CPPB Prep Bundled exam with 100% with perfect answers 2024

An entity purchases several different types of mobile phones to meet employees' preferences. This is causing inefficiencies. What action can be taken to address and correct the inefficiencies? A. creation of performance specifications B. sole sourcing C. benchmarking D. standardization correct answ...

FIXED-PRICE WITH ESCALATION/DE-ESCALATION correct answersThe purchasing officer of the governmental agency has expressed serious concerns about the number of repetitive requisitions, solicitations and POs that are being processed to purchase gasoline for the organization. Every time a new order is p...

Procurement Technology correct answersHelps accelerate business improvements Results Oriented Budgeting correct answersAttempts to link a resource allocation to performance criteria Budget Cycle correct answers1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards co...

Advantages of Leasing correct answersL- lessor carries burden of the investment so lessee can use working capital for other opportunities. E - entire expense of lease can sometimes be treated as an operating expense minimizing taxable income A - available equipment on short term basis for projects...

Express the organization's purpose for existence correct answersAn organization's mission statement should: Legal and statutory requirements correct answersAn agency is revising its document retention schedule. To what should the governmental entity look for guidance? Cooperative Contract co...

What does the procurement policy of an entity reflects? correct answers-The entity's legal system -The goals and values of the entity -Policies and practices federal-level entities use to acquire goods and services; this may not apply to state or local entities What should the overall purpose...

Inputs correct answersMeasures resources used. They include labor, materials, equipment, and supplies. Demand for services may also be considered an input metric. Outputs correct answersRecord activity or effort that can be expressed in a quantitative or qualitative manner. Outcomes correct an...

Inputs correct answersMeasures resources used. They include labor, materials, equipment, and supplies. Demand for services may also be considered an input metric. Outputs correct answersRecord activity or effort that can be expressed in a quantitative or qualitative manner. Outcomes correct an...

The Materials Manager for the Utility department 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 pa...

Fixed-Price Escalation/De-escalation correct answersThe procurement officer of the governmental agency has expressed serious concerns about the number of repetitive requisitions, solicitations and purchase orders that are being processed to purchase gasoline for the organization. Every time a new or...

C. Start a file that documents the conflicts correct answersIf considering contract termination, the agency should first: A. Take punitive action against the contractor. B. Stop accepting delivered products or services offered by the contractor. C. Start a file that documents the conflicts. D....

An entity purchases several different types of mobile phones to meet employees' preferences. This is causing inefficiencies. What action can be taken to address and correct the inefficiencies? A. creation of performance specifications B. sole sourcing C. benchmarking D. standardization correct answ...

Legal and statutory requirements correct answersAn agency is revising its document retention schedule. To what should the governmental entity look for guidance? Cooperative Contract correct answersAn agency is looking into cooperative purchasing practices. After conducting some analysis, the agen...

6 Elements of a Contract correct answers1)Offer and Acceptance 2)Definiteness 3)Legal Consideration 4)Mutuality of Obligation 5)Competent Parties 6)Legal Purpose Element of a Contract: Offer and Acceptance correct answersA promise or comittment to do, or not do, a specified thing in the future. E...