Purchases specification - Study guides, Class notes & Summaries

SCMN 2150- test #2 Questions & Answers 3 main steps of supply chain. - ANS-1. supply chain 2. strategic sourcing 3. procurement goal of supply management. - ANS-buy products and services; at the right price; from the right source; at the right specification; in the right quantity; for delivery at the right time; to the right internal customer importance of supply management. - ANS-ability to generate a sustainable advantage through lower costs, higher quality, and better service from our...

CIPS - L4M3 Commercial Contracting - CHAPTER 1Difference between Estimate, Quote and Tender (1.1, p. 2) - correct answer Estimate = has no legal standing, simply a 'best guess' by the supplier. *NOT a firm offer*. should be avoided within a commercial contract Tender / Quotation = *both are firm offers* to do something at a quoted rate or price. Tenders are more comprehensive / detailed. Quotation (1.1, p.3) - correct answer - normally used when the only variable is price - T/Cs are of...

CPPO EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. • Three types of final audit reports: - -- Intradepartmental reports - designed to inform the management concerning departmental matters - Interdepartmental reports - given to other departments on a "need-to-know" basis - Higher management reports - issued to senior management and other key personnel 1984- Competition in Contracting Act - -• Federal procurements • Increase full & fair competition • Reduce number of ...

Acquisition or disposition of Real Property Central Register? - Notice Advertising Requirements for Real Property MGL c38B, s16 (d) - - Central register submission April 11 -Earliest Central Register publication April 19 -Central Register date (30 days) April 24 -One week more (newspaper) May 9 -8 days prior (newspaper) May 16 -Bud submission date May 24 Advertising the IFB must include? - -state where, when and for how long the IFB may be obtained -Describe the supply or service needed...

FUNERAL HOME MANAGEMENT FINAL STUDY GUIDE (FSE 2202). EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ *Intangible* assets - --Funeral home name -Goodwill -Covenant-not-to-compete -Copyrights -Trademarks -Patents *Tangible* assets - --Cash or bank accounts -Accounts receivable (money owed by customers) -Inventories (items purchased for resale) -Prepaid Expenses -Land -Machinery and Equipment -Buildings A business organization that is recognized by the law as having a separate legal...

QPA EXAM - NJ STATE - RUTGERS - 2020The formal organization of purchasing in NJ Municipalities was created by the laws of? - correct answer 1917 what type of contract is most common? - correct answer firm fixed pricing When is an emergency purchase acceptable? - correct answer Affecting publics health, safety & welfare what is a requisition? - correct answer the start of a P.O- dept. requesting item What is the purpose of having a purchasing manual? - correct answer to have guideline...

WGU C215 Study Guide – FINAL with correct answers 2023 (New Questions) Total Quality Management (TQM) Philosophy - correct answer 1. customer focus 2. continuous improvement 3. employee empowerment 4. use of quality tools 5. product design 6. process management 7. managing supplier quality Process Capability Index (Cpk) - correct answer Basic function of Six Sigma. Measures the process potential and performance of processes. The higher the range of Cpk, the improved is the ability of...

CON 237 Simplified Acquisition Procedures Exam Questions and Answers 100% Pass You have a requirement to buy a large commercially available, prefabricated wash rack for your installation. The catalog price is $102,000. Simplified acquisition procedures can be used The Director of training for the installation has a request to purchase 25 televisions and 25 DVD recorders for the new training facility that will open next month. Each television will cost approximately $525, and each DVD recorder ...

CCSP - Certified Cloud Security Professional Exam Questions and Answers 100% Pass Anything-as-a-Service - Answer- Anything-as-a-service, or "XaaS," refers to the growing diversity of services available over the Internet via cloud computing as opposed to being provided locally, or on premises. Apache CloudStack - Answer- An open source cloud computing and Infrastructure as a Service (IaaS) platform developed to help Infrastructure as a Service make creating, deploying, and managing cloud...

a computer program that copies itself an infects and disrupts the operation of other computers without the users knowledge - virus a computer program that performs work not related to the computer - application a computer that controls the flow of information along a network - server a configuration of computers that enables users to share data' programs, and devices such as printers - network a high performance computer used for large volume computing purposes that service numerous comp...