Cppo practice exam - Study guides, Class notes & Summaries

NIGP CPPO Certification Exam 2023/2024 Questions and Answers. Surety - ANSWER a pledge or guarantee by an insurance company, bank, individual or corporation on behalf of a bidder or offeror which protects against default or failure of the principal 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 or a higher authority for the outcome. acceptance - ANSWER 1. I...

NIGP CPPO Certification Exam 2023/2024 Questions and Answers. Surety - ANSWER a pledge or guarantee by an insurance company, bank, individual or corporation on behalf of a bidder or offeror which protects against default or failure of the principal 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 or a higher authority for the outcome. acceptance - ANSWER 1. I...

NIGP CPPO Certification Exam 2023/2024 Questions and Answers. Surety - ANSWER a pledge or guarantee by an insurance company, bank, individual or corporation on behalf of a bidder or offeror which protects against default or failure of the principal 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 or a higher authority for the outcome. acceptance - ANSWER 1. I...

CPPO Practice Exam with Questions and Answers

CPPO EXAM AND PRACTICE EXAM ACTUAL EXAM ALL 200 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ 7 Rights of Purchasing - answerTo obtain the right material in the right quantity for delivery at the right time to the right place from the right source(a responsive and responsible supplier) with the right service at the right price. Values - answerEnduring beliefs or ideals shared by public procurement about what is good or desirable and what is not in our act...

CPPO Practice Exam with Questions and Answers Market - ANSWER A buyer wants to spot buy propane. Which analysis process should be used to determine when to buy? a. Demand b. Supply c. Performance d. Market Mean Absolute Deviation - ANSWER Forecasts are never completely accurate. Which calculation demonstrates the degree of accuracy? a. Weighted moving average b. Absolute value of errors c. Mean Absolute Deviation d. Economic Order Quantity Developing alternate proc...

CPPO Practice Exam with Questions and Answers

CPPO Practice Exam with Questions and Answers

NIGP CPPO CERTIFICATION EXAM ACTUAL EXAM 130 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES|ALREADY GRADED legacy system - ANSWER- An outdated computer system that remains in use despite the availability or more current technology. It usually is an archaic data management platform that may contain proprietary custom designed software such as an old database management system running on mainframes. May run financial's, payroll, human resources, purchasing, supply management, inventor...

CPPO Practice Exam with Questions and Answers