Free CIPS A10 Exam Dumps Questions & Answers

Which of the following recognises the purchasing function adding value to an organisation?

• A.  The buyers placing more orders
• B.  The buyer placing more orders in bulk
• C.  The department having meetings with more suppliers
• D.  The buyer sourcing a lower cost suitable product

Which of the following is the most often quoted benefit of joint performance measurement and relationship building techniques?

• A.  More understanding of the supply chain
• B.  More professional development
• C.  More varied problems
• D.  Supplier base enlargement

Which of the following would be the expected outcome of agreeing extended payment terms with a supplier?

• A.  An improvement to the debtor portfolio of the buying company.
• B.  An improvement to the capital base of the supplier
• C.  An improvement to the creditor payment system
• D.  An improvement to the buying company's cash flow

Which of the following is a term used to describe a measurement system where a buyer and a supplier both obtain a benefit?

• A.  A return on investment system
• B.  An ABC tabulation system
• C.  A joint performance system
• D.  An advanced tender system

Which of the following is a useful indicator that the value of stock held is too high or too low?

• A.  Comparing the total value of issues out of store against the same period in the previous year
• B.  Comparing the total value of lost or damaged stock against the same period in the previous year.
• C.  Comparing the total value of receipts into and issues out of store against the same period in the previous year
• D.  Comparing the total value of receipts into store against the same period in the previous year