Certified Public Procurement Officer (CPPO) Practice Test 2025 - Free CPPO Practice Questions and Study Guide

Question: 1 / 400

Which methods are recognized for disposing of surplus agency property?

Trade-in and auction

The methods recognized for disposing of surplus agency property typically include trade-in and auction. Trade-ins involve exchanging surplus property for a discount or credit towards new purchases, effectively allowing the agency to offset costs while ensuring that the surplus items are removed from inventory. Auctions are a common method for selling surplus property to the highest bidder, providing a transparent and competitive way to maximize the return on surplus assets.

This approach not only facilitates the proper disposal and management of surplus property but also aligns with accountability and financial stewardship principles within procurement practices. Engaging in trade-ins and auctions can help agencies recoup some value from items that are no longer needed while ensuring compliance with relevant regulations and policies regarding surplus property management.

Other options, while they may represent alternative ways to handle surplus property, do not encompass the primary methods generally recognized in procurement processes. For instance, donation and repurposing, while beneficial in certain contexts, may not always align with fiscal responsibility or regulatory requirements. Similarly, scrap and selling on the open market and methods like storage and advertisement may not constitute the most effective or recognized methods for organized disposal processes in a procurement context.

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Donation and repurpose

Scrap and sell on the open market

Storage and advertisement

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