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CPPB - Intro To Public Procurement New 2023 Questions And Answers Download To Pass!!!!
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CPPB - Intro To Public Procurement New 2023Questions And Answers Download To Pass!!!!
Quiz :Public procurement is.... - Answer :The designated legal authority to
advise, plan, obtain, deliver, and evaluate a government's expenditures on
goods and services that are used to fulfill stated objectives, obligations, and
activities in pursuit of desired policy outcomes.
Quiz :Materials Management... - Answer :embraces all functions related to
the control and coordination of the movement of goods and maintenance,
repair and operating items to, through, and out of the organization.
May include functions such as purchasing, storage, inventory control, material
forecasting, receiving, transportation, inspection, and quality control.
Quiz :Name the functions Materials Management includes... -
Answer :purchasing, storage, disposal, material forecasting, inventory control,
preparing requisitions, developing specifications, receiving, quality control and
inspection.
Quiz :Public Procurement value-adding benefits are... - Answer :quality, cost
(including total cost of ownership), service, continuity of supply, and time.
Quiz :Goals of public procurement - Answer :Cost
Quality
Timeliness
Managing Risk
Accomplishing Social and Economic Objectives
Maximizing Competition
Maintaining Integrity and Transparency
Quiz :Cost is... - Answer :The actual expenses incurred in delivering a product,
service, or construction; includes both direct and indirect costs, but does not
include fee or profit from the vendor.
Quiz :Quality is.. - Answer :1. The function of excellence, intrinsic value, or
grade as determined over time by society generally or by designated bodies in
specialized fields.
2. The composite of all attributes or characteristics, including performance,
that satisfy the user's needs.
, 3. Conformance with the stated requirements.
Quiz :Timeliness is... - Answer :delivering the requisitioned supplies to the
end-user at the time necessary for the end-user's purposes.
Quiz :Managing Risk is... - Answer :the process of identification and analysis of
risk; and the decision to either accept or mitigate the exposure to such risk
when compared to the potential impact on the achievement of the
organization's objectives.
Quiz :Davis-Bacon and Service Contract Acts socio-economic objectives are... -
Answer :pay prevailing wages for work on government contracts.
Quiz :Clean Air and Clean Water Acts socio-economic objectives are... -
Answer :to protect the environment.
Quiz :Buy American Act socio-economic objectives are... - Answer :to protect
American economy and provide employment opportunities for American
workers.
Quiz :Executive Orders 11141 and 11246 socio-economic objectives are... -
Answer :to ensure equal employment opportunity.
Quiz :Veterans Preference Act socio-economic objectives are... - Answer :to
promote the hiring of veterans.
Quiz :Competition is defined as... - Answer :the effort of two or more vendors
to secure business of a 3rd party by the offer which has the most favorable
terms as to price, quality, promptness of delivery, and/or service. (NIGP, 2000)
Quiz :Transparency is... - Answer :the idea that the more information
disclosed about a business, financial or economic activity the better which
improves ethical conduct.
Quiz :Integrity is... - Answer :personal adherence to a strict moral or ethical
code of conduct.
Quiz :What is the competition and cost tradeoff? - Answer :The primary
benefit of competition is to reduce pricing. On the other hand, it is subject to
diminishing returns; the more offers the government solicits, the higher the
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