MODULE 2 CPO TRAINING QUESTIONS AND ANSWERS WITH SOLUTIONS 2025

Public procurement can be considered a... - ANSWER special type of business-to-business (B2B) transaction. In our case it is "governement-to-business" (G2B) Public purchasing is a central area of public spending where... - ANSWER corruption stakes are high. All forms of corruption thrive on secrecy and silence. This makes the role of transparency very critical. The important difference is... - ANSWER public procurement can only do what is authorized by law; -- what the statutes allow; Whereas private sector can do whatever is not in violation of the law -- much greater latitude. In the private sector, a buyer can do whatever is... - ANSWER not prohibited by law. In the public sector, a buyer can do ONLY what is... - ANSWER authorized by law and implementing rules. Be alert to... - ANSWER -the source of authority (statutes & rules) -the delegation of that athority Among other things, public procurement law: - ANSWER -Restricts contact between the procuring