CON 1200V - Final Exam Questions With
Correct Answers
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
| | | | |
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
| | | | | |
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
| |
An acquisition team is developing the Acquisition Plan for a complex
| | | | | | | | | | |
requirement. The following are risks that could impact the acquisition schedule
| | | | | | | | | | |
EXCEPT:
Correct Answers
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
| | | | |
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
| | | | | |
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
| |
An acquisition team is developing the Acquisition Plan for a complex
| | | | | | | | | | |
requirement. The following are risks that could impact the acquisition schedule
| | | | | | | | | | |
EXCEPT:
