Understanding various purchasing policies along with data maintenance, you consolidate your knowledge with a summarizing quiz. This quiz will be a cumulative summary of items reviewed in the Purchasing 101, 201 and 301 sections. You can review this section as many times as needed prior to taking the section quiz.
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Question 1 of 7
1. Question
The purchase order flow includes generating the requisition.
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Question 2 of 7
2. Question
Which of the following is true regarding the periodic review?
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Question 3 of 7
3. Question
Each of the following is an example of action messages EXCEPT:
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Question 4 of 7
4. Question
Which of these functions would be an advantage of a decentralized purchasing organizational structure?
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Question 5 of 7
5. Question
When developing a procurement strategy, which of the following activities should be performed first?
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Question 6 of 7
6. Question
Tactical buying is only focused on transactions and nonstrategic material purchases.
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Question 7 of 7
7. Question
Globalization does not refer to which of the following: Does not show choices, should be multi-select
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