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CPPA PRACTICE EXAM questions with verified solutions
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CPPA PRACTICE EXAM questions with verified solutions
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CPPA PRACTICE EXAM1. What institute worked to facilitate the growing trend of Government agencies' use of voluntary
consensus standards created by the private sector as an alternative to agency developed standards?
(pg.1-2)
a. COTCO
b. OMB Circular A-119
c. NIST
d. ANSI - correct answer ✔✔d. ANSI
2. To be classified as a voluntary consensus standard, the standard must be developed within what?
(pg.1-2)
a. criteria and process
b. timeframe
c. specifications
d. practice and methods - correct answer ✔✔a. criteria and process
3. When the Work Item (draft standard) has been completed, the individual or Task Group will send it to
__________. (pg.1-4)
a. COTCO
b. ASTM
c. E-53 Chairperson
d. ANSI - correct answer ✔✔b. ASTM
4. OMB Circular A119 states that voluntary consensus standard bodies are "domestic or international
organizations which develop, establish, coordinate, and __________ using agreed-upon procedures."
(pg.1-2)
a. Process
b. Openness
c. Plan
, d. Encompass - correct answer ✔✔c. Plan
Having a standard to reference during a review or audit will provide a strong foundation to ensure what?
(pg.1-5)
a. compliance
b. evidence
c. traceability
d. completed procedures - correct answer ✔✔a. compliance
What is the Requirements Determination process of identifying and justifying property? (pg. 2-1)
a. job levels and expenditures
b. expenditures ratios and misappropriations
c. supply and demand
d. future property acquisitions and providing the necessary funds - correct answer ✔✔d. future property
acquisitions and providing the necessary funds
When the asset base exceeds __________ in value, even small reductions in the cost of acquiring and
holding property can have a greater impact than larger gains in productivity. (pg. 2-2)
a. budget allocations
b. annual payroll
c. capital assets
d. balance sheet - correct answer ✔✔b. annual payroll
What process must take into account current and future commitments to provide equipment and
facilities to support current contract obligations and customer needs? (pg. 2-2)
a. Capital Planning Process
b. Capital Budget Review
c. Creation of the Final Budget
d. Determination of Capital Items - correct answer ✔✔a. Capital Planning Process
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