CPPO EXAM WITH GUARANTEED
ACCURATE ANSWERS |VERIFIED
7 Rights of Purchasing - ACCURATE ANSWERS✔✔ To 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 - ACCURATE ANSWERS✔✔ Enduring beliefs or ideals shared
by public procurement about what is good or desirable and what is not in
our actions.
Goals - ACCURATE ANSWERS✔✔ Long-term, tangible, attainable
targets for an organization
Policies - ACCURATE ANSWERS✔✔ Plans, courses of action, or
governing principles which establishes the general parameters for the
organization to follow in carrying out its responsibilities.
Mission Statement - ACCURATE ANSWERS✔✔ States the purpose of
its existence and its core values. It should be no more than three
sentences and identifies the purpose of an organization, the services it
provides, the customers it seeks to serve and the way it serves.
Strategic Plan includes: - ACCURATE ANSWERS✔✔ Vision, mission,
goals, objectives, strategies, performance measures and evaluation
,Vision - ACCURATE ANSWERS✔✔ Identifies where the organization
wants to be in the future
Mission - ACCURATE ANSWERS✔✔ Identifies why it exists, what it
is and how it contributes to the local community.
Goals - ACCURATE ANSWERS✔✔ Identifies what the organization is
intending to accomplish and proposes the general end towards which an
organization directs its efforts.
Objectives - ACCURATE ANSWERS✔✔ Highly defined targets that
require specific action with a shorter time frame.
Strategies - ACCURATE ANSWERS✔✔ Identified methods to achieve
specific goals and are used to carry out objectives. Long range plans
Performance Measures - ACCURATE ANSWERS✔✔ The development
and alignment of objectives and mechanisms for measuring the
accomplishments of objectives to support the strategic goals of the
organization. Something to evaluate against.
Evaluation - ACCURATE ANSWERS✔✔ Monitoring the end results
Objectives should be: - ACCURATE ANSWERS✔✔ SMART-Specific,
measurable, assignable, realistic and time based.
,Types of performance measures - ACCURATE ANSWERS✔✔
Demand, workload, efficiency and effectiveness
Demand - ACCURATE ANSWERS✔✔ A measure that assesses the
severity of a problem or the scope of work to be performed.
Workload - ACCURATE ANSWERS✔✔ A measure that indicates the
amount of work which must be performed to accomplish a specific task.
Efficiency - ACCURATE ANSWERS✔✔ A measure that compares
resources used with results obtained.
Effectiveness - ACCURATE ANSWERS✔✔ A measure that determines
how well a program or activity meets an objective or fulfills a need.
Value-added benefits* - ACCURATE ANSWERS✔✔ Takes into
consideration quality, cost, service, TCO (total cost of ownership) and
continuity of supply.
Policy Manual - ACCURATE ANSWERS✔✔ Manual that says how we
must do it. Defines the general parameters for the organization to follow
in carrying out its responsibilities.
, Procedure manual - ACCURATE ANSWERS✔✔ Shows in great detail
how to do the work. It functions to not only provide guidance but to set
out forms, process requirements ans steps for each purchasing action.
Regulations - ACCURATE ANSWERS✔✔ Statements by a governing
body to implement, interpret or prescribe law or policy.
Automated procurement management information systems -
ACCURATE ANSWERS✔✔ Saves considerable time and effort,
reduces overhead and improves schedule by eliminating the repetitive
clerical tasks associated with purchasing.
Enterprise Resource Planning Systems (ERP) - ACCURATE
ANSWERS✔✔ Business process software systems that manage
multiple management systems such as finance, accounting, human
resources, purchasing, and inventory.
Retention Schedule for documents* - ACCURATE ANSWERS✔✔
Must save the following: "HAL" Historical, Administrative and Legal
Cooperative Purchasing - ACCURATE ANSWERS✔✔ Two or more
agencies combining their requirements to obtain advantages of volume
purchasing including administrative savings.
Benefits of Cooperative purchasing - ACCURATE ANSWERS✔✔
Provides lower prices for large agencies volume purchases, lower cost to
ACCURATE ANSWERS |VERIFIED
7 Rights of Purchasing - ACCURATE ANSWERS✔✔ To 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 - ACCURATE ANSWERS✔✔ Enduring beliefs or ideals shared
by public procurement about what is good or desirable and what is not in
our actions.
Goals - ACCURATE ANSWERS✔✔ Long-term, tangible, attainable
targets for an organization
Policies - ACCURATE ANSWERS✔✔ Plans, courses of action, or
governing principles which establishes the general parameters for the
organization to follow in carrying out its responsibilities.
Mission Statement - ACCURATE ANSWERS✔✔ States the purpose of
its existence and its core values. It should be no more than three
sentences and identifies the purpose of an organization, the services it
provides, the customers it seeks to serve and the way it serves.
Strategic Plan includes: - ACCURATE ANSWERS✔✔ Vision, mission,
goals, objectives, strategies, performance measures and evaluation
,Vision - ACCURATE ANSWERS✔✔ Identifies where the organization
wants to be in the future
Mission - ACCURATE ANSWERS✔✔ Identifies why it exists, what it
is and how it contributes to the local community.
Goals - ACCURATE ANSWERS✔✔ Identifies what the organization is
intending to accomplish and proposes the general end towards which an
organization directs its efforts.
Objectives - ACCURATE ANSWERS✔✔ Highly defined targets that
require specific action with a shorter time frame.
Strategies - ACCURATE ANSWERS✔✔ Identified methods to achieve
specific goals and are used to carry out objectives. Long range plans
Performance Measures - ACCURATE ANSWERS✔✔ The development
and alignment of objectives and mechanisms for measuring the
accomplishments of objectives to support the strategic goals of the
organization. Something to evaluate against.
Evaluation - ACCURATE ANSWERS✔✔ Monitoring the end results
Objectives should be: - ACCURATE ANSWERS✔✔ SMART-Specific,
measurable, assignable, realistic and time based.
,Types of performance measures - ACCURATE ANSWERS✔✔
Demand, workload, efficiency and effectiveness
Demand - ACCURATE ANSWERS✔✔ A measure that assesses the
severity of a problem or the scope of work to be performed.
Workload - ACCURATE ANSWERS✔✔ A measure that indicates the
amount of work which must be performed to accomplish a specific task.
Efficiency - ACCURATE ANSWERS✔✔ A measure that compares
resources used with results obtained.
Effectiveness - ACCURATE ANSWERS✔✔ A measure that determines
how well a program or activity meets an objective or fulfills a need.
Value-added benefits* - ACCURATE ANSWERS✔✔ Takes into
consideration quality, cost, service, TCO (total cost of ownership) and
continuity of supply.
Policy Manual - ACCURATE ANSWERS✔✔ Manual that says how we
must do it. Defines the general parameters for the organization to follow
in carrying out its responsibilities.
, Procedure manual - ACCURATE ANSWERS✔✔ Shows in great detail
how to do the work. It functions to not only provide guidance but to set
out forms, process requirements ans steps for each purchasing action.
Regulations - ACCURATE ANSWERS✔✔ Statements by a governing
body to implement, interpret or prescribe law or policy.
Automated procurement management information systems -
ACCURATE ANSWERS✔✔ Saves considerable time and effort,
reduces overhead and improves schedule by eliminating the repetitive
clerical tasks associated with purchasing.
Enterprise Resource Planning Systems (ERP) - ACCURATE
ANSWERS✔✔ Business process software systems that manage
multiple management systems such as finance, accounting, human
resources, purchasing, and inventory.
Retention Schedule for documents* - ACCURATE ANSWERS✔✔
Must save the following: "HAL" Historical, Administrative and Legal
Cooperative Purchasing - ACCURATE ANSWERS✔✔ Two or more
agencies combining their requirements to obtain advantages of volume
purchasing including administrative savings.
Benefits of Cooperative purchasing - ACCURATE ANSWERS✔✔
Provides lower prices for large agencies volume purchases, lower cost to
