MGT 401 EXAM QUESTIONS WITH
COMPLETE SOLUTIONS
The Defense Acquisition Management System (DAMS) process for major
| | | | | | | | |
acquisition programs begins with identification through the "DOTMLPF" Analysis
| | | | | | | | |
of a capability need requiring a __________. - CORRECT ANSWER✔✔-Materiel
| | | | | | | | | |
Solution
Three "legislative controls" placed on appropriations by Congress that are related
| | | | | | | | | | |
to funding are: - CORRECT ANSWER✔✔-Purpose, Time, Amount
| | | | | | |
The branch of government with Constitutional authority for "legislative controls"
| | | | | | | | | |
on funding is the ____________ branch. - CORRECT ANSWER✔✔-Legislative
| | | | | | | |
A Warranted Contracting Officer's authority is specifically set forth in writing. This
| | | | | | | | | | |
authority is referred to as ___________ authority. - CORRECT ANSWER✔✔-
| | | | | | | | | |
Express
Cost-reimbursement contract can be used for commercial items? - CORRECT | | | | | | | | | |
ANSWER✔✔-False
When is an indefinite-delivery contract appropriate? - CORRECT ANSWER✔✔-
| | | | | | | |
When the exact times and/or quantities of future deliveries are not known at
| | | | | | | | | | | | |
time of award | |
,Cost-reimbursement contract can be used for commercial items? - CORRECT | | | | | | | | | |
ANSWER✔✔-False
When is an indefinite-delivery contract appropriate? - CORRECT ANSWER✔✔-
| | | | | | | |
When the exact times and/or quantities of future deliveries are not known at
| | | | | | | | | | | | |
time of award | |
As Federal Funding Mechanisms, Contracts, Grants, Agreements, and Other
| | | | | | | | |
Transaction Authorities (OTAs) have this one purpose in common. - CORRECT
| | | | | | | | | | |
ANSWER✔✔-Fund Research, Development, Test & Evaluation (RDT&E) efforts| | | | | | |
Firm Fixed Price (FFP) contracts place maximum risk on the Government for cost
| | | | | | | | | | | | |
control. - CORRECT ANSWER✔✔-false
| | |
This Government Representative is appointed by the Contracting Officer to serve
| | | | | | | | | | |
as a technical liaison between the Government and Contractor. - CORRECT
| | | | | | | | | | |
ANSWER✔✔-Contracting Officer Representative (COR) | | |
Federal Agencies must specify their needs in such a manner as to: - CORRECT
| | | | | | | | | | | | | |
ANSWER✔✔-Promote full and open competition | | | |
This a unilateral right in a contract, for a specific period of time, where the
| | | | | | | | | | | | | | |
Government may elect to purchase additional supplies or services called for by
| | | | | | | | | | | |
the contract, or extend the period of performance. - CORRECT ANSWER✔✔-
| | | | | | | | | |
Option
, What is a multiple year contract? - CORRECT ANSWER✔✔-Contract having a term
| | | | | | | | | | |
of more than 1 year regardless of fiscal year funding (think contract with a base
| | | | | | | | | | | | | | | |
year & options)
| |
The Defense Acquisition Management System (DAMS) process for major
| | | | | | | | |
acquisition programs begins with identification through the "DOTMLPF" Analysis
| | | | | | | | |
of a capability need requiring a - CORRECT ANSWER✔✔-Materiel Solution
| | | | | | | | |
Techniques for conducting market research include: - CORRECT ANSWER✔✔-All
| | | | | | | | |
of these techniques are appropriate as necessary to support the acquisition
| | | | | | | | | |
Consolidating two or more requirements for supplies or services, previously
| | | | | | | | | |
provided or performed under separate smaller contracts, into a soliciation for a
| | | | | | | | | | | |
single contract is defined as: - CORRECT ANSWER✔✔-Bundling
| | | | | | |
Market Research is only required for very large, complex acquisitions. - CORRECT
| | | | | | | | | | | |
ANSWER✔✔-False
This statute provides a "price preference" (6-50 percent) for "domestic end
| | | | | | | | | | |
products." - CORRECT ANSWER✔✔-Buy American Act
| | | | |
This law prohibits using appropriated funds to purchase any item/article on
| | | | | | | | | | |
restricted list from a non-qualifying country for such items as specialty metals for
| | | | | | | | | | | | |
aircraft, missile, space systems, ships, tanks,auto items, weapons, and ammo. -
| | | | | | | | | | |
CORRECT ANSWER✔✔-Berry Amendment | |
COMPLETE SOLUTIONS
The Defense Acquisition Management System (DAMS) process for major
| | | | | | | | |
acquisition programs begins with identification through the "DOTMLPF" Analysis
| | | | | | | | |
of a capability need requiring a __________. - CORRECT ANSWER✔✔-Materiel
| | | | | | | | | |
Solution
Three "legislative controls" placed on appropriations by Congress that are related
| | | | | | | | | | |
to funding are: - CORRECT ANSWER✔✔-Purpose, Time, Amount
| | | | | | |
The branch of government with Constitutional authority for "legislative controls"
| | | | | | | | | |
on funding is the ____________ branch. - CORRECT ANSWER✔✔-Legislative
| | | | | | | |
A Warranted Contracting Officer's authority is specifically set forth in writing. This
| | | | | | | | | | |
authority is referred to as ___________ authority. - CORRECT ANSWER✔✔-
| | | | | | | | | |
Express
Cost-reimbursement contract can be used for commercial items? - CORRECT | | | | | | | | | |
ANSWER✔✔-False
When is an indefinite-delivery contract appropriate? - CORRECT ANSWER✔✔-
| | | | | | | |
When the exact times and/or quantities of future deliveries are not known at
| | | | | | | | | | | | |
time of award | |
,Cost-reimbursement contract can be used for commercial items? - CORRECT | | | | | | | | | |
ANSWER✔✔-False
When is an indefinite-delivery contract appropriate? - CORRECT ANSWER✔✔-
| | | | | | | |
When the exact times and/or quantities of future deliveries are not known at
| | | | | | | | | | | | |
time of award | |
As Federal Funding Mechanisms, Contracts, Grants, Agreements, and Other
| | | | | | | | |
Transaction Authorities (OTAs) have this one purpose in common. - CORRECT
| | | | | | | | | | |
ANSWER✔✔-Fund Research, Development, Test & Evaluation (RDT&E) efforts| | | | | | |
Firm Fixed Price (FFP) contracts place maximum risk on the Government for cost
| | | | | | | | | | | | |
control. - CORRECT ANSWER✔✔-false
| | |
This Government Representative is appointed by the Contracting Officer to serve
| | | | | | | | | | |
as a technical liaison between the Government and Contractor. - CORRECT
| | | | | | | | | | |
ANSWER✔✔-Contracting Officer Representative (COR) | | |
Federal Agencies must specify their needs in such a manner as to: - CORRECT
| | | | | | | | | | | | | |
ANSWER✔✔-Promote full and open competition | | | |
This a unilateral right in a contract, for a specific period of time, where the
| | | | | | | | | | | | | | |
Government may elect to purchase additional supplies or services called for by
| | | | | | | | | | | |
the contract, or extend the period of performance. - CORRECT ANSWER✔✔-
| | | | | | | | | |
Option
, What is a multiple year contract? - CORRECT ANSWER✔✔-Contract having a term
| | | | | | | | | | |
of more than 1 year regardless of fiscal year funding (think contract with a base
| | | | | | | | | | | | | | | |
year & options)
| |
The Defense Acquisition Management System (DAMS) process for major
| | | | | | | | |
acquisition programs begins with identification through the "DOTMLPF" Analysis
| | | | | | | | |
of a capability need requiring a - CORRECT ANSWER✔✔-Materiel Solution
| | | | | | | | |
Techniques for conducting market research include: - CORRECT ANSWER✔✔-All
| | | | | | | | |
of these techniques are appropriate as necessary to support the acquisition
| | | | | | | | | |
Consolidating two or more requirements for supplies or services, previously
| | | | | | | | | |
provided or performed under separate smaller contracts, into a soliciation for a
| | | | | | | | | | | |
single contract is defined as: - CORRECT ANSWER✔✔-Bundling
| | | | | | |
Market Research is only required for very large, complex acquisitions. - CORRECT
| | | | | | | | | | | |
ANSWER✔✔-False
This statute provides a "price preference" (6-50 percent) for "domestic end
| | | | | | | | | | |
products." - CORRECT ANSWER✔✔-Buy American Act
| | | | |
This law prohibits using appropriated funds to purchase any item/article on
| | | | | | | | | | |
restricted list from a non-qualifying country for such items as specialty metals for
| | | | | | | | | | | | |
aircraft, missile, space systems, ships, tanks,auto items, weapons, and ammo. -
| | | | | | | | | | |
CORRECT ANSWER✔✔-Berry Amendment | |
