Which ONE of the following submits the Purchase Requisition to the Procurement Department?

• Employee

• Finance department

• Department receiving goods

What is the next step after the Purchase Requisition has been approved by the Purchasing Manager?

• Review reasons for denial.

• Select vendor.

• Request for quotations.

• Issue Purchase Order to vendor.

Which department pays the vendor?

• Procurement department.

• Finance department.

• Department ordering the goods.

• Department receiving the goods.

We are advised to get at least ______ quotation/s when we want to purchase goods.

• 1

• 2

• 3

• 4

If a purchase request exceeds a predetermined amount, approval must be sought from

• a senior person.

• the Purchasing Officer.

• the Purchasing Manager.

• the Finance Manager.

When requesting for quotations, staff must give a ___________ brief to each supplier to ensure uniformity of communication.

Select THREE actions which are done by the Procurement Department.

• Review the Purchase Requisition.

• Request for quotations.

• Select vendor.

• Issue Purchase Order to vendor.

• Review order.

Select THREE actions which are done by the Finance Department.

• Request for quotations.

• Issue Purchase Order to vendor.

• Receive Invoice from vendor.

• Review order.

• Pay vendor.

After the payment, the purchaser makes a record of it for bookkeeping and auditing purposes.

Therefore, all documents from Purchase Requisition to Invoices must be ________.

All of the following are benefits of moving the procurement process online EXCEPT

• simplified process.

• shorter processing time.

• longer processing time.

• able to deal with suppliers anywhere in the world.