Procurement > EXAMs > CPPO Exam Prep Guide | 90 Questions with 100% Correct Answers | Updated & Verified (All)

CPPO Exam Prep Guide | 90 Questions with 100% Correct Answers | Updated & Verified

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Sole source, single source and emergency procurements are examples of: A. The best ways of procuring goods and services. B. Non-competitive methods of procuring goods and services. C. Unauthorized ... procurement methods. D. Procurement methods of questionable value. - ANS - B. Non-competitive methods of procuring goods and services. In preparing to write a specification or scope of work, we may want to consider one of two methods of gathering facts or details from potential vendors. We can invite several of them to come to our agency and make a presentation or we can cast a wider net with this technique A. Request for qualifications B. Request for proposals C. Request for information D. Request for exemption - ANS - C. Request for information This seller pricing strategy, in which prices are defined by the range of products offered, is known as: A. Market-oriented B. Cost-based C. Market-based D. Value-based - ANS - A. Market-oriented The common law rule that prevents extrinsic evidence of past agreements or terms from being considered when interpreting an existing contract is known as the _____________ A. Parole Evidence Rule B. Parol Evidence Rule C. Petrol Evidence Rule [Show More]

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