Pass the CIPS CIPS Level 3 Advanced Certificate in Procurement and Supply Operations L3M2 Questions and answers with CertsForce

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Viewing questions 11-20 out of questions
Questions # 11:

The abbreviation ‘PDCA’ represents the words:

Options:

A.

Plan do check assess


B.

Purchase do check act


C.

Procure, distribute to customers actively


D.

Plan do check act


Expert Solution
Questions # 12:

Restricted or limited tendering is also sometimes known as:

Options:

A.

Effective


B.

Elective


C.

Selective


D.

Invective


Expert Solution
Questions # 13:

The time between recognition / origin of the need; through to usage or consumption is described as:

Options:

A.

Procurement lead time


B.

Seller’s lead time


C.

Maker’s lead time


D.

True / total lead time


E.

User's lead time


Expert Solution
Questions # 14:

The time between recognition / origin of the need; through to usage or consumption is described as:

Options:

A.

User’s view of lead time


B.

Seller’s lead time


C.

Maker’s lead time


D.

True lead time


E.

Procurement lead time


Expert Solution
Questions # 15:

A product of less-than-satisfactory quality might be said to have a:

Options:

A.

Defect


B.

Affect


C.

Reject


D.

Effect


Expert Solution
Questions # 16:

The Profex textbook for this subject, states that ‘specifications are said to be ‘the heart of the con-tract’. The book then goes on to state that goods supplied must be ‘fit for…’

Options:

A.

A King


B.

Usage


C.

The requirement


D.

Purpose


Expert Solution
Questions # 17:

The axes on the Kraljic matrix are (select two):

Options:

A.

Cost / profit impact


B.

Supplier perception of the buyer


C.

Number of suppliers


D.

Risk to security of supply


Expert Solution
Questions # 18:

Individuals, units, teams, groups or organisations that have an influence over procurement, or which are affected by procurement operations, can be called:

Options:

A.

Customers


B.

Stakeholders


C.

Shareholders


D.

Wholesalers


Expert Solution
Questions # 19:

The usefulness of lifetime costing is for decision-making about whether to acquire an asset with an expected:

Options:

A.

After life


B.

Shelf life


C.

Short life


D.

Long life


Expert Solution
Questions # 20:

Regarding quality management, how many defects?

Options:

A.

Zero


B.

One


C.

Three


D.

Two


Expert Solution
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