Cppb stuvia - Study guides, Class notes & Summaries

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 a procurement policy manual be? - ANSWER--Establish the legal authority of the procurement function within the entity. -Simplify, clarify, and reflect the laws governing procurement -Enable uniform p...

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...

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 a procurement policy manual be? - Answer -Establish the legal authority of the procurement function within the entity. -Simplify, clarify, and reflect the laws governing procurement -Enable uniform p...

CPPB - Domain 1 Procurement Administration Questions and Answers 100% accurateCPPB - Domain 1 Procurement Administration Questions and Answers 100% accurateCPPB - Domain 1 Procurement Administration Questions and Answers 100% accurateCPPB - Domain 1 Procurement Administration Questions and Answers 100% accurateCPPB - Domain 1 Procurement Administration Questions and Answers 100% accurateCPPB - Domain 1 Procurement Administration Questions and Answers 100% accurateCPPB - Domain 1 Procurement Admi...

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 - 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 supplier's o...

CPPB - Domain II Sourcing| Questions and Answers 100% Correct CPPB - Domain II Sourcing| Questions and Answers 100% Correct CPPB - Domain II Sourcing| Questions and Answers 100% Correct CPPB - Domain II Sourcing| Questions and Answers 100% Correct Scope of Work - ANSWER-Typically developed by procurement to be included in the solicitation to procure services or other more complex combinations of products and services. Sometimes called "Performance Specification" PWS - ANSWER-Per...

Legal and statutory requirements - ANSWER An agency is revising its document retention schedule. To what should the governmental entity look for guidance? Cooperative Contract - ANSWER An agency is looking into cooperative purchasing practices. After conducting some analysis, the agency would like to "piggyback" its purchases with other agencies that are participating in cooperative purchasing. When using a "piggyback" method, what would the arrangement be called? Instituting a purchas...

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 Questions and Answers 100% accurate! CPPB Exam Questions and Answers 100% accurate! CPPB Exam Questions and Answers 100% accurate! 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 a...

CPPB Exam - Domain VI - Strategic Procurement Planning Questions and Answers 100% Accurate CPPB Exam - Domain VI - Strategic Procurement Planning Questions and Answers 100% Accurate CPPB Exam - Domain VI - Strategic Procurement Planning Questions and Answers 100% Accurate CPPB Exam - Domain VI - Strategic Procurement Planning Questions and Answers 100% Accurate CPPB Exam - Domain VI - Strategic Procurement Planning Questions and Answers 100% Accurate CPPB Exam - Domain VI - Strate...