Cppb exam 2024 - Study guides, Class notes & Summaries

CPPB FINAL EXAM QUESTIONS AND ANSWERS (COMPLETE SOLUTION 2023/2024). Progress payments assure acceptable performance and progress on a contract. Commensurate with the progress made on the contract and are a method for financing the contractor throughout the life of the contract. The benefit of using a fixed-price with escalation contract would be: A. The vendor is protected against unusual price increases. B. The buyer has less contract administration to deal with. C. The vendor has increa...

CPPB - Domain III Negotiation Process Exam Questions & Answers 2024/2025

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...

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 Exam Questions & Answers 2024/2025

CPPB Prep Domain I: Procurement Administration Exam Questions & Answers 2024/2025 Inputs - ANSWERSMeasures resources used. They include labor, materials, equipment, and supplies. Demand for services may also be considered an input metric. Outputs - ANSWERSRecord activity or effort that can be expressed in a quantitative or qualitative manner. Outcomes - ANSWERSAsses results of an activity and show whether expected results were achieved. Must be benchmarked against other departments an...

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 suppl...

CPPB, Domain II Exam Questions & Answers 2024/2025