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CPPB Exam Prep: Comprehensive A Quizzes & Correct Verified Answers
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CPPB Exam Prep: Comprehensive A Quizzes & Correct Verified Answers
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CPPB Exam Prep: Comprehensive AQuizzes & Correct Verified Answers
First In First Out (FIFO) means: A) Supplies with the highest value are used first B) Goods
acquired most recently are used first C) Supplies with a longer shelf life are given a lower
priority D) The oldest inventory items, the ones purchased first, are used before newer item
correct answer: The oldest inventory items, the ones purchased first, are used before
newer item
D) The oldest inventory items, the ones purchased first, are used before newer item
What is the best way to dispose of obsolete and surplus equipment? A) Give it to a charity
and take the tax write-off B) Offer it at a very reduced prices to employees C) Raffle it off as a
fundraiser D) Make it available for sale to the public
D) Make it available for sale to the public
The maximum inventory level or re-order point will be dependent on what factors? A) Stock
out risk B) Perishability and obsolesce C) Demand, value and inflation rates D) Carrying
costs, acquisition costs, working inventory, safety inventory, lead times
D) Carrying costs, acquisition costs, working inventory, safety inventory, lead times
The American Association of State Highway and Transportation Officials (AASHTO), has just
changed their highway paint specification to a more reflective paint. For safety reasons,
the new paint will be utilized immediately. What happens to the now obsolete paint? A)
The entity will offer it to its employees B) The entity will repurpose it for future use C) It is
classified as surplus and auctioned to the public D) It is classified as excess and given to a
different department
D) It is classified as surplus and auctioned to the public
,Nonexpendable supplies are: A) Supplies having a cost of over $100 and a useful life of over
1 year B) All tangible supplies C) Supplies with a shelf life of over 3 years D) Supplies having a
cost of over $1000 and a useful life of over 5 years
D) Supplies having a cost of over $100 and a useful life of over 1 year
Expendable supplies are: A) Supplies with a very low value B) Supplies or equipment that
are normally consumed during use and have a very short life cycle C) Supplies that do not
have any market value D) Supplies that have a very short shelf life
B) Supplies or equipment that are normally consumed during use and have a very short life
cycle
The Materials Manager for the Utility Board 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 parts, and pumps must be readily available. These deep well pumps cost
tens of thousands of dollars, but if they are maintained correctly, they can last over 10 years.
What should be done with a decommissioned pump? A) Cannibalize it for parts B) Sell it via
an electronic auction C) Sell is as scrap metal D) Transfer it to another entity
A) Cannibalize it for parts
Obsolete supplies are: A) Supplies over 5 years old B) Supplies with an expired shelf life
C) Supplies no longer needed by the entity D) Supplies that are out of date or no longer
effectively usable
D) Supplies that are out of date or no longer effectively usable
Excess supply is: A)Supplies that have completed their useful lifecycle B) Obsolete and
scrap materials and supplies C) All expendable supplies D) Supplies having a remaining
useful life, which are no longer required by the entity
D) Supplies having a remaining useful life, which are no longer required by the entity
, The carrying cost of inventory for public agencies is: A) Less than for private companies B)
More than for private companies C) There is no carrying cost of inventory for public agencies
because they utilize JIT delivery D) About the same as private companies
A) Less than for private companies
Safety stock is: A) An approach to procurement in which supplies are ordered so that they will
be received when needed B) The quantity of materials needed to cover the order lead time C)
The quantity of material needed based on usage forecast D) The quantity of material
exceeding immediate needs held for the purpose of ensuring continuity of supply and
guarding against unforeseen shortages
D) The quantity of material exceeding immediate needs held for the purpose of
ensuring continuity of supply and guarding against unforeseen shortages
A determination of how a shipment will move from the point of origin to the destination
including the selection of carriers, is called what? A) Expediting B) Routing C) Scheduling
D) F.O.B. Delivery
B) Routing
When selling surplus property the surplus property office should insure that it has what in
place? A) Standard terms and conditions that disavow retailer-type responsibility B) An
electronic auction site or retail store location C) A non-disclosure statement for all buyers
to sign D) An established commercial market
A) Standard terms and conditions that disavow retailer-type responsibility
A buyer changes the shipping route in order to have a delivery arrive earlier than
previously contracted. What is this action called? A) Alternating options B) Re-routing C)
Expediting D) Changing the F.O.B. point
C) Expediting
The buyer at the county contacts a supplier to see if an item can be shipped sooner than what
had been originally contractually agreed upon. The supplier states they can deliver one week
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