EXAM WITH CORRECT SOLUTIONS.

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CPPB PREP

EXAM WITH CORRECT 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?

• Sell is as scrap metal
• Transfer it to another entity
• Sell it via an electronic auction
• 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. 1 / 4

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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?

• How to allocate procurement resources
• How to respond to technology changes
• How to respond to political changes
• 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?

• Value analysis
• Market survey
• Price analysis
• Cost analysis - correct answer- A. Value analysis

During the negotiation process, it may be necessary to: 2 / 4

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• Hide your intentions from the other team.
• Rigidly adhere to specific details.
• Anticipate the other party's tactics and plan counter-tactics.
• 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?

• Cost plus incentive fee
• Cost plus percentage of cost
• Cost without fee
• 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?

• Competitive price contract
• Fixed price contract
• Term contract
• Service contract - correct answer- C. Term contract 3 / 4

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Privity of contract deals with:

• The parties to a contract having the right to enforce it
• A party having the right to submit a bid
• A party having a right to reject an offer
• 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?

• The Federal Acquisition Requirements.
• Legal or statutory requirements.
• The Universal Commercial Code
• Common Law - correct answer- B. Legal or statutory

requirements.

In public contracting, competency refers to:

• Persons representing the vendor.
• Persons of any age entering into a contract.
• Only procurement officials.
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