Question 1

What type of pricing arrangement is it when a cost per item for products or services is compiled, and used when the buyer does not know how much of something they will need at a time and how often or how long they may have the need?

Options :

A : List of duties

B : List of rates

C :

Schedule of duties

D : Schedule of rates

Answer: D

Question 2

When the person receiving the offer accepts it unconditionally, what is it known as?

Options :

A : Acceptance

B : Admission

C : Decisive

D : Full

Answer: A

Question 3

What does PQQ stand for?

Options :

A : Partner-Quality Questionnaire

B : Post-Qualification Questionnaire

C : Preferred-Quality Questionnaire

D : Pre-Qualification Questionnaire

Answer: D

Question 4

No win no fee is an example of risk and reward pricing

Options :

A : TRUE

B : FALSE

Answer: A

Question 5

What type of contract is it when the price is agreed, the goods are supplied, and the relationship ends?

Options :

A : Phase contract

B : Speck contract

C : Spot contract

D : Term contract

Answer: C