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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

‘Expediting’ is:

Options:

A.

Setting off for Nepal

B.

Taking an audit of warehouse stock

C.

Seeking approval for organisational expenditure

D.

Chasing up orders already placed

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Question 2

Giving or taking a payment of money to induce a person to act in breach of trust and do something they should not do is called:

Options:

A.

Embezzlement

B.

Extortion

C.

Fraud

D.

Bribery

Question 3

‘The usefulness of lifetime costing is for decision-making about whether to acquire an asset with an expected:

Options:

A.

Short life

B.

Long life

C.

After life

D.

Shelf life

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