List the 5 methods that can be used to dispose of personal property:
-:- Transfers, Public Auctions, Trade-ins, Sales to other local
contracting units, sealed bids
The Purchasing Cycle has been recognized as the Six R's because goods and services must
be obtained:
-:- In the Right Quality,...
NJ QPA QUALIFIED PURCHASING
AGENT NJ EXAM QUESTIONS AND
CORRECT ANSWERS | LATEST UPDATE
List the 5 methods that can be used to dispose of personal property:
✓ -:- Transfers, Public Auctions, Trade -ins, Sales to other local
contracting units, sealed bids
The Purchasing Cycle has been recognized as the Six R's because goods and services must
be obtained:
✓ -:- In the Right Quality, Right Quantity. At the Right Time, Right Price.
From the Right Source. And in the Right Manner.
True or False - The Cooleys Doctrine provides for a strict construction approach of state
supremacy over local government. Municipal corporations possess those powers granted by
the state legislatures.
✓ -:- False - Dillons Rule provides for a strict construction approach of
state supremacy over local government. Municipal Corporations posses
List 5 types of contracts that public entities can use:
✓ -:- Firm fixed-price agreements, Agreements with escalation provisions,
Time and Material Agreements, Open-End Agreements, Lease
Agreements, Lease with option to purchase Agreements
2|P a g e | G r a d e A + | 2 0 2 0 2 5
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