CIPS A10 Quiz 1 Topic 1 Questions 1-5

Question: 1

Which of the following is a recognised measure of purchasing performance?

AStock exchange value of the business

BJoint performance measurement

CNet profit before tax

DSales growth analysis

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Question: 2

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

AComparing the total value of issues out of store against the same period in the previous year

BComparing the total value of receipts into and issues out of store against the same period in the previous year

CComparing the total value of receipts into store against the same period in the previous year

DComparing the total value of lost or damaged stock against the same period in the previous year.

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Question: 3

Which one of the following performance indicators is best used to assess whether there are slow moving stock items in a store?

ATotal number of items held

BAverage number of stock issues over a period

CTotal value of stock held

DAverage number of deliveries received

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Question: 4

Which of the following can be used to assess a potential supplier's quality?

AA supplier torchwood system

BA quality circle programme

CA supplier development programme

DA supplier appraisal scheme

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Question: 5

Which of the following is a recognised means of measuring obsolete stock?

ADisposal value

BCost profit volume projections

CUse of RISC controllers

DPercentage of STC unused

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CIPS A10 Quiz:1 Topic:1 Questions:1-5