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Procurement T/F

True or False Public Procurement

QuestionAnswer
The ABA Model Procurement Code is a commodity coding system that allows agencies to manage their vendor data base better. False Introduction to Public Procurement page 70
There are significant differences between private and public procurement. True Introduction to Public Procurement page 14-15
Public procurement is intended to obtain the right goods, in the right quantity, at the right time, to the right place and from the right source. True Introduction to Public Procurement page 46
States purchasing agencies generally have a more decentralized environment with the central purchasing agency playing more of a policy, oversight and coordination role. True Introduction to Public Procurement page 36
State and local governments under the federal system have a lower level of autonomy. False Introduction to Public Procurement page 49
One of the Acquisition Regulatory Councils is the Federal Acquisition Regulatory Council; also known as the FAR. False Introduction to Public Procurement page 48
The three types of competition: pure, imperfect, monopoly. True Introduction to Public Procurement page 60-61
Within the framework of social policy, public procurement can never balance the value of an open, competitive environment with the value of social policies. False Introduction to Public Procurement page 69
Primary sources of legislation in any governmental jurisdiction are legislative law, administrative law and common law. True Introduction to Public Procurement page 85-86
The Uniform Commercial Code (UCC) governs contracts for goods and services. False Introduction to Public Procurement page 81
The four sources of public procurement laws are the constitution, or ordinances, statutes, administrative law and common law. False Introduction to Public Procurement page 83-84
The Uniform Commercial Code plays an essential part in the daily tasks of the purchasing official; therefore it is imperative that the public purchaser is familiar with the basic UCC requirements True Introduction to Public Procurement page 81-82
The "Law of Agency" allows each agency to establish its own procurement laws. False Introduction to Public Procurement page 53
There can be no good procurement budget without a plan and there can be no procurement without a budget to fund it. True Introduction to Public Procurement page 110
A solid buying plan consists of an analysis of demand, market, and supplier. True Introduction to Public Procurement page 117
Design Specifications are always the preferred type of specification because they maximize competition. False Introduction to Public Procurement page 128
The evaluation of responses to a RFP should always be based on price and never on specifications. False Introduction to Public Procurement page 132
The purchasing cycle ends with the payment for the goods or service. False Introduction to Public Procurement page 147
Prompt payment is a key factor in maintaining good relations with the supplier community. True Introduction to Public Procurement page 158
Purchasing manuals typically include regulations, policies and procedures. True Introduction to Public Procurement page 166
Even though using an overall approach to the purchase of goods and services, purchasing should never provide knowledge for operational decisions. False Introduction to Public Procurement page 172
Most codes of ethics are based on impartiality, honesty, and loyalty to the public good. True Introduction to Public Procurement page 180
The procurement professional should work the best deal while attempting to shield the public from the facts. False Introduction to Public Procurement page 185-186
The current move towards longer-term relationships with suppliers may be perceived as a reduction in competition True Introduction to Public Procurement page 219
International trade is fast becoming a part of even local procurement environments. True Introduction to Public Procurement page 221
Created by: slslavely
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