Cppb exam prep stuvia Study guides, Class notes & Summaries

CPPB Prep Guide Quizzes, CPPB Exam with Complete SolutionsCPPB Prep Guide Quizzes, CPPB Exam with Complete SolutionsCPPB Prep Guide Quizzes, CPPB Exam with Complete SolutionsCPPB Prep Guide Quizzes, CPPB Exam with Complete Solutions 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. benchmarki...

CPPB Exam Prep (BOK Terms) with Complete SolutionsCPPB Exam Prep (BOK Terms) with Complete SolutionsCPPB Exam Prep (BOK Terms) with Complete SolutionsCPPB Exam Prep (BOK Terms) with Complete Solutions 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 ...

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 procurement policies throughout the entity -Build public confidence in public procurement -Ensure the fair and equitable treatment of everyone who deals with the procurement system -Provide for increased efficiency, economy, and flexibility in public procureme...

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...

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...

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...

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...

CPPB Exam Prep Questions and Answers 100% CorrectCPPB Exam Prep Questions and Answers 100% CorrectCPPB Exam Prep Questions and Answers 100% CorrectCPPB Exam Prep Questions and Answers 100% CorrectCPPB Exam Prep Questions and Answers 100% Correct 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...

Inputs - Answer Measures resources used. They include labor, materials, equipment, and supplies. Demand for services may also be considered an input metric. Outputs - Answer Record activity or effort that can be expressed in a quantitative or qualitative manner. Outcomes - Answer Asses results of an activity and show whether expected results were achieved. Must be benchmarked against other departments and outside organizations. A benchmark is simply a point of reference that can be used as...

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...