CPPB BUNDLED exams 2023 with 100% correct answers

FIXED-PRICE WITH ESCALATION/DE-ESCALATION The purchasing officer of the governmental agency has expressed serious concerns about the number of repetitive requisitions, solicitations and POs that are being processed to purchase gasoline for the organization. Every time a new order is placed, another...

Procurement Technology Helps accelerate business improvements Results Oriented Budgeting Attempts to link a resource allocation to performance criteria Budget Cycle 1. Planning 2. Formalization 3. implementation 4. evaluation Procurement Cards payment method whereby internal...

Express the organization's purpose for existence An organization's mission statement should: Legal and statutory requirements An agency is revising its document retention schedule. To what should the governmental entity look for guidance? Cooperative Contract An agency is looking ...

An entity purchases several different types of mobile phones to meet employees' preferences. This is causing inefficiencies. What action can be taken to address and correct the inefficiencies? A. creation of performance specifications B. sole sourcing C. benchmarking D. standardization standardiza...

CPPB Exam - Domain VI exam 2023 with 100% correct answers

An entity purchases several different types of mobile phones to meet employees' preferences. This is causing inefficiencies. What action can be taken to address and correct the inefficiencies? A. creation of performance specifications B. sole sourcing C. benchmarking D. standardization standardiza...

LAST-IN FIRST OUT (LIFO) Utilized in Private Sector. Due to taxes, it is beneficial to use the latest received item JUST-IN-TIME (JIT) INVENTORY Inventory system in which companies manufacture or purchase goods just in time for use. Technique focused on the inventory reduction and value- a...

The Materials Manager for the Utility department has to keep parts and materials in stock to maintain all 42 pump stations as well as all the infrastructure to keep the town citizens supplied with clean, pure, well water. This service has to be provided 24/7, and all essential maintenance, repair pa...