CPPB Final Exam Review – Questions With
Applicable Solutions
The Materials Manager for the Utility department has to keep parts
and materials in stock to maintain all 42 pump stations as well as all
the infrastructure to keep the town citizens supplied with clean,
pure, well water. This service has to be provided 24/7, and all
essential maintenance, repair parts, and pumps must be readily
available. These deep well pumps cost tens of thousands of dollars,
but if they are maintained correctly, they can last over 10 years.
What should be done with a decommissioned pump?
A. Sell is as scrap metal
B. Transfer it to another entity
C. Sell it via an electronic auction
D. Cannibalize it for parts Correct Answer - D. Cannibalize it
for parts
There are about 20 negotiation tactics named in the literature and
prep guides such as win/win and good cop/bad cop. Other than
these two, name three others and what they mean. Correct
Answer - Changing of position - formulate the proposals in a
different way, without changing the final result.
Gathering information - Ask for information form the other party to
clarify their position.
Making the cake bigger - offer alternatives that may be agreeable to
the other party, without changing the terms
What can a procurement official learn from looking at an entity's
strategic plan?
A. How to allocate procurement resources
B. How to respond to technology changes
,C. How to respond to political changes
D. Guidance in handling a current crisis Correct Answer - A.
How to allocate procurement resources
During the planning stage of a procurement engagement, an entity
client wanted to buy a mid range printer. They then decided that a
printer/copier/scanner/fax might be better, but they aren't sure if
it's worth the price. What tool can help make the determination?
A. Value analysis
B. Market survey
C. Price analysis
D. Cost analysis Correct Answer - A. Value analysis
During the negotiation process, it may be necessary to:
A. Hide your intentions from the other team.
B. Rigidly adhere to specific details.
C. Anticipate the other party's tactics and plan counter-tactics.
D. Conduct brainstorming sessions to develop team options.
Correct Answer - C. Anticipate the other party's tactics and plan
counter-tactics.
The use of which cost-type contract is prohibited in most
jurisdictions and by the Federal government?
A. Cost plus incentive fee
B. Cost plus percentage of cost
C. Cost without fee
D. Cost sharing Correct Answer - B. Cost plus percentage of
cost
,Which of the following types of contracts establishes a source of
supply and pricing for specified items or services for a specified
period?
A. Competitive price contract
B. Fixed price contract
C. Term contract
D. Service contract Correct Answer - C. Term contract
Privity of contract deals with:
A. The parties to a contract having the right to enforce it
B. A party having the right to submit a bid
C. A party having a right to reject an offer
D. Any parties having the right to cancel a contract Correct Answer
- A. The parties to a contract having the right to enforce it
An agency is revising its document retention schedule. Where
should the government entity look for guidance?
A. The Federal Acquisition Requirements.
B. Legal or statutory requirements.
C. The Universal Commercial Code
D. Common Law Correct Answer - B. Legal or statutory
requirements.
In public contracting, competency refers to:
A. Persons representing the vendor.
B. Persons of any age entering into a contract.
C. Only procurement officials.
D. Persons mentally capable and of the age as allowed by law.
Correct Answer - D. Persons mentally capable and of the age as
allowed by law.
, Five (5) days after posting a Notice of Intent to Award, a protest is
received from another responder who states that his proposal is the
best value for the agency. The protester provides comprehensive,
detailed information to support his position and requests that the
intended award be set aside. What should be your first step in
handling the protest?
A. Withdraw the Notice of Intent to Award until the protest is
resolved
B. Confirm that the protest was received within the timeline for
filing
C. Allow the protester to clarify his/her best value proposal
D. Convene the evaluation committee to reconsider the
recommendation of award Correct Answer - B. Confirm that
the protest was received within the timeline for filing
The Statute of Frauds is a 1677 device passed by the English
Parliament and carried down to us by common law and the actions
of state legislatures that:
A. Prevents the validity of any oral contract.
B. Requires that all bid submittals be witnessed by a notary public.
C. Mandates the posting of bonds against the fraudulent actions of a
vendor.
D. Requires certain promises and agreements to be evidenced in
writing. Correct Answer - D. Requires certain promises and
agreements to be evidenced in writing.
The three types of competition found in the market place are:
A. Inexact, impure and monastic
B. Exact, pure and monopoly
C. Exact, pure and monotheistic
Applicable Solutions
The Materials Manager for the Utility department has to keep parts
and materials in stock to maintain all 42 pump stations as well as all
the infrastructure to keep the town citizens supplied with clean,
pure, well water. This service has to be provided 24/7, and all
essential maintenance, repair parts, and pumps must be readily
available. These deep well pumps cost tens of thousands of dollars,
but if they are maintained correctly, they can last over 10 years.
What should be done with a decommissioned pump?
A. Sell is as scrap metal
B. Transfer it to another entity
C. Sell it via an electronic auction
D. Cannibalize it for parts Correct Answer - D. Cannibalize it
for parts
There are about 20 negotiation tactics named in the literature and
prep guides such as win/win and good cop/bad cop. Other than
these two, name three others and what they mean. Correct
Answer - Changing of position - formulate the proposals in a
different way, without changing the final result.
Gathering information - Ask for information form the other party to
clarify their position.
Making the cake bigger - offer alternatives that may be agreeable to
the other party, without changing the terms
What can a procurement official learn from looking at an entity's
strategic plan?
A. How to allocate procurement resources
B. How to respond to technology changes
,C. How to respond to political changes
D. Guidance in handling a current crisis Correct Answer - A.
How to allocate procurement resources
During the planning stage of a procurement engagement, an entity
client wanted to buy a mid range printer. They then decided that a
printer/copier/scanner/fax might be better, but they aren't sure if
it's worth the price. What tool can help make the determination?
A. Value analysis
B. Market survey
C. Price analysis
D. Cost analysis Correct Answer - A. Value analysis
During the negotiation process, it may be necessary to:
A. Hide your intentions from the other team.
B. Rigidly adhere to specific details.
C. Anticipate the other party's tactics and plan counter-tactics.
D. Conduct brainstorming sessions to develop team options.
Correct Answer - C. Anticipate the other party's tactics and plan
counter-tactics.
The use of which cost-type contract is prohibited in most
jurisdictions and by the Federal government?
A. Cost plus incentive fee
B. Cost plus percentage of cost
C. Cost without fee
D. Cost sharing Correct Answer - B. Cost plus percentage of
cost
,Which of the following types of contracts establishes a source of
supply and pricing for specified items or services for a specified
period?
A. Competitive price contract
B. Fixed price contract
C. Term contract
D. Service contract Correct Answer - C. Term contract
Privity of contract deals with:
A. The parties to a contract having the right to enforce it
B. A party having the right to submit a bid
C. A party having a right to reject an offer
D. Any parties having the right to cancel a contract Correct Answer
- A. The parties to a contract having the right to enforce it
An agency is revising its document retention schedule. Where
should the government entity look for guidance?
A. The Federal Acquisition Requirements.
B. Legal or statutory requirements.
C. The Universal Commercial Code
D. Common Law Correct Answer - B. Legal or statutory
requirements.
In public contracting, competency refers to:
A. Persons representing the vendor.
B. Persons of any age entering into a contract.
C. Only procurement officials.
D. Persons mentally capable and of the age as allowed by law.
Correct Answer - D. Persons mentally capable and of the age as
allowed by law.
, Five (5) days after posting a Notice of Intent to Award, a protest is
received from another responder who states that his proposal is the
best value for the agency. The protester provides comprehensive,
detailed information to support his position and requests that the
intended award be set aside. What should be your first step in
handling the protest?
A. Withdraw the Notice of Intent to Award until the protest is
resolved
B. Confirm that the protest was received within the timeline for
filing
C. Allow the protester to clarify his/her best value proposal
D. Convene the evaluation committee to reconsider the
recommendation of award Correct Answer - B. Confirm that
the protest was received within the timeline for filing
The Statute of Frauds is a 1677 device passed by the English
Parliament and carried down to us by common law and the actions
of state legislatures that:
A. Prevents the validity of any oral contract.
B. Requires that all bid submittals be witnessed by a notary public.
C. Mandates the posting of bonds against the fraudulent actions of a
vendor.
D. Requires certain promises and agreements to be evidenced in
writing. Correct Answer - D. Requires certain promises and
agreements to be evidenced in writing.
The three types of competition found in the market place are:
A. Inexact, impure and monastic
B. Exact, pure and monopoly
C. Exact, pure and monotheistic
