Exam (elaborations)
CPPB PREP COURSE - PRACTICE TEST QUESTIONS| 2025-26| WITH COMPLETE SOLUTIONS
- Course
- CPPB
- Institution
- Liberty University
CPPB PREP COURSE - PRACTICE TEST QUESTIONS| 2025-26| WITH COMPLETE SOLUTIONS
[Show more]
Content preview
Upon receipt of a Purchase Requisition for a small buy commodity, what is the firststep the buyer should take? A) Issue a solicitation, as appropriate to the dollar
threshold established by the entity, B) Determine if the item is available in surplus
stock, C) Determine if there are other rqmts within the ITB that could be combined for
a larger quantity, D) Solicit at least three quotes from valid sources
Give this one a try later!
B) DETERMINE IF THE ITEM IS AVAILABLE IN SURPLUS STOCK
,A buyer placed an order for the purchase of circuit breakers which will be installed in
a new substation. The supplier was unsure when the goods would be available for
delivery. What would be the most appropriate action for the buyer to take to ensure
the goods arrive on time? A) Follow-up, B) Expedite, C) Change FOB point, D) Accept
a substation offered by the supplier
Give this one a try later!
A) FOLLOW-UP
Governmental agencies sometimes hold supplier interviews during the planning
process of a solicitation. What is a benefit of conducting such interviews? A) Allows
procurement to disqualify some suppliers from the solicitation process, B) Allows the
suppliers to pre-view the solicitation, C) Allows the two parties to negotiate pricing in
advance, D) Provides the entity with information to use when developing the
solicitation
Give this one a try later!
D) PROVIDES THE ENTITY WITH INFORMATION TO USE WHEN
DEVELOPING THE SOLICITATION
The supplier of a performance based contract that has a initial 3 yr term w/ two one-
yr extensions upon satisfactory performance, has failed to perform in accordance w/
specified delivery schedules. They also do not respond to quality issues in a timely
manner. The supplier has not been given formal notice of the problems. The internal
user does not want the contract extended for the remaining two one-yr periods, and
wants to terminate the contract immediately for cause. What should the contract
administrator do?
Give this one a try later!
, USE THE "CURE NOTICE" PROCEDURES AND GIVE NOTICE OF THE
FAILURES TO THE SUPPLIER
A Govt agency with a centralized purchasing dept. has a threshold for small purchases
of $1000 and three quotes are required above that figure. There has been a steady
increase in the number of requisitions along with recent complaints from internal
customers about it taking too long to buy what they need. Which of the following
action is most likely to have the biggest impact on reducing costs and saving time in
the long run?
Give this one a try later!
INSTITUTING A PURCHASING CARD PROGRAM
A building contract to do certain work, contains within itself an unwritten customer
expectation that the work shall be done in a professional manner is representative of
which of the following: A) Full Warranty, B) Express Warranty, C) Implied Warranty, D)
Implied Authority
Give this one a try later!
C) IMPLIED WARRANTY
The govtl agency has entered into a performance-based contract with a local
cleaning service to clean the offices at the county govt center. What should the buyer
focus on to ensure supplier compliance? A) Inspecting the company's adherence to
process steps defined in the Performance of Work Statement, B) Identifying potential
occurrences of agency opportunism by the company, C) Monitoring the desired
outcomes defined in the Statement of Work, D) Overcoming information asymmetry
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 STUDYFIELD. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $8.00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
69484 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 15 years now