CPPB exam 2023 with 100% correct answers

Public procurement is.... - correct answer 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... - correct answer 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... - correct answer purchasing, storage, disposal, material forecasting, inventory control, preparing requisitions, developing specifications, receiving, quality control and inspection. Public Procurement value-adding benefits are... - correct answer quality, cost (including total cost of ownership), service, continuity of supply, and time. Goals of public procurement - correct answer Cost Quality Timeliness Managing Risk Accomplishing Social and Economic Objectives Maximizing Competition Maintaining Integrity and Transparency