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CIPS Level 3 Advanced Certificate in Procurement and Supply Operations Procurement and Supply Environments

Procurement and Supply Environments

Last Update May 5, 2024
Total Questions : 90

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Questions 4

‘The value of a commodity or service measured in terms of the standard monetary unit’ describes:

Options:

A.  

Value for money

B.  

Price

C.  

Value added

D.  

Cost

Discussion 0
Questions 5

In one format for describing socio-economic groupings, skilled, semi-skilled and unskilled working class people would be classified as:

Options:

A.  

A,

B, C1

B.  

C2,

C.  

D

Discussion 0
Questions 6

Public sector procurement has a wider group of stakeholders than private sector. True or false?

Options:

A.  

False

B.  

True

Discussion 0
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Questions 7

Value for money can be defined by 'the three E's',

Select those which are not part of 'the 3 E's'.

Options:

A.  

Effluence

B.  

Effectiveness

C.  

Ecology

D.  

Energy

E.  

Economy

F.  

Efficiency

G.  

Efficacy

Discussion 0

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