Question 1

Price is the only award criterion which helps the buying organization achieve "Value for Money" in every purchases. Is that statement correct?

Options :

A : Yes, because the price will determine whether or not the supplier is competent to satisfy the order

B : No, because "Value for Money" might includes other criteria in stead of only price aspect

C : Yes, because lowest production cost is the only goal of every businesses

D : No, the price is the most crucial criterion in sourcing strategic items

Answer: B

Question 2

Which of the following sectors is legally bound by OJEU procurement procedures?

Options :

A : Private sector

B : Public sector

C : Third sector

D : Not-for-profit sector

Answer: B

Question 3

A public body in France wants to find a supplier. Where should they announce what they need?

Options :

A : They must advertise the opportunity orally

B : On a book

C : On the television

D : On the Official Journal of the European Union

Answer: D

Question 4

What document informs the customs officers about the type and value of your goods, so they can determine the amount of duties and tax you owe?

Options :

A : Packing List

B : Commercial Invoice

C : Certificate Of Origin

D : Bill of Lading

Answer: B

Question 5

Which of the following protects consumers from unreasonable terms which limit liabilities in the contracts?

Options :

A : Bribery Act 2010

B : The Sherman Antitrust Act

C : General Data Protection Regulation

D : Unfair Contract Terms Act 1977

Answer: D