Purchasing in Transportation Services and Supply Chain Management MCQs
Purchasing in Transportation Services and Supply Chain Management MCQs
Answer these Purchasing in Transportation Services and Supply Chain Management MCQs and assess your grip on the subject of Purchasing in Transportation Services and Supply Chain Management.
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1: A transport company’s contract and receipt for materials and equipment; agreement to transport from one location to another and to deliver to a designated individual or party is known as ____.
A. Zero-sum bargaining
B. Bills of lading
C. Somme
D. None of these
2: A set of Core carriers that a shipper organization has identified as business partners that execute on individually agreed performance and price commitments.
A. True
B. False
3: The term FOB is an stand for:
A. free on board.
B. fee on buyer.
C. first on board.
D. freight origin buyer.
4: A delivery term that places liability with the purchaser once the freight leaves the dock, but the vendor is going to pay the shipping costs is known as ______.
A. F.O.B.
B. F.O.B. destination
C. F.O.B. origin
D. None of these
5: Title of merchandise passes to the purchaser at the time of delivery; however, transportation and freight charges are prepaid by the vendor and added to the invoice is known as _____.
A. F.O.B.
B. F.O.B. destination
C. F.O.B. origin
D. None of these
6: Less-than-truckload shipments handle small shipments below 10,0000 pounds.
A. True
B. False
7: Surface transportation is freight movements by ________,mail, foreign trade zones, and other modes of transport other than water and air is known as ?
A. Truck
B. Rail
C. Pipeline
D. All of these
8: Transportation is facilitating the movements of raw materials and component parts from suppliers through the firm’s manufacturing process to the ultimate customers.
A. True
B. False
9: TL Shipments are defined as loads in excess of 10,00000 pounds.
A. True
B. False
Purchasing in Transportation Services and Supply Chain Management MCQs
