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Examen

CPPB PREP GUIDE QUIZZES, CPPB EXAM QUESTIONS| 2025/2026 WITH COMPLETE SOLUTIONS

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CPPB PREP GUIDE QUIZZES, CPPB EXAM QUESTIONS| 2025/2026 WITH COMPLETE SOLUTIONS

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Escuela, estudio y materia

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Información del documento

Subido en
19 de marzo de 2025
Número de páginas
121
Escrito en
2024/2025
Tipo
Examen
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Preguntas y respuestas

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scrap


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consists of ferrous and no-ferrous metals as well as non-metallic scrap
such as wood, paper, plastic and other materials that do not meet
requirements and cannot be used

,market analysis


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researching product availability market volatility, supply and demand and
price




fidelity bond


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insurance against losses due to dishonesty of an employee




A buyer ordered books from a contracted supplier, which would be used by students
when school begins in two months. The following Monday, she received confirmation
from the contractor confirming that the books have been received by the shipping
company; however on Tuesday, she is notified that the delivery is currently delayed
because the shipping company is experiencing a strike by its drivers. What would be
the buyer's best response to this situation? A. demand the contractor ship more books
with a different carrier in order to meet the delivery parameters set forth in the
contractual agreement B. declare this delay unforeseeable and allow the contractor a
reasonable amount of additional time for delivery C. declare this delay as grounds for
default and issue a cure letter to the contractor D. refer to tort law and procedures in
her jurisdiction


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, declare this delay unforeseeable and allow the contractor a reasonable
amount of additional time for delivery




schedule contract


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consolidates agency requirements by pre-establishing a bid opening date
and require bid submittals by a certain time




proposal risk


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describes the item of service purchased through legal documents and
scopes




pity me


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this tactic is designed to rely on the sense of fair play and make it hard to
walk away




When all mandatory requirements of a bid are met, what is the value of competitive
quotes and competitive sealed bids? A. drives a decision based on price B. provides

, evaluation guidelines on which to base the award C. provides a reliable indicator of a
robust supplier market D. it has no value


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drives a decision based on price




performance audits


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reviews all governmental operations and includes all of the other types of
audits




express language rule


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specifies that when there is a list of words which is followed by a general
description of a category, then the contract applies only to the items in the
list




speculation and supply and demand


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