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