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

Q898: A contract is worth 860,000 and a 12.5% advance payment is made. What balance remains to be paid?

107,500

752,500

860,000

967,500

859,987.50

Q899: An item can be bought for 12,000 (ignoring resale value) or rented for 150 per day. For 60 days of use, which option is cheaper and by how much?

Buying is cheaper, by 3,000

Renting is cheaper, by 12,000

They cost the same

Buying is cheaper, by 9,000

Renting is cheaper, by 3,000

Q900: A 64,000 contract is paid 50% on signing, 30% on delivery, and 20% after acceptance. How much has been paid in total once delivery has been completed?

19,200

12,800

51,200

32,000

64,000