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Exam (elaborations)

CPPO Practice Exam with Questions and Answers

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CPPO Practice Exam with Questions and Answers

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Institution
CPPO
Course
CPPO

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Uploaded on
October 28, 2023
Number of pages
38
Written in
2023/2024
Type
Exam (elaborations)
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Questions & answers

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CPPO Practice Exam with
Questions and Answers
LATEST 2023-2024

, CPPO Practice Exam 2023-2024 with
Questions and Answers


Market - ANSWER A buyer wants to spot buy propane. Which analysis process
should be used to determine when to buy?

a. Demand

b. Supply

c. Performance

d. Market

Mean Absolute Deviation - ANSWER Forecasts are never completely accurate.
Which calculation demonstrates the degree of accuracy?

a. Weighted moving average

b. Absolute value of errors

c. Mean Absolute Deviation

d. Economic Order Quantity

Developing alternate procurement operations locations - ANSWER An entity
located on the Gulf of Mexico is developing their continuity of operations plan.
Which of the following is most important for the Procurement Services
Department to consider?

a. Assembly of emergency rations, including potable water, for use in the EOC

b. Determining the GPS coordinates for all of the County warehouses

c. Developing an emergency purchasing card program

d. Developing alternate procurement operations locations

Emergency Operations Plan - ANSWER In order for the entity Procurement
Services' Continuity of Operations Plan (COOP) to be effective, it must be in
accordance with which of the following?

a. The entity Procurement Procedures

,b. The entity Emergency Support Functional Plan

c. The entity Emergency Operations Plan

d. The entity Manager's Emergency Directive

Draft a mission statement - ANSWER The strategic planning team has identified
its stakeholders and conducted a SWOT analysis. What is its next step in creating a
strategic plan?

a. Establish performance measures

b. Draft a mission statement

c. Identify strategies to achieve goals and objectives

d. Monitor progress and gather data

Supply positioning - ANSWER An entity is planning to allocate staff based on the
time and effort required for its various procurements. Which analysis approach
will support this strategy?

a. The Pareto principle

b. Inventory forecasting

c. Projecting expenditures

d. Supply positioning

Weighted moving average - ANSWER A school district wants to determine how
many reams of printer paper to carry in inventory. Accurate monthly records of
paper purchases exist for the past 108 months. Which forecasting method should
be used for the school district?

a. Fixed period

b. Weighted moving average

c. Moving average

d. Trend estimation

Realistic - ANSWER The plan describes an objective in detail, specifies the
outcome, when it should be finished and who is responsible. Which objective
attribute is missing?

, a. Realistic

b. Assignable

c. Measurable

d. Time-related

Cost/benefit analysis - ANSWER The entity is trying to determine whether to use
solar generated lighting or go with LED lighting for the outdoor lighting in its new
central services building. What tool should be used to advise this decision?

a. Cost analysis

b. Value analysis

c. Spend analysis

d. Cost/benefit analysis

Economic order quantity - ANSWER What calculation Is used to determine the
most cost effective quantity of an Item to keep In stock?

a. Inventory carrying cost

b. Economic order quantity

c. Acquisition cost per order

d. Average inventory value

Obsolete - ANSWER The entity is replacing its computer equipment due to new
technology. The equipment to be replaced is four years old. While it still has a
useful life, new upgrades to current programs cannot run on the current
computers. Which term best describes this equipment?

a. Fully depreciated

b. Surplus

c. Obsolete

d. Disposable

Expedite - ANSWER Procurement has received word that the entity needs an
item much sooner than thought. The order has already been placed. What action
should be taken?

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