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
Q766: A supplier delivered 57 of 60 orders on time. What is its on-time delivery rate?
95%
5%
1,900%
57%
52.50%
Q767: In procurement, Cooling-off period refers to which of the following?
An independent review of an organization's controls and processes by its own function
The time needed to recover the cost of an investment
Inventory that is no longer needed or saleable
A set time before a former official may work for a supplier they previously dealt with
The ranking of contract documents used to resolve conflicts between them
Q768: A supplier asks for cash payment on a large contract. What should the officer do?
Pass the problem to another officer without a record
Refuse and use traceable bank transfer in line with financial controls
Give the preferred supplier a private advantage
Sign the document without reading it fully
Delete the related emails and files
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