CPPO Prep Questions with Complete Solutions
Sole source, single source and emergency procurements are examples of:
A. The best ways of procuring goods and services.
B. Non-competitive methods of procuring goods and services.
C. Unauthorized procurement methods.
D. Procurement methods of questi...
CPPO Prep Questions with Complete Solutions Sole source, single source and emergency procurements are examples of: A. The best ways of procuring goods and services. B. Non -competitive methods of procuring goods and services. C. Unauthorized procurement methods. D. Procurement methods of questionable value. - Correct Answer -B. Non -competitive methods of procuring goods and services. In preparing to write a specification or scope of work, we may want to consider one of two methods of gathering facts or details from potential vendors. We can invite several of them to come to our agency and make a presentation or we can cast a wider net with this technique A. Request for qualifications B. Request for proposals C. Request for information D. Request for exemption - Correct Answer -C. Request for information This seller pricing strategy, in which prices are defined by the range of products offered, is known as: A. Market -oriented B. Cost -based C. Market -based D. Value -based - Correct Answer -A. Market -oriented The common la w rule that prevents extrinsic evidence of past agreements or terms from being considered when interpreting an existing contract is known as the _____________ A. Parole Evidence Rule B. Parol Evidence Rule C. Petrol Evidence Rule D. Payroll Evidence Rule - Correct Answer -B. Parol Evidence Rule This item in a strategic plan describes the agency's purpose for existing. - Correct Answer -
Mission Statement. Why is the Request for Proposal (RFP) process often perceived as problematic by an agency's leadership? A. The award decision is very quantifiable. B. The award decision is based on qualitative variables. C. The price is rarely known on award. D. The outcome of the RFP process is difficult to justify. - Correct Answer -B. The award decision is based on qualitat ive variables. A university is prepared to sign a contract to add 10 classrooms for a new program. Registration for the program will begin in 9 months if the project is completed on time and 6 months if the contractor completes the project early. During th e negotiations, the university offered the contractor an additional $50,000 to complete the project in six months. What type of contract pricing is the university using? A. Fixed -price with redetermination B. Fixed -price incentive C. Cost sharing D. Cost p lus fixed fee - Correct Answer -B. Fixed -price incentive Laws governing public records, open meetings and freedom of information are known by this illuminating phrase. - Correct Answer -The Sunshine Law Which of the following analysis methods looks at the av ailability of competition and alternative products? A. Demand analysis B. Market analysis C. Supplier analysis D. Value analysis - Correct Answer -C. Supplier analysis The ABA Model Procurement Code lists six methods of source selection - Correct Answer -
Competitive Sealed Bids Competitive Sealed Proposals Small Purchases Sole Source Procurement Emergency Procurement Competitive Selection for Services or Architect -Enginee r and Land Surveying Services. Unity of command; equality of authority & responsibility; and span of control & delegation are three essential principles of which aspect of management? A. Staffing B. Planning C. Directing D. Organizing - Correct Answer -D. O rganizing Strategies identify methods to achieve specific goals. Goals identify what the organization wants to achieve and objectives identify... A. When the goals will be carried out. B. Where the goals will take place. C. How the goals are to be carried out. D. How the goals will improve the budget. - Correct Answer -C. How the goals are to be carried out. Which of the following is an alternative to using bidder/sourcing lists? A. Pre -qualification of vendors. B. Past qualification of vendors. C. Sole sour ce purchasing D. Electronic bid boards - Correct Answer -D. Electronic bid boards 1. Good negotiated agreements are based on: A. The interests of both parties B. A balance of power C. The positions of both parties D. Good friendships between the parties - Correct Answer -A. The interests of both parties In the risk control element of risk management, what is the difference between avoidance and loss control? Give an example, if necessary. - Correct Answer -Risk avoida nce is a conscious decision not to expose the entity to a particular risk of loss. Loss Control is making a loss less likely to occur and less damaging when they do occur. What part of public contracting law does "collusion" represent? A. Administrative L aw
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