Exam (elaborations)
QPA EXAM REVIEW QUOTE THRESHOLD WITH WPA (15% OF BID THRESHOLD) RATED 100% CORRECT!!
- Course
- Institution
QPA EXAM REVIEW QUOTE THRESHOLD WITH WPA (15% OF BID THRESHOLD) RATED 100% CORRECT!!
[Show more]
Content preview
QPA EXAM REVIEWQUOTE THRESHOLD
WITH WPA (15% OF
BID THRESHOLD)
RATED 100%
CORRECT!!
Evatee 8/21/24 QPA
, QPA EXAM REVIEW QUOTE THRESHOLD
WITH WPA (15% OF BID THRESHOLD) RATED
100% CORRECT!!
What is a centralized purchasing system? Answer - Responsibility rests with an
authorized professional and is not incidental to other functions.
To simplify, clarify, and modernize the law governing commercial transaction;
to permit the continued expansion of commercial practices through custom,
usage and agreement of the parties; and, to make uniform the law among the
various jurisdictions Answer - What is the purpose of the UCC?
What is the three types of authority an agent has? Answer - Express authority,
implied authority, and apparent authority
What are the types of contracts? Answer - Competitive sealed bidding,
competitive contracting, and competitive quotations.
What are the 6 R's of purchasing? Answer - Goods and services must be
recognized in the Right time, at the right price, in the right quality, in the right
quantity, from the right source and in the right manner
What are the 3 C's? Answer - communication, cooperation, and coordination
What are the basic purchasing forms? Answer - 1) Bid proposals, 2) Requisition,
3) Purchase order, 4) Receiving report, 4) Voucher
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller EvaTee. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79789 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now