Get premium membership and access revision papers, questions with answers as well as video lessons.

Principles Of Purchasing (Pscm 024) Question Paper

Principles Of Purchasing (Pscm 024)

Course:Accounting, Finance& Investments

Institution: Kenya Methodist University question papers

Exam Year:2013

TIME: 2 HOURS
Instructions: Answer question one and any other two questions.
Question One
Define the following terms
Purchasing
(2mks)
Procurement
(2mks)
Explain the role of purchasing and supply department in an organization.
(8mks)
Discuss the factors influencing centralization of the purchase and supply department.
(5mks)
Identify four typical fraundulent activities in purchasing and supply and methods of prevention.
(8mks)
Explain five different types of purchasing and supply department records.
(5mks)

Question Two
Describe the purchasing cycle and the document involved at every stage of the cycle.
(15mks)
List five advantages of functional organizational structure.
(5mks)

Question Three
Define the term outsourcing and explain the consideration made in deciding what to outsource.
(10mks)
Describe the factors considered in make or buy decisions.
(10mks)

Question Four
What is international sourcing?
(3mks)
What factors lead the organization to sourcing internationally. (10mks)
List seven challenges in international sourcing.
(7mks)

Question Five
Discuss the advantages of standardization from procurement concept.
(6mks)
Discuss five key purchasing techniques used to purchase common items (small values) in an organization.
(5mks)
Discuss the role of the tender committee in procurement
(10mks)

More Question Papers

Birs 111 : Critical And Creative Thinking

Cisy 432:Distributed Systems

Bbit 232:Database Systems

Bbit 241 Cisy 131 (Computer Networks / Telecommunication Networks)(2 Trimester 2016)

Cisy 332:Network Hardware And Configuration

Computer Networks (Bbit 241) (Cisy 131) (Dbit 223) (Dcis 121) 1St Trimester 2016

Database Management (Bbit 232) (Cisy 221) 2Nd Trimester 2015

Database Systems (Bbit 232) (Cisy 221) (Comp 340) (Bsis 115) (Dbit 221) (Dcis 106) 3Rd Trimester 2014

E-Commerce (Bbit 436) (Cisy 428) 1St Trimester 2016

E-Commerce (Bbit 436) (Cisy 428) 2Nd Trimester 2015

E-Commerce (Bbit 436) (Cisy 428) 3Rd Trimester 2015

Introduction To Computer Networks (Bbit 241) (Cisy 131) 2Nd Trimester 2014

Introduction To Computer Networks (Cisy 131) (Bbit 241) (Dbit 223) (Dcis 121) 2Nd Trimester 2015

Introduction To Information Systems (Bbit 111) 2Nd Trimester 2012

Introduction To Sociology (Sost 131) 1St Trimester 2015

Introduction To Sociology(Sost 131)2Nd Trimester 2016

Object Oriented Analysis And Design (Bbit 335) (Cisy 411) 3Rd Trimester 2014

Object Oriented Programming (Bbit 223) (Cisy 210) (Dcis 120) 2Nd Trimester 2014

Principles Of Marketing (Mktg 218) 2Nd Trimester 2014

Principles Of Marketing (Mktg 218) 2Nd Trimester 2017

Simulation And Modeling (Bbit 417) (Cisy 403) 3Rd Trimester 2014

System Analysis And Design(Bbit 231)( Cisy 222)( Dbit 124)( Dcis 104)2Nd Trimester 2016

Systems Analysis And Design (Bbit 231) (Cisy 221) 1St Trimester 2017

Systems Analysis And Design (Bbit 231) (Cisy 222) 1St Trimester 2015

Accf 330Intermediate Accounting 1

Accf 430Financial Management Ii

Accf 431 Tax Planning And Management

Accf 432Auditing 1

Accf 434: Auditing Ii

Acct 010 :Principles Of Accounting

Acct 112: Principles Of Accounting 1

Acct 112: Principles Of Accounting 1

Acct 112: Principles Of Accounting 1

Acct 112: Principles Of Accounting 1

Acct 112: Principles Of Accounting 1

Acct 112: Principles Of Accounting 1

Acct 117 Principles Of Accounting Ii

Acct 219: Cost Accounting

Acct 430: Advanced Accounting 1

Acct 430Advanced Accounting I

Acct 431 :Taxation

Acct 431 :Taxation

Agricultural Geography (Geog 401)

Agricultural Geography (Geog 401)

Artificial Intelligence (Cisy 422) (Bbit 333) 3Rd Trimester 2012

Ansc 251 :Principles Of Animal Health

Ansc 254:Principles Of Animal Breeding

Ansc 254:Principles Of Animal Breeding

Agricultural Geography(Geog 401)

Agricultural Geography(Geog 401)

Popular Exams

Return to Question Papers

Quick Links