Vendors Quiz
RequiredRequired Question(s)
Required 1.

Enter your Name & Email

 

50 characters left.
Required 2.

Enter your School & Teacher's Name

 

50 characters left.
Required 3.

To quickly add & save a new Vendor in School POS, you are required to only fill-in these data fields
(Choose best answer below)

 

Vendor Name & Vendor ID#
Vendor Name, Vendor ID# & Vendor Terms
Vendor Name, Vendor ID#, Vendor Terms & Address/Phone
Vendor Name, Vendor ID#, Vendor Terms & Shipping ID#
Required 4.

C.O.D. & 30-days are 2 examples of Vendor Terms

True
False
Required 5.

In your Vendor file, you can add a Salesperson Contact info & Special Purchasing Notes

True
False
Required 6.

It's best practice to edit Vendor Files and add any missing contact info: Account #, Address, Phone #, email ...

True
False
Required 7.


Inventory items can only have 2 Vendors. (primary & secondary)

True
False
Required 8.


Before you purchase more inventory from a Vendor, it's a good idea to see what your current, physical stock levels are & when was the last time you purchased. 

What Vendor Report do you run?

(Choose the best answer below)

Purchasing History Report
Vendor Report
Shopping List
Auto-Purchasing List
Required 9.


For Vendor Purchasing to work correctly, every Inventory item must have?

(Choose best answer below)

SKU, Description, Package Qty, & Package Cost
Description, Package Qty, & Package Cost
Picture, Description, Package Qty, & Package Cost
Required 10.

If a District or State accountant audits your Store/Cafe business, it's important that you always. 

(Choose the best answer below)

Manually adjust Inventory Stock Counts during Purchasing
Print a Purchase Order Doc. to attach to invoice
Never throw away your Shopping Lists
Required 11.


You can pro-actively create a Purchase Order before the Vendor Delivery.

True
False
Required 12.


Most businesses reactively create a Purchase Order after Vendor Delivery.

True
False
Required 13.

You can include a Vendor delivery ($) fee in your purchase order.

If you do so, the inventory items will pay for the delivery. 

This new inventory cost is called? 

(Select best answer below)

Catalog Cost
Landed Cost
Average Cost
Premium Cost
Required 14.

The Purchase Order should mirror the Vendor invoice. For this to happen, all costs & purchase quantities must be accurate.

True
False
Required 15.

If you adjust an inventory item ($) cost in a Purchase Order, you'll later get a prompt that will allow you to change the retail ($) up or down.

True
False
Required 16.

You can automate your Vendor Purchasing by building an Order List. In order for this to work correctly, your Inventory item files must have?

(Choose best answer below)

Sku & Description
Min. Stock Qty (higher than it's physical stock count)
Min. Stock Qty (lower than it's physical stock count)
Units per Order Qty (higher than it's physical stock count)
Required 17.


Vendor purchasing history reports can show how many times you have purchased an item last month.

True
False
Required 18.

Vendor Sales reports
 can show what Vendor has generated the most ($) & Qty items sold last month.
True
False