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NEW QUESTION: 1
A risk analysis is the process of identifying elements and their probability of occurrence leading to injury, damage, loss, or failure. Supply management professionals face risk in three categories. Which of the following answers is incorrect?
A. Market characteristics
B. Buyer Characteristics
C. Supplier Characteristics
D. Item characteristics
Answer: B
Explanation:
A risk analysis is the process of identifying elements and their probability of occurrence leading to injury, damage, loss, or failure. Supply management professionals face risk in three categories.
Buyer characteristics is incorrect and not a risk form. The remaining responses are all correct: Item characteristics, Market characteristics, and Supplier Characteristics.

NEW QUESTION: 2
What are the two types of warehouse tasks?
There are 2 correct answers to this question.
Response:
A. HU tasks
B. Location tasks
C. Stock movement tasks
D. Transfer tasks
E. Product tasks
Answer: A,E

NEW QUESTION: 3
An internal auditor for a large bank is reviewing the collectibility of a loan that is secured by real property. The best evidence of the loan's collectibility would be:
A. A document showing the loan committee's approval of the loan.
B. A properly completed and signed loan application form.
C. A recent independent appraisal of the value of the real property.
D. The borrower's confirmation of the loan balance.
Answer: C

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