Question: please help me with the below multiple choice for procurement management : 1 . Match the question with the correct answer. 1 . 1 A

please help me with the below multiple choice for procurement management :
1.Match the question with the correct answer.
1.1 A barcode form that consisting of labels with information about from whom the item is purchased.
1.2 A compusterised system that identify's purchasing needs.
1.3 This involves the physical checking of inventory to authenticate that the system records equal actual on-hand inventory levels.
1.4 It gives a full description of the required material or service such as quantity, date of delivery etc.
1.5Unlike the normal the order forms, it forms part of the organisations internal information system.
a. Kanbans
b. Travelling requisitions
c. Purchasing requisitions
d. Reorder point systems.
e. Stock checks
2.This situation caters for repetitive or routine items because the terms and conditions of the contract are known and periodically re-established with the supplier.
a. Procurement rebuy
b. New Task situtation
c. Modified rebuy
d. Straight rebuy
3.In this step, the user function must identify the need well in advance to avoid urgent orders.
a. Origin of the need
b. Bidding and negotiation
c. Closing the order
d. Selection of suppliers
4.Match the statement with correct answer
4.1Receives a copy for verifying the invoice and for payment.
4.2The original order copy
4.3Receives a copy notifying it to expect delivery.
4.4Keeps a copy for follow-up and expediting and as a control measure in case of part of deliveries of the order.
a. Supplier
b. Purchasing Function
c. Financial function
d. Receiving Function
5.Step 3 of the purchasing and supply process is specification.
True
False
6.The purpose of expediting entails constantly monitoring the suppliers progress with the order and is of particular importance in international purchasing.
True
False
7.Used for more complex requirements in which price is just one of the several key decision variables.
1.RFP
2. RFP & RFI
3. RFB
4. RFI
5. RFI & RFB
6. RFQ
8.There are four purchasing situations.
True
False
9.A modified rebuy situation happens when the organization purchases a new product from a known supplier only.
True
False
10.The receiving function is responsible for the orderly internal distribution of deliveries to the user functions and for obtaining a receipt from the user.
True
False

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!