CPPB EXAM PREP 2023 WITH QUESTIONS AND ANSWERS

CPPB EXAM PREP 2023 WITH QUESTIONS AND ANSWERS 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 parts, and pumps must be readily available. These deep well pumps cost tens of thousands of dollars, but if they are maintained co rrectly, they can last over 10 years. What should be done with a decommissioned pump? A. Sell is as scrap metal B. Transfer it to another entity C. Sell it via an electronic auction D. Cannibalize it for parts - ANSWER D. Cannibalize it for parts There are about 20 negotiation tactics named in the literature and prep guides such as win/win and good cop/bad cop. Other than these two, name three others and what they mean. - ANSWER Changing of position - formulate the proposals in a diffe rent way, without changing the final result. Gathering information - Ask for information form the other party to clarify their position. Making the cake bigger - offer alternatives that may be agreeable to the other party , without changing the terms What can a procurement official learn from looking at an entity's strategic plan? A. How to allocate procurement resources B. How to respond to technology changes C. How to respond to political changes D. Guidance in handling a current crisis - ANSWER A. How to allocate procuremen t resources During the planning stage of a procurement engagement, an entity client wante d to buy a mid range printer. They then decided that a printer/copier/scanner/fax might be better, but they aren't sure if it's worth the price. What tool can help make the determinatio n? A. Value analysis B. Market survey C. Price analysis D. Cost analysis - ANSWER A. Value analysis During the negotiation process, it may be necessary to: A. Hide your intentions from the other team. B. Rigidly adhere to specific details. C. Anticipate the other party's tactics and plan counter-tactics. D. Conduct brainstorming sessions to develop team options. - ANSWER C. Anticipate the other party's tactics and plan counter-tactics. The use of which cost-type contract is prohibited in most jurisdictions and by the Federal government? A. Cost plus incentive fee B. Cost plus percentage of cost C. Cost without fee D. Cost sharing - ANSWER B. Cost plus percentage of cost Which of the following types of contracts establishes a source of supply and pricing f or specified items or services for a specified period? A. Competitive price contract B. Fixed price contract C. Term contract D. Service contract - ANSWER C. Term contract Privity of contract deals with: A. The parties to a contract having the right to enforce it B. A party having the right to submit a bid C. A party having a right to reject an offer D. Any parties having the right to cancel a contract - ANSWER A. The parties to a contract having the right to enforce it An agency is revising its document retention schedule. Where should the government entity look for guidance? A. The Federal Acquisition Requirements. B. Legal or statutory requirements. C. The Universal Commercial Code D. Common Law - ANSWER B. Legal or statutory requirements. In public contracting, competency refers to: A. Persons representing the vendor. B. Persons of any age entering into a contract. C. Only procurement officials. D. Persons mentally capable and of the age as allowed by law. - ANSWER D. Persons mentally capable and of the age as allowed by law. Five (5) days after posting a Notice of Intent to Award, a protest is received from another responder who states that his proposal is the best value for the agency. The protester provides comprehensive, detailed information to support his position and requests th at the intended award be set aside. What should be your first step in handling the protest? A. Withdraw the Notice of Intent to Award until the protest is resolved B. Confirm that the protest was received within the timeline for filing C. Allow the protester to clarify his/her best value proposal D. Convene the evaluation committee to reconsider the recommendation of award - ANSWER B. Confirm that the protest was received within the timeline for filing The Statute of Frauds is a 1677 device passed by the English Parliament and carried down to us by common law and the actions of state legislatures that: A. Prevents the validity of any oral contract. B. Requires that all bid submittals be witnessed by a notary public. C. Mandates the posting of bonds against the fraudulent actions of a vendor. D. Requires certain promises and agreements to be evidenced in writing. - ANSWER D. Requires certain promises and agreements to be evidenced in writing. The three types of competition found in the market place are: A. Inexact, impure and monastic B. Exact, pure and monopoly C. Exact, pure and monotheistic D. Pure, imperfect and monopoly - ANSWER D. Pure, imperfect and monopo ly Price fixing, bid rigging and restraints of trade are prohibited by this first of its kind federal act. A. Federal Trade Commission B. Adam Clayton Powell Act C. Sherman Anti-Trust Act D. Robinson-Patman Act - ANSWER C. Sherman Anti-Trust Act Statutes, ordinances, charters, rules, regulations, policies and procedures are all examples of: