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L4M8 Premium Exam Questions

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Total 196 questions

Procurement and Supply in Practice Questions and Answers

Question 45

Which sector most frequently uses invitation to tender?

Options:

Question 46

Which type of power is most likely to be used in corruption?

Options:

Question 47

What happens in the public sector, regarding providing feedback?

Options:

Question 48

What Incoterm applies here?

The goods are considered ‘delivered’ at the point of release from the supplier’s premises or another name place. The supplier is not responsible for loading or transporting the goods and does not have to arrange export clearance – this must be arranged by the buyer. The risk is on the buyer from this point.

a) EXW – Ex Works

b) FCA – Free Career

c) CPT – Carriage Paid To

d) CIP – Carriage and Insurance Paid to

Options:

A.

EXW – Ex Works

B.

FCA – Free Career

C.

CPT – Carriage Paid To

D.

CIP – Carriage and Insurance Paid to

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Total 196 questions