APICS CPIM BSCM Session 8 questions and answers with solutions

APICS CPIM BSCM Session 8 questions and answers
with solutions



to obtain goods and services of the required quality and right cost -
ANSWER Which of the following is an objective of purchasing?


a. to keep many sources ofsupply available to ensure competitive pricing


b. to control budgetary expenditures ofall employees through sound PO
control


c. to obtain goods and services of the required quality and right cost


d. to ensure that goods are always purchased at the lowest price


purchase requisition - ANSWER In a purchasing system, which of the
following originates with the department or person who will be the
ultimate user?


a. purchase requisition


b. PO

, c. vendor selection


d. request for quotation


sole sourcing - ANSWER Which type of sourcing is set up when a product
is unique and available from only one source?


a. single sourcing


b. sole sourcing


c. multiple sourcing


d. double sourcing


issue PO - ANSWER Which of the following is the next step in the
purchasing cycle after a requisition is generated?


a. follow up


b. approve payment


c. receive goods