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L3M3 Exam Dumps : Contract Administration

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Contract Administration Questions and Answers

Question 1

Which of the following is unlikely to be regarded as a conformance specification?

Options:

A.

A chemical formula

B.

A statement of outputs

C.

Drawings

D.

A brand name

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Question 2

A sum of money credited to a buyer by a seller in recognition of a large volume of purchases bought throughout the previous year might be called a:

Options:

A.

Retrospective rebate

B.

Vendor debit

C.

Historic refund

D.

Retrospective reward

Question 3

Conducting individual and group-based (focus groups) in-depth interviews.

Is this quantitative or qualitative data gathering?

Options:

A.

Qualitative

B.

Quantitative