Bidder D

Bidder C

None; the tender must be cancelled

Q678: The officer finds that a supplier's quality certificate was issued by an unknown body. What should the officer do?

Accept everything and sort out discrepancies later

Verify the certifying body's accreditation before accepting the certificate

Rely on a verbal agreement only

Ignore the issue and continue as planned

Skip competition because it saves time