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
Q679: A tender requires a bid security of 2% of the estimated value of 500,000. What is the amount of the security?
11,000
12,700
14,400
16,100
10,000
Q680: Which procurement term best matches this description: checking a portion of a batch to judge the whole?
Supplier audit
Corrigendum
Sampling inspection
Work order
Payback period
Q681: An invoice for 8,500 offers a 2% prompt-payment discount. How much is payable if the discount is taken?
8,330
8,670
8,498
8,333.33
9,163
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