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L3M2 Exam Dumps : Ethical Procurement and Supply

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Ethical Procurement and Supply Questions and Answers

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Question 1

The act of secretly and illegally stealing funds which have been placed in the individual’s trust, or money belonging to a person’s employer:

Options:

A.

Fraud

B.

Extortion

C.

Bribery

D.

Embezzlement

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Question 2

Where the buyer’s and seller’s conditions of contract clash, this is commonly known as ‘the battle of the…’

Options:

A.

Bulge

B.

Terms

C.

Firms

D.

Forms

E.

Papers

F.

Titans

Question 3

The price / cost …

Options:

A.

Iceberg

B.

Mountain

C.

Glacier

D.

Trench

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