CPPB - Intro to Public Procurement
Exam Questions & Answers7
Public procurement is.... - ANSWERS-The designated legal authority to advise, plan, obtain,
deliver, and evaluate a government's expenditures on goods and services that are used to fulfill
stated objectives, obligations, and activities in pursuit of desired policy outcomes.
Materials Management... - ANSWERS-embraces all functions related to the control and
coordination of the movement of goods and maintenance, repair and operating items to,
through, and out of the organization.
May include functions such as purchasing, storage, inventory control, material forecasting,
receiving, transportation, inspection, and quality control.
Name the functions Materials Management includes... - ANSWERS-purchasing, storage,
disposal, material forecasting, inventory control, preparing requisitions, developing
specifications, receiving, quality control and inspection.
Public Procurement value-adding benefits are... - ANSWERS-quality, cost (including total cost of
ownership), service, continuity of supply, and time.
Goals of public procurement - ANSWERS-Cost
Quality
Timeliness
Managing Risk
Accomplishing Social and Economic Objectives
Maximizing Competition
, Maintaining Integrity and Transparency
Cost is... - ANSWERS-The actual expenses incurred in delivering a product, service, or
construction; includes both direct and indirect costs, but does not include fee or profit from the
vendor.
Quality is.. - ANSWERS-1. The function of excellence, intrinsic value, or grade as determined
over time by society generally or by designated bodies in specialized fields.
2. The composite of all attributes or characteristics, including performance, that satisfy the
user's needs.
3. Conformance with the stated requirements.
Timeliness is... - ANSWERS-delivering the requisitioned supplies to the end-user at the time
necessary for the end-user's purposes.
Managing Risk is... - ANSWERS-the process of identification and analysis of risk; and the decision
to either accept or mitigate the exposure to such risk when compared to the potential impact
on the achievement of the organization's objectives.
Davis-Bacon and Service Contract Acts socio-economic objectives are... - ANSWERS-pay
prevailing wages for work on government contracts.
Clean Air and Clean Water Acts socio-economic objectives are... - ANSWERS-to protect the
environment.
Buy American Act socio-economic objectives are... - ANSWERS-to protect American economy
and provide employment opportunities for American workers.
Executive Orders 11141 and 11246 socio-economic objectives are... - ANSWERS-to ensure equal
employment opportunity.
Exam Questions & Answers7
Public procurement is.... - ANSWERS-The designated legal authority to advise, plan, obtain,
deliver, and evaluate a government's expenditures on goods and services that are used to fulfill
stated objectives, obligations, and activities in pursuit of desired policy outcomes.
Materials Management... - ANSWERS-embraces all functions related to the control and
coordination of the movement of goods and maintenance, repair and operating items to,
through, and out of the organization.
May include functions such as purchasing, storage, inventory control, material forecasting,
receiving, transportation, inspection, and quality control.
Name the functions Materials Management includes... - ANSWERS-purchasing, storage,
disposal, material forecasting, inventory control, preparing requisitions, developing
specifications, receiving, quality control and inspection.
Public Procurement value-adding benefits are... - ANSWERS-quality, cost (including total cost of
ownership), service, continuity of supply, and time.
Goals of public procurement - ANSWERS-Cost
Quality
Timeliness
Managing Risk
Accomplishing Social and Economic Objectives
Maximizing Competition
, Maintaining Integrity and Transparency
Cost is... - ANSWERS-The actual expenses incurred in delivering a product, service, or
construction; includes both direct and indirect costs, but does not include fee or profit from the
vendor.
Quality is.. - ANSWERS-1. The function of excellence, intrinsic value, or grade as determined
over time by society generally or by designated bodies in specialized fields.
2. The composite of all attributes or characteristics, including performance, that satisfy the
user's needs.
3. Conformance with the stated requirements.
Timeliness is... - ANSWERS-delivering the requisitioned supplies to the end-user at the time
necessary for the end-user's purposes.
Managing Risk is... - ANSWERS-the process of identification and analysis of risk; and the decision
to either accept or mitigate the exposure to such risk when compared to the potential impact
on the achievement of the organization's objectives.
Davis-Bacon and Service Contract Acts socio-economic objectives are... - ANSWERS-pay
prevailing wages for work on government contracts.
Clean Air and Clean Water Acts socio-economic objectives are... - ANSWERS-to protect the
environment.
Buy American Act socio-economic objectives are... - ANSWERS-to protect American economy
and provide employment opportunities for American workers.
Executive Orders 11141 and 11246 socio-economic objectives are... - ANSWERS-to ensure equal
employment opportunity.
