Exam (elaborations)
CPPB PRACTICE TEST (50 QUESTIONS AND 100% VERIFIED ANSWERS
- Course
- Institution
CPPB PRACTICE TEST (50 QUESTIONS AND 100% VERIFIED ANSWERS ...
[Show more]
Content preview
CPPB PRACTICE TEST (50 QUESTIONS AND100% VERIFIED ANSWERS 2024-2025
Express the organization's reason of existence - ANSWER An organization's
mission statement should include:
Legal and statutory requirements--ANSWER An agency is altering its
document retention timeline. What sources of guidance should the government
seek?
Cooperative Contract: ANSWER An agency is investigating cooperative
purchasing practices. Following considerable study, the agency wishes to
"piggyback" its purchases with other agencies that participate in cooperative
purchasing. What would you call the arrangement created using the "piggyback"
method?
Implementing a Purchase Card Program - ANSWER A government agency has
a $1000 threshold for modest purchases, and anything above that amount
requires three quotes. The quantity of field purchase orders has steadily
increased, and internal customers have recently complained that it takes too
long to get what they need. Which of the following initiatives is most likely to
have a long-term impact on cost reduction and time savings?
A procurement profile - ANSWER Can be used to estimate the influence of
spending patterns in a supply market.
Operating/Capital Fund - ANSWER A government agency processed a
purchase requisition for direct-reading water meters. Which fund should a
purchasing agent examine to ensure that the funds were available for this
transaction?
, Notify upper management and suggest a meeting with the group's leader to
address their concerns. The government agency just purchased a plot of land on
which an old hotel of no historical interest stands. The city manager wishes to
begin building on the site. However, a local preservation group has indicated
that it will contest the government agency's plans to demolish the hotel. The city
manager has asked the purchasing department to address the preservation
group's concerns. How should the department proceed?
Creating a hybrid of centralized and decentralized processes - ANSWER In
today's economic and political climates, what is the most successful structure
for government buying agencies?
Remind the requester about the coding limits on fragmenting orders - ANSWER
A governmental entity has a non-competition threshold, which states that any
purchase under $5,000 does not require competition. Over three months, a
requesting user requested that products needed by the agency be purchased
directly and without competition on three separate times. Each buy cost around
$4,500. What should the buyer do?
Market Analysis - ANSWER A buyer is responsible for acquiring diesel fuel for
the transportation system. What kind of research should be undertaken to
discover the best way to make this purchase?
Determine whether the item is available in excess stock. Upon receipt of a
purchase requisition for a small buy commodity, the buyer would generally
execute the following step:
Plan the change in thoroughly so that it can be implemented within 30 days -
ANSWER The government agency is shifting its performance metrics from
cost-related measurements to value-added advantages. To execute this change,
the agency should consider the following steps EXCEPT?
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller luzlinkuz. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.59. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79223 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now