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

Q715: A budget is 120,000; 20,000 has been spent and 45,000 is committed on open purchase orders. How much budget remains available for new commitments?

100,000

75,000

55,000

120,000

95,000

Q716: A supplier sends a holiday gift hamper to the procurement office during a live tender. What is the best handling?

Return it or hand it to the ethics officer and record it in the gift register

Extend the arrangement informally without approval

Change the evaluation criteria to fit the preferred result

Give the preferred supplier a private advantage

Let the supplier write the requirements

Q717: An item can be bought for 9,000 (ignoring resale value) or rented for 120 per day. For 100 days of use, which option is cheaper and by how much?

Renting is cheaper, by 3,000

Buying is cheaper, by 9,000

They cost the same

Buying is cheaper, by 3,000

Renting is cheaper, by 12,000