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Which of the following could these be?
When looking at credit scores, a supplier may be classified as a high risk for reasons that are not linked to poor credit. Which of the following could these be? Select TWOA . The organisation is newB . The organisation has no loans or credit cardsC . The organisation has...
A company has a low gearing of 20%. This shows that the company relies on equity capital and should therefore have less difficulty coping during tough economic times. Is this statement TRUE?
A company has a low gearing of 20%. This shows that the company relies on equity capital and should therefore have less difficulty coping during tough economic times. Is this statement TRUE?A . Yes- a low gearing ratio means the company's finances are made up of equity rather than debtB...
What does GDP tell you?
GDP is an economic index that a procurement professional can use to measure economic data. What does GDP tell you?A . the value of public limited companies within a countryB . the monatary value of the goods manufactured in a financial periodC . the value of commodities such as steel,...
What is the best way to prevent potential issues of conflicts of interest?
What is the best way to prevent potential issues of conflicts of interest?A . do not hire family membersB . openly declare potential conflictsC . do not work with suppliers who have relationships with the procurement teamD . create a risk registerView AnswerAnswer: B Explanation: The best way to deal...
Which of the following would you expect to find in an Invitation to Tender? Select THREE
Which of the following would you expect to find in an Invitation to Tender? Select THREEA . awarding bodyB . deadline (Correct)C . pricing scheduleD . qualifications requiredE . risk assessmentsView AnswerAnswer: A, D Explanation: An ITT would include details on the awarding body (usually a brief overview of the...
If a company is described as 'liquid' what does this mean?
If a company is described as 'liquid' what does this mean?A . the company is funded on equity rather than debtB . the company spends a lot of moneyC . the company is highly profitableD . the company has enough money to pay short-term liabilitiesView AnswerAnswer: D Explanation: liquid =...
FTSE100 and Sensex are examples of what?
FTSE100 and Sensex are examples of what?A . stock marketsB . commodity indicesC . financial reportsD . public sector organisationsView AnswerAnswer: A Explanation: they are stock markets. What is the FTSE 100 Index? Complete Beginner's Guide (moneycheck.com) BSE SENSEX C Wikipedia
Which of the following would be considered a strategic sourcing activity?
Which of the following would be considered a strategic sourcing activity?A . an office ordering copier paperB . a bakery ordering eggsC . a factory ordering a new machineD . a restaurant ordering plastic cupsView AnswerAnswer: C Explanation: a factory ordering a new machine is the correct answer. Strategic sourcing...
What are these four categories?
Commodities are items which can be traded on the stock exchange. These are generally divided into four categories. What are these four categories?A . metals, energy, elements and agricultureB . fruit, vegetables, meat and dairyC . energy, agriculture, metals, livestockD . chemicals, agriculture, metals and livestockView AnswerAnswer: C Explanation: energy,...
What would an EBITDA ratio show you?
What would an EBITDA ratio show you?A . how profitable a business isB . how solvent a business isC . how much of a business's funding is made up of long term debtD . how effectively a business uses its assets to generate salesView AnswerAnswer: A Explanation: EBITDA stands for...
