Cppb comprehensive d - Study guides, Class notes & Summaries

CPPB EXAM PRACTICE QUESTIONS WITH ANSWERS COMPLETE SOLUTION 2023/2024. Which of the following types of contracts establishes a source of supply and pricing for specified items or services for a specified period? A. Competitive price contract B. Fixed price contract C. Term contract D. Service contract - ANSWER C. Term contract Privity of contract deals with: A. The parties to a contract having the right to enforce it B. A party having the right to submit a bid C. A party having a right ...

How many full-time public employees are covered by defined benefit plans? - Correct Answer-Ninety-one percent How many full-time public employees are covered by defined contribution plans? - Correct Answer-nine percent Prudent-Person Rule - Correct Answer-Requires each retirement board member to perform his or her duties as a prudent person would when acting in a like capacity and in a similar situation. Defined Benefit Plan - Correct Answer-Provides for a guaranteed benefit at retireme...