100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
CPPB Multiple Choice Practice Questions 1 with Verified Answers £14.76   Add to cart

Exam (elaborations)

CPPB Multiple Choice Practice Questions 1 with Verified Answers

 7 views  0 purchase
  • Module
  • CPPB
  • Institution
  • CPPB

CPPB Multiple Choice Practice Questions 1 with Verified Answers What should be provided for suppliers before conducting an evaluation interview? Agencies Standard Terms and Conditions Questions from the evaluation committee Copy of how to conduct business with the agency List o...

[Show more]

Preview 4 out of 102  pages

  • August 2, 2024
  • 102
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CPPB
  • CPPB
avatar-seller
CPPB Multiple Choice Practice
Questions 1 with Verified Answers
What should be provided for suppliers before conducting an evaluation interview?

Agencies Standard Terms and Conditions
Questions from the evaluation committee
Copy of how to conduct business with the agency
List of the evaluation committee - CORRECT ANSWER-Questions from the evaluation
committee

The agency has just awarded a contract for cleaning services in the headquarters
building. It is very important that the cleaning be done in a professional manner since
this is a high visibility area and receives a lot of the senior staff traffic throughout the
day. The contract was very detailed as to the standards to be met. What can the
Contract Administrator include in the performance assessment plan to ensure
compliance with the performance standards?

Value analysis

Surveillance techniques

Progress meetings

Final inspections - CORRECT ANSWER-Surveillance techniques

Under the Uniform Commercial Code, the failure of a seller to deliver contracted goods
would allow the buyer to:

Obtain them from the next lowest bidder

Obtain them at the current market price and charge the seller the difference.

Cancel the contract and rebid.

Invoke liquidated damages. - CORRECT ANSWER-Obtain them at the current market
price and charge the seller the difference.

Instead of transferring the item to the surplus property office, a user agency may decide
to disassemble it so that its component parts may be used to repair or maintain a similar
item. However, the disassembly of the item should occur only after the agency
determines that there is a greater potential value and benefit to taking the item apart
than by trading it in selling it. What is this process called?.

,Cannibalization
Disposition of non-expendable supplies
Disposition of excess supplies
Disposition of expendable supplies - CORRECT ANSWER-Cannibalization

Several divisions within a government entity purchase equipment to do similar work.
Each division has its favorite type of equipment. What process would increase efficiency
and savings across the divisions?

Use of p-cards
Cooperative purchasing
Standardization
Bench-marking - CORRECT ANSWER-Standardization

A Buyer is preparing an RFP and the end user has requested a weight of 75% on
pricing. How should the Buyer proceed?

Suggest to the end user an ITB would be more appropriate
Proceed as requested and issue an RFP
Ignore the request and revise the pricing weight to 30%
Inform your CPO of the policy violation - CORRECT ANSWER-Suggest to the end user
an ITB would be more appropriate

Agencies not following their process, lack of clarity in bid documents and a perception of
not being fair are some of the reasons vendors give for:

Not registering with the agency
Not responding to solicitations
Ignoring phone calls and emails
Filing protests of awards - CORRECT ANSWER-Filing protests of awards

A buyer is charged with purchasing diesel fuel for a transit system. What type of study
should be conducted to determine how best to make this purchase?

Value analysis
Vendor selection
Demand analysis
Market analysis - CORRECT ANSWER-Market analysis

Lead time is the time it takes for what to happen?

To deliver goods from the warehouse to the end user
Pay the invoice
Place a requisition and receive the item

,For the goods to arrive on your dock after placing the purchase order - CORRECT
ANSWER-For the goods to arrive on your dock after placing the purchase order

An agency has contracted for a full dump truck delivery of 3/4" gravel to be used as a
base foundation for a new roadway it is constructing. The gravel truck arrives as
scheduled; however, the road crew supervisor tells the supplier that he cannot accept
immediate delivery of the gravel since the engine just failed on the agency's piece of
road grading machinery. What is the fee charged by the contractor for tying up his
truck?

Delay fees
Consideration
Rent
Demurrage - CORRECT ANSWER-Demurrage

ABC Classification is

The quantity of materials providing the lowest acquisition and inventory costs at a
minimum cost per unit
An approach to procurement in which supplies are ordered so that they will be received
when needed
An inventory system designed to focus greatest attention on inventory items with the
highest monetary value
A method of accounting for the costs of supplies in inventory - CORRECT ANSWER-An
inventory system designed to focus greatest attention on inventory items with the
highest monetary value

The buyer at the County contacts the supplier to see if an item can be shipped sooner
than what had been originally contractually agreed upon. This call is an example of:

Contract Fulfillment
Delivery Follow Up
Expediting
Management of Suppliers - CORRECT ANSWER-Expediting

In order to get the best possible delivery it may be beneficial to do what?

Contract for product transport services independent of the product itself
Stock out risk
Use an F.O.B. delivery method
Make it part of the terms and conditions of the contract - CORRECT ANSWER-Contract
for product transport services independent of the product itself

The term for managing an organization's physical, infrastructure, fixed, IT and digital
property from acquisition through disposition is called:

, Disposition process
Commodity management
Supply chain management
Asset management - CORRECT ANSWER-Asset management

First In First Out (FIFO) means:

Supplies with the highest value are used first
Goods acquired most recently are used first
Supplies with a longer shelf life are given a lower priority
The oldest inventory items, the ones purchased first, are used before newer item -
CORRECT ANSWER-The oldest inventory items, the ones purchased first, are used
before newer item

What is the best way to dispose of obsolete and surplus equipment?

Give it to a charity and take the tax write-off
Offer it at a very reduced prices to employees
Raffle it off as a fundraiser
Make it available for sale to the public - CORRECT ANSWER-Make it available for sale
to the public

The maximum inventory level or re-order point will be dependent on what factors?

Stock out risk
Perishability and obsolesce
Demand, value and inflation rates
Carrying costs, acquisition costs, working inventory, safety inventory, lead times -
CORRECT ANSWER-Carrying costs, acquisition costs, working inventory, safety
inventory, lead times

The American Association of State Highway and Transportation Officials (AASHTO),
has just changed their highway paint specification to a more reflective paint. For safety
reasons, the new paint will be utilized immediately. What happens to the now obsolete
paint?

The entity will offer it to its employees
The entity will repurpose it for future use
It is classified as surplus and auctioned to the public
It is classified as excess and given to a different department - CORRECT ANSWER-It is
classified as surplus and auctioned to the public

Nonexpendable supplies are:

Supplies having a cost of over $100 and a useful life of over 1 year
All tangible supplies

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

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 TIFFACADEMICS. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £14.76. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

85443 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now

Start selling
£14.76
  • (0)
  Add to cart