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Procurement & Inventory Management Flashcards

6 cards from real SNA practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 6 Procurement & Inventory Management flashcards as text
  1. What is the primary purpose of a bid specification in school nutrition procurement?

    Answer: To describe the exact product requirements for vendors

    Bid specifications detail the exact product requirements—including quality standards, packaging, and delivery terms—so that vendors can submit accurate and comparable bids.

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

    Answer: FIFO (First In, First Out)

    FIFO assumes the oldest inventory items are sold or used first, which is standard practice in school nutrition to minimize food waste and spoilage.

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

    Answer: 2 CFR Part 200

    2 CFR Part 200 (Uniform Administrative Requirements) establishes procurement standards for all federal grant recipients, including school nutrition programs.

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

    Answer: $250,000

    The federal simplified acquisition threshold of $250,000 generally triggers the requirement for formal procurement methods such as sealed bids or competitive proposals.

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

    Answer: Perpetual inventory record

    A perpetual inventory record continuously tracks quantities received, issued, and on hand, providing real-time visibility into storeroom stock levels.

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

    Answer: Leveraging collective buying power for lower prices

    GPOs aggregate purchasing volume from multiple school districts, giving members greater negotiating power and access to lower unit prices from vendors.