SCMG 202 Module 3 Exam, Part I
1) In Government contracting, one criterion for cost allowability is that the
contractor's costs must comply with Government Cost Accounting Standards
(CAS) and _________________.
10144414 1
ISO 9001 Principles
Lean Manufacturing Principles
Generally Accepted Accounting Principles (GAAP)
Cost as an Independent Variable (CAIV) Principles
2) Who is responsible for formally representing the Government during
contract negotiations?
10144380 1
Program Manager
Source Selection Authority
Contracting Officer
Source Selection Evaluation Board
3) During source selection, a contractor calls you with a question about the
Request for Proposal (RFP). To whom should you refer this inquiry?
10144400 1
Deputy Program Manager
Program Manager
Contracting Officer
Lead Systems Engineer
, 4) For a cost in a contract to be considered allowable, it must meet certain
criteria. One of the criteria that must be met is that
______________________.
10144402 1
The cost must be exempt from compliance with the Federal Acquisition Regulations
The cost must exceed what a prudent business person would incur The cost
must be reasonable
The cost need not be in compliance with industry accounting standards
5) The Navy gets some negative past performance information from the
Marine Corps about a defense contractor who was late in delivering items on a
contract last year. This contractor's proposal was one of five received in
response to the Navy's Request for Proposal. The Contracting Officer plans on
holding discussions with each of the offerors in the competitive range, once
that range is established next week. What form of information exchange would
the Navy use to find out more about the contractor's late deliveries?
10144377 1
Communications
Clarifications
Solicitations
Negotiations
6) The _________ presents the total revenues and expenses of a
company for a given period.
10144382 1
Income Statement
Balance Sheet
Statement of Retained Earnings
1) In Government contracting, one criterion for cost allowability is that the
contractor's costs must comply with Government Cost Accounting Standards
(CAS) and _________________.
10144414 1
ISO 9001 Principles
Lean Manufacturing Principles
Generally Accepted Accounting Principles (GAAP)
Cost as an Independent Variable (CAIV) Principles
2) Who is responsible for formally representing the Government during
contract negotiations?
10144380 1
Program Manager
Source Selection Authority
Contracting Officer
Source Selection Evaluation Board
3) During source selection, a contractor calls you with a question about the
Request for Proposal (RFP). To whom should you refer this inquiry?
10144400 1
Deputy Program Manager
Program Manager
Contracting Officer
Lead Systems Engineer
, 4) For a cost in a contract to be considered allowable, it must meet certain
criteria. One of the criteria that must be met is that
______________________.
10144402 1
The cost must be exempt from compliance with the Federal Acquisition Regulations
The cost must exceed what a prudent business person would incur The cost
must be reasonable
The cost need not be in compliance with industry accounting standards
5) The Navy gets some negative past performance information from the
Marine Corps about a defense contractor who was late in delivering items on a
contract last year. This contractor's proposal was one of five received in
response to the Navy's Request for Proposal. The Contracting Officer plans on
holding discussions with each of the offerors in the competitive range, once
that range is established next week. What form of information exchange would
the Navy use to find out more about the contractor's late deliveries?
10144377 1
Communications
Clarifications
Solicitations
Negotiations
6) The _________ presents the total revenues and expenses of a
company for a given period.
10144382 1
Income Statement
Balance Sheet
Statement of Retained Earnings
