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CPPO Practice Test: Questions/Answers
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CPPO Practice Test: Questions/Answers
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CPPO Practice Test: Questions/AnswersMarket Correct Ans - A buyer wants to spot buy propane. Which analysis process should be used to determine when to buy?
a. Demand
b. Supply
c. Performance
d. Market
Mean Absolute Deviation Correct Ans - Forecasts are never completely
accurate. Which calculation demonstrates the degree of accuracy?
a. Weighted moving average
b. Absolute value of errors
c. Mean Absolute Deviation
d. Economic Order Quantity
Developing alternate procurement operations locations Correct Ans - An entity located on the Gulf of Mexico is developing their continuity of operations plan. Which of the following is most important for the Procurement Services Department to consider?
a. Assembly of emergency rations, including potable water, for use in the EOC
b. Determining the GPS coordinates for all of the County warehouses
c. Developing an emergency purchasing card program
d. Developing alternate procurement operations locations
Emergency Operations Plan Correct Ans - In order for the entity Procurement Services' Continuity of Operations Plan (COOP) to be effective, it must be in accordance with which of the following? a. The entity Procurement Procedures
b. The entity Emergency Support Functional Plan
c. The entity Emergency Operations Plan
d. The entity Manager's Emergency Directive
Draft a mission statement Correct Ans - The strategic planning team has identified its stakeholders and conducted a SWOT analysis. What is its next step in creating a strategic plan?
a. Establish performance measures
b. Draft a mission statement c. Identify strategies to achieve goals and objectives
d. Monitor progress and gather data
Supply positioning Correct Ans - An entity is planning to allocate staff based on the time and effort required for its various procurements. Which analysis approach will support this strategy?
a. The Pareto principle
b. Inventory forecasting
c. Projecting expenditures
d. Supply positioning
Weighted moving average Correct Ans - A school district wants to determine how many reams of printer paper to carry in inventory. Accurate monthly records of paper purchases exist for the past 108 months. Which forecasting method should be used for the school district?
a. Fixed period
b. Weighted moving average
c. Moving average
d. Trend estimation
Realistic Correct Ans - The plan describes an objective in detail, specifies the outcome, when it should be finished and who is responsible. Which objective attribute is missing?
a. Realistic
b. Assignable
c. Measurable
d. Time-related
Cost/benefit analysis Correct Ans - The entity is trying to determine whether to use solar generated lighting or go with LED lighting for the outdoor lighting in its new central services building. What tool should be used to advise this decision?
a. Cost analysis
b. Value analysis
c. Spend analysis
d. Cost/benefit analysis
Economic order quantity Correct Ans - What calculation Is used to determine the most cost effective quantity of an Item to keep In stock? a. Inventory carrying cost
b. Economic order quantity
c. Acquisition cost per order
d. Average inventory value
Obsolete Correct Ans - The entity is replacing its computer equipment due to new technology. The equipment to be replaced is four years old. While it still has a useful life, new upgrades to current programs cannot run on the current computers. Which term best describes this equipment? a. Fully depreciated
b. Surplus
c. Obsolete
d. Disposable
Expedite Correct Ans - Procurement has received word that the entity needs an item much sooner than thought. The order has already been placed. What action should be taken?
a. Expedite
b. Follow-up
c. Reorder
d. Improved routing
Contracting for just-in-time delivery Correct Ans - If the procurement department wanted to reduce inventory costs, it would be best for them to consider which of the following options?
a. Reducing inventory and giving less service/support to the end user
b. Having the end user procure the goods
c. Waiting until the need arises, order the goods and wait until they arrive
d. Contracting for just-in-time delivery
High usage low value items Correct Ans - Which of the following best describes the "C" classification of ABC valued inventory items?
a. Capital equipment
b. Important items for organization operation
c. High usage low value items d. Inventory items with a dated shelf life
Sell it to employees Correct Ans - Which of the following is the LEAST desirable method to dispose of surplus property?
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