It’s time to put what you’ve learned to the test, get 8 questions right to pass this unit.
Q1.
Which of the following documents are initiated by the Supplier?
There are three correct answers.
A
Order Confirmation
B
Advance Ship Notice
C
Invoice
D
Scheduling Agreement Release
Q2.
Which of the following does the Buyer need to include when creating a Scheduling Agreement without Releases?
Choose the correct answer.
A
Firm zone
B
All of the options above
C
Planning horizon/Validity
D
Trade-off zone
Q3.
Which are the two types of Scheduling Agreements?
There are two correct answers.
A
Scheduling Agreement without releases
B
Scheduling Agreement without Planning Horizon
C
Scheduling Agreement without Firm Zones
D
Scheduling Agreement with releases
Q4.
Which of the following documents are initiated by the Buyer?
There are three correct answers.
A
Scheduling Agreement with Release
B
Goods Receipt
C
Invoice
D
Scheduling Agreement
Q5.
Which of the following statements are true about a Scheduling Agreement?
There are two correct answers.
A
It is a form of an Outline Purchase Agreement.
B
It always contains only one line item.
C
It is a legal agreement between two parties to provide professional service for a set fee.
D
Each line item in a Scheduling Agreement can have one or more schedule lines.
Q6.
What is a Scheduling Agreement?
Choose the correct answer.
A
A Scheduling Agreement is created in response to an Advance Ship Notice.
B
A Scheduling Agreement is an agreement between three or more parties.
C
A Scheduling Agreement is a form of an Outline Purchase Agreement, similar to a Purchase Order, but it includes schedule lines that specify quantities and dates for which the goods are to be delivered.
D
A Scheduling Agreement is a form of an Outline Purchase Agreement with predefined quantities on any date.
Q7.
Which type of Scheduling Agreement delivers the entire agreement to the Supplier when the agreement is created?
Choose the correct answer.
A
Without releases – LP
B
With releases – LPA
C
Without releases – LP
D
Without releases – LPA
Q8.
Which of the following documents is created one time for the Scheduling Agreement without releases?
Choose the correct answer.
A
Advance Ship Notice
B
Scheduling Agreement
C
Order Confirmation
D
Goods Receipt
Q9.
Which of the following documents are created for each Schedule Line of the Scheduling Agreement?