Page 12 - Participant Guide - Unanet GovCon Using Purchasing
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Check Your Understanding


                          1.  From the following, which is the best definition of Purchasing?
                                 a)  The act of issuing customer invoices
                                 b)  The act of buying the goods and services that a company needs to
                                     operate and/or manufacture products
                                 c)  The act of paying vendors

                          2.  Unanet has built-in functionality to track and maintain the necessary
                              compliance information throughout the course of a contract. What
                              complaint agency requires the use of these tools?
                                 a)  Generally Accepted Accounting Principles (GAAP)
                                 b)  National Association of State Boards of Accountancy (NASBA)
                                 c)  Contractor Purchasing System Reviews (CPSR)

                          3.  What Unanet role(s) is needed in order to Approve Purchase Requisitions
                              and create Purchase Orders?
                                 a)  Purchasing Manager and Purchaser
                                 b)  Purchasing Manager and Purchase Requestor
                                 c)  Purchase Requestor and Purchaser



                      Refer to Appendix A for answers to the Check Your Understanding questions






































               LESSON 1: PURCHASING
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