Defense Acquisition University CON 100 Exam 1 Summer 2023.

Defense Acquisition University CON 100 Exam 1. Your score is 80.00% (Retaken 100%) CORRECT What is the government definition of acquisition? a. Purchases, rents, or leases of services and equipment through either simpliÑed acquisition procedures or placement of orders against reestablished contractual instruments to support operational requirements. b. The act of acquiring. In DoD, covers the development, production, Ñelding, operating & maintaining, and Ñnally, disposal of a system. c. The process of acquiring goods and services: actually, procuring what is needed. It is only one function within the acquisition process and can be used at various points. d. A legal instrument for transferring money, property or services to the recipient in order to accomplish a public purpose of support or stimulation, where there will be no substantial involvement between the federal agency and the recipient during the process CORRECT Which of the following best describes how the business relationship between the government and the private sector has evolved over time? a. Regulations have always strictly enforced the power of the government over the contracting process. b. An adversarial relationship between the government and private sector began during World War II and continues to this day. c. An informal relationship between the government and private sector gradually became adversarial, but acquisition reform is establishing a more collaborative relationship. d. The private sector-controlled contracting until recently, when the government-initiated acquisition reform in an attempt to regulate the contracting process. What is the primary regulation used by all federal executive agencies in their acquisition of supplies and services with appropriated funds? a. Davis Bacon Act b. Service Labor Contract Standards c. Competition in Contracting Act d. Federal Acquisition Regulation CORRECT Which of the following is an example of a major system? a. A desktop computer system. b. An oÔce alarm system. c. A home theater system. d. A combatant naval vessel. What is the ultimate goal of the acquisition team? a. To provide the best value product or service to meet the customer's needs. b. To Ñnd a product or service that meets the customer's needs as quickly as possible. c. To provide the best product or service available. d. To provide the most inexpensive product or service to meet the customer's needs. Which team member possesses the authority to award contracts? a. Auditor b. COR d. Contracting OÔcer You are a Contractor. Which job description from below best describes your role? a. I have received a purchase request to modify the speciÑcations on the contract. b. I am the industry expert and provide the requested goods and services. c. I have been delegated authority to monitor contractor performance. d. My mission has been accelerated and I need delivery 60 days early. From the following description select the best team member that matches the following description: