Classrep2

What does the procurement policy of an entity reflects? - ANSWER -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 of a procurement policy manual be? - ANSWER -Establish the legal authority of the procurement function within the entity. -Simplify, clarify, and reflect the laws governing procurement -Enable uniform p...

Procurement Technology - ANSWER Helps accelerate business improvements Results Oriented Budgeting - ANSWER Attempts to link a resource allocation to performance criteria Budget Cycle - ANSWER 1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards - ANSWER payment method whereby internal customers are empowered to deal directly with suppliers using a credit card Four principles of negotiation - ANSWER 1. separate people from the problem 2. create a variety of...

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? - ANSWER Standardization A buyer has been invited to join a supplier account representative for lunch to discuss the performance of a contract. How should the buyer respond? - ANSWER Decline the supplier's offer and suggest a meeting in the office. A buyer has been working on a solicitation for sev...

Express the organization's purpose for existence - ANSWER An organization's mission statement should: Legal and statutory requirements - ANSWER An agency is revising its document retention schedule. To what should the governmental entity look for guidance? Cooperative Contract - ANSWER An agency is looking into cooperative purchasing practices. After conducting some analysis, the agency would like to "piggyback" its purchases with other agencies that are participating in cooperative pu...

FIXED-PRICE WITH ESCALATION/DE-ESCALATION - ANSWER The 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 placed, another requisition is created and the prices paid by each dept. are not consistent; sometimes more and sometimes less depending on competition and timing. The buyer advises that the solution would b...

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 - ANSWER standardization A buyer has been invited to join a supplier account rep for lunch to discuss the performance of a contract. How should the buyer respond to the invitation? A. decline the supplier's o...

Cost Plus Percentage of Cost Contracts - ANSWER An agreement on a construction project in which the contractor is provided a specified percentage profit over and above the actual costs of construction. These contracts are considered poor business practice because the contractor has little incentive to hold down costs. The type of costing method is prohibited in Federal purchasing. Procurement - ANSWER Includes purchasing, contract administration, inventory, receiving and disposal. Integrit...

MAJOR FIELD EXAM PACKAGE DEAL (BUNDLE) WITH COMPLETE QUESTIONS AND ANSWERS 100% ACCURATEMAJOR FIELD EXAM PACKAGE DEAL (BUNDLE) WITH COMPLETE QUESTIONS AND ANSWERS 100% ACCURATEMAJOR FIELD EXAM PACKAGE DEAL (BUNDLE) WITH COMPLETE QUESTIONS AND ANSWERS 100% ACCURATEMAJOR FIELD EXAM PACKAGE DEAL (BUNDLE) WITH COMPLETE QUESTIONS AND ANSWERS 100% ACCURA

Behavior and mental processes - ANSWER-Psychology is the scientific study of Philosophy and physiology - ANSWER-What are the "parent" fields for psychology? 125 - ANSWER-Psychology is about ___ years old Wundt - ANSWER-Who was the person who established psychology as a separate science? Consciousness - ANSWER-What was the subject of structuralism? Introspection - ANSWER-You volunteer to be a participant in a psychology experiment. The researcher asks you to carefully analyze how...

Breland and Breland trained pigs to carry wooden coins in their mouths to a piggy bank. This sequence was reinforced with food. After some weeks, however, the trained pigs began to root the coins with their noses, treating them like pieces of food. This can be best characterized as an example of: - ANSWER-instinctive drift Which of the following therapeutic interventions places the most emphasis on gaining insight into early childhood relationships? - ANSWER-psychoanalysis Lesions in Broca...