QUESTIONS WITH ANSWERS GRADED A+
>> 1. What institute worked to facilitate the growing trend of Government
agencies' use of voluntary consensus standards created by the private sector as an
alternative to agency developed standards? (pg.1-2)
a. COTCO
b. OMB Circular A-119
c. NIST
d. ANSI
Answer: d. ANSI
>> 2. To be classified as a voluntary consensus standard, the standard must be
developed within what? (pg.1-2)
a. criteria and process
b. timeframe
c. specifications
d. practice and methods
Answer: a. criteria and process
>> 3. When the Work Item (draft standard) has been completed, the individual or
Task Group will send it to __________. (pg.1-4)
a. COTCO
b. ASTM
c. E-53 Chairperson
d. ANSI
Answer: b. ASTM
>> 4. OMB Circular A119 states that voluntary consensus standard bodies are
"domestic or international organizations which develop, establish, coordinate,
and __________ using agreed-upon procedures." (pg.1-2)
, a. Process
b. Openness
c. Plan
d. Encompass
Answer: c. Plan
>> Having a standard to reference during a review or audit will provide a strong
foundation to ensure what? (pg.1-5)
a. compliance
b. evidence
c. traceability
d. completed procedures
Answer: a. compliance
>> What is the Requirements Determination process of identifying and justifying
property? (pg. 2-1)
a. job levels and expenditures
b. expenditures ratios and misappropriations
c. supply and demand
d. future property acquisitions and providing the necessary funds
Answer: d. future property acquisitions and providing the necessary funds
>> When the asset base exceeds __________ in value, even small reductions in
the cost of acquiring and holding property can have a greater impact than larger
gains in productivity. (pg. 2-2)
a. budget allocations
b. annual payroll
c. capital assets
d. balance sheet
Answer: b. annual payroll
>> What process must take into account current and future commitments to
provide equipment and facilities to support current contract obligations and