CERTIFIED MATERIALS AND RESOURCES PROFESSIONAL PRACTICE TEST QUESTIONS WITH CORRECT ANSWERS

stock requisition CORRECT ANSWER Request sent to the warehouse for product stored there Electronic requisition CORRECT ANSWER Newer technique for ordering, commonly ordered, nonstock items traveling requisition CORRECT ANSWER An older technique for ordering, commonly ordered non-stock items Non-Stock Requisition CORRECT ANSWER Is prepared by the department not carried in warehouse or store room. It is used for one-time or repetitive type purchases. Repetitively ordered non-stock generally be added to item master Open order CORRECT ANSWER A pre-negotiated agreement with a supplier that does not require a specific purchase order. standing order CORRECT ANSWER The delivery of a specific amount of product on a regular basis. blanket order CORRECT ANSWER Are a long-term purchase commitment to a supplier for items that are to be delivered against short-term releases to ship. If equipment is damaged en route under F O B destination, who is responsible for shipping charges and filing the damage claims? CORRECT ANSWER The supplier, is responsible for both the shipping charges, and for filing a damage claim. If equipment is damaged en route under F O B shipping point, who is responsible for shipping charges and filing the damage claims? CORRECT ANSWER The receiver, is responsible for both shipping charges and filing a damage claim. If equipment is damaged en route under F O B destination, prepaid freight, and add, who is responsible for shipping charges and filing the damage claims? CORRECT ANSWER The receiver pays the shipping charges as a portion of their invoice, and the supplier is responsible for filing the damage claim. If equipment is damaged en route under F O B shipping point, freight allowed, who is responsible for shipping charges and filing the damage claims? CORRECT ANSWER The supplier reimburses the receiver for the shipping charges, will but the receiver is responsible for filing a damage claim.