CON 100 EXAM 3 Defense Acquisition University

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1) As a DoD contract specialist, you receive a Purchase Request (PR) to procure medical supplies for a very critical and urgent contingency requirement. The customer requires the items in less than... 24 hours. The PR is fully funded for additional quantities. The medicine has strict standards that have to be met by companies with a proven history. Which of the following areas of risk is the least important in your acquisition strategy? Cost Performance Schedule Past Performance 2) Which of the following is NOT a business practice typically used by the government and in the private sector marketplace to procure customer requirements? Creating more streamlined payments Distributing goods/services just-in time Processing transaction electronic Developing short term relationships 3) According to FAR Part 8 and DFARS Part 208, which of the following is NOT a required source, special item category? Document printing, automation and production There is less competition Enterprise software agreements Helium Leasing motor vehicles 4) When a corporation weighs its return on investment for mig_10095893 1 mig_10095829 1 mig_10095817 1initiating a new project against the minimum standard investment return it has set before it will undertake the endeavor, this event is called a/an ________________________. Hurdle rate Return on sales Return on assets Interest rate 5) When the government and contractor work together with a WinWin-Win (Win3) attitude based on trust and respect, the team is better positioned to achieve their objectives while also considering the stewardship of the taxpayer's contribution. True False 6) According to the DoD Contracting Competency Model, which one of the following is a “technical competency” identifed for the contracting workforce series? Establishing technical credibility Being decisive Protests? Using interpersonal skills 7) Which of the following did NOT precipitate the need for the Defense Acquisition Workforce Improvement Act (DAWIA)? Spare parts scandals Schedule delays Budget delays Cost overruns 8) As a DoD contract specialist, you are ready to publicize your solicitation for a Purchase Request (PR) for approximately $55,000 worth of commercially available tools. What is the correct publicizing action for this PR? There is no requirement to publicize. Post at applicable Government Point of Entry (GPE). Post in public place or solicit orally. There are more proven suppliers. 9) The Individual Development Plan (IDP) is used to assist you in all of the following EXCEPT for? Maintaining and enhancing skills by participating in continuous learning activities. Making progress toward completing certifcation requirements. Engaging in on-the-job projects and similar activities to integrate learning experiences with work assignments appropriate for your position. Finalizing your assignments to the maximum level of your career progression 10) According to FAR 1.102, the strategy for Federal acquisition personnel is to be responsible for making acquisition decisions that deliver the “best value” product or service to the customer by ___________ achieving no risk in regards to schedule, performance, and cost. balancing the deliverable’s timeliness, performance, and cost-effectiveness. balancing the deliverable’s risk, past performance, and cost-history. achieving the lowest cost while balancing the deliverable’s risk with performance. [Show More]

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