Total 175 Questions |
Updated On: Oct 30, 2024
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Question 1
A contract can be amended if both parties are in agreement, for example, to revise quantities, KPIs, payment terms, length of contract, etc.
Answer: A
Question 2
Transport, Inventory, Motion, Waiting, Over Production, Over Processing and Defects are more commonly known as what?
Answer: B
Question 3
A buyer review suppliers’ CSR policies prior to contracting but is no necessary to do again throughout contract to ensure they remain in line
Answer: B
Question 4
All procurement professionals should to be familiar with, understand and apply the CIPS Code to ensure that their work meets with the Code’s guidelines.
Answer: A
Question 5
What is said to be the control of the flow of goods or services between two points?
Answer: B
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Total 175 Questions |
Updated On: Oct 30, 2024
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