CPPB Study Guides Combined Exam
Questions and Answers 100% Pass
A good specification should accomplish the following objectives EXCEPT: identify
requirements clearly, allow for competetive bids, identify the advantages of obtaining
the product or service, provide for equitable award - ✔✔identify the advantages of
obtaining the product or service
Common law - ✔✔A law that is not set forth in statutes, ordinances, or regulation, but
evolved over hundreds of years is known as: Administrative law, Criminal law, Tort
law, Common law
informality - ✔✔A minor irregularity which is merely a matter of form and not of
substance is known as a: deviation, non-responsive, formality, informality
protest - ✔✔A written objection by an interested party to a solicitation issued by an
agency for bids or proposals for a proposed contract for the procurement of goods or
services is known as a: dispute, defendant, protest, plaintiff
Principal - ✔✔An agent is someone who acts on behalf of a: principal, government,
contractor, subcontractor
Basic sources for law within the federal government is/are: Common Law, Statutes,
Uniform Commercial Code, Model Procurement Code - ✔✔Statutes
COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED 1
,Contract law is an example of: civil law, criminal law, contract law, common law -
✔✔Civil law
If the court decides that the parties intend that an agreement to be final and complete,
what rule prevents one of the parties from raising and debating the terms of the
agreement: A. Rule of reaso, B. Plain meaning rule, C. Parole evidence, D. Tort law -
✔✔Parole evidence
It is better to use a lump sum contract when the Scope of Work is well defined because:
A. the application method places all risks on the contractor, B. bidding process is less
competitive, C. lump sum bid is set higher to offset unknown risks, D. risk to contractor
is small - ✔✔D risk to contractor is small
Most operating leases are: A. used to obtain financial leverage and longer term benefits,
B. long term for a fixed period of time, C. full payout and partial payout financial leases,
D. short term for a fixed period of time - ✔✔
For how long are patent laws designed to protect the original inventors rights in a
product of process? - ✔✔20 years
What are the advantages of leasing to the buying organization? - ✔✔risk of
obsolescence can be minimized, equipment can be made available on a short-term basis,
maintenance problems can be reduced
The advantages of electronic catalogs include: - ✔✔A. marketing and sales costs are
sharply reduced, B. orders can be entered into fulfillment systems automatically, C.
invoicing and receivables costs are reduced through consolidation
The appropriate words that should be utilized in contracts to indicate statements of
obligation concernig things that the vendors has promised to do in the future is: A. will,
B. shall, C. obligated, D. should - ✔✔B shall
COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED 2
,The collection of court decisions regarding past court decision is: A. Common Law, B.
Legislative Law, C. Administrative Law, D. Contract Law - ✔✔A Common Law
The court of last resort is: - ✔✔Supreme Court
The first antitrust law that was adopted - ✔✔Sherman Antitrust Act
The following carriers are subject to regulation by the Interstate Commerce Commission
(ICC) -- DOT now -- EXCEPT: A. common carriers, B. contract carriers, C. private
carriers, D. standard carriers - ✔✔C private carriers
The following steps are used to determine contract award in the competetive sealed
proposal process EXCEPT: A. reviewing the end results expected from Scope of Work,
B. weighting values assigned to each part of the proposal, C. making all data available
to bidders and the public, D. examining the best value instead of the lowest price - ✔✔C
making all data available to bidders and the public
The implied warranty that the goods will meet certain industry standards is known as: -
✔✔warranty of merchantability
The law that basically states that some contracts need to be in writing is: - ✔✔Statute of
Frauds
The laws that governs public purchasing contracts for the sale of goods is: - ✔✔Uniform
Commercial Code
The objectives of the receiving and inspection process include the following EXCEPT: A.
to verify the items conform to the specifications, B. to determine if a product should be
stored in a warehouse system, C. to ensure the received items conform to contractual
requirements, D. to ensure the items arrive at the stated time - ✔✔B to determine if a
product should be stored in a warehouse system
COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED 3
, The procurement requirements for recipients of federal grants are contained within the:
- ✔✔OMB Circular A-102
The term that involves the question of whether the contractor can or will perform as he
has promised is: - ✔✔responsible
The UCC specifies acceptance of goods occur when the buyer: A. after a reasonable
opportunity to inspect the goods accepts or retains them, B. fails to make an effective
rejection, C. does any act inconsistent with the seller's ownership, D. all of the above -
✔✔D all of the above (after a reasonable opportunity to inspect the goods accepts or
retains them, B. fails to make an effective rejection, C. does any act inconsistent with the
seller's ownership)
The US Dept of Justice funded a project to develop uniform purchasing laws that
resulted in the development of the: - ✔✔Model Procurement Code
The warranty that warrants that there are no security interest or other liens on goods
other than those known to the buyer is: - ✔✔warranty of title
What are the components of the purchasing model? - ✔✔to buy at the right quality,
quantity, time, place, price, source, and service
What is a benefit of using Electronic Data Interchange (EDI)? - ✔✔enhanced inventory
control
What is a non-binding process where a neutral party tries to help the parties in contract
reach agreement? - ✔✔mediation
What is a responsive bidder? - ✔✔one that conforms with the requirements of
Invitation to Bid
What is the basic function of materials management? - ✔✔support organizational
operations of materials and services
COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED 4
Questions and Answers 100% Pass
A good specification should accomplish the following objectives EXCEPT: identify
requirements clearly, allow for competetive bids, identify the advantages of obtaining
the product or service, provide for equitable award - ✔✔identify the advantages of
obtaining the product or service
Common law - ✔✔A law that is not set forth in statutes, ordinances, or regulation, but
evolved over hundreds of years is known as: Administrative law, Criminal law, Tort
law, Common law
informality - ✔✔A minor irregularity which is merely a matter of form and not of
substance is known as a: deviation, non-responsive, formality, informality
protest - ✔✔A written objection by an interested party to a solicitation issued by an
agency for bids or proposals for a proposed contract for the procurement of goods or
services is known as a: dispute, defendant, protest, plaintiff
Principal - ✔✔An agent is someone who acts on behalf of a: principal, government,
contractor, subcontractor
Basic sources for law within the federal government is/are: Common Law, Statutes,
Uniform Commercial Code, Model Procurement Code - ✔✔Statutes
COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED 1
,Contract law is an example of: civil law, criminal law, contract law, common law -
✔✔Civil law
If the court decides that the parties intend that an agreement to be final and complete,
what rule prevents one of the parties from raising and debating the terms of the
agreement: A. Rule of reaso, B. Plain meaning rule, C. Parole evidence, D. Tort law -
✔✔Parole evidence
It is better to use a lump sum contract when the Scope of Work is well defined because:
A. the application method places all risks on the contractor, B. bidding process is less
competitive, C. lump sum bid is set higher to offset unknown risks, D. risk to contractor
is small - ✔✔D risk to contractor is small
Most operating leases are: A. used to obtain financial leverage and longer term benefits,
B. long term for a fixed period of time, C. full payout and partial payout financial leases,
D. short term for a fixed period of time - ✔✔
For how long are patent laws designed to protect the original inventors rights in a
product of process? - ✔✔20 years
What are the advantages of leasing to the buying organization? - ✔✔risk of
obsolescence can be minimized, equipment can be made available on a short-term basis,
maintenance problems can be reduced
The advantages of electronic catalogs include: - ✔✔A. marketing and sales costs are
sharply reduced, B. orders can be entered into fulfillment systems automatically, C.
invoicing and receivables costs are reduced through consolidation
The appropriate words that should be utilized in contracts to indicate statements of
obligation concernig things that the vendors has promised to do in the future is: A. will,
B. shall, C. obligated, D. should - ✔✔B shall
COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED 2
,The collection of court decisions regarding past court decision is: A. Common Law, B.
Legislative Law, C. Administrative Law, D. Contract Law - ✔✔A Common Law
The court of last resort is: - ✔✔Supreme Court
The first antitrust law that was adopted - ✔✔Sherman Antitrust Act
The following carriers are subject to regulation by the Interstate Commerce Commission
(ICC) -- DOT now -- EXCEPT: A. common carriers, B. contract carriers, C. private
carriers, D. standard carriers - ✔✔C private carriers
The following steps are used to determine contract award in the competetive sealed
proposal process EXCEPT: A. reviewing the end results expected from Scope of Work,
B. weighting values assigned to each part of the proposal, C. making all data available
to bidders and the public, D. examining the best value instead of the lowest price - ✔✔C
making all data available to bidders and the public
The implied warranty that the goods will meet certain industry standards is known as: -
✔✔warranty of merchantability
The law that basically states that some contracts need to be in writing is: - ✔✔Statute of
Frauds
The laws that governs public purchasing contracts for the sale of goods is: - ✔✔Uniform
Commercial Code
The objectives of the receiving and inspection process include the following EXCEPT: A.
to verify the items conform to the specifications, B. to determine if a product should be
stored in a warehouse system, C. to ensure the received items conform to contractual
requirements, D. to ensure the items arrive at the stated time - ✔✔B to determine if a
product should be stored in a warehouse system
COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED 3
, The procurement requirements for recipients of federal grants are contained within the:
- ✔✔OMB Circular A-102
The term that involves the question of whether the contractor can or will perform as he
has promised is: - ✔✔responsible
The UCC specifies acceptance of goods occur when the buyer: A. after a reasonable
opportunity to inspect the goods accepts or retains them, B. fails to make an effective
rejection, C. does any act inconsistent with the seller's ownership, D. all of the above -
✔✔D all of the above (after a reasonable opportunity to inspect the goods accepts or
retains them, B. fails to make an effective rejection, C. does any act inconsistent with the
seller's ownership)
The US Dept of Justice funded a project to develop uniform purchasing laws that
resulted in the development of the: - ✔✔Model Procurement Code
The warranty that warrants that there are no security interest or other liens on goods
other than those known to the buyer is: - ✔✔warranty of title
What are the components of the purchasing model? - ✔✔to buy at the right quality,
quantity, time, place, price, source, and service
What is a benefit of using Electronic Data Interchange (EDI)? - ✔✔enhanced inventory
control
What is a non-binding process where a neutral party tries to help the parties in contract
reach agreement? - ✔✔mediation
What is a responsive bidder? - ✔✔one that conforms with the requirements of
Invitation to Bid
What is the basic function of materials management? - ✔✔support organizational
operations of materials and services
COPYRIGHT © 2025 BY BRITTIE DONALD, ALL RIGHTS RESERVED 4
