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CON 1200V – Unit 4: Acquisition Planning | Questions and Answers (A+ Graded, Updated 2025/2026)

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This document contains the complete CON 1200V Unit 4: Acquisition Planning exam and study questions with A+ graded, verified answers. It covers all key acquisition planning concepts including requirements definition, market research, risk management, acquisition strategies, and contract types. Updated for the 2025/2026 academic year, this guide is ideal for students and professionals in federal contracting or acquisition training programs seeking to master planning procedures and regulatory compliance.

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CON 1200V - UNIT 4: ACQUISITION PLANNING QUESTIONS
AND ANSWERS A+ GRADED

Is the act of planning, and is required in every acquisition.
Acquisition planning.
Is a physical document and does not have to be completed in every acquisition.
Acquisition Plan
When should acquisition planning begin?
As soon as the agency need is identified, preferably well in advance of the fiscal year in
which contract award or order placement is necessary.
Whether you need a written Acquisition Plan will depend various factors such as:
* contract type
* what you are purchasing
* estimated contract value
[True or False]: Once complete, the Acquisition Plan will serve its purpose of
creating a business case, thereby helping to reduce risk and improving the
likelihood of a successful acquisition.
True
[True or False]: Conducting adequate Acquisition Planning helps us achieve the
guiding principles of market research.
False, it helps achieve the guiding principles of the Federal Acquisition Regulation
System. FAR 1.102.
Which one of the following is NOT a goal of acquisition planning?
a. Satisfy the customer.
b. Minimize administrative operating costs.
c. Avoid sharing information to potential offerors.
d. Fulfill public policy objectives.
c. Avoid sharing information to potential offerors.
FAR 7.102.
Your customer needs to purchase a small commercial product that can be
acquired from a GSA schedule. You should be able to have something on
contract within 30 days. Describe the amount of acquisition planning that will be
required for this procurement.
a. You will need to conduct extensive acquisition planning.
b. You will need to form an acquisition planning team right away.
c. This is a simple buy so the acquisition planning should be relatively simple.
d. You don't need to worry about doing any acquisition planning.
c. This is a simple buy so the acquisition planning should be relatively simple.
FAR 7.102(a).
What are the two sections of an acquisition plan?
1) Acquisition Background and Objectives, consists of eight parts.
2) Plan of Action, consists of 22 parts.
Means a solicitation for a single contract, a multiple-award contract, a task order,
or a delivery order to satisfy-

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