CPPO EXAM AND PRACTICE EXAM ACTUAL EXAM ALL 360 QUESTIO
AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREAD
GRADED A+
Study online at https://quizlet.com/_g3kri4
1. 7 Rights of Pur- To obtain the right material in the right quantity for delivery
chasing at the right time to the right place from the right source(a
responsive and responsible supplier) with the right ser-
vice at the right price.
2. Values Enduring beliefs or ideals shared by public procurement
about what is good or desirable and what is not in our
actions.
3. Goals Long-term, tangible, attainable targets for an organization
4. Policies Plans, courses of action, or governing principles which
establishes the general parameters for the organization
to follow in carrying out its responsibilities.
5. Mission State- States the purpose of its existence and its core values. it
ment should be no more than three sentences and identifies
the purpose of an organization, the services it provides,
the customers it seeks to serve and the way it serves.
6. Strategic Plan in- Vision, mission, goals, objectives, strategies, perfor-
cludes: mance measures and evaluation
7. Vision Identifies where the organization wants to be in the future
8. Mission Identifies why it exists, what it is and how it contributes to
the local community.
9. Goals Identifies what the organization is intending to accomplish
and proposes the general end towards which an organi-
zation directs its efforts.
10. Objectives Highly defined targets that require specific action with a
shorter time frame.
11. Strategies Identified methods to achieve specific goals and are used
to carry out objectives. Long range plans
, CPPO EXAM AND PRACTICE EXAM ACTUAL EXAM ALL 360 QUESTIO
AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREAD
GRADED A+
Study online at https://quizlet.com/_g3kri4
12. Performance The development and alignment of objectives and mecha-
Measures nisms for measuring the accomplishments of objectives to
support the strategic goals of the organization. Something
to evaluate against.
13. Evaluation Monitoring the end results
14. Objectives SMART-Specific, measurable, assignable, realistic and
should be: time based.
15. Types of perfor- Demand, workload, efficiency and effectiveness
mance measures
16. Demand A measure that assesses the severity of a problem or the
scope of work to be performed.
17. Workload A measure that indicates the amount of work which must
be performed to accomplish a specific task.
18. Efficiency A measure that compares resources used with results
obtained.
19. Effectiveness A measure that determines how well a program or activity
meets an objective or fulfills a need.
20. Value-added Takes into consideration quality, cost, service, TCO (total
benefits* cost of ownership) and continuity of supply.
21. Policy Manual Manual that says how we must do it. Defines the general
parameters for the organization to follow in carrying out
its responsibilities.
22. Procedure manu- Shows in great detail how to do the work. It functions to
al not only provide guidance but to set out forms, process
requirements ans steps for each purchasing action.
23. Regulations Statements by a governing body to implement, interpret
or prescribe law or policy.
, CPPO EXAM AND PRACTICE EXAM ACTUAL EXAM ALL 360 QUESTIO
AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREAD
GRADED A+
Study online at https://quizlet.com/_g3kri4
24. Automated pro- Saves considerable time and effort, reduces overhead
curement man- and improves schedule by eliminating the repetitive cler-
agement infor- ical tasks associated with purchasing.
mation systems
25. Enterprise Re- Business process software systems that manage multiple
source Planning management systems such as finance, accounting, hu-
Systems (ERP) man resources, purchasing, and inventory.
26. Retention Sched- Must save the following: "HAL" Historical, Administrative
ule for docu- and Legal
ments*
27. Cooperative Pur- Two or more agencies combining their requirements to
chasing obtain advantages of volume purchasing including admin-
istrative savings.
28. Benefits of Co- Provides lower prices for large agencies volume purchas-
operative pur- es, lower cost to smaller entities, combines qualities so
chasing that each entity gets a good value and reduces admin
costs of purchasing.
29. Initial Steps to Discuss the advantages, review agency policies and en-
develop a Co-op- gage legal counsel to assess laws, develop a whitepaper,
erative Purchas- research what other authorities are doing.
ing Program
30. Cost Avoidance Actions taken to avoid having to pay some sort of cost.
Also a dedicated effort on the part of the official to care-
fully analyze the agencies needs to prevent unnecessary
charges.
31. Cost Reduction Occurs when the current price to be paid by the buyer
is lower than the previous price paid under similar pro-
curement conditions generally as a result of a favorable
competitive market.
32.
, CPPO EXAM AND PRACTICE EXAM ACTUAL EXAM ALL 360 QUESTIO
AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREAD
GRADED A+
Study online at https://quizlet.com/_g3kri4
How to mea- Effectiveness, efficiency, projections and customer ser-
sure procure- vice
ment perfor-
mance
33. Effectiveness How long it takes to process a request for procurement.
34. Efficiency Defined as the ratio between inputs and outputs.
35. Projections Derived from historical baselines of the key objectives and
actual outcomes.
36. According to Self Actualization
Maslow's Hierar-
chy of Needs,
which of the fol-
lowing is consid-
ered to be the
ultimate human
need?
According to
Maslow's Hierar-
chy of Needs,
which of the fol-
lowing is consid-
ered to be the
ultimate human
need?
37. The costs of Carrying Costs
maintaining an
inventory of sup-
plies (e.g. the
costs of invest-
ed funds, in-
surance, stor-
age, obsoles-
cence, deteriora-
AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREAD
GRADED A+
Study online at https://quizlet.com/_g3kri4
1. 7 Rights of Pur- To obtain the right material in the right quantity for delivery
chasing at the right time to the right place from the right source(a
responsive and responsible supplier) with the right ser-
vice at the right price.
2. Values Enduring beliefs or ideals shared by public procurement
about what is good or desirable and what is not in our
actions.
3. Goals Long-term, tangible, attainable targets for an organization
4. Policies Plans, courses of action, or governing principles which
establishes the general parameters for the organization
to follow in carrying out its responsibilities.
5. Mission State- States the purpose of its existence and its core values. it
ment should be no more than three sentences and identifies
the purpose of an organization, the services it provides,
the customers it seeks to serve and the way it serves.
6. Strategic Plan in- Vision, mission, goals, objectives, strategies, perfor-
cludes: mance measures and evaluation
7. Vision Identifies where the organization wants to be in the future
8. Mission Identifies why it exists, what it is and how it contributes to
the local community.
9. Goals Identifies what the organization is intending to accomplish
and proposes the general end towards which an organi-
zation directs its efforts.
10. Objectives Highly defined targets that require specific action with a
shorter time frame.
11. Strategies Identified methods to achieve specific goals and are used
to carry out objectives. Long range plans
, CPPO EXAM AND PRACTICE EXAM ACTUAL EXAM ALL 360 QUESTIO
AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREAD
GRADED A+
Study online at https://quizlet.com/_g3kri4
12. Performance The development and alignment of objectives and mecha-
Measures nisms for measuring the accomplishments of objectives to
support the strategic goals of the organization. Something
to evaluate against.
13. Evaluation Monitoring the end results
14. Objectives SMART-Specific, measurable, assignable, realistic and
should be: time based.
15. Types of perfor- Demand, workload, efficiency and effectiveness
mance measures
16. Demand A measure that assesses the severity of a problem or the
scope of work to be performed.
17. Workload A measure that indicates the amount of work which must
be performed to accomplish a specific task.
18. Efficiency A measure that compares resources used with results
obtained.
19. Effectiveness A measure that determines how well a program or activity
meets an objective or fulfills a need.
20. Value-added Takes into consideration quality, cost, service, TCO (total
benefits* cost of ownership) and continuity of supply.
21. Policy Manual Manual that says how we must do it. Defines the general
parameters for the organization to follow in carrying out
its responsibilities.
22. Procedure manu- Shows in great detail how to do the work. It functions to
al not only provide guidance but to set out forms, process
requirements ans steps for each purchasing action.
23. Regulations Statements by a governing body to implement, interpret
or prescribe law or policy.
, CPPO EXAM AND PRACTICE EXAM ACTUAL EXAM ALL 360 QUESTIO
AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREAD
GRADED A+
Study online at https://quizlet.com/_g3kri4
24. Automated pro- Saves considerable time and effort, reduces overhead
curement man- and improves schedule by eliminating the repetitive cler-
agement infor- ical tasks associated with purchasing.
mation systems
25. Enterprise Re- Business process software systems that manage multiple
source Planning management systems such as finance, accounting, hu-
Systems (ERP) man resources, purchasing, and inventory.
26. Retention Sched- Must save the following: "HAL" Historical, Administrative
ule for docu- and Legal
ments*
27. Cooperative Pur- Two or more agencies combining their requirements to
chasing obtain advantages of volume purchasing including admin-
istrative savings.
28. Benefits of Co- Provides lower prices for large agencies volume purchas-
operative pur- es, lower cost to smaller entities, combines qualities so
chasing that each entity gets a good value and reduces admin
costs of purchasing.
29. Initial Steps to Discuss the advantages, review agency policies and en-
develop a Co-op- gage legal counsel to assess laws, develop a whitepaper,
erative Purchas- research what other authorities are doing.
ing Program
30. Cost Avoidance Actions taken to avoid having to pay some sort of cost.
Also a dedicated effort on the part of the official to care-
fully analyze the agencies needs to prevent unnecessary
charges.
31. Cost Reduction Occurs when the current price to be paid by the buyer
is lower than the previous price paid under similar pro-
curement conditions generally as a result of a favorable
competitive market.
32.
, CPPO EXAM AND PRACTICE EXAM ACTUAL EXAM ALL 360 QUESTIO
AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREAD
GRADED A+
Study online at https://quizlet.com/_g3kri4
How to mea- Effectiveness, efficiency, projections and customer ser-
sure procure- vice
ment perfor-
mance
33. Effectiveness How long it takes to process a request for procurement.
34. Efficiency Defined as the ratio between inputs and outputs.
35. Projections Derived from historical baselines of the key objectives and
actual outcomes.
36. According to Self Actualization
Maslow's Hierar-
chy of Needs,
which of the fol-
lowing is consid-
ered to be the
ultimate human
need?
According to
Maslow's Hierar-
chy of Needs,
which of the fol-
lowing is consid-
ered to be the
ultimate human
need?
37. The costs of Carrying Costs
maintaining an
inventory of sup-
plies (e.g. the
costs of invest-
ed funds, in-
surance, stor-
age, obsoles-
cence, deteriora-
