Indirect procurement - Study guides, Class notes & Summaries

CLC 056 exam Analyzing Contract Costs Exam (contains 55 questions) • Here is your test result.The dots represent the choices you have made. • The highlighted questions are the questions you have missed. • Remediation Accessed shows whether you accessed those links.'N' represents links not visited and 'Y' represents visited links. The offeror customarily treats similar costs as “other direct costs” under similar circumstances The proposed cost benefits only the proposed contract work Th...

TESTBANK&SOLUTION MANUAL FOR Managerial AccountingTools for Business Decision Making, 6th Canadian Edition, Jerry Weygandt, Paul Kimmel, Ibrahim Aly CHAPTER 1 MANAGERIAL ACCOUNTING SUMMARY OF QUESTION TYPES BY LEARNING OBJECTIVE, BLOOM’S TAXONOMY, LEVEL OF DIFFICULTY, AACSB CODES, AND CPA CODES Item LOBTLODAACSB CPA Item LO BT LODAACSB CPA Item LO BT LODAACSB CPA True-False Statements 1. 1 C E AN MA 3. 2 K E AN MA 5. 4 K E AN MA 2. 1 C E AN MA 4. 2 K E AN MA Multiple Choice Ques...

CON 170 Fundamentals of Cost and Price Analysis MIDTERM EXAM_2023. 1. Which of the following statements most closely summarizes government pricing objectives? b. Acquire goods and services from responsible sources at fair and reasonable prices. 2. As a contract specialist, you should be aware that: a) Different sellers in the same market may have different pricing objectives and approaches. b) Sellers in different markets often have different approaches to contract pricing. c) A single fir...

Review Test Submission: Exam 2 CON 170 [REVIEW TEST SUBMISSION: EXAM 2 CON 170   Review Test Submission: Exam 2 CON 170 User Course CON170_20055-Virtual Instructor-Led Training;06/16/2020 08:00 AM- Test Exam 2 CON 170 Started 6/25/20 9:05 AM Submitted 6/25/20 10:40 AM Status Completed Attempt Score Grade not available. Time Elapsed 1 hour, 35 minutes out of 2 hours and 30 minutes Results Displayed Submitted Answers, Incorrectly Answered Questions • Question 1...

CIPS L4M1 Scope and Influence of Procurement and Supply correctly answered 2024 What is Procurement? - correct answer Procurement is a STRATEGIC function of a business obtains something Tangible as goods or Intangible as services. Include Purchasing Inventory, Logistics, Supply, Waste Management Quality, Cost, Added Value What is Purchasing? - correct answer Is the ACT of physically ordering and buying something. What is Supply? - correct answer Is the INFRASTRUCTURE which ensures that...

CIPS L4M1 Scope and Influence of Procurement and Supply Questions and Answers Graded A+ What is Procurement? Procurement is a STRATEGIC function of a business obtains something Tangible as goods or Intangible as services. Include Purchasing Inventory, Logistics, Supply, Waste Management Quality, Cost, Added Value What is Purchasing? Is the ACT of physically ordering and buying something. What is Supply? Is the INFRASTRUCTURE which ensures that products and services get from supplie...

CIPS Level 4 Module 1 Questions and Answers Rated A+ The Purchasing process 1. Define Specification. 2. Select Supplier 3. Contract Agreement 4. Ordering 5. Expediting 6. Evaluation Follow up Definition of Procurement & Supply recognition of the fact that the purchasing function has a role in not just "buying inputs" but in "securing supply" Direct Costs These are costs which can be identified directly with the production of a good or service; e.g. raw materials. Usually ...

Procurement - ANSWER Procurement is a strategic function of the business, includes the elements such as : Added Value, Cost, Inventory, Logistics, Purchasing, Quality, Supply. Purchasing - ANSWER Purchasing is the act of physically ordering and buying something. It can be can be tangible or intangible. Supply - ANSWER Supply is the infrastructure which ensures that products or services get from supplier to customer. Procurement can be direct and indirect, tangible and intangible, stock ...

The Purchasing process - ANSWER 1. Define Specification. 2. Select Supplier 3. Contract Agreement 4. Ordering 5. Expediting 6. Evaluation Follow up Definition of Procurement & Supply - ANSWER recognition of the fact that the purchasing function has a role in not just "buying inputs" but in "securing supply" Direct Costs - ANSWER These are costs which can be identified directly with the production of a good or service; e.g. raw materials. Usually strategic or leverae suppl...

OMIS 352 FINAL EXAM ACTUAL QUESTIONS AND ANSWERS SOLVED 100% _____ address where the project stands in terms of meeting scope, time, and cost goals a.Status reports b.Lessons-learned reports c.Technical reports d.Progress reports Ans- A. Status Reports Analogous estimates are also known as _____ estimates. a. parametric b. bottom-up c. top-down d. budgetary Ans- C. Top Down Which of the following is true about identifying stakeholder? a.It is not very difficult t...

CIPS Level 4 Module 1 questions and answers 2024/2025The Purchasing process - correct answer 1. Define Specification. 2. Select Supplier 3. Contract Agreement 4. Ordering 5. Expediting 6. Evaluation Follow up Definition of Procurement & Supply - correct answer recognition of the fact that the purchasing function has a role in not just "buying inputs" but in "securing supply" Direct Costs - correct answer These are costs which can be identified directly with the production of a ...