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
Q256: An asset costs 8,000, has running costs of 1,200 per year over 4 years, and a residual value of 500. What is its total cost of ownership?
12,300
12,800
8,700
7,500
36,800
Q257: What does Value-added tax (VAT) mean in procurement?
Spreading the cost of an asset over its useful life
The price a buyer aims to achieve in negotiation, based on analysis
Using data to find savings, risks, and patterns in purchasing
A consumption tax added at each stage of supply
An international standard for quality management systems
Q258: An interim payment of 160,000 is certified and 3% retention is deducted. What amount is paid now?
160,000
155,200
164,800
159,997
170,720
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