CON 1200V - Final Exam
Which of the following types of requirements documents state desired outcomes with associated standards for the services being acquired?
Design oriented document Guide Performance oriented document Standards - CORRECT ANSWER -Performance oriented document
What statement is true regarding product and service codes?
Product and services codes should be selected based on the main product or service being purchased Most task orders contain only one product or service Product and services codes do not need to be included in contract actions Product and service codes indicate why certain product, services, and research and development was purchased for each contract action - CORRECT ANSWER -Product and services codes should be selected based on the main product or service being purchased
When should acquisition planning begin?
When a Source Selection Authority has been identified When the requirement is received and accepted by the Contracting Officer When certified funds become available As soon as the agency need is identified - CORRECT ANSWER -As soon as the agency need is identified
According to FAR 7.105, a written acquisition plan has two main parts, which are:
Acquisition background and objectives, and plan of action Competition, and cost Performance period requirements, and source selection procedures Risks, and sources - CORRECT ANSWER -Acquisition background and objectives, and plan of action
Which of the following is not a factor to be considered in the determination of whether to lease or purchase equipment?
Net purchase price of equipment Cumulative rental payments for the estimated period of use Prior experience with contractors when leasing equipment 1 / 2
Estimated length of time equipment will be used - CORRECT ANSWER -Prior experience with contractors when leasing equipment
Which of following is not a reason for the government to provide Government Furnished Property (GFP)?
It is in the best interest of the government The benefit outweighs the increased cost of administration Government requirements cannot otherwise be met It results in decreased competition to enable more efficient source selection - CORRECT ANSWER -It results in decreased competition to enable more efficient source selection
Which of the following statements is correct regarding the government's policy for describing agency needs?
Market research should be used to limit competition to save procurement time.Restrictive provisions can only be used to the extent necessary to meet agency needs or as authorized by law Requirements should be defined in terms that encourage offerors to supply government-unique items Prime contractors should not be required to incorporate commercial products as components of the items being supplied to the agency - CORRECT ANSWER - Restrictive provisions can only be used to the extent necessary to meet agency needs or as authorized by law
An acquisition team is developing the Acquisition Plan for a complex requirement. The
following are risks that could impact the acquisition schedule EXCEPT:
Late deliveries Use of a Critical Path Method (CPM) schedule type Political pressure Changing requirements - CORRECT ANSWER -Use of a Critical Path Method (CPM) schedule type
When selecting a contract type, which of the following is true?
The objective is to select a contract type that will result in the lowest government risk The objective is to select a contract type that will result in the lowest contractor risk The objective is to select a contract type that will result in a reasonable contractor risk Contractor risk is not considered when selecting a contract type - CORRECT ANSWER - The objective is to select a contract type that will result in a reasonable contractor risk
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