ANSWERS
The Materials Manager for the Utility department has to
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keep parts and materials in stock to maintain all 42 pump
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stations as well as all the infrastructure to keep the town
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citizens supplied with clean, pure, well water. This service
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has to be provided 24/7, and all essential maintenance,
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repair parts, and pumps must be readily available. These
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deep well pumps cost tens of thousands of dollars, but if
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they are maintained correctly, they can last over 10
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years. What should be done with a decommissioned
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pump?
A. Sell is as scrap metal
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B. Transfer it to another entity
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C. Sell it via an electronic auction
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D. Cannibalize it for parts - CORRECT ANSWERS ✔✔D.
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Cannibalize it for parts |\ |\ |\
There are about 20 negotiation tactics named in the
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literature and prep guides such as win/win and good
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cop/bad cop. Other than these two, name three others
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and what they mean. - CORRECT ANSWERS ✔✔Changing
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,of position - formulate the proposals in a different way,
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without changing the final result. |\ |\ |\ |\
Gathering information - Ask for information form the other|\ |\ |\ |\ |\ |\ |\ |\
party to clarify their position.
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Making the cake bigger - offer alternatives that may be
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agreeable to the other party, without changing the terms |\ |\ |\ |\ |\ |\ |\ |\
What can a procurement official learn from looking at an
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entity's strategic plan? |\ |\
A. How to allocate procurement resources
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B. How to respond to technology changes
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C. How to respond to political changes
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D. Guidance in handling a current crisis - CORRECT
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ANSWERS ✔✔A. How to allocate procurement resources |\ |\ |\ |\ |\ |\
During the planning stage of a procurement engagement,
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an entity client wanted to buy a mid range printer. They
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then decided that a printer/copier/scanner/fax might be
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better, but they aren't sure if it's worth the price. What
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tool can help make the determination?
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A. Value analysis
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B. Market survey
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C. Price analysis
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,D. Cost analysis - CORRECT ANSWERS ✔✔A. Value
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analysis
During the negotiation process, it may be necessary to:
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A. Hide your intentions from the other team.
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B. Rigidly adhere to specific details.
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C. Anticipate the other party's tactics and plan counter-
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tactics.
D. Conduct brainstorming sessions to develop team
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options. - CORRECT ANSWERS ✔✔C. Anticipate the other
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party's tactics and plan counter-tactics.
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The use of which cost-type contract is prohibited in most
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jurisdictions and by the Federal government? |\ |\ |\ |\ |\
A. Cost plus incentive fee
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B. Cost plus percentage of cost
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C. Cost without fee
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D. Cost sharing - CORRECT ANSWERS ✔✔B. Cost plus
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percentage of cost |\ |\
Which of the following types of contracts establishes a
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source of supply and pricing for specified items or
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services for a specified period?
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, A. Competitive price contract
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B. Fixed price contract
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C. Term contract
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D. Service contract - CORRECT ANSWERS ✔✔C. Term
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contract
Privity of contract deals with:
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A. The parties to a contract having the right to enforce it
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B. A party having the right to submit a bid
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C. A party having a right to reject an offer
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D. Any parties having the right to cancel a contract -
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CORRECT ANSWERS ✔✔A. The parties to a contract
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having the right to enforce it
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An agency is revising its document retention schedule.
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Where should the government entity look for guidance?
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A. The Federal Acquisition Requirements.
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B. Legal or statutory requirements.
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C. The Universal Commercial Code
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