Cppb exam complete - Study guides, Class notes & Summaries

Surety - ANSWER A pledge or guarantee by an insurance company, bank, individual, or corporation on behalf of the bidder/proposer to satisfy the contractual obligations. accountability - ANSWER the principle that employees who accept an assignment and the authority to carry it out are answerable to a superior for the outcome. acceptance - ANSWER 1. Indication that all parties to the contract agree to be bound by the terms of the contract. 2. An indication by one party of a willingness to ...

CPPB Exam Study Guide with complete and Updated Solutions |Latest 2024/2025 Procurement Technology ️ Helps accelerate business improvements Results Oriented Budgeting ️ Attempts to link a resource allocation to performance criteria Budget Cycle ️ 1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards ️ payment method whereby internal customers are empowered to deal directly with suppliers using a credit card Four principles of negotiation ️ 1. separate p...

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

CPPB Prep Guide Quizzes, CPPB Exam with Complete SolutionsCPPB Prep Guide Quizzes, CPPB Exam with Complete SolutionsCPPB Prep Guide Quizzes, CPPB Exam with Complete SolutionsCPPB Prep Guide Quizzes, CPPB Exam with Complete Solutions 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. benchmarki...

CPPB Exam 2023 with complete solutions

CPPB Exam Prep (BOK Terms) with Complete SolutionsCPPB Exam Prep (BOK Terms) with Complete SolutionsCPPB Exam Prep (BOK Terms) with Complete SolutionsCPPB Exam Prep (BOK Terms) with Complete Solutions What does the procurement policy of an entity reflects? - ANSWER--The entity's legal system -The goals and values of the entity -Policies and practices federal-level entities use to acquire goods and services; this may not apply to state or local entities What should the overall purpose of ...

CPPB Prep Guide Quizzes, CPPB Exam with Complete Solutions(rated A+) CPPB Prep Guide Quizzes, CPPB Exam with Complete Solutions(rated A+) CPPB Prep Guide Quizzes, CPPB Exam with Complete Solutions(rated A+) 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. standardizatio...

CPPB Exam 2023 with complete solutions

CPPB Exam (2023/2024) with Complete and Certified Solutions Procurement Technology Helps accelerate business improvements Results Oriented Budgeting Attempts to link a resource allocation to performance criteria Budget Cycle 1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards payment method whereby internal customers are empowered to deal directly with suppliers using a credit card Four principles of negotiation 1. separate people from the problem 2. create a varie...