CLC 011 Contracting EXAM 2026-2027 ||COMPLETE
TEST BANK QUESTIONS AND CORRECT DETAILED
ANSWERS\GRADED A+ | VERIFIED ANSWERS | JUST
RELEASED
Which THREE of the following statements are correct:
*The government commercial purchase card can be used for purchases
at or below the micro-purchase threshold.
*Price analysis is required for every procurement, regardless of it's dollar
value.
*at least three competitive quotes must be obtained for purchases at or
below the simplified acquisition threshold.
The terms purchase request and funding document are often used
interchangeably to refer to the requirements document passed from the
customer to the contracting office.
True
A non-developmental item is a supply or service regularly used in the
course of normal business operations for non-Governmental purposes, and
is typically
sold to the general public.
False
, The central idea of performance-based acquisition is that the contractor
should be instructed on specific techniques for how to accomplish
work for the
Government.
False
Market research has become less important in DoD contracting due to
the advantages of the Internet.
False
When compared to fixed-price contract types, cost-reimbursement
contracts shift much of the risk to the Government.
True
TEST BANK QUESTIONS AND CORRECT DETAILED
ANSWERS\GRADED A+ | VERIFIED ANSWERS | JUST
RELEASED
Which THREE of the following statements are correct:
*The government commercial purchase card can be used for purchases
at or below the micro-purchase threshold.
*Price analysis is required for every procurement, regardless of it's dollar
value.
*at least three competitive quotes must be obtained for purchases at or
below the simplified acquisition threshold.
The terms purchase request and funding document are often used
interchangeably to refer to the requirements document passed from the
customer to the contracting office.
True
A non-developmental item is a supply or service regularly used in the
course of normal business operations for non-Governmental purposes, and
is typically
sold to the general public.
False
, The central idea of performance-based acquisition is that the contractor
should be instructed on specific techniques for how to accomplish
work for the
Government.
False
Market research has become less important in DoD contracting due to
the advantages of the Internet.
False
When compared to fixed-price contract types, cost-reimbursement
contracts shift much of the risk to the Government.
True
