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CPPB EXAM Complete Questions & Answers(COMPLETE FULL SOLUTIONS PACK!!!!)

CPPB EXAM Complete Questions & Answers(COMPLETE FULL SOLUTIONS PACK!!!!)CPPB EXAM Complete Questions & Answers(COMPLETE FULL SOLUTIONS PACK!!!!)CPPB EXAM Complete Questions & Answers(COMPLETE FULL SOLUTIONS PACK!!!!)CPPB EXAM Complete Questions & Answers(COMPLETE FULL SOLUTIONS PACK!!!!)CPPB EXAM C...

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CPPB Exam Prep Complete Questions and Answers(Scored A+)

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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 Full Prep Complete Questions and Answers(SCORED A+)

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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 Correct 100%(RATED A+)

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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 PRACTICE TEST ||50 QUESTIONS|| Accurate 100%(RATED A+)

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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 Practice Test, Domain I. Procurement Administration Correct 100%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 Complete Questions and Solutions(RATED A+)

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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 Complete Questions & Answers(RATED A+)

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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 Exam Complete Questions & Answers(Latest Update 2024)

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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 TEST 2 Complete Questions & Answers(Graded A+)

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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 PRACTICE TEST Accurate 100%(RATED A+)

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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 agency is looking into cooperative purchasing practices. After conducting some analysis, the agency would lik...

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CPPB Prep Domain I: Procurement Administration 100% Correct(Rated A+)

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Inputs - ANSWER Measures resources used. They include labor, materials, equipment, and supplies. Demand for services may also be considered an input metric. Outputs - ANSWER Record activity or effort that can be expressed in a quantitative or qualitative manner. Outcomes - ANSWER Asses results...

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CPPB Prep|| 165 Questions|| Complete Solutions|| Verified(GRADED A+)

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The Materials Manager for the Utility department has to keep parts and materials in stock to maintain all 42 pump stations as well as all the infrastructure to keep the town citizens supplied with clean, pure, well water. This service has to be provided 24/7, and all essential maintenance, repair pa...

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CPPB TEST - DOMAIN V Correctly Answered!!

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LAST-IN FIRST OUT (LIFO) - ANSWER Utilized in Private Sector. Due to taxes, it is beneficial to use the latest received item JUST-IN-TIME (JIT) INVENTORY - ANSWER Inventory system in which companies manufacture or purchase goods just in time for use. Technique focused on the inventory reduction ...

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CPPB TEST - DOMAIN III Correct 100%(RATED A+)

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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 - Domain VI - Strategic Procurement Planning Correct 100%(RATED A+)

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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 Prep Guide Quizzes With Solutions(Graded A+)

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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 TEST - DOMAIN III Correct 100%(RATED A+)

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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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