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ExamsCAS-002Questions#472
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CAS-002 · Question #472

CAS-002 Question #472: Real Exam Question with Answer & Explanation

The correct answer is D: Request for quote. A request for quote (RFQJ is a procurement document that you, the buyer in this instance, will provide to the vendor. The RFQ asks the vendor to provide just a price for the identified work, product, or service. Answer option B is incorrect. Request for proposal is a type of proc

Question

You are completing the requirements for vendor selection and need to create a procurement form that will ask the vendor to provide only a price for commercial-off-the-shelf solution. What type of procurement form will you need to provide to the vendor?

Options

  • APurchase order
  • BRequest for proposal
  • CRequest for information
  • DRequest for quote

Explanation

A request for quote (RFQJ is a procurement document that you, the buyer in this instance, will provide to the vendor. The RFQ asks the vendor to provide just a price for the identified work, product, or service. Answer option B is incorrect. Request for proposal is a type of procurement document used to request proposals from prospective sellers of products or services. It invites the vendors to create a proposal, which can include ideas, suggestions, and more for the project. In some application areas, it may have a narrower or more specific meaning. Answer option C is incorrect. A request for information is a query from the buyer to the seller asking for additional information such as brochures, references, samples of their work, or white papers. It's not a promise or intent to purchase from the vendor, but it asks the vendor to provide more information about their business. Answer option A is incorrect. A purchase is a pre-determined agreement on price where you may ask the vendor to provide the goods or service.

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