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

Q913: An evaluator's score sheet has no signature or date. What should be done?

Sign the document without reading it fully

Have it completed, signed, and dated so that the record is valid

Ask the supplier to adjust documents so the records match

Delay reporting until the audit is finished

Approve payment before checking the deliverables

Q914: A purchase costing 240,000 saves 60,000 per year. What is the simple payback period?

0.25 years

2 years

8 years

4.40 years

4 years

Q915: Goods cost 25 per unit for an order of 200 units and freight for the whole shipment is 800. What is the landed cost per unit (price plus freight)?

31.90

36.83