, 1 of 50
Definition
A Govt agency with a centralized purchasing dept. has a threshold for
small purchases of $1000 and three quotes are required above that
figure. There has been a steady increase in the number of requisitions
along with recent complaints from internal customers about it taking
too long to buy what they need. Which of the following action is most
likely to have the biggest impact on reducing costs and saving time in
the long run?
Give this one a try later!
HIRING A NEW BUYER JUST TO A) THE FAILURE TO SIGN IS AN
HANDLE SMALL PURCHASES OBVIOUS OVERSIGHT
INSTITUTING A PURCHASING
REDUCING THE NUMBER
CARD PROGRAM
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2 of 50
Definition
In his haste to meet the bid closing date and the time the supplier
forgot to sign the supplier's bid signature document that accompanied
the solicitation. Under what circumstances can a buyer generally
accept the supplier's bid without a signature? A) The failure to sign is an
,obvious oversight, B) The bidder has demonstrated good performance
on previously awarded contracts, C) There was insufficient time for the
bidder to respond, D) The bidder is not on the "debarred" supplier list
Give this one a try later!
B) A CERTIFIED ENGINEER B) VALUE ENGINEERING
A) THE FAILURE TO SIGN IS AN
A) DELAY START OF THE PROJECT
OBVIOUS OVERSIGHT
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3 of 50
Definition
The purchasing officer of the governmental agency has expressed
serious concerns about the number of repetitive requisitions,
solicitations and POs that are being processed to purchase gasoline
for the organization. Every time a new order is placed, another
requisition is created and the prices paid by each dept. are not
consistent; sometimes more and sometimes less depending on
competition and timing. The buyer advises that the solution would be
to use what type of contract?
Give this one a try later!
, FIXED-PRICE WITH
Instituting A Purchasing Card
ESCALATION/DE-
Program
ESCALATION
C) Monitoring The Desired Outcomes
Firm Fixed-price
Defined In The Statement Of Work
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4 of 50
Definition
As part of the planning process the negotiation team should decide
the course of action that it will take if the current negotiations fail and
an agreement cannot be reached. What is this called? A) BATNA, B)
Lose/Lose, C) Spiraling agreements, D) Walk away point
Give this one a try later!
D) MARKET ANALYSIS D) STATISTICAL PROCESS CONTROL
A) BATNA D) FORMING
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5 of 50
Definition
A Govt agency with a centralized purchasing dept. has a threshold for
small purchases of $1000 and three quotes are required above that
figure. There has been a steady increase in the number of requisitions
along with recent complaints from internal customers about it taking
too long to buy what they need. Which of the following action is most
likely to have the biggest impact on reducing costs and saving time in
the long run?
Give this one a try later!
HIRING A NEW BUYER JUST TO A) THE FAILURE TO SIGN IS AN
HANDLE SMALL PURCHASES OBVIOUS OVERSIGHT
INSTITUTING A PURCHASING
REDUCING THE NUMBER
CARD PROGRAM
Don't know?
2 of 50
Definition
In his haste to meet the bid closing date and the time the supplier
forgot to sign the supplier's bid signature document that accompanied
the solicitation. Under what circumstances can a buyer generally
accept the supplier's bid without a signature? A) The failure to sign is an
,obvious oversight, B) The bidder has demonstrated good performance
on previously awarded contracts, C) There was insufficient time for the
bidder to respond, D) The bidder is not on the "debarred" supplier list
Give this one a try later!
B) A CERTIFIED ENGINEER B) VALUE ENGINEERING
A) THE FAILURE TO SIGN IS AN
A) DELAY START OF THE PROJECT
OBVIOUS OVERSIGHT
Don't know?
3 of 50
Definition
The purchasing officer of the governmental agency has expressed
serious concerns about the number of repetitive requisitions,
solicitations and POs that are being processed to purchase gasoline
for the organization. Every time a new order is placed, another
requisition is created and the prices paid by each dept. are not
consistent; sometimes more and sometimes less depending on
competition and timing. The buyer advises that the solution would be
to use what type of contract?
Give this one a try later!
, FIXED-PRICE WITH
Instituting A Purchasing Card
ESCALATION/DE-
Program
ESCALATION
C) Monitoring The Desired Outcomes
Firm Fixed-price
Defined In The Statement Of Work
Don't know?
4 of 50
Definition
As part of the planning process the negotiation team should decide
the course of action that it will take if the current negotiations fail and
an agreement cannot be reached. What is this called? A) BATNA, B)
Lose/Lose, C) Spiraling agreements, D) Walk away point
Give this one a try later!
D) MARKET ANALYSIS D) STATISTICAL PROCESS CONTROL
A) BATNA D) FORMING
Don't know?
5 of 50
