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Exam (elaborations)

CPPO Practice Test Questions and Answers 100% Solved

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CPPO Practice Test Questions and Answers 100% Solved

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  • October 21, 2024
  • 38
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CPPO
  • CPPO
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TheeGrades
CPPO Practice Test Questions and Answers
100% Solved

Weighted moving average - ✔✔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

Weighted moving average

,Moving average

Trend estimation



Realistic - ✔✔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

Assignable

Measurable

Time-related



Cost/benefit analysis - ✔✔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?

Cost analysis

Value analysis

Spend analysis

Cost/benefit analysis



Economic order quantity - ✔✔What calculation Is used to determine the most cost effective
quantity of an Item to keep In stock?

Inventory carrying cost

Economic order quantity

Acquisition cost per order

Average inventory value

,Obsolete - ✔✔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

Surplus

Obsolete

Disposable



Expedite - ✔✔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

Follow-up

Reorder

Improved routing




Market - ✔✔A buyer wants to spot buy propane. Which analysis process should be used to
determine when to buy?

Demand

Supply

Performance

Market



Mean Absolute Deviation - ✔✔Forecasts are never completely accurate. Which calculation
demonstrates the degree of accuracy?

Weighted moving average

Absolute value of errors

Mean Absolute Deviation

Economic Order Quantity

, Developing alternate procurement operations locations - ✔✔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?

Assembly of emergency rations, including potable water, for use in the EOC

Determining the GPS coordinates for all of the County warehouses

Developing an emergency purchasing card program

Developing alternate procurement operations locations

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