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Section 4.00
Test Description: Read each statement carefully and select the best answer.
Instructions: Answer all questions to get your test result.
1) One of the employers responsibilities is to ensure that workers have health and safe training for all workers
A
False
B
True
2) Bid analysis is defined as:
A
comparing prices offered by different vendors for the same goods and services
B
purchasing just the quantity of supplies that is needed
3) The buying of goods and services for a business is called ____
A
purchasing process
B
purchasing
4) The form that a business fills out to order goods; may be the same as a purchase agreement or purchase contract.
A
Reorder point
B
Purchase order
5) ________ is the inventory level at which a company would place a new order or start a new manufacturing run.
A
Reorder point (or reorder level)
B
Safety stock
6) Dispatching is defined as issuing orders for production to begin
A
False
B
True
7) ______ is making sure products meet standard and are completed according to plan
A
Planning
B
Follow - up
8) When you maintain a ______ of supplies for your business it is operating efficiently
A
vendor
B
inventory
9) _______ are people who work to produce goods and service in the production process.
A
Capital Good
B
Human resources
10) ________the way in which production will be carried out.
A
Scheduling
B
Production process
11) A federal government agency that writes and enforces safety and health standards for businesses.
A
Occupational Safe and Health Act of 1970
B
The Fair Labor Standards Act (FLSA) of 1938
12) Obtain written confirmation from suppliers of verbal quote(s) and keep a file to file with office copy of the purchase order.
A
FALSE
B
TRUE
*select an answer for all questions
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