POB 4.02 Purchasing

POB 4.02 Purchasing

9th - 12th Grade

20 Qs

quiz-placeholder

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POB 4.02 Purchasing

POB 4.02 Purchasing

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

Wendy Layne

Used 16+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Information about a person’s or business’s skills, abilities, and qualifications

Credentials

Personality

Aptitude

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tangible objects that can be manufactured or produced for resale

Services

Goods

Stores

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A promise made to the consumer that a product’s purchase price will be refunded if that product is not satisfactory; often called a money-back guarantee

Promise

Contract

Guarantee

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The formal, printed record of a sale that includes all necessary information as to the buyer, the seller, items purchased, amounts, prices, delivery date, credit or discount terms, etc.

Purchase order

Invoice

Ledger

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The act of determining whether to produce a needed part or purchase it from a supplier

Decision time

Make or buy decision

Just make it

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A type of producer that changes the shapes or forms of materials so that they will be useful to consumers

Retailer

Seller

Manufacturer

M

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The process of one party reaching an agreement with another party to meet specific needs or wants

Settlement

Negotiation

Profit talking

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