Public purchasing - Study guides, Class notes & Summaries

LML4806 PORTFOLIO MEMO - MAY/JUNE 2024 - SEMESTER 1 - UNISA - DUE DATE :- 17 MAY 2024 (DETAILED ANSWERS WITH FOOTNOTES AND BIBLIOGRAPHY - DISTINCTION GUARANTEED!) QUESTION 1 [20] 1.1 According to Milton Friedman, “there is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profits…” With reference to the principle of corporate social responsibility, discuss the meaning of corporate social responsibility and...

CSLB CONTRACTOR'S EXAM PRACTICE QUESTIONS AND ANSWERS LATEST UPDATE 2023-2024. Which act establishes the rights of workers to organize into unions and negotiate contracts? - Answer National Labor Relations Act of 1935 A contractor has had a problem with employees stealing tools and equipment from job sites. When conducting job interviews, may the contractor ask prospective employees about their arrest records? A. It is legal to ask prospective employees about arrests not leading to convi...

ATI COMMUNITY HEALTH PROCTORED EXAM is available for immediate download after purchase. In the event you encounter any difficulties with the download, please feel free to reach out to me. I will promptly send it to you through Google Doc or email. Thank you. If you're preparing for the ATI Community Health Proctored Exam, our study guide provides a comprehensive resource to aid your preparation. This material is designed to cover all the key topics and content that will be tested in the exam...

Jean and John Simmons are married and own their own home as tenants by entirety. When John dies the home is valued at $350,000. How much will be counted in his gross taxable estate? A. None, as it passes directly to his spouse, Jean. B. $175,000 - or one-half of the value C. $225,000 - or the full amount minus the $125,000 one-time exclusion for capital gains on a person residence. D. $350,000 - the full amount is includable. B. $175,000 - or one-half the value Once a will is prope...

List the 5 methods that can be used to dispose of personal property: -:- Transfers, Public Auctions, Trade-ins, Sales to other local contracting units, sealed bids The Purchasing Cycle has been recognized as the Six R's because goods and services must be obtained: -:- In the Right Quality, Right Quantity. At the Right Time, Right Price. From the Right Source. And in the Right Manner. True or False - The Cooleys Doctrine provides for a strict construction approach of state supremac...

Purchasing - ANSWER-the act, function and responsibility for the purchase of equipment, materials, services, and construction required by an organization to satisfy the needs of the requestor at the best value for the state while confirming to ethical business practices. past purchasing trends - ANSWER-1. bidding out all requirements 2. multiple transactions 3. always awarding to the lowest bidder 4. process driven without thought 5. no certification required current purchasing trends ...

Insurance - Transfer of risk from one person or organization to an insurance company Indemnity - The principle to restore the insured to the pre-loss economic or financial condition. Law of Large numbers - Mathematical principle used by insurers to predict losses to charge the appropriate premiums Insurable Interest - Proof that someone stands to lose financially if a loss occurs; must exist at the time of the loss in property and casualty insurance Binder - Temporary insurance contr...

Insurance commissioner has the authority to..? - enforce state insurance laws Department of Insurance has the power to..? - Supervise the organization, regulation, examination, rehabilitation, liquidation and conservation of all insurance companies doing business in the state Insurance laws have been written to protect - the insuring public The commissioner has 3 main authorities - 1. Executive Authority 2. Legislative Authority 3. Judicial Authority Executive Authority - to enforce stat...

Best value  means awarding contracts based on several factors: a vendors ability to successfully complete the contract on time, at the quality level pecified, at the offered price. technical quality of the supplies and services offered and the vendors past performance on similar contracts. The principal objectives of the public purchasing  obtain materials, services, and facilities required by public organizations, when and where the materials services and facilities are needed,...

GOLD COAST FINAL EXAM STUDY SET for 4/11 [100% Correct] 1 acre is how many square feet? *Ans* 43,560 A broker is entitled to compensation if they... *Ans* bring a buyer who brings an offer the seller was looking for A buyer drops off an escrow check on Monday. To avoid any trouble with FREC, the broker must deposit the check by close of business on which day? *Ans* Thursday A spouse who is left out of a will can claim? *Ans* Elective share 30% Abstract Continuation *Ans* history of ti...