Answer the following statements true (T) or false (F)
1) Defining key metrics and cost-sharing mechanisms occurs after opportunities for development have been identified as part of the supplier development process.
2) Identifying key projects to work on occurs before the critical supplier is identified for the supplier development process.
3) The first step in the process of designing and implementing a supplier scorecard is to develop the performance measures.
4) The final step in the process of designing and implementing a supplier scorecard is to educate the supplier on performance measures and implications.
5) A supplier scorecard is used for price negotiations with the supplier.
1) TRUE
2) FALSE
3) TRUE
4) TRUE
5) FALSE
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a. Segregation duties b. Safeguarding assets and records c. Independent verifications d. Proper authorizations
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