CPPB PRACTICE TEST Accurate 100%(RATED A+)

Legal and statutory requirements - ANSWER An agency is revising its document retention schedule. To what should the governmental entity look for guidance? Cooperative Contract - ANSWER An agency is looking into cooperative purchasing practices. After conducting some analysis, the agency would like to "piggyback" its purchases with other agencies that are participating in cooperative purchasing. When using a "piggyback" method, what would the arrangement be called? Instituting a purchase card program - ANSWER A governmental agency has a threshold for small purchases of $1000 and three quotes are required above that figure. There has been a steady increase int he number of field purchase orders, along with recent complaints from internal customers about it taking too long to buy what they need. Which of the following actions is most likely to have the biggest impact on reducing costs and saving time in the long run? a procurement profile - ANSWER Can be used to determine the impact of the expenditure patterns within a supply market Operating Fund/Capital Fund - ANSWER A governmental agency processed a purchase requisition for the purchase of direct-read water meters. Which fund should a purchasing agent check to confirm that the money was available for this purchase? Notify the upper management and recommend a meeting with the group's leader to discuss their concerns - ANSWER The governmental agency has recently acquired a piece of property on which an old hotel of no notable historical significance sits. The city manager wants to perform construction on the site. A local preservation group, however, has made some overtures that they will oppose the governmental agency's plan to demolish the hotel. The city manger has asked the purchasing department to handle the preservation group's concerns. How should the department proceed? Establishing a combination of centralized and decentralized operations - ANSWER In today's economic and political environments, what is the MOST effective structure for governmental purchasing agencies. Remind the requester of the code restrictions on fragmenting orders - ANSWER A governmental agency has a non-competition threshold that says any purchase below $5,000 does not require competition. Over a three month period a requesting user has asked a 3 separate occasions to directly purchase without competition, products needed by the agency. On each occasion the value of the purchase was approximately $4,50