CPPO FINAL EXAM ACTUAL QUESTIONS AND SOLUTIONS
GRADED A+
✔✔An organization's mission statement should:
A. Express the organization's purpose for existence
B. Identify how the organization wants to function in the future
C. Articulate the goals and objectives of the organization
D. Communicate particular strategies for success - ✔✔A. Express the organization's
purpose for existence
✔✔Douglas McGregor postulated a theory of management named for two letters of the
alphabet. What is this theory called and which letter applies to each of the managers
below.
Manager Joe believes employees are ambitious and self-motivated, enjoy work and will
seek out tasks to do. Consequently, his supervises with a lighter hand.
Manager Susie thinks all employees and basically lazy, inherently dislike work and will
avoid it every chance they get. She relies on threats and coercion to get things done. -
✔✔X Theory of Management
Y Theory of Management
Joe is a Y Theory Manager.
Susie is a X Theory Manager.
✔✔Having a severability clause in a contract:
A. Allows the remaining parts of it to continue in force should one part become voided.
B. Allows us to order several items from the catalog at the same time.
C. Allows us to order from several vendors if our contractor is out of stock.
D. Allows the vendor to sever his obligations at anytime. - ✔✔A. Allows the remaining
parts of it to continue in force should one part become voided.
✔✔Which of the following is not cause for an excusable delay under force majeure?
A. Fire
B. Flood
C. Death of a contractor's key person
D. Labor strikes - ✔✔C. Death of a contractor's key person
✔✔There are four steps in the budget cycle. Name them and put them in their proper
sequence. - ✔✔1. Planning
2. Formalization
3. Implementation
4. Evaluation
✔✔The existence of a Code of Ethics for the public procurement professional is
important because:
, A. The long term benefits from such standards usually outweigh any short term gains.
B. It is an obligation to the employer.
C. Most information becomes public by law so it is in the best interest of the individual to
protect himself.
D. Of the high level of responsibility that is attached to the duties of the public
purchaser. - ✔✔A. The long term benefits from such standards usually outweigh any
short term gains.
✔✔Arbitration requires that both parties:
A. Agree to be bound by a decision made by a third party.
B. Consent to future law suits if they disagree with any decision.
C. Agree to benefits that will support one party over another.
D. Only discuss financial issues regarding payment schedules. - ✔✔A. Agree to be
bound by a decision made by a third party.
✔✔Completion payments require the:
A. payment for work being delivered at planned intervals during the performance of the
contract.
B. contractor to essentially finance the work during the performance of the contract.
C. contractor to limit their invoicing to those costs for which it has made payment.
D. assumption of risk to be placed on the public agency. - ✔✔B. contractor to
essentially finance the work during the performance of the contract.
✔✔Which type of contract provides a fixed price that can be adjusted up or down,
depending upon the occurrence of certain contingencies as specified in the contract?
A. Cost plus a percentage of cost.
B. Fixed price, level of effort adjustment.
C. Fixed price with economic adjustment.
D. Cost sharing, fixed fee. - ✔✔C. Fixed price with economic adjustment.
✔✔Important factors to consider in completing a decision to contract out services may
include all of the following except:
A. Cost, control, legal restrictions and employee displacement.
B. Organization of the procurement office.
C. Staff expertise in providing the service.
D. Initial start-up costs in providing the service. - ✔✔B. Organization of the procurement
office.
✔✔The primary reason for a closed stores/warehouse system is to:
A. Facilitate annual inventory verification.
B. Physically control the movement of goods and personnel.
C. Permit the utilization of a stock numbering system.
D. Improve annual stock-taking. - ✔✔B. Physically control the movement of goods and
personnel.
GRADED A+
✔✔An organization's mission statement should:
A. Express the organization's purpose for existence
B. Identify how the organization wants to function in the future
C. Articulate the goals and objectives of the organization
D. Communicate particular strategies for success - ✔✔A. Express the organization's
purpose for existence
✔✔Douglas McGregor postulated a theory of management named for two letters of the
alphabet. What is this theory called and which letter applies to each of the managers
below.
Manager Joe believes employees are ambitious and self-motivated, enjoy work and will
seek out tasks to do. Consequently, his supervises with a lighter hand.
Manager Susie thinks all employees and basically lazy, inherently dislike work and will
avoid it every chance they get. She relies on threats and coercion to get things done. -
✔✔X Theory of Management
Y Theory of Management
Joe is a Y Theory Manager.
Susie is a X Theory Manager.
✔✔Having a severability clause in a contract:
A. Allows the remaining parts of it to continue in force should one part become voided.
B. Allows us to order several items from the catalog at the same time.
C. Allows us to order from several vendors if our contractor is out of stock.
D. Allows the vendor to sever his obligations at anytime. - ✔✔A. Allows the remaining
parts of it to continue in force should one part become voided.
✔✔Which of the following is not cause for an excusable delay under force majeure?
A. Fire
B. Flood
C. Death of a contractor's key person
D. Labor strikes - ✔✔C. Death of a contractor's key person
✔✔There are four steps in the budget cycle. Name them and put them in their proper
sequence. - ✔✔1. Planning
2. Formalization
3. Implementation
4. Evaluation
✔✔The existence of a Code of Ethics for the public procurement professional is
important because:
, A. The long term benefits from such standards usually outweigh any short term gains.
B. It is an obligation to the employer.
C. Most information becomes public by law so it is in the best interest of the individual to
protect himself.
D. Of the high level of responsibility that is attached to the duties of the public
purchaser. - ✔✔A. The long term benefits from such standards usually outweigh any
short term gains.
✔✔Arbitration requires that both parties:
A. Agree to be bound by a decision made by a third party.
B. Consent to future law suits if they disagree with any decision.
C. Agree to benefits that will support one party over another.
D. Only discuss financial issues regarding payment schedules. - ✔✔A. Agree to be
bound by a decision made by a third party.
✔✔Completion payments require the:
A. payment for work being delivered at planned intervals during the performance of the
contract.
B. contractor to essentially finance the work during the performance of the contract.
C. contractor to limit their invoicing to those costs for which it has made payment.
D. assumption of risk to be placed on the public agency. - ✔✔B. contractor to
essentially finance the work during the performance of the contract.
✔✔Which type of contract provides a fixed price that can be adjusted up or down,
depending upon the occurrence of certain contingencies as specified in the contract?
A. Cost plus a percentage of cost.
B. Fixed price, level of effort adjustment.
C. Fixed price with economic adjustment.
D. Cost sharing, fixed fee. - ✔✔C. Fixed price with economic adjustment.
✔✔Important factors to consider in completing a decision to contract out services may
include all of the following except:
A. Cost, control, legal restrictions and employee displacement.
B. Organization of the procurement office.
C. Staff expertise in providing the service.
D. Initial start-up costs in providing the service. - ✔✔B. Organization of the procurement
office.
✔✔The primary reason for a closed stores/warehouse system is to:
A. Facilitate annual inventory verification.
B. Physically control the movement of goods and personnel.
C. Permit the utilization of a stock numbering system.
D. Improve annual stock-taking. - ✔✔B. Physically control the movement of goods and
personnel.
