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    NC4 - Administration - Multiple Choice Questions

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    rcbhavsar4402
    (1) This document provides sample exam questions and answers for the Level 2 Certificate in Procurement and Supply Operations. (2) The questions cover topics like definitions of efficiency, steps in the procurement process, reasons for safety stocks, forecasting techniques, and calculations related to inventory management. (3) The correct answers are identified and the learning outcomes and reference sections from the CIPS study guide are provided for each question.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    NC4 - Administration - Multiple Choice Questions

    Uploaded by

    rcbhavsar4402
    327 views6 pages
    (1) This document provides sample exam questions and answers for the Level 2 Certificate in Procurement and Supply Operations. (2) The questions cover topics like definitions of efficiency, steps in the procurement process, reasons for safety stocks, forecasting techniques, and calculations related to inventory management. (3) The correct answers are identified and the learning outcomes and reference sections from the CIPS study guide are provided for each question.

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    NC4_Administration_Multiple Choice Questions (1)

    Original Title

    NC4_Administration_Multiple Choice Questions (1)

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    (1) This document provides sample exam questions and answers for the Level 2 Certificate in Procurement and Supply Operations. (2) The questions cover topics like definitions of efficiency, steps in the procurement process, reasons for safety stocks, forecasting techniques, and calculations related to inventory management. (3) The correct answers are identified and the learning outcomes and reference sections from the CIPS study guide are provided for each question.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    327 views6 pages

    NC4 - Administration - Multiple Choice Questions

    Uploaded by

    rcbhavsar4402
    (1) This document provides sample exam questions and answers for the Level 2 Certificate in Procurement and Supply Operations. (2) The questions cover topics like definitions of efficiency, steps in the procurement process, reasons for safety stocks, forecasting techniques, and calculations related to inventory management. (3) The correct answers are identified and the learning outcomes and reference sections from the CIPS study guide are provided for each question.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    The document contains sample exam questions for the Level 2 Certificate in Procurement and Supply Operations (NC4) qualification. The questions cover topics such as objectives of purchasing, the purchasing process, inventory management, forecasting techniques.

    To inform purchasing and finance of any quality problems

    Materials for use in manufacturing

    Level 2

    Certificate in Procurement and


    Supply Operations

    NS
    NC4 - Procurement and
    supply administration

    IO
    EST
    QU
    EXAM EXEMPLAR QUESTIONS
    MULTIPLE CHOICE QUESTIONS AND ANSWERS
    PLE

    The correct answer will be identified as the [KEY]


    M
    SA

    SN
    13 IO
    20 ICAT
    IF
    AL
    QU

    Page 1 of 6 NC4 Exam Exemplar Questions Mar2013


    Q1 Question

    An objective of purchasing is to ensure efficiency.

    Which of the following is a definition of efficiency?

    Answers

    (a) Using an enterprise resource planning system

    S
    (b) Reviewing supplier delivery performance

    ION
    (c) Completing tasks without wasting inputs [KEY]

    (d) Accomplishing tasks that fit in with overall objectives.

    Learning outcome: 1.1


    CIPS study guide reference: Section 1.14

    Q2 Question

    EST
    Which of the following is used at the start of the formal purchasing process?

    Answers
    QU
    (a) Invitation to tender

    (b) Request for quotation

    (c) Purchase order

    (d) Purchase requisition. [KEY]


    PLE

    Learning outcome: 1.2


    CIPS study guide reference: Section 3.3
    M
    SA

    Page 2 of 6 NC4 Exam Exemplar Questions Mar2013


    Q3 Question

    What is the purpose of a goods received note?

    Answers

    (a) To inform the supplier that the goods have been received

    (b) To inform purchasing and finance of any price discrepancies

    S
    (c) To inform purchasing and finance of any quality problems

    ION
    (d) To inform purchasing and finance the goods have arrived. [KEY]

    Learning outcome: 1.3


    CIPS study guide reference: Section 3.3

    Q4 Question


    Which of the following are direct supplies?

    Answers

    (a) Spare parts for maintenance and repair


    EST
    QU
    (b) Office supplies and equipment

    (c) Materials for use in manufacturing [KEY]

    (d) Goods not for resale.

    Learning outcome: 2.1


    PLE

    CIPS study guide reference: Section 2


    M
    SA

    NC4 Exam Exemplar Questions Mar2013 Page 3 of 6


    Q5 Question

    Which of the following is a reason for holding safety stocks?

    Answers

    (a) To accommodate demand variability [KEY]

    (b) To increase stock recording accuracy

    S
    (c) To reduce order and handling costs

    ION
    (d) To utilise available storage capacity.

    Learning outcome: 2.2


    CIPS study guide reference: Section 1.2-1.8

    Q6 Question


    weekly demand is 100 units.

    Which of the following is the re-order level?


    EST
    The safety stock of an inventory item is 100. The supply lead-time is two weeks and the average

    Answers
    QU
    (a) 100

    (b) 200

    (c) 300 [KEY]

    (d) 400.
    PLE

    Learning outcome: 2.3


    CIPS study guide reference: Section 1.2 -1.8
    M
    SA

    Page 4 of 6 NC4 Exam Exemplar Questions Mar2013


    Q7 Question

    The acronym MRP stands for:

    Answers

    (a) Materials requirement planning [KEY]

    (b) Manufacturing retail planning

    S
    (c) Maintenance repair planning

    ION
    (d) Maintenance resource planning.

    Learning outcome: 2.3


    CIPS study guide reference: Section 3.2 -3.7

    Q8 Question


    Answers
    EST
    Which of the following is an example of expediting supplies?

    (a) Emailing a supplier for a detailed quotation


    QU
    (b) Making a phone call to the supplier to check on progress [KEY]

    (c) Calculating how much should be ordered

    (d) Selecting suppliers with the shortest quoted lead time.

    Learning outcome: 3.1


    PLE

    CIPS study guide reference: Section 2.13-2.18


    M
    SA

    NC4 Exam Exemplar Questions Mar2013 Page 5 of 6


    Q9 Question

    Which of the following is a subjective forecasting technique?

    Answers

    (a) Delphi method [KEY]

    (b) Moving average

    S
    (c) Time series analysis

    ION
    (d) Periodic review.

    Learning outcome: 3.3


    CIPS study guide reference: Section 2.13-2.18

    Q10 Question


    Answers
    EST
    Which statement describes the calculation of a weighted moving average?

    (a) All data is given the same weighting unless there is a trend
    QU
    (b) More recent data is given a lower weighting than older data

    (c) More recent data is given a higher weighting than older data [KEY]

    (d) Questionnaires are sent to a group of experts to collect data.

    Learning outcome: 3.3


    PLE

    CIPS study guide reference: Section 3.3-3.8


    M
    SA

    Page 6 of 6 NC4 Exam Exemplar Questions Mar2013

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