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CPPB Exam, Prep Guide, Practice Test, Domain I, CPPB Exam, CPPB Exam, Exam Prep, PRACTICE TEST, TEST 2, Domain VI, CPPB TEST 2, DOMAIN III, CPPB Exam,

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CPPB Prep Guide Questions With Correct Answers

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An entity purchases several different types of mobile phones to meet employees' preferences. This is causing inefficiencies. What action can be taken to address and correct the inefficiencies? A. creation of performance specifications B. sole sourcing C. benchmarking D. standardization - Answer sta...

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CPPB Prep Course Practice Test Questions With Correct Answers

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FIXED-PRICE WITH ESCALATION/DE-ESCALATION - Answer The purchasing officer of the governmental agency has expressed serious concerns about the number of repetitive requisitions, solicitations and POs that are being processed to purchase gasoline for the organization. Every time a new order is placed,...

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CPPB Exam Prep Questions With Correct Answers

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Cost Plus Percentage of Cost Contracts - Answer An agreement on a construction project in which the contractor is provided a specified percentage profit over and above the actual costs of construction. These contracts are considered poor business practice because the contractor has little incentive ...

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CPPB Practice Test, Domain I. Procurement Administration Correct 100%

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An entity purchases several different types of mobile phones to meet employees' preferences. This is causing inefficiencies. What action can be taken to address and correct the inefficiencies? - Answer Standardization A buyer has been invited to join a supplier account representative for lunch t...

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CPPB Exam Questions With Accurate Answers

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Surety - Answer A pledge or guarantee by an insurance company, bank, individual, or corporation on behalf of the bidder/proposer to satisfy the contractual obligations. accountability - Answer the principle that employees who accept an assignment and the authority to carry it out are answerable t...

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CPPB Exam Questions & Answers

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Procurement Technology - Answer Helps accelerate business improvements Results Oriented Budgeting - Answer Attempts to link a resource allocation to performance criteria Budget Cycle - Answer 1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards - Answer payment met...

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CPPB Exam Prep Questions Answers

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What does the procurement policy of an entity reflects? - Answer -The entity's legal system -The goals and values of the entity -Policies and practices federal-level entities use to acquire goods and services; this may not apply to state or local entities What should the overall purpose of a ...

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CPPB PRACTICE TEST 50 QUESTIONS WITH CORRECT ANSWERS

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Express the organization's purpose for existence - Answer An organization's mission statement should: Legal and statutory requirements - Answer An agency is revising its document retention schedule. To what should the governmental entity look for guidance? Cooperative Contract - Answer An ag...

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CPPB TEST 2 Questions With Verified Answers

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Fixed-Price Escalation/De-escalation - Answer The procurement officer of the governmental agency has expressed serious concerns about the number of repetitive requisitions, solicitations and purchase orders that are being processed to purchase gasoline for the organization. Every time a new order is...

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CPPB Exam - Domain VI - Strategic Procurement Planning Exam Questions With Correct Answers

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SWOT analysis - Answer a planning tool used to analyze an organization's strengths, weaknesses, opportunities, and threats Pareto Principle - Answer 80% of purchasing cost is created by 20% of the purchase orders issued spend analysis - Answer process of collecting, cleansing, classifying and...

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CPPB TEST 2 Questions With Correct Answers

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Fixed-Price Escalation/De-escalation - Answer The procurement officer of the governmental agency has expressed serious concerns about the number of repetitive requisitions, solicitations and purchase orders that are being processed to purchase gasoline for the organization. Every time a new order is...

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CPPB TEST - DOMAIN III Questions With Verified Answers

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WHAT IS THE GOAL OF NEGOTIATION? - Answer To achieve a mutual goal referred as win-win agreement. STAGES OF NEGOTIATION - Answer 1. Planning 2. Actual Negotiation 3. Completion What are the objectives of a principled Negotiation? - Answer 1. produced a wise agreement 2. To be efficient 3....

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CPPB Exam Questions With 100% Accurate Answers

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Radio frequency identification (RFID) - Answer New approaches to distribution and inventory managements. Vendor Managed Inventory - Answer Mostly in private sector, where vendor manages inventory. Electronic signatures - Answer Digital signatures that permit sending authentic electronic docume...

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