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Exam (elaborations)

Cppb Exam Prep Questions With Answers

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CPPB exam prep QUESTIONS WITH ANSWERS

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CPPB exam prep QUESTIONS WITH |\ |\ |\ |\ |\




ANSWERS


What does the procurement policy of an entity reflects? -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\



CORRECT ANSWERS ✔✔-The entity's legal system |\ |\ |\ |\ |\




-The goals and values of the entity
|\ |\ |\ |\ |\ |\ |\




-Policies and practices federal-level entities use to acquire
|\ |\ |\ |\ |\ |\ |\



goods and services; this may not apply to state or local
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\



entities


What should the overall purpose of a procurement policy
|\ |\ |\ |\ |\ |\ |\ |\ |\



manual be? - CORRECT ANSWERS ✔✔-Establish the legal
|\ |\ |\ |\ |\ |\ |\ |\



authority of the procurement function within the entity.
|\ |\ |\ |\ |\ |\ |\ |\




-Simplify, clarify, and reflect the laws governing
|\ |\ |\ |\ |\ |\ |\



procurement
-Enable uniform procurement policies throughout the
|\ |\ |\ |\ |\ |\



entity
-Build public confidence in public procurement
|\ |\ |\ |\ |\ |\




-Ensure the fair and equitable treatment of everyone who
|\ |\ |\ |\ |\ |\ |\ |\ |\



deals with the procurement system
|\ |\ |\ |\




-Provide for increased efficiency, economy, and flexibility
|\ |\ |\ |\ |\ |\ |\



in public procurement activities and maximize to the
|\ |\ |\ |\ |\ |\ |\ |\



fullest extent the purchasing power of the entity
|\ |\ |\ |\ |\ |\ |\

,-Foster effective broad-based competition from all
|\ |\ |\ |\ |\ |\



segments of the supplier community|\ |\ |\ |\ |\




-Safeguard the integrity of the procurement system and
|\ |\ |\ |\ |\ |\ |\ |\



protect against corruption, waste, fraud and abuse
|\ |\ |\ |\ |\ |\ |\




-Ensure appropriate public access to contracting
|\ |\ |\ |\ |\ |\



information |\




-Foster equal employment opportunities that are in line
|\ |\ |\ |\ |\ |\ |\ |\



with legal requirements, in the policies and practices of
|\ |\ |\ |\ |\ |\ |\ |\ |\



suppliers and subcontractors wishing to do business with
|\ |\ |\ |\ |\ |\ |\ |\



the entity
|\




What should policy and procedure manuals be? -
|\ |\ |\ |\ |\ |\ |\ |\



CORRECT ANSWERS ✔✔They must be well organized and
|\ |\ |\ |\ |\ |\ |\ |\



should contain a clear definition of the purpose of each
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\



manual and its intended use.
|\ |\ |\ |\




What must be done to ensure proper organizational
|\ |\ |\ |\ |\ |\ |\ |\



impact with a policy and procedure manual? - CORRECT
|\ |\ |\ |\ |\ |\ |\ |\ |\



ANSWERS ✔✔The Chief Executive Officer of the entity
|\ |\ |\ |\ |\ |\ |\ |\



should endorse each manual and the manuals should be
|\ |\ |\ |\ |\ |\ |\ |\ |\



produced in a manner that facilitates revision as changes
|\ |\ |\ |\ |\ |\ |\ |\ |\



will surely happen through new legislation and increased
|\ |\ |\ |\ |\ |\ |\ |\



efficiencies in processes. |\ |\




What are two examples of policies that represent entity
|\ |\ |\ |\ |\ |\ |\ |\ |\



objectives? - CORRECT ANSWERS ✔✔-a set-aside/goal
|\ |\ |\ |\ |\ |\



that allows an established percentage of the business
|\ |\ |\ |\ |\ |\ |\ |\

,conducted with an entity to be excluded from the general
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\



competitive pool and purchased from a specialized class |\ |\ |\ |\ |\ |\ |\ |\



of business
|\




-a policy that encourages and promotes a recycling
|\ |\ |\ |\ |\ |\ |\ |\



program which includes procuring recycled goods
|\ |\ |\ |\ |\




What must Procurement professionals involved in the
|\ |\ |\ |\ |\ |\ |\



establishment of policy manuals be? - CORRECT |\ |\ |\ |\ |\ |\ |\



ANSWERS ✔✔-be responsive and adaptive to their
|\ |\ |\ |\ |\ |\ |\



environments |\




-act in the best interest of the entity
|\ |\ |\ |\ |\ |\ |\ |\




-be well-informed about the information associated with
|\ |\ |\ |\ |\ |\ |\



regulations
-provide the support to perform functions within
|\ |\ |\ |\ |\ |\ |\



established procurement policies and procedures |\ |\ |\ |\




How are procedure manuals written? - CORRECT
|\ |\ |\ |\ |\ |\ |\



ANSWERS ✔✔They are written at a finer level of detail
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\



that sets out processes, forms and steps.
|\ |\ |\ |\ |\ |\




Who primarily uses procedure manuals? - CORRECT
|\ |\ |\ |\ |\ |\ |\



ANSWERS ✔✔They are primarily used by the end user and
|\ |\ |\ |\ |\ |\ |\ |\ |\



procurement staff, the procedures manual provides
|\ |\ |\ |\ |\ |\ |\



guidelines and steps for preparing purchasing |\ |\ |\ |\ |\ |\



requisitions, developing specifications, receiving and |\ |\ |\ |\ |\

, inspection, and reporting and documenting supplier
|\ |\ |\ |\ |\ |\



performance.


What do procedure manuals detail? - CORRECT ANSWERS
|\ |\ |\ |\ |\ |\ |\ |\



✔✔They detail the business processes of Procurement
|\ |\ |\ |\ |\ |\ |\



and describe the entity, duties of staff, signing
|\ |\ |\ |\ |\ |\ |\ |\



authorities, procedures to be followed, and forms and |\ |\ |\ |\ |\ |\ |\ |\



filing systems to be used.
|\ |\ |\ |\




What is a supplier manual? - CORRECT ANSWERS ✔✔A
|\ |\ |\ |\ |\ |\ |\ |\ |\



supplier manual provides formal and extensive
|\ |\ |\ |\ |\ |\



information for suppliers seeking to do business with the
|\ |\ |\ |\ |\ |\ |\ |\ |\



entity.


What should a supplier manual include? - CORRECT
|\ |\ |\ |\ |\ |\ |\ |\



ANSWERS ✔✔-general information about the entity
|\ |\ |\ |\ |\ |\




-key contacts and telephone numbers
|\ |\ |\ |\ |\




-how the solicitation process is conducted
|\ |\ |\ |\ |\ |\




-how to receive an opportunity to participate in entity
|\ |\ |\ |\ |\ |\ |\ |\ |\



solicitations |\




-a description of the need to be both a responsive and
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\



responsible supplier |\ |\




-how are are to be submitted, public openings of offers,
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\



and the policy regarding late submissions
|\ |\ |\ |\ |\

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