CPFO Examination– Procurement 2023
CPFO Examination– Procurement 2023 Procurement - Correct Answer-is the process through which government acquires goods and services for its own use The stages procurement - Correct Answer-planning/scheduling, source selection/ purchasing, contract administration Fundamental objective of procurement - Correct Answer-to provide goods and services in the right quality and quantity on a timely basis as efficiently as possible and at the lowest overall cost Suspension - Correct Answer-the vendor is prohibited from receiving government contracts temporarily pending an investigation of activities likely to result in debarment.
Written for
- Institution
- CPFO Procurement 2023
- Course
- CPFO Procurement 2023
Document information
- Uploaded on
- July 17, 2023
- Number of pages
- 2
- Written in
- 2022/2023
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
-
cpfo examination– procurement 2023