CLM 059 Fundamentals of Small Business for the Acquisition Workforce Exam with Answers | 2022 LATEST UPDATE

CLM 059 Fundamentals of Small Business for the Acquisition Workforce Exam with Answers CLM 059 Fundamentals of Small Business for the Acquisition Workforce Exam with Answers Pass: 1. You have been contacted by a small business, and you want to verify they are registered to do business with the Federal Government. What system should you use? Contractor Performance Assessment Reports System (CPARS) Past Performance Information Retrieval System (PPIRS) Federal Procurement Data System Next Generation (FPDS-NG) System for Award Management (SAM) 2. Which of the following can affect acquisition regulations and policies that influence small business? Select three that apply. Legislation Inspector General (KG) Recommendations Court Decisions Modification 3. Access Federal Acquisition Regulation (FAR) Part 19.402 and use it to answer the following question. (HTTP: the role of the Small Business Administration (SBA) Procurement Center Representative (PCR) in an acquisition? Select two that apply. Impose penalties on a contracting activity if they do not meet mandated small business participation goals. Conduct periodic reviews of the contracting activity to which assigned to ascertain whether is complying with the small business policies in the Federal Acquisition Regulation (FAR). Require the contracting activity to award a contract to a specific small business. Review proposed acquisitions to recommend set-aside or other strategies that will increase small business utilization. 4. What tasks might a contracting Officer Representative (COR) perform during the Post Award phase of an acquisition? Select three that apply. Receiving, inspecting and accepting deliverables Participating in source selection Reviewing and approving invoices Documenting performance 5. Which of the following attributes should a Small Business Professional possess in order to be effective? Aggressive Timid Demanding Ethical 6. In competitive DoD acquisitions greater than $100M, who is responsible for appointing the Source Selection Authority (SSA)? Program Manager Source Selection Advisor Council (SSAC) Agency head Contracting Officer 7. Which market research method is used to advertise that the Government is looking to locate potential small business sources for an agency identified requirement? Request for Proposal Sources Sought Notice announcement This study source was downloaded by from CourseH on :39:33 GMT -06:00 CLM 059 Fundamentals of Small Business for the Acquisition Workforce Exam with Answers Search Government databases for similar procurements Ask the Contracting Officer for suggestions. 8. Legislation that impacts regulations and policy are generated by whom? Small Business Administration (SBA) Office of Management and Budget (OMB) Federal Acquisition Regulation (FAR) Council Congress 9. What can the results of market research help the acquisition team do? Select three that apply. Identify industry capabilities Determine which offeror is the best Define requirements Determine if a set-aside is feasible 10. As a Small Business Professional, you maintain awareness of overall market developments that relate to the products and services your agency typically acquires and continuously update a local database of potential small businesses. What type of market research is this? Tactical Forecasting Strategic Socioeconomic 11. Open the Small Business Administration (SBA) Small Business Size Standards table PDF at the following link: %20Standards_Effective%20Aug%2019%2C%_R. Find the size standard for North American Industry Classification System (NAICS) code , Janitorial Services. $8.0 million $19.5 million $12.0 million $22.0 million 12. What was the Small Business Administration (SBA) created to do? Select three that apply. Maintain and strengthen the overall economy of our nation Provide oversight on the Department of Defense (DoD) administered smaill business programs Preserve free competitive enterprise Aid, counsel, assist and protect the interests of small business concerns 13. Which team member services as his or her agency's principal advisor and advocate for meeting mission requirements using small businesses to the maximum extent possible? Small Business Professional Program Manager Small Business Administration (SBA) Procurement Center Representative Contracting Officer 14. Who provides policy and oversight for the Department of Defense (DoD) Small Business Programs through the operation of Component Small Business Program offices across Department of Defense (DoD)? The Military Departments and Other Defense Agencies Small Business Program offices The Small Business Administration (SBA) The Undersecretary of Defense (OUSD) for Acquisition, Technology, and Logistics (AT&L) The department of Defense (DoD) Office of Small Business Programs (OSBP). 15. What must the acquisition team do to determine that consolidation of contract requirements in excess of $2 million is necessary and justified? This study source was downloaded by from CourseH on :39:33 GMT -06:00 CLM 059 Fundamentals of Small Business for the Acquisition Workforce Exam with Answers Perform an analysis and demonstrate that the advantages of the proposed consolidation? substantially exceed? those of each alternative strategy. The Program Manager and the contracting Officer must agree that consolidation is in the best interest of the Government. Perform a business case analysis and submit the results to the Small Business Administration (SBA) for authorization to consolidate contract requirements. Get permission from the customer and the DoD Office of Small Business Programs (OSBP). 16. A large business tells you that they have heard they can get a %% rebate for subcontracts to certain types of businesses. What program are they referring? 8(a) Program Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) Programs Indian Incentive Program (IPP) Mentor-Protege Program (MPP) 17. Which of these resources would you check to find out about proposed regulatory changes? Select two that apply Department of Defense Instruction (DoDI) 5000.02 Code of Federal Regulations (CFR) Federal Register Defense Procurement and Acquisition Policy (DPAP) Policy Vault Updates 18. You have an upcoming acquisition for landscaping services and you have discovered a 10- employee landscaping company that is located near a military installation in a rural community with high unemployment. The owner of the company is a Native American woman. She is not a veteran. She has never done business with the Department of Defense (DoD) before and is seeking advice. Which of the following small business programs might apply for this small business concern? Select three that apply. Service-Disabled Veteran-Owned Small Business (SDVOSB) Women-Owned Small Businesses (WOSB) Historically Underutilized Business Zones (HUBZone) 8(a) (18 Results) View: All Questions Correct Questions Incorrect Questions ID Question Correct 53034 Which of the following is responsible for aiding, assisting, and protecting the interests of small businesses in Government procurements? Correct 53044 Who provides policy and oversight for the Department of Defense (DoD) Small Business Programs through the operation of Component Small Business Program offices across Department of Defense (DoD)? Correct 15787 0 What should an effective Small Business Professional demonstrate in fulfilling their role as a trusted business advisor? (Select three that apply) Incorrec t 58682 Which of the following items, when put together, form a legal framework that dictate the steps of the contracting process for acquisitions? Select three that apply. Incorrec t 58697 Access Federal Acquisition Regulation (FAR) Part 19.402 and use it to answer the following question. ( Procurement Center Representative (PCR) in an acquisition? Select two that apply. Correct This study source was downloaded by from CourseH on :39:33 GMT -06:00 CLM 059 Fundamentals of Small Business for the Acquisition Workforce Exam with Answers ID Question Correct 58717 Which of these resources would you check to find out about proposed regulatory changes? Correct 58727 You have been contacted by a small business and you want to verify that they are registered to do business with the Federal Government. What system should you use? Correct 58742 What was the Small Business Administration (SBA) created to do? Select three that apply. Correct 64141 Market research for a road construction acquisition has identified two firms that are small disadvantaged businesses and participants in a business development program. Which socioeconomic program category are they in? Correct 64156 Which of the following are considered unique program requirements and authorities for small business programs? Select three that apply. Correct 64166 A small disadvantaged business has the potential to fulfill a Department of Defense (DoD) requirement for IT services, but it needs to achieve ISO 9000 certification to be competitive. Which of the following programs would you recommend to the small disadvantaged business that could be most beneficial in assisting them with the certification process? Correct 64186 You have just been notified of an upcoming procurement and market research should be accomplished. Which of the followin