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Procurement Quiz

Authored by Maria Castillon

Business

12th Grade

Used 3+ times

Procurement Quiz
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50 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Procurement is only concerned with acquiring goods and services at the lowest price.

TRUE

FALSE

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The procurement process ends when the contract is awarded to the supplier.

TRUE

FALSE

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The Government Procurement Reform Act (RA 9184) applies to both local and foreign-funded government projects.

TRUE

FALSE

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

All government agencies are required to register with PhilGEPS before participating in procurement activities.

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A procurement project is considered crucial if it is required for the day-to-day operations of a government entity.

TRUE

FALSE

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The procurement process, from bid opening to contract award, should not exceed three months.

TRUE

FALSE

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A Pre-Procurement Conference is required for all procurement projects, regardless of cost.

TRUE

FALSE

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