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QUEST Which of the following is an element of procurement management:
A inspection
B purchasing
C estimating
D expediting
E A, B and D only
參考答案：E
QUEST Which of the following types of contracts is equivalent to a cost plus contract:
A Fixed firm price
B Cost reimbursable
C Fixed price plus incentive fee
D progress payments
E All of the above.
參考答案：B
QUEST Which of the following are part of the purchasing cycle:
A define need
B prepare and issue purchase order
C inspect incoming goods
D All of the above.
E A and B only
參考答案：E
QUEST Standard of purchased material:
A Simplifies inventory control
B reduces the risk of obsolescence
C reduces cost of purchasing and storage
D All of the above.
E A and C only.
參考答案：E
QUEST Which contract type consists of - target costs & profit, ceiling prices and shared ratio of risk?
A Cost Plus Incentive Fee
B Cost Plus Percentage of Costs
C Cost Plus Fixed Fee
D Firm Fixed Price
E Firm Fixed Price Plus Incentive
參考答案：E
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