SNA Procurement & Inventory Management

Question 1

What is the primary purpose of a bid specification in school nutrition procurement?

Accepted Answer

To describe the exact product requirements for vendors

Answer

To set the maximum budget for food purchases

Answer

To list approved vendor contact information

Answer

To schedule delivery dates for the school year

Question 2

Which inventory method values stock based on the assumption that the oldest items are used first?

Accepted Answer

FIFO (First In, First Out)

Answer

LIFO (Last In, First Out)

Answer

Weighted average cost

Answer

Specific identification

Question 3

What federal regulation requires competitive procurement for school nutrition programs receiving USDA funds?

Accepted Answer

2 CFR Part 200

Answer

21 CFR Part 110

Answer

7 CFR Part 210

Answer

29 CFR Part 1910

Question 4

What is the threshold above which formal procurement procedures are typically required for school nutrition purchases?

Accepted Answer

$250,000

Answer

$100,000

Answer

$50,000

Answer

$25,000

Question 5

Which document tracks the quantity of food received, stored, and issued from a school kitchen storeroom?

Accepted Answer

Perpetual inventory record

Answer

Purchase order

Answer

Vendor invoice

Answer

Production record

Question 6

What is the main advantage of using a Group Purchasing Organization (GPO) in school nutrition?

Accepted Answer

Leveraging collective buying power for lower prices

Answer

Eliminating the need for receiving inspections

Answer

Bypassing federal procurement requirements

Answer

Reducing the number of menu items offered