Procurement cards - Study guides, Class notes & Summaries

Market - ANSWERSA buyer wants to spot buy propane. Which analysis process should be used to determine when to buy? a. Demand b. Supply c. Performance d. Market Mean Absolute Deviation - ANSWERSForecasts are never completely accurate. Which calculation demonstrates the degree of accuracy? a. Weighted moving average b. Absolute value of errors c. Mean Absolute Deviation d. Economic Order Quantity Developing alternate procurement operations locations - ANSWERSAn entity located on the ...

Procure to Pay ( Procurement or Expenditure) Business Process. - ️️includes the activities involved in acquiring, paying for, and maintaining the goods and services needed by an organization. Examples of SDA technologies include - ️️·Magnetic Ink Character Recognition (MICR) (such as those on checks) ·Bar Code Reader/Scanner ·Optical Character Recognition (OCR) ·Magnetic Strip on credit cards ·Credit card chips ·RFID - radio frequency identification devices ·Touch screen...

ISDS 351 Exam 2 Questions and Answers 100% Pass e-commerce - Correct Answer ️️ -exchange of money for goods and services over electronic networks and encompasses many of an organization's outward-facing processes that touch customers, suppliers, and other business partners such as sales, marketing, order taking, delivery, procurement of goods and services, and customer service Why must managers understand E-commerce. - Correct Answer ️️ -they must understand their customers and t...

CPPB Exam Questions with Complete Solutions Procurement Technology - Answer-Helps accelerate business improvements Results Oriented Budgeting - Answer-Attempts to link a resource allocation to performance criteria Budget Cycle - Answer-1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards - Answer-payment method whereby internal customers are empowered to deal directly with suppliers using a credit card Four principles of negotiation - Answer-1. separate pe...

Procurement Technology Helps accelerate business improvements Results Oriented Budgeting Attempts to link a resource allocation to performance criteria Budget Cycle 1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards payment method whereby internal customers are empowered to deal directly with suppliers using a credit card Four principles of negotiation 1. separate people from the problem 2. create a variety of options before deciding ...

Procurement Technology - ANSWER-Helps accelerate business improvements Results Oriented Budgeting - ANSWER-Attempts to link a resource allocation to performance criteria Budget Cycle - ANSWER-1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards - ANSWER-payment method whereby internal customers are empowered to deal directly with suppliers using a credit card Four principles of negotiation - ANSWER-1. separate people from the problem 2. create a variety of...

The limitation for convenience check (CC) accounts for overseas contingencies differs from the regular CC account limitation in that it allows for transactions up to $10,000. True An Approving Officer (AO) responsible for originating, approving, or processing the requirement for a check may also be a convenience check custodian. False Cardholders in contracting organizations must comply with Federal Acquisition Regulation (FAR) requirements when the card is used as a payment meth...

NYS Funeral Law Part 1 Questions and Answers Already Passed Must a funeral firm display a sign outside of the building identifying it as a funeral home? Yes, Every funeral firm must display a sign with the name as registered with the NYS DOH. What are the required parameters of funeral home signage, outdoors? A funeral home sign must be conspicuously located at or near the main entrance, and lettering must have a minimum height of 1.5 inches. Must a funeral firm use the funeral fi...

Procurement Technology - ANSWER Helps accelerate business improvements Results Oriented Budgeting - ANSWER Attempts to link a resource allocation to performance criteria Budget Cycle - ANSWER 1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards - ANSWER payment method whereby internal customers are empowered to deal directly with suppliers using a credit card Four principles of negotiation - ANSWER 1. separate people from the problem 2. create a variety of...

CPPB Prep Domain I: Procurement Administration Already Graded A Inputs Measures resources used. They include labor, materials, equipment, and supplies. Demand for services may also be considered an input metric. Outputs Record activity or effort that can be expressed in a quantitative or qualitative manner. Outcomes Asses results of an activity and show whether expected results were achieved. Must be benchmarked against other departments and outside organizations. A benchmark is simply a point...