Nigp cppo Study guides, Class notes & Summaries

NIGP CPPO Certification Exam 2023-2024...

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NIGP CPPO Certification Exam Questions & Answers 2024/2025 Surety - ANSWERSa pledge or guarantee by an insurance company, bank, individual or corporation on behalf of a bidder or offeror which protects against default or failure of the principal to satisfy the contractual obligations. accountability - ANSWERSThe principle that employees who accept an assignment and the authority to carry it out are answerable to a superior or a higher authority for the outcome. acceptance - ANSWERS1. ...

7 Rights of Purchasing - ANSWER-To obtain the right material in the right quantity for delivery at the right time to the right place from the right source(a responsive and responsible supplier) with the right service at the right price. Values - ANSWER-Enduring beliefs or ideals shared by public procurement about what is good or desirable and what is not in our actions. Goals - ANSWER-Long-term, tangible, attainable targets for an organization Policies - ANSWER-Plans, courses of action,...

Surety - ANSWER a pledge or guarantee by an insurance company, bank, individual or corporation on behalf of a bidder or offeror which protects against default or failure of the principal to satisfy the contractual obligations. accountability - ANSWER The principle that employees who accept an assignment and the authority to carry it out are answerable to a superior or a higher authority for the outcome. acceptance - ANSWER 1. Indication that an offeree is bound by the terms of the offer. ...

NIGP CPPO Certification Exam 2023/2024 Questions and Answers. Surety - ANSWER a pledge or guarantee by an insurance company, bank, individual or corporation on behalf of a bidder or offeror which protects against default or failure of the principal to satisfy the contractual obligations. accountability - ANSWER The principle that employees who accept an assignment and the authority to carry it out are answerable to a superior or a higher authority for the outcome. acceptance - ANSWER 1. I...

7 Rights of Purchasing - ANSWER-To obtain the right material in the right quantity for delivery at the right time to the right place from the right source(a responsive and responsible supplier) with the right service at the right price. Values - ANSWER-Enduring beliefs or ideals shared by public procurement about what is good or desirable and what is not in our actions. Goals - ANSWER-Long-term, tangible, attainable targets for an organization Policies - ANSWER-Plans, courses of action,...

NIGP CPPO Certification Exam 2023/2024 Questions and Answers. Surety - ANSWER a pledge or guarantee by an insurance company, bank, individual or corporation on behalf of a bidder or offeror which protects against default or failure of the principal to satisfy the contractual obligations. accountability - ANSWER The principle that employees who accept an assignment and the authority to carry it out are answerable to a superior or a higher authority for the outcome. acceptance - ANSWER 1. I...

Surety - a pledge or guarantee by an insurance company, bank, individual or corporation on behalf of a bidder or offeror which protects against default or failure of the principal to satisfy the contractual obligations. accountability - The principle that employees who accept an assignment and the authority to carry it out are answerable to a superior or a higher authority for the outcome. acceptance - 1. Indication that an offeree is bound by the terms of the offer. 2. An indication by o...