NAPCP - CPCP CERTIFICATION, CPCP EXAM | 431
QUESTIONS AND ANSWERS | 2026 UPDATE | WITH
COMPLETE SOLUTIONS
CPCP Answer - Certified Purchasing Card Professional
PCPCC Answer - Purchasing Card Professional Certification Council
grants CPCP designation
NAPCP Answer - National Association of Purchasing Card Professional
grants CPCP designation in conjunction with PCPCC
Have exclusive and sole property of CPCP credential initials
CPCP Code of Ethics Answer - 1. Maintain integrity of the CPCP exam
2. Comply with the law in all activities related to P-Card Program, Influence
workplace practices, & Report illegal behavior
3. Maintain ethical leadership by demonstrating promoting highest standards
of honesty, confidentiality, and integrity. Question practices & procedures
when necessary
,4. Build trust by avoiding conflicts of interest, unethical relationships, improper
actions and/or indiscreet communications
5. Manage confidential and Proprietary information with due care and proper
consideration for ethical, legal, and regulatory ramifications
6. Understand and Respect policies and regulations pf my employer and the
card provider organization
7. Develop and Maintain a professional level of competence and credibility
through continuing ed. and professional certification through the CPCP
program
8. Act as a mentor by contributing to the body of knowledge and growth of the
Purchasing Card profession
What would best prevent fraud in a P-Card Program Answer - Establishing a
system of checks and balances
What is the best first step in the development of a P-Card program? Answer -
Creating a business case
What is the main objective of the P-Card RFP process? Answer - To select a
provider objectively
The primary goal of a P-card program is to? Answer - Streamline the process
for acquiring low-cost goods
Reducing or eliminating cash funds through P-Card use results in? Answer - A
greater capture of transaction data
,What is a best practice concerning MCC restrictions? Answer - Utilize some
standard profiles based on card usage
The primary customers of merchant acquirers are? Answer - Suppliers of goods
and services
Who is a merchant acquirer? Answer - A bank or other contracted party that
processes supplier card transactions.
Enroll suppliers in the card acceptance process and implement equipment and
software solutions related to this purpose. They facilitate payment flow,
including payments to suppliers. They are the supplier's bank
What is another name for merchant? Answer - Supplier
What is a merchant discount fee? Answer - A fee paid by a supplier (merchant)
to a bank or other contracted party for services relate to the processing of the
merchant's card transactions
What are the two types of card payment systems? Answer - Four-Party
Payment System and Three-Party Payment System
What is a four-party payment system? Answer - merchant discount fee
includes interchange-a fee paid by a merchant acquirer to the issuing bank(card
issuer), plus additional clearing and settling fees. It compensates the issuer for
the time after settlement with the acquiring bank/merchant and before it
recoups the settlement value from the end-user. It is a source of revenue for
the issuers. Ex. Visa and Mastercard
, What is a three-party payment system? Answer - No interchange component
but the merchant still pays a merchant discount fee in conjunction with card
acceptance. Ex. traditional Am. Express Model
What are the steps in the traditional procure-to-pay process? Answer - 1.
Process a requisition
2. Process a Purchase Order
3. Process a Invoice
4. Process a Check for payment
What is the estimated process cost of the traditional process? Answer - $50 to
$200
Are the process cost the same for both low value and high value transactions
using a traditional procure-to-pay process? Answer - Yes
How do p-cards simplify the procure-to-pay process? Answer - 1. Streamlines
the process
2. Procure goods and services in a timely manner
3. Reduce transaction costs
4. Track expenses
5. Take advantage of Supplier Discounts
6. Reduce or Redirect Purchasing Staff and/or AP Staff
7. Reduce or Eliminate Petty Cash
How do p-cards benefit suppliers (merchants) Answer - 1. Cost reductions by
eliminating invoice creation, handling and mailing, depositing payments, and
collection activities
QUESTIONS AND ANSWERS | 2026 UPDATE | WITH
COMPLETE SOLUTIONS
CPCP Answer - Certified Purchasing Card Professional
PCPCC Answer - Purchasing Card Professional Certification Council
grants CPCP designation
NAPCP Answer - National Association of Purchasing Card Professional
grants CPCP designation in conjunction with PCPCC
Have exclusive and sole property of CPCP credential initials
CPCP Code of Ethics Answer - 1. Maintain integrity of the CPCP exam
2. Comply with the law in all activities related to P-Card Program, Influence
workplace practices, & Report illegal behavior
3. Maintain ethical leadership by demonstrating promoting highest standards
of honesty, confidentiality, and integrity. Question practices & procedures
when necessary
,4. Build trust by avoiding conflicts of interest, unethical relationships, improper
actions and/or indiscreet communications
5. Manage confidential and Proprietary information with due care and proper
consideration for ethical, legal, and regulatory ramifications
6. Understand and Respect policies and regulations pf my employer and the
card provider organization
7. Develop and Maintain a professional level of competence and credibility
through continuing ed. and professional certification through the CPCP
program
8. Act as a mentor by contributing to the body of knowledge and growth of the
Purchasing Card profession
What would best prevent fraud in a P-Card Program Answer - Establishing a
system of checks and balances
What is the best first step in the development of a P-Card program? Answer -
Creating a business case
What is the main objective of the P-Card RFP process? Answer - To select a
provider objectively
The primary goal of a P-card program is to? Answer - Streamline the process
for acquiring low-cost goods
Reducing or eliminating cash funds through P-Card use results in? Answer - A
greater capture of transaction data
,What is a best practice concerning MCC restrictions? Answer - Utilize some
standard profiles based on card usage
The primary customers of merchant acquirers are? Answer - Suppliers of goods
and services
Who is a merchant acquirer? Answer - A bank or other contracted party that
processes supplier card transactions.
Enroll suppliers in the card acceptance process and implement equipment and
software solutions related to this purpose. They facilitate payment flow,
including payments to suppliers. They are the supplier's bank
What is another name for merchant? Answer - Supplier
What is a merchant discount fee? Answer - A fee paid by a supplier (merchant)
to a bank or other contracted party for services relate to the processing of the
merchant's card transactions
What are the two types of card payment systems? Answer - Four-Party
Payment System and Three-Party Payment System
What is a four-party payment system? Answer - merchant discount fee
includes interchange-a fee paid by a merchant acquirer to the issuing bank(card
issuer), plus additional clearing and settling fees. It compensates the issuer for
the time after settlement with the acquiring bank/merchant and before it
recoups the settlement value from the end-user. It is a source of revenue for
the issuers. Ex. Visa and Mastercard
, What is a three-party payment system? Answer - No interchange component
but the merchant still pays a merchant discount fee in conjunction with card
acceptance. Ex. traditional Am. Express Model
What are the steps in the traditional procure-to-pay process? Answer - 1.
Process a requisition
2. Process a Purchase Order
3. Process a Invoice
4. Process a Check for payment
What is the estimated process cost of the traditional process? Answer - $50 to
$200
Are the process cost the same for both low value and high value transactions
using a traditional procure-to-pay process? Answer - Yes
How do p-cards simplify the procure-to-pay process? Answer - 1. Streamlines
the process
2. Procure goods and services in a timely manner
3. Reduce transaction costs
4. Track expenses
5. Take advantage of Supplier Discounts
6. Reduce or Redirect Purchasing Staff and/or AP Staff
7. Reduce or Eliminate Petty Cash
How do p-cards benefit suppliers (merchants) Answer - 1. Cost reductions by
eliminating invoice creation, handling and mailing, depositing payments, and
collection activities
