As well as a Goods Received Note (GRN), three-way matching to authorise a payment to a supplier should involve two other documents. Which two?
Under a contract with a price adjustment clause, which of the following would commonly be grounds for price adjustment (depending on the precise contract terms)?
Protecting domestic industry from the effects of global competition is known as:
Which of the following are normally not a source of funds for a third sector organisation?
‘The value of a commodity or service measured in terms of the standard monetary unit’ describes:
Which one of the following is a commercial document issued by a buyer describing requirements for products or services to be provided by a seller?
The 'five forces' model is also known as an 'Industry Structure Analysis'.
True or false?
Which of the following would be / should be subject to health and safety legislation?
In which one of the following sectors would you least expect to find seasonal unemployment:
Public sector procurement has a wider group of stakeholders than private sector. True or false?
Which one of the following is a document describing the requirement of a buying organisation, and may be used in seeking quotations or in a tender process? It may take the form of a written descrip-tion, drawing, model, chemical formula, etc.
The principle that different spends may require different procedures, with different levels in the or-ganisational hierarchy having different spend authorisations is called: