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Pearson L3M1 New Attempt

Page: 6 / 7
Total 90 questions

Procurement and Supply Environments Questions and Answers

Question 21

As well as a Goods Received Note (GRN), three-way matching to authorise a payment to a supplier should involve two other documents. Which two?

Options:

A.

Service Level Agreement

B.

Invoice

C.

Purchase Order

D.

Bill of Materials

Question 22

Which of the following is likely to reduce 'capital growth'? Select all that apply.

Options:

A.

Increased sales

B.

Payment of high salaries and large allowances to senior managers

C.

Payment of dividends

D.

Increased profit

Question 23

'Partnerships are not-for-profit entities'. True or false?

Options:

A.

False

B.

True

Question 24

Which one of the following is a document issued by a buyer to conduct an initial assessment of the suitability of a potential supplier for possible future use, either for a specific requirement or to add to a list of approved suppliers?

Options:

A.

Pre-qualification QUESTION NO:naire

B.

Invitation to tender

C.

Supplier quotation

D.

Request for quotation

Page: 6 / 7
Total 90 questions