CPPB FINAL EXAM ACTUAL QUESTIONS AND ANSWERS
GRADED A+
✔✔program audits or evaluations - ✔✔monitor results to determine the extent to which
a governmental unit has achieved program objectives
✔✔standard - ✔✔result of a particular standardization effort approved by the
recognized authority
✔✔performance audits - ✔✔reviews all governmental operations and includes all of the
other types of audits
✔✔standardization - ✔✔adoption of a single product or group of products to be used by
different organizations or all parts of one organization
✔✔supplier manuals - ✔✔provide formal and extensive information for suppliers
seeking to do business with the organization
✔✔electronic commerce - ✔✔integration of electronic data interchange, ETF, and
similar techniques into a comprehensive electronic based system of procurement
functions
✔✔audit reports - ✔✔interdepartmental, intradepartmental, higher level management
✔✔post consumer - ✔✔materials made from commodities that have been used by
consumers
✔✔interdepartmental reports - ✔✔inform the management concerning departmental
matters
✔✔audit - ✔✔detailed review and examination of records
✔✔pre-consumer - ✔✔materials left over in manufacturing processes and reused in a
consumer product
✔✔three forms of authority - ✔✔express, implied, apparent
✔✔interdepartmental reports - ✔✔distribution to other departments on a need to know
basis
✔✔electronic sourcing - ✔✔obtaining bids from different suppliers via a single online
portal
,✔✔procedure manuals - ✔✔written at a finer level that sets out processes, forms, and
steps
✔✔procurement technology - ✔✔helps accelerate business improvements
✔✔preference - ✔✔advantage given to bidders/offerors based on pre-established
criteria
✔✔four types of audits - ✔✔financial compliance, economy & efficiency, program or
evaluations, performance
✔✔standardization committee - ✔✔used to create standards
✔✔purposes of public budgeting - ✔✔goal attainment, financial control, managerial
accountability
✔✔express authority - ✔✔explicitly given in direct language
✔✔rational budget decision model - ✔✔inter sector efficiency, inter program efficiency,
intra program efficiency
✔✔inter sector efficiency - ✔✔determines whether or not the cost of a government
activity yields more benefits to society than if it remained in the private sector
✔✔financial and compliance audits - ✔✔performed by accounting firms to determine
whether transactions are recorded and verify accuracy
✔✔inter program efficiency - ✔✔judges competing programs and allocates resources to
the program that provides the greatest benefits
✔✔intra program efficiency - ✔✔determine within each program if resources should be
combined to maximize the net benefits from any given expenditure increment
✔✔performance budgets - ✔✔relate expenditures to workloads
✔✔line item budgets - ✔✔fixed budgets with monies appropriated for a particular
period, usually one year
✔✔other types of budgets - ✔✔performance budgets, program budgets, zero based
budgets, results oriented budgeting
✔✔implied authority - ✔✔determined by inferences and reasonable deductions arising
out of the conduct of the principal toward the agent
, ✔✔apparent authority - ✔✔principal allows or permits a person to function in a capacity
that creates the illusion the person is an authorized agent
✔✔how are policies and procedures maintained? - ✔✔policy manuals, procedure
manuals, supplier manuals
✔✔program budgets - ✔✔long range with multiyear plans prepared along with budget
requests
✔✔policy manuals - ✔✔centrally written and used to guide behavior toward specific
organizational objectives
✔✔higher level management reports - ✔✔issued to senior management and other key
personnel
✔✔electronic procurement - ✔✔conducting all or some of the procurement function over
the internet
✔✔simplification program - ✔✔screening the agency's inventory in order to determine
which items should be consolidated, updated, or disposed
✔✔zero based budgets - ✔✔relate expenditures and revenue to workloads and
organize budget presentations according to "decision packets" of cost centers where
alternative levels of service delivery can be specified
✔✔joint use agreements - ✔✔agreements between various government agencies that
may involve the shared use of public property
✔✔debriefing - ✔✔contracting authority will meet with those parties whose proposals
were not awarded
✔✔protest - ✔✔written object by a potential interested party to a solicitation or award of
a contract with the intention of receiving a remedial result
✔✔cost analysis - ✔✔review and evaluation of cost data for the purpose of arriving at
costs actually incurred or estimated
✔✔market oriented pricing - ✔✔occurs when prices are defined according to the range
of the quality of the product or service provided by the supplier
✔✔value based pricing - ✔✔based upon the perceived or actual value that the
procurement professional will receive
GRADED A+
✔✔program audits or evaluations - ✔✔monitor results to determine the extent to which
a governmental unit has achieved program objectives
✔✔standard - ✔✔result of a particular standardization effort approved by the
recognized authority
✔✔performance audits - ✔✔reviews all governmental operations and includes all of the
other types of audits
✔✔standardization - ✔✔adoption of a single product or group of products to be used by
different organizations or all parts of one organization
✔✔supplier manuals - ✔✔provide formal and extensive information for suppliers
seeking to do business with the organization
✔✔electronic commerce - ✔✔integration of electronic data interchange, ETF, and
similar techniques into a comprehensive electronic based system of procurement
functions
✔✔audit reports - ✔✔interdepartmental, intradepartmental, higher level management
✔✔post consumer - ✔✔materials made from commodities that have been used by
consumers
✔✔interdepartmental reports - ✔✔inform the management concerning departmental
matters
✔✔audit - ✔✔detailed review and examination of records
✔✔pre-consumer - ✔✔materials left over in manufacturing processes and reused in a
consumer product
✔✔three forms of authority - ✔✔express, implied, apparent
✔✔interdepartmental reports - ✔✔distribution to other departments on a need to know
basis
✔✔electronic sourcing - ✔✔obtaining bids from different suppliers via a single online
portal
,✔✔procedure manuals - ✔✔written at a finer level that sets out processes, forms, and
steps
✔✔procurement technology - ✔✔helps accelerate business improvements
✔✔preference - ✔✔advantage given to bidders/offerors based on pre-established
criteria
✔✔four types of audits - ✔✔financial compliance, economy & efficiency, program or
evaluations, performance
✔✔standardization committee - ✔✔used to create standards
✔✔purposes of public budgeting - ✔✔goal attainment, financial control, managerial
accountability
✔✔express authority - ✔✔explicitly given in direct language
✔✔rational budget decision model - ✔✔inter sector efficiency, inter program efficiency,
intra program efficiency
✔✔inter sector efficiency - ✔✔determines whether or not the cost of a government
activity yields more benefits to society than if it remained in the private sector
✔✔financial and compliance audits - ✔✔performed by accounting firms to determine
whether transactions are recorded and verify accuracy
✔✔inter program efficiency - ✔✔judges competing programs and allocates resources to
the program that provides the greatest benefits
✔✔intra program efficiency - ✔✔determine within each program if resources should be
combined to maximize the net benefits from any given expenditure increment
✔✔performance budgets - ✔✔relate expenditures to workloads
✔✔line item budgets - ✔✔fixed budgets with monies appropriated for a particular
period, usually one year
✔✔other types of budgets - ✔✔performance budgets, program budgets, zero based
budgets, results oriented budgeting
✔✔implied authority - ✔✔determined by inferences and reasonable deductions arising
out of the conduct of the principal toward the agent
, ✔✔apparent authority - ✔✔principal allows or permits a person to function in a capacity
that creates the illusion the person is an authorized agent
✔✔how are policies and procedures maintained? - ✔✔policy manuals, procedure
manuals, supplier manuals
✔✔program budgets - ✔✔long range with multiyear plans prepared along with budget
requests
✔✔policy manuals - ✔✔centrally written and used to guide behavior toward specific
organizational objectives
✔✔higher level management reports - ✔✔issued to senior management and other key
personnel
✔✔electronic procurement - ✔✔conducting all or some of the procurement function over
the internet
✔✔simplification program - ✔✔screening the agency's inventory in order to determine
which items should be consolidated, updated, or disposed
✔✔zero based budgets - ✔✔relate expenditures and revenue to workloads and
organize budget presentations according to "decision packets" of cost centers where
alternative levels of service delivery can be specified
✔✔joint use agreements - ✔✔agreements between various government agencies that
may involve the shared use of public property
✔✔debriefing - ✔✔contracting authority will meet with those parties whose proposals
were not awarded
✔✔protest - ✔✔written object by a potential interested party to a solicitation or award of
a contract with the intention of receiving a remedial result
✔✔cost analysis - ✔✔review and evaluation of cost data for the purpose of arriving at
costs actually incurred or estimated
✔✔market oriented pricing - ✔✔occurs when prices are defined according to the range
of the quality of the product or service provided by the supplier
✔✔value based pricing - ✔✔based upon the perceived or actual value that the
procurement professional will receive
