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?