Free Advanced Contract and Financial Management Exam L5M4 Exam Practice Test

SIMULATIONXYZ Limited is a large retail organization operating in the private sector which is looking to raise long- term capital. Discuss three long-term financing options which XYZ may u se. (25 points)

SIMULATIONA company is keen to assess the innovation capacity of a supplier. Describe what is meant by 'innovation capacity' and explain what measures could be used. (25 marks)

SIMULATIONDescribe what is meant by Early Supplier Involvement (10 marks) and the benefits and disadvantages to this approach (15 marks).

SIMULATIONDescribe three ways in which an organization can encourage a healthy short-term cash flow by engaging in the effective management of debtors and credit management (25 points)

SIMULATIONWhat is the difference between competitive and non-competitive sourcing? (12 marks)In which circumstances may a non-competitive sourcing approach be more appropriate? (13 marks)

SIMULATIONXYZ Ltd is a manufacturing organisation who is looking to appoint a new supplier of raw materials. Describe 5 selection criteria they could use to find the best supplier. (25 marks)

SIMULATIONWith reference to the SCOR Model, how can an organization integrate operational processes throughout the supply chain? What are the benefits of doing this? (25 points)

SIMULATIONExplain what is meant by ‘supplier selection’ (25 marks)

SIMULATIONWhat is a ‘Balanced Scorecard’? (15 marks). What would be the benefits of using one? (10 marks)

SIMULATIONPeter is looking to put together a contract for the construction of a new house. Describe 3 different pricing mechanisms he could use and the advantages and disadvantages of each. (25 marks)