Certified Professional Public Buyer (CPPB) Practice Test

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Which factors does the rational budget decision model analyze?

Cost-benefit analysis, market trends, and stakeholder input
Inter sector efficiency, inter program efficiency, intra program efficiency
Budget constraints, resource allocation, and program effectiveness
Operational risk, supplier reliability, and pricing strategy

The correct answer is: Inter sector efficiency, inter program efficiency, intra program efficiency

The rational budget decision model primarily focuses on evaluating efficiency within various sectors and programs. This model analyzes three key aspects of efficiency: - Inter-sector efficiency examines how resources are utilized across different sectors, ensuring that funds are allocated where they can achieve the greatest impact and efficiency. - Inter-program efficiency looks at the effectiveness of resource allocation between various programs within a sector, assessing how well these programs utilize funds to deliver intended outcomes. - Intra-program efficiency evaluates the efficiency of resource use within a single program, focusing on how effectively a program uses its resources to achieve its objectives. By concentrating on these aspects, the rational budget decision model helps decision-makers ensure optimal resource allocation and improve overall financial outcomes in public procurement and budgeting processes.