630-005.pdf - ISM 630-005 C.P.M Module 1 Purchasing Process http\/killexams.com\/exam-detail\/630-005 Answer B QUESTION 199 Which of the following would be

630-005.pdf - ISM 630-005 C.P.M Module 1 Purchasing Process...

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630-005 ISM C.P.M. Module 1: Purchasing Process
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Answer: B QUESTION: 199 Which of the following would be used to resolve buyer/seller disputes related to global shipping and packaging? A. World Trade Organization (WTO) B. General Agreement on Tariffs and Trade (GATT) C. North American Free Trade Agreement (NAFTA) D. Convention on Contracts for the Sale of Goods (CISG) Answer: D QUESTION: 200 Which of the following is likely to obligate to a fiduc iary responsibility? A. Power. B. Negotiation. C. Commitment. D. Functional authority. Answer: D QUESTION: 201 For which of the following is credit card purchases the MOST appropriate? A. Periodic services. B. Commodity items. C. Low-dollar purchases. D. Low-volume purchases. Answer: C QUESTION: 202 Which of the following would generally NOT be accepted methods of payment for goods acquired through international procurement? A. C.O.D. 61
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B. Letters of credit. C. Payment after receipt and inspection. D. Payment upon receipt of documented evidence of shipment.
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  • Summer '20
  • World Trade Organization, General Agreement on Tariffs and Trade, purchasing manager, plant manager

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