L3ABR6C031 CONTRACTING APPRENTICE BLOCK 2 NEWEST
EXAM ACTUAL 2025/2026 WITH COMPLETE QUESTIONS WITH
ANSWERS/ VERIFIED/GRADED A+/
☆7B-127.) According to the DPAP, what is strategic sourcing? -
----Answers----Strategic sourcing is the collaborative and
structured process of critically analyzing an organization's
spending and using this information to make business
decisions.
7B-127.) What is supply chain management? - ----Answers---
-Supply chain management is a system involving various
functions that come together for complex and large scale
acquisitions.
7B-127.) Name the common functions in the supply chain. - ---
-Answers----1.) Procurement
2.) logistics
3.) inventory control
4.) product life-cycle management
5.) demand management
,7B-127.) Strategic sourcing is focused on large, complex
acquisitions. What is operational contracting focused on? - ---
-Answers----Purchasing, and involves only the procurement
function.
7B-128.) How does strategic sourcing benefit contracting
professionals? - ----Answers----1.) It creates an
exponentially more efficient work environment.
2.) Strategic sourcing saves both tangible and intangible costs.
7B-128.) What is the difference between tangible and intangible
cost? - ----Answers----Tangible costs are realized when
buying in bulk, thereby reducing individual item price.
Intangible cost savings are captured alongside the benefit of
higher level efficiency. (Time saved is money saved)
☆7B-128.) How do category councils secure discounts? - ----
Answers----They provide a reliable source of vetted
companies to place bulk orders without going through the
entire procurement process.
☆7C-131.) Which FAR Part provides guidance on mandatory
sources? - ----Answers----FAR Part 8
7C-131.) FAR Part 8.002 outlines what? - ----Answers----
Mandatory sources and their priority for use. The mandatory
,sources are dependent on whether the requirement is for
supplies or services.
☆7A-125.) The entire MFT team shares a portion of
responsibility for using the results of market research to
determine what 4 things? - ----Answers----1.) If sources
capable of satisfying the agency's requirements exist.
2.) Commercial Item availability
3.) Customary Commercial Practices
4.) Small business set-asides
☆7A-123.) Which FAR Part dictates how the federal
government conducts market research? - ----Answers----
FAR Part 10, Market Research
☆7A-123.) What is "market research" IAW FAR Subpart 2.101? -
----Answers----Market research is "collecting and analyzing
information about capabilities within the market to satisfy
agency needs"
☆7A-123.) How shall market research be conducted according
to FAR Subpart 10.001? - ----Answers----1.) Appropriate to
the circumstances
2.)Before developing new requirements
, 3.) On an ongoing basis
4.) Over the SAT - before soliciting offers
5.) Below the SAT - before soliciting offers when adequate
information is not available and the circumstances justify the
cost
7A-124.) (True/False) "Tablet" is a sufficient enough description
to proceed with market research. - ----Answers----False.
Your "description of need" should include as much context as
possible to ensure that the government has an idea of what to
look for.
☆7A-124.) FAR Subpart 10.002(b)(1) explains that market
research will vary depending on _________________,
_________________, _________________, and _________________. - ---
-Answers----1.) urgency
2.) estimated dollar value
3.) complexity
4.) and past experiences
EXAM ACTUAL 2025/2026 WITH COMPLETE QUESTIONS WITH
ANSWERS/ VERIFIED/GRADED A+/
☆7B-127.) According to the DPAP, what is strategic sourcing? -
----Answers----Strategic sourcing is the collaborative and
structured process of critically analyzing an organization's
spending and using this information to make business
decisions.
7B-127.) What is supply chain management? - ----Answers---
-Supply chain management is a system involving various
functions that come together for complex and large scale
acquisitions.
7B-127.) Name the common functions in the supply chain. - ---
-Answers----1.) Procurement
2.) logistics
3.) inventory control
4.) product life-cycle management
5.) demand management
,7B-127.) Strategic sourcing is focused on large, complex
acquisitions. What is operational contracting focused on? - ---
-Answers----Purchasing, and involves only the procurement
function.
7B-128.) How does strategic sourcing benefit contracting
professionals? - ----Answers----1.) It creates an
exponentially more efficient work environment.
2.) Strategic sourcing saves both tangible and intangible costs.
7B-128.) What is the difference between tangible and intangible
cost? - ----Answers----Tangible costs are realized when
buying in bulk, thereby reducing individual item price.
Intangible cost savings are captured alongside the benefit of
higher level efficiency. (Time saved is money saved)
☆7B-128.) How do category councils secure discounts? - ----
Answers----They provide a reliable source of vetted
companies to place bulk orders without going through the
entire procurement process.
☆7C-131.) Which FAR Part provides guidance on mandatory
sources? - ----Answers----FAR Part 8
7C-131.) FAR Part 8.002 outlines what? - ----Answers----
Mandatory sources and their priority for use. The mandatory
,sources are dependent on whether the requirement is for
supplies or services.
☆7A-125.) The entire MFT team shares a portion of
responsibility for using the results of market research to
determine what 4 things? - ----Answers----1.) If sources
capable of satisfying the agency's requirements exist.
2.) Commercial Item availability
3.) Customary Commercial Practices
4.) Small business set-asides
☆7A-123.) Which FAR Part dictates how the federal
government conducts market research? - ----Answers----
FAR Part 10, Market Research
☆7A-123.) What is "market research" IAW FAR Subpart 2.101? -
----Answers----Market research is "collecting and analyzing
information about capabilities within the market to satisfy
agency needs"
☆7A-123.) How shall market research be conducted according
to FAR Subpart 10.001? - ----Answers----1.) Appropriate to
the circumstances
2.)Before developing new requirements
, 3.) On an ongoing basis
4.) Over the SAT - before soliciting offers
5.) Below the SAT - before soliciting offers when adequate
information is not available and the circumstances justify the
cost
7A-124.) (True/False) "Tablet" is a sufficient enough description
to proceed with market research. - ----Answers----False.
Your "description of need" should include as much context as
possible to ensure that the government has an idea of what to
look for.
☆7A-124.) FAR Subpart 10.002(b)(1) explains that market
research will vary depending on _________________,
_________________, _________________, and _________________. - ---
-Answers----1.) urgency
2.) estimated dollar value
3.) complexity
4.) and past experiences
