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CPPB Prep Bundled exam with 100% with perfect answers 2024

CPPB Prep with 100% with perfect answers 2024 CPPB Prep with 100% with perfect answers 2024

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CPPB Exam Prep with perfect answers 2024

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Cost Plus Percentage of Cost Contracts correct answersAn 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 ince...

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CPPB Full Prep with 100% perfect answers 2024

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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 correct answ...

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CPPB Prep Course - Practice Test with perfect answers 2024

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FIXED-PRICE WITH ESCALATION/DE-ESCALATION correct answersThe 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 p...

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CPPB Exam with perfect answers 2024

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Procurement Technology correct answersHelps accelerate business improvements Results Oriented Budgeting correct answersAttempts to link a resource allocation to performance criteria Budget Cycle correct answers1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards co...

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CPPB with perfect answers 2024

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Advantages of Leasing correct answersL- lessor carries burden of the investment so lessee can use working capital for other opportunities. E - entire expense of lease can sometimes be treated as an operating expense minimizing taxable income A - available equipment on short term basis for projects...

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CPPB PRACTICE TEST (50 QUESTIONS) with perfect answers 2024

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

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CPPB exam prep with perfect answers 2024

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What does the procurement policy of an entity reflects? correct answers-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...

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CPPB Prep Domain I: Procurement Administration with perfect answers 2024

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Inputs correct answersMeasures resources used. They include labor, materials, equipment, and supplies. Demand for services may also be considered an input metric. Outputs correct answersRecord activity or effort that can be expressed in a quantitative or qualitative manner. Outcomes correct an...

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CPPB Practice Test, Domain I. Procurement Administration with perfect answers 2024

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Inputs correct answersMeasures resources used. They include labor, materials, equipment, and supplies. Demand for services may also be considered an input metric. Outputs correct answersRecord activity or effort that can be expressed in a quantitative or qualitative manner. Outcomes correct an...

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CPPB Prep with 100% with perfect answers 2024

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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 2 with perfect answers 2024

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Fixed-Price Escalation/De-escalation correct answersThe 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 or...

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CPPB Prep D.N. Questions with 100% perfect answers

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C. Start a file that documents the conflicts correct answersIf considering contract termination, the agency should first: A. Take punitive action against the contractor. B. Stop accepting delivered products or services offered by the contractor. C. Start a file that documents the conflicts. D....

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CPPB Prep Guide Quizzes with perfect answers 2024

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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 correct answ...

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CPPB PRACTICE TEST with perfect answers 2024

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$14.49

Legal and statutory requirements correct answersAn agency is revising its document retention schedule. To what should the governmental entity look for guidance? Cooperative Contract correct answersAn agency is looking into cooperative purchasing practices. After conducting some analysis, the agen...

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CPPB Domain IV - Contract Development and Management with perfect answers 2024

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6 Elements of a Contract correct answers1)Offer and Acceptance 2)Definiteness 3)Legal Consideration 4)Mutuality of Obligation 5)Competent Parties 6)Legal Purpose Element of a Contract: Offer and Acceptance correct answersA promise or comittment to do, or not do, a specified thing in the future. E...

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CPPB TEST - DOMAIN III with perfect answers 2024

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WHAT IS THE GOAL OF NEGOTIATION? correct answersTo achieve a mutual goal referred as win-win agreement. STAGES OF NEGOTIATION correct answers1. Planning 2. Actual Negotiation 3. Completion What are the objectives of a principled Negotiation? correct answers1. produced a wise agreement 2. To...

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CPPB - Domain II Sourcing with perfect answers2024

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Scope of Work correct answersTypically developed by procurement to be included in the solicitation to procure services or other more complex combinations of products and services. Sometimes called "Performance Specification" PWS correct answersPerformance Work Statement SOO correct answersSt...

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CPPB TEST - DOMAIN V with correct solutions 2024

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

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CPPB Exam - Domain VI - Strategic Procurement Planning with perfect answers 2024

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SWOT analysis correct answersa planning tool used to analyze an organization's strengths, weaknesses, opportunities, and threats Pareto Principle correct answers80% of purchasing cost is created by 20% of the purchase orders issued spend analysis correct answersprocess of collecting, cleansin...

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Misc. questions/terms to study for cppb with 100% correct answers 2024

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Purpose of a cost analysis correct answersIt is a review and evaluation of the suppliers actual or anticipated cost data Competitive Negotiations correct answersPrimary considerations for using is price is not the main concern for determining the successful contractor Common Law correct answer...

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CPPB Domain IV Contract Administration with perfect solutions 2024

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What is the focus of Contract Administration? correct answersIt is the achievement of stated goals and objectives through contract performance. The field embraces a long standing recognition of three broad goals: correct answersA quality product On Time (delivery of quality goods) Within Budge...

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CPPB - Domain 1 Procurement Administration with 100% perfect answers 2024

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Good performance measures need to be meaningful for all participants including: correct answersProcurement professionals, clients and suppliers Good performance measures need to be stated in terms of the higher-level objectives of the central procurement office or else they will lose: correct ans...

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CPPB TEST - DOMAIN III with 100% correct answers 2024

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WHAT IS THE GOAL OF NEGOTIATION? correct answersTo achieve a mutual goal referred as win-win agreement. STAGES OF NEGOTIATION correct answers1. Planning 2. Actual Negotiation 3. Completion What are the objectives of a principled Negotiation? correct answers1. produced a wise agreement 2. To...

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CPPB - Vocab. Volume 2 with perfect answers 2024

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cross-functional team correct answersA group of employees from different departments working together to accomplish a specific task. The group, or team, may be characterized as permanent or ad hoc and may include suppliers and customers, as appropriate. E.g. of procurement specific teams may include...

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NIGP-CPP Bridge with 100% correct solutions 2024

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Disadvantaged Business Entity correct answersBusiness in which majority ownership belongs to members determined to be historically underprivileged because of a predetermined social advantage small business correct answersan independently owned firm, corporation, or establishment having a small nu...

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