INTERNATIONAL TRADE

44. Other consideration in procurement includes …

61. Open tendering allows all the following except one.

74. Procurement planning is all the following except.

62. Suppliers that have expressed interest are required to complete a pre-qualification questionnaire in the following.

39. The ultimate purpose of sound procurement is to…..

54. What best defines Negotiation to you?

30. Terminal Operator is the last step for importation?

93. All of this are purpose of lean management except.

76. All of these are benefit of procurement planning except.

3. How many key roles of procurement were discussed?

28. When does the importer forward a copy of his form to the exporter?

89. Pick the correct statement

88. All of these are advantages of QMS except.

25. Companies should be registered with the following agency.

4. The tendering Procedure includes the following except

1. Which of the answers best define Procurement?

23. …….. allows importers bypass tedious ports inspection process and a reduced rate?

72. How many rights of purchasing was discussed?

95. Inventory cost involves all the follow except.

70. …….. Is important in our everyday life because we are stuck in finding solution to common problem.

53. Under the characteristics of procurement and buying method, which includes ‘The aim is to obtain the best price for the suppliers’.

75. All of these are features of procurement except.

100. Qualification of an auditor includes all the follow except.

24. What is the first step before importation process is carried out?

90. All of these are ways of improving communication except.

34. Terminal operator handles, Terminal handling, loading of cargo, Issues bills for handling and rent.

83. All the following are in the continuous improvement cycle except.

58. ……….is a type of contract between the buyer and seller in which the latter agree to supply specific quantities of items over a certain period of time.

46. When does value based source come into the picture

96. SRM is a consistent wide approach that defines how to manage suppliers.

56. When do we spot buy?

22. The NCS maintains a fast track window through which select importers may forward their cargoes directly to their warehouses where custom procedures such as examination and payments are undertaken.

80. One of the many advantage of ……. Is, it is customer focused. It seeks to offer quality from the point of view of the customer.

20. The NCS system replaced Risk assessment report system in …. With the objective of facilitating trade and revenue collection.

32. The Forwarder does all of the following except?

16. The Nigerian’s single window Portal allows traders access Information about them and need to know information without payment or documents submission, or transaction tracking.

77. Jury of execution opinion is under what forecasting technique

35. Receiver’s agent abroad Arrange inspection, Transports cargo to importer etc

36. Importer receives the cargo?

73. What is GRN?

51. One of these is not part of the risks discussed.

57. Periodic contract is needed when the exact future requirement can be forecasted….

92. Is customer service an effective skill in procurement?

12. The Combined Certificate Value & Origin (CCVO) contains the description of goods, port of destination, country of origin, date of shipment, country of supply etc.

9. What is the final stage in the Cycle stage?

8. What STAGE in the Cycle stage, is the Contract Signature?

67. ………… is a strategic skill required in procurement professionals to maintain an ongoing relationship with an organization’s customers.

2. One of the following is not a Procurement Function.

Nigeria’s single window portal is

10. The two communication involved in procurement are Internal with Users and ………

27. Regulatory certificates should be gotten for items that are regulated.

33. Shipping company is in charge of…..

45. Basic principles of public procurement includes…

86. How man component of QMS do we have.

38. Value may imply more than just the price, for example, since quality issues are also needed to be addressed.

60. Multiple sourcing includes all the following except

63. What skill focuses on achieving specified goals within a specified time

52. Technological risk involves all the following except

11. Procurement function in Nigeria, in Import and Export is to receive clearance for goods imported into Nigeria.

37. Procurement deals with the following

87. What is QMS?

6. What Cycle stage is Request for Proposal, Request for Price, Request for Quotation (RFP, RFQ)?

29. The PAAR is issued and the importer does what?

78. Procurement method includes the following except.

21. The NCS is working with the World customs organization to grant Authorized Economic Operator (AEO) status to importers and clearing agents who have maintained a satisfactory level of trade compliance.

47. Supply disruption can be defined as any unforeseen event that disturb the normal flow of goods and materials in a supply chain.

84. All of the following are QMS principle except.

26. How many steps should be taken when you want to import to Nigeria?

5. How many procurement Cycle stage do we have?

85. The QMS documents can consist of the following documents: quality policy, plan and manual, procedures, work instructions and records.

94. How many types of human mistake was discussed?

79. Procurement duties involves the following except.

98. A successful procurement auditor must understand the work structure, system and the documentation process of the organization.

97. All of these are social responsibilities to buy except.

68. You can have every management skill but if you are not keen on………. You may fail the interview.

55. All of these are objectives of negotiation except?

82. ……….. Ensures that an organization, product or service is consistent.

49. Political / Legal risk include …

42. Accountability is at once a key Inducement to individual and institutional probity, a key deterrent to collusion and corruption and key perquisite to procurement credibility. This process is known as what in procurement?

91. There’s no communication without someone to send the message to or receive it. Is this statement …

69. Understanding digital technology comprises of ……………, machine learning, big data, crypto currency, etc.

65. Procurement professionals with strategic management skill can advise organization on the following except

18. The Nigeria Ports Authority’s objective is to coordinate all port related and cargo clearance activities for a seamless and paperless operation.

64. Strategic Management postulates in-depth knowledge of such market and offers insights to companies before the undertake production.

13. What year was the Combined Certificate Value & Origin (CCVO) replaced with the simpler certification of Origin?

66. What is the purpose of category management?

81. Procurement requisition includes all of the following except.

41. …….. Is impartial, consistent and therefore reliable.

71. After an organization has successfully selected supplies, the next thing to do is draw up a contract. This is called….

43. Good procurement establishes and then maintains rules and procedures that are accessible and unambiguous. It’s not only fair, but it is seen to be fair. This process in is known as what in procurement?

50. Business cycle, Money supply, inflation, Unemployment, Disposable income, Energy availability & cost are all under?

99. Audit model includes the follow except.

7. Compete the following : In STAGE 6 of the Cycle stage, price evaluation including

40. …… is simple and swift without protracted delays?

15. The Nigerian’s Single Window Portal is a trade facilitation project of how many Nigerian Government Agencies?

59. Single sourcing includes the following except

48. One of the main functions of supply management is to…