IIA Exam IIA-CGAP Topic 1 Question 83 Discussion

Actual exam question for IIA's IIA-CGAP exam

Question #: 83
Topic #: 1

_______ can be defined as Bids shall be evaluated without discussions. Evaluations should be fairly apparent since price and price-related factors are the prevalent criteria. Where as________ can be defined as bidders must submit sealed bids to be opened at the time and place stated in the solicitation for the public opening of bids:

APublicizing the invitation for bids, Preparation of invitations for bids.

BEvaluation of bids, Submission of bids

CPreparation of invitations for bids, Submission of bids

DAll of the above.

Show Suggested Answer

Suggested Answer: B

by Eugene at Jul 12, 2024, 03:52 PM

Limited Time Offer

25%

Off

Get Premium IIA-CGAP Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Sharmaine

4 months ago

C. Definitely C. I mean, who doesn't love a good old-fashioned sealed bid? It's like a secret society of procurement professionals or something.

upvoted 0 times

Dorthy

2 months ago

Sealed bids definitely make the process more exciting and competitive.

upvoted 0 times

...

Cherry

3 months ago

I always feel like a detective when submitting sealed bids.

upvoted 0 times

...

Marylou

3 months ago

It's true, sealed bids ensure fairness and transparency in the evaluation.

upvoted 0 times

...

James

3 months ago

I agree, sealed bids add an element of mystery to the process.

upvoted 0 times

...

Joaquin

4 months ago

B. Evaluation of bids and Submission of bids. It's all about that sealed bid action, baby! Gotta keep those prices on the down-low, am I right?

upvoted 0 times

...

Mable

4 months ago

D. All of the above seems like the safest bet. Covering all the bases, you know? I don't want to overthink this one.

upvoted 0 times

Simona

3 months ago

Yeah, it's better to be safe than sorry when it comes to bids.

upvoted 0 times

...

Vi

3 months ago

Kenneth: Absolutely, it's important to follow all the steps to ensure a fair evaluation.

upvoted 0 times

...

Fairy

3 months ago

I agree, D covers everything we need to consider.

upvoted 0 times

...

Kenneth

4 months ago

Definitely, it's better to be safe than sorry when it comes to bidding.

upvoted 0 times

...

Marjory

4 months ago

I agree, choosing D covers all aspects of the bidding process.

upvoted 0 times

...

Toshia

4 months ago

I think the correct answer is C. The first part describes 'Preparation of invitations for bids' and the second part describes 'Submission of bids'. This makes the most sense to me.

upvoted 0 times