IIA-CGAP practice question 12 of 35
___________ is a contract for a supply that does not procure or specify a firm quantity of supplies (other than a minimum or maximum quantity), and…
Choose your answer, then check it against the explanation.
___________ is a contract for a supply that does not procure or specify a firm quantity of supplies
(other than a minimum or maximum quantity), and that provides for the issuance of orders for the
delivery of supplies during the period of the contract. Where as _________ is a contract that may be
used to acquire supplies and/or services when the exact times and/or exact quantities of future
deliveries are not known at the time of contract award.
Question 12 of 35
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