Cppb exam 2023 - Study guides, Class notes & Summaries

Procurement Technology - ANSWER-Helps accelerate business improvements Results Oriented Budgeting - ANSWER-Attempts to link a resource allocation to performance criteria Budget Cycle - ANSWER-1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards - ANSWER-payment method whereby internal customers are empowered to deal directly with suppliers using a credit card Four principles of negotiation - ANSWER-1. separate people from the problem 2. create a variety of...

CPPB Prep Guide Quizzes, CPPB Exam 2023 Questions and Answers (Graded A)

budgeting - ANSWER-the allocation of scarce resources among competing demands allotment - ANSWER-controls the rate of spending authorized by an appropriation allocation - ANSWER-controls specific use of the monies appropriated cash basis accounting - ANSWER-income is not counted until cash (or check) is actually received, and expenses are not counted until they are actually paid. accrual basis accounting - ANSWER-Transactions are recognized at the time they are incurred, as opposed t...

CPPB Exam 2023 with complete solutions

CPPB Exam Questions and Answers (rated A) CPPB Exam Questions and Answers (rated A) Procurement Technology - ANSWER-Helps accelerate business improvements Results Oriented Budgeting - ANSWER-Attempts to link a resource allocation to performance criteria Budget Cycle - ANSWER-1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards - ANSWER-payment method whereby internal customers are empowered to deal directly with suppliers using a credit card Four princ...

An entity purchases several different types of mobile phones to meet employees' preferences. This is causing inefficiencies. What action can be taken to address and correct the inefficiencies? A. creation of performance specifications B. sole sourcing C. benchmarking D. standardization - correct answer standardization A buyer has been invited to join a supplier account rep for lunch to discuss the performance of a contract. How should the buyer respond to the invitation? A. decline the sup...

CPPB Exam 2023 with complete solutions

Procurement Technology - ANSWER-Helps accelerate business improvements Results Oriented Budgeting - ANSWER-Attempts to link a resource allocation to performance criteria Budget Cycle - ANSWER-1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards - ANSWER-payment method whereby internal customers are empowered to deal directly with suppliers using a credit card Four principles of negotiation - ANSWER-1. separate people from the problem 2. create a variety of...

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CPPB Exam 2023