CPPA PRACTICE EXAM Questions and Answers
1. What institute worked to facilitate the growing trend of Government agencies' use of voluntary consensus standards created by the private sector as an alternative to agency developed standards? (pg.1-2)
a. COTCO
b. OMB Circular A-119
c. NIST
d. ANSI
...
CPPA PRACTICE EXAM Questions and
Answers
1. What institute worked to facilitate the growing trend of Government agencies' use of
voluntary consensus standards created by the private sector as an alternative to agency
developed standards? (pg.1-2)
a. COTCO
b. OMB Circular A-119
c. NIST
d. ANSI - answer d. ANSI
2. To be classified as a voluntary consensus standard, the standard must be developed
within what? (pg.1-2)
a. criteria and process
b. timeframe
c. specifications
d. practice and methods - answer a. criteria and process
3. When the Work Item (draft standard) has been completed, the individual or Task
Group will send it to __________. (pg.1-4)
a. COTCO
b. ASTM
c. E-53 Chairperson
d. ANSI - answer b. ASTM
4. OMB Circular A119 states that voluntary consensus standard bodies are "domestic or
international organizations which develop, establish, coordinate, and __________ using
agreed-upon procedures." (pg.1-2)
a. Process
b. Openness
c. Plan
d. Encompass - answer c. Plan
Having a standard to reference during a review or audit will provide a strong foundation
to ensure what? (pg.1-5)
a. compliance
b. evidence
c. traceability
d. completed procedures - answer a. compliance
What is the Requirements Determination process of identifying and justifying property?
(pg. 2-1)
a. job levels and expenditures
, b. expenditures ratios and misappropriations
c. supply and demand
d. future property acquisitions and providing the necessary funds - answer d. future
property acquisitions and providing the necessary funds
When the asset base exceeds __________ in value, even small reductions in the cost
of acquiring and holding property can have a greater impact than larger gains in
productivity. (pg. 2-2)
a. budget allocations
b. annual payroll
c. capital assets
d. balance sheet - answer b. annual payroll
What process must take into account current and future commitments to provide
equipment and facilities to support current contract obligations and customer needs?
(pg. 2-2)
a. Capital Planning Process
b. Capital Budget Review
c. Creation of the Final Budget
d. Determination of Capital Items - answer a. Capital Planning Process
A property manager must plan and schedule a periodic analysis of new personal
property items, whose acquisition could result in lower total costs to the government
through longer service life, greater productivity, and _________: (pg. 2-5)
a. budget analysis
b. reduced maintenance cost
c. prioritization
d. process - answer b. reduced maintenance cost
During creation of the final budget, a list of all approved capital projects is sent to each
respective department. There are key data elements to be included when purchase
requirements are initiated: Purchase account key (charge numbers), asset category,
and _______________. (pg. 2-4)
a. Substitutions
b. Creation of the final budget
c. Depreciation expense account number
d. Prioritization - answer c. Depreciation expense account number
1. A key characteristic of a consumable is that it is considered to be "consumed" at the
point of ___________. (pg. 3-2)
a. receipt
b. installation
c. issue
d. replacement - answer c. issue
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