SES Canada to SES US Day 1

Which of the following is a requirement for the OIT policy to be considered a written contract?

• It must be signed by an authorized agent of both parties.

• It must specify the monetary details.

• It must identify the specific products and services to be provided.

• It must be formally approved and accepted by Philips.

According to the OIT policy, what must be specified regarding the product?

• The risks and rewards of ownership.

• The authorized agents of both parties.

• Where and when the product is to be delivered and installed.

• The formal approval by Philips.

In Scenario 1, what must a PO include when a valid signed contract is in place?

• Language referencing a valid contract number

• Wording that PO or customer terms supersedes the transaction

• A signature slot

• A direct reference to the quote

In Scenario 2, what is required if a PO has a signature slot and is received via email?

• The PO must include a direct reference to the quote

• The PO must include a reference to the contract number

• The PO must be signed by both customer and supplier

• The PO must be sent via postal mail

In Scenario 3, what must be signed and initialed in the appropriate section?

• The Quote

• The PO

• The Contract

• The Invoice

In Scenario 4, what must all POs evidencing a change order or modifying an existing PO include?

• Language referencing the contract number it modifies

• Wording that PO or customer terms supersedes the transaction

• A handwritten note from the customer

• A reference to the original PO

What must a PO specify clearly according to the Booking Policy?

• Only the products and quantities

• Only the partners and values

• The partners, products, quantities, and values

• Only the delivery date and PO number

To which address must the PO be addressed according to the Booking Policy?

• Philips Canada (Mississauga office or Accounts Receivable PO Box 4290 in Toronto)

• Philips USA (New York office or Accounts Receivable PO Box 1234 in New York)

• Philips Europe (London office or Accounts Receivable PO Box 5678 in London)

• Philips Asia (Tokyo office or Accounts Receivable PO Box 9101 in Tokyo)

Which of the following cannot be included in a PO according to the Booking Policy?

• Delivery date and PO number

• Wording that PO or customer terms supersedes or governs the transaction

• Reference to the quote number

• Contract number

What must a PO reference if it is an order with a contract?

• The quote number

• The delivery date

• The contract number

• The product quantity