QPA Exam Review questions with verified answers
Ans✓✓✓ What are general requirements of Chief Financial Officer (CFO)?
Ans✓✓✓ What are the 6 reasons to reject the bid?
Ans✓✓✓ What are the mandatory items of a bid?
Ans✓✓✓ What is encumberance of funds?
Ans✓✓✓ What is green purchasing?
$17,500.00 Ans✓✓✓ Threshold that triggers pay to play compliance is
$44000 Ans✓✓✓ State the current maximum threshold governing body of
contracting unit with an appointed QPA can establish
1) Bid proposals, 2) Requisition, 3) Purchase order, 4) Receiving report, 4) Voucher
Ans✓✓✓ What are the basic purchasing forms?
12 Ans✓✓✓ Professional services may be awarded for a period not exceeding
_________ consecutive months
24 Ans✓✓✓ Contracts for goods and services can be awarded up to _____
consectuive months
, 40A:11-1 et seq (short title citation) Ans✓✓✓ What is the Local Public Contracts
Law?
60 Ans✓✓✓ Advertisements for solid waste bids are published for __________
days before bid opening?
60 Ans✓✓✓ After bids are opened a contracting unit shall award the contrat or
reject all bids within such time as may be specified in the invitation to bid, but in
no case more than ___________ days
A Blending of views of the two judges. Ans✓✓✓ What is Home Rule?
A charge placed against the appropriation at the time when obligation is incurred.
Ans✓✓✓ Encumbrance of Funds?
A lease-purchasing financing agreement is basically a lease-purchasing
arrangement between a lessor and a lessee with financing provided by an outside
non-contractual third party purchase goods involed in the transaction. Ans✓✓✓
What is a lease purchase agreement?
A specification is a concise set of requirements to be satisfied by a product,
material, or a process indicating whenever appropriate, the procedure by means
of which it may be determined whether the requirements are given or satisfied.
Ans✓✓✓ What is a specification?
ADR is Alternate Dispute Resolution. The two most common forms of ADR is
mediation and arbitration. Ans✓✓✓ What is ADR is what is two most commonly
used forms of ADR?
Ans✓✓✓ What are general requirements of Chief Financial Officer (CFO)?
Ans✓✓✓ What are the 6 reasons to reject the bid?
Ans✓✓✓ What are the mandatory items of a bid?
Ans✓✓✓ What is encumberance of funds?
Ans✓✓✓ What is green purchasing?
$17,500.00 Ans✓✓✓ Threshold that triggers pay to play compliance is
$44000 Ans✓✓✓ State the current maximum threshold governing body of
contracting unit with an appointed QPA can establish
1) Bid proposals, 2) Requisition, 3) Purchase order, 4) Receiving report, 4) Voucher
Ans✓✓✓ What are the basic purchasing forms?
12 Ans✓✓✓ Professional services may be awarded for a period not exceeding
_________ consecutive months
24 Ans✓✓✓ Contracts for goods and services can be awarded up to _____
consectuive months
, 40A:11-1 et seq (short title citation) Ans✓✓✓ What is the Local Public Contracts
Law?
60 Ans✓✓✓ Advertisements for solid waste bids are published for __________
days before bid opening?
60 Ans✓✓✓ After bids are opened a contracting unit shall award the contrat or
reject all bids within such time as may be specified in the invitation to bid, but in
no case more than ___________ days
A Blending of views of the two judges. Ans✓✓✓ What is Home Rule?
A charge placed against the appropriation at the time when obligation is incurred.
Ans✓✓✓ Encumbrance of Funds?
A lease-purchasing financing agreement is basically a lease-purchasing
arrangement between a lessor and a lessee with financing provided by an outside
non-contractual third party purchase goods involed in the transaction. Ans✓✓✓
What is a lease purchase agreement?
A specification is a concise set of requirements to be satisfied by a product,
material, or a process indicating whenever appropriate, the procedure by means
of which it may be determined whether the requirements are given or satisfied.
Ans✓✓✓ What is a specification?
ADR is Alternate Dispute Resolution. The two most common forms of ADR is
mediation and arbitration. Ans✓✓✓ What is ADR is what is two most commonly
used forms of ADR?
