General Process
What is the meaning of SOW?
Statement Of Work
Mention a key document for carrying out the price audit development
FCL, EBA, Concentrate Price Calculation, Amedment
Mention a test that is carried out in the testing phase
Price list, Packaging Cost, NWSP, Taxes, Sales Volume
Which documents are required to perform the price list test?
Price list from bottler
Which documents are required to perform the NWSP test?
Concentrate Price Calculation
FCL
Mention a step that is executed in the initial phase
Meeting to define audit details with client
SOW signature
What is the meaning of FCL?
Franchise Commitment Letter
Which sample is selected after performing the price list test?
Billing Reports Sample
In which document can I validate the applicable NWSP percentage?
FCL
Who provides the invoices related to packaging costs?
Bottler
Mention two steps that are executed in the advanced phase
Develop all tests
Preliminary results meeting
What is the meaning of EBA?
Exclusive Bottling Appointment/Agreement
Who provides the billing reports?
Bottler
What information is required to perform the sales volume test?
Sales Volume Report from bottler
What information is required to perform the tax test?
Concentrate Price Calculation
Local Legislation Law
Mention three steps that are executed in the results phase
Pre close meeting with PI and bottler
Close meeting (PI-Bottler-Auxis)
What is an addendum?
A document that modify something about the original document
Which brands should be included in the tests?
Brands agreed with client (scope)
Is the following statement false or true? Valid information will always be the one contained in the concentrate price calculation prepared by PI
False
Is the following statement false or true? All costs are accepted in the concentrate price calculation
False
How many phases does the general process of pricing audit contain?
6 phases
What type of information does an FCL contain?
What are the three criteria for selecting the sample of billing reports?
Price difference
Price change
Random
What is the tolerable percentage difference in the sales volume test?
+-1%
What does the recalculation test consist of?
Consist in develop the concentrate price calculation taking into consideration findings detected and the methodology on official documents