SC 3 prelim

50問 • 1年前

問題一覧

It is the function responsible for acquiring all the materials needed by an organization. a.purchasing b. acquisition c. supply chain d. logistics

It consists of all the related activities needed to get goods, services, and any other materials from suppliers into an organization. a.requisition b.acquisition c. buying d. procurement

it gives a mechanism for coordinating the flow of materials between customers and suppliers. a.requisition b.acquisition c. buying d.procurement

These are the steps the company goes through when purchasing goods and services. a. purchasing process b. purchase decision c. purchase order d. none of the choices

The need should solve a specific problem and be documented by either the purchase requester or the procurement team. a.Needs analysis b.Purchase requisition created c. Requests for proposal d. Shipping and Receiving

The supplier delivers the goods or services within the agreed-upon timeframe. Relevant documentation, like a goods, receive a note for goods or timesheets for services, can be tracked and recorded as evidence for future audits. a. Needs analysis b. Purchase requisition created c. Requests for proposal d.Shipping and Receiving

A verification process that accounts payable teams use to ensure that they are paying the correct amount and for the correct items. a. Needs analysis b. Three-way matching c.Shipping and receiving d. request for approval

Completed orders are recorded in the company's books, and all documents related to the transaction are securely stored in centralized location. a. Invoice Approval and Payment b. Accounting Records Update c. Contract Negotiation and Approval d. Needs analysis

It's involves the act of buying from suppliers without following the company's pre-estab procurement policy. a. Tail spend b. Overspend c. Maverick Spend d. None of the choices

These requests are dispatched to potential vendors to solicit bids. Vendors are carefully reviewed based on important characteristics such as performance history, compliance records, ave reputation, and price. a. Invoice Approval and Payment b Accounting Records Update c. Request for Proposal d. Needs analysis

it helps ensure the functionality, comfort, safety and efficiency of buildings and grounds and real estate. a Purchase Management b. Facilities Procurement c. Facilities Management d.None of the choices

Facilities management includes, except- a. Maintenance and operations b. Energy management c. Occupancy and space management d. None of the choices

It deals with physical assets such as plumbing, wiring, elevators, and heating and cooling. a.Hard FM b. Self-footed c. Either a or b d. None of the choices

It focuses on tasks performed by people such as custodial services, lease accounting: catering, security and grounds keeping. a. Hard FM b.Soft FM c. Either a or b d. None of the choices

It is the act of buying services in various fields when a company might not have the expertise time or resources to do it in-house. a. Service Procurement b. Buying Service c. Service Provider d. None of the choices

It is the process by which the government acquires inputs for vital public sector consumption and investments a. Service procurement b. Public procurement c. Bidding d. None of the choices

Principles of Public Procurement exclude- a. Competition b. Accountability c. Confidentiality d. Sincerity

It is also a major activity in government. a. Accounting b. Procurement c. Audit d. None of the choices

Republic Act No. 9184 s. 2003 a Government Procurement Reform Act b. General Appropriations Act c. Government Purchase policy Board d. None of the choices

The GPRA created this Board as its central policy and monitoring body. a Government Procurement Policy Board b. Government Procurement Policy Body c. Government Purchase Policy Bond d. None of the choices

It acts as the oversight authority in all government procurement. a. Government Procurement Policy Board b. Government Procurement Policy Body c. Government Purchase Policy Board d. None of the choices

GPPB Chairman a.Secretary of the Department of Budget and Management b.Director-General of NEDA c. Secretary of Departments of Public Works and Highways d. Secretary of Finance

GPPB Alternate Chairman a. Secretary of the Department of Budget and Management b.Director-Command of NEDA c. Secretary of Departments of Public Works and Highways d. Secretary of Finance

A common portal for registration of suppliers and advertisement of bid opportunities. a Pilot Electronic Procurement System b. Philippine Government Electronic Procurement System c. Philippine Electronic Procurement System d. Philippine Government Electronic Purchasing System

It exists when many companies offer competing products or services that are similar, but not perfect substitutes. a. monopoly b. Oligopoly c. Monopsony d. monopolistic competition

The exclusive possession or control of the supply of or trade in a commodity or service a. monopoly b. oligopoly c. monopsony d. monopolistic competition

A type of market structure that exists within an economy. In an oligopoly, there is a small number of firms that control the market. a. monopoly b. oligopoly c. monopsony d.monopolistic competition

It means there is one buyer and many sellers. a.monopoly b. oligopoly c. Monopsony d. Monopolistic competition

A market for a product or service which is dominated by a few large buyers. The concentra demand in just a few parties gives each substantial power over the sellers and can effectively keep p down. a.monopoly b. monopsony c. Oligopsony d. Oligopoly

It is performed whereby the various market segments of the particular product category are found. a. Supply market segmentation b. Market structure c. supply chain market d. demand market segmentation

It involves the evaluation and analysis of the various supply-demand trends to better understand how the various suppliers in the market compete with each other. a.supply market segmentation b. supply market analysis c.supply chain market d. demand market segmentation

The advantages of market analysis exclude- a. Spots opportunities in the market b. Helps guide interaction with suppliers c. Reduced Expenses d. Better efficiency

A verification process that accounts payable teams use to ensure that they are paying the correct amount and for the correct items. a. Invoice approval and payment b. Accounting records update c. Requests for proposal d. Three-way matching

These requests are dispatched to potential vendors to solicit bids. Vendors are carefully reviewed based on important characteristics such as peformance history, compliance records, average lead times, reputation and price a. Invoice approval and payment b. Accounting records update c.Requests for proposal d. Three-way matching

It contains everything a vendor needs to fulfill the order, including quantity, price, item number, payment information, and payment terms. a. Invoice b.Purchase Order c. Proposal d. None of the choices

It contains full details on the items or services to be obtained, including the justifications for need to be purchased from the needs analysis. a. Purchase requisition created b. Needs analysis c. Requests for proposal d. Contract negotiation and approval

The supplier delivers the goods or services within the agreed-upon timeframe. Relevant documentation, like goods receive notes for goods or timesheets for services, can be tracked recorded as evidence for future audits. a. Shipping and receiving b. Needs analysis c. Request for Proposal d. Purchase requisition created

Public procurement three categories a. Work, supplies, infrastructure b. Labor, furniture, fixture c. Work, supplies, services d. None of the choices

Which of the following statements is incorrect? a. Purchasing is the function responsible for acquiring all the materials needed by an organization. b. Procurement forms an essential link between organizations in the supply chain. c. Procurement provides a mechanism for coordinating the flow of materials between customers and end users d. None of the choices

Types of procurement. a. Private and public procurement b.Direct and indirect procurement c. Goods and services procurement d.none of the choices

They were dependent to procurement requisitions. a. Procurement team b. Requisition team c. Demand planning team d. Procurement

Raw materials a.Direct procurement b. Indirect procurement c.either a or b d. Neither a nor b

Utilities a. Direct procurement b. Indirect procurement c. Either a or b d. Neither a nor b

Manufacturing equipment a.Direct procurement b. Indirect procurement c. Either a or b d. Neither a nor b

Office furniture and fixtures a.Direct procurement b. Indirect procurement c. Either a or b d. Neither a nor b

Office supplies a.Direct procurement b. Indirect procurement c. Either a or b d. Neither a nor b

Labor a.Direct procurement b. Indirect procurement c. Either a or b d. Neither a nor b

Labor a. Direct procurement b. Indirect procurement c. Either a or b d. Neither a nor b

Marketing strategies a. Goods procurement b.Service procurement c. Either a or b d. Neither a nor b

Spare parts a.Goods procurement b. Service procurement c. Either a or b d. Neither a nor b

scm1 prelim

JOLIBETH GACOTE · 55問 · 1年前

scm1 prelim