Procurement Analyst

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

Q829: The officer is asked to leave documents out of the file for auditors. What should the officer do?

Approve it verbally without written authorization
Delay reporting until the audit is finished
Let the supplier write the requirements
Change the evaluation criteria to fit the preferred result
Refuse and keep the file complete and accurate

Q830: The net price of an order is 480 and VAT is 15%. What is the gross price including VAT?

72
495
552
408
417.39

Q831: Demand for an item is highly seasonal. What is a good planning approach?

Use forecasts based on past seasonal data and arrange supply ahead of peak periods
Let the requester choose the supplier directly
Rely on a verbal agreement only
Offer the supplier extra business in return for a favor
Change the evaluation criteria to fit the preferred result

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