quiz

1.The first step in the budgeting process is a review and concurrence on the organization’s goals and objectives. (Points : 1) True False Question 2.2.Data mining has its roots in all of the following except: (Points : 1) Computer science Statistics Pattern recognition Bulk buyingQuestion 3.3.A capital budget will most likely not include planned expenditures for: (Points : 1) Buildings Machinery Equipment TravelQuestion 4.4.The operational importance of supply management includes all of the following except: (Points : 1) Supporting American manufacturing firms Providing an uninterrupted flow of materials Keeping inventory investment at a minimum Finding and developing competent sourcesQuestion 5.5.Data mining has its roots in all of the following except: (Points : 1) Computer science Statistics Pattern recognition Bulk buyingQuestion 6.6.Which of the following are not critical to successfully managing the global supply chain: (Points : 1) Cost Quality Delivery ProximityQuestion 7.7.All are laws/acts that address restraint of trade except: (Points : 1) Sarbanes-Oxley Sherman Antitrust Robinson-Patman ClaytonQuestion 8.8.When performing a spend analysis non-addressable spending categories are of highest concern to a supply management professional. (Points : 1) True False Question 9.9.Non-financial considerations to consider when developing sourcing strategies include all the following except: (Points : 1) Lean systems Consignment inventory JIT Payment termsQuestion 10.10.Deming and Juran are most known for their contributions to managing the supply chain. (Points : 1) True False