Explain how government purchasing and procurement differ from the private sector according to the passage.

Effective Supervisory Practices p172-175

Quiz
•
Others
•
12th Grade
•
Hard
Joshua Thompson
FREE Resource
16 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Government purchasing is more regulated than the private sector.
Private sector purchasing is more regulated than government purchasing.
Both sectors have the same level of regulation.
Government purchasing is less regulated than the private sector.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are some of the conflicting goals mentioned in the passage that government procurement must balance?
Efficiency and transparency
Cost reduction and quality assurance
Speed and compliance
Innovation and risk management
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the passage, why are ethical values in government procurement important?
They ensure transparency and fairness.
They increase the cost of procurement.
They delay the procurement process.
They are not important.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the impact of ensuring transparency and accountability in government procurement as mentioned in the passage?
It leads to increased corruption.
It ensures efficient use of resources.
It decreases public trust.
It has no impact.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A small direct purchase is:
a large-scale investment
a minor transaction made directly
a complex financial strategy
an indirect method of buying
6.
OPEN ENDED QUESTION
3 mins • 1 pt
Which document is sent from the buyer to a vendor to confirm the amount, type, and price of goods or services?
Evaluate responses using AI:
OFF
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The difference between an invoice and a receipt is:
An invoice is a request for payment, while a receipt is proof of payment.
An invoice is proof of payment, while a receipt is a request for payment.
An invoice and a receipt are the same thing.
An invoice is issued after payment, while a receipt is issued before payment.
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