CPPB Exam questions with correct answers

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 from the problem 2. create a variety of options before deciding which to pursue 3. focus on interests, not positions 4. use objective criteria people elements to negotiation - Correct Answer-differences of perception, emotions, communications differences of perception - Correct Answer-it is crucial for both sides to understand the other's viewpoint emotions - Correct Answer-negotiation can be a frustrating process