ACQ 202 Module 3 Exam, Part 1 Questions And Answers( Complete Solution Rated A)
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Course
ACQ
Institution
ACQ
Module 3 Exam, Part I (contains 30 questions) Clarifications Negotiations Solicitations Communications Communication Discussion Clarification Negotiation Lead Systems Engi neer Contracting Officer Deputy Program Manager Program Manager Fact finding Soliciting Bargaining Negotiating True False Retur...
part 1 questions and answers complete solution rated a
the army receives proposals from eight different companies in response to a request for proposal rfp the contracting
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Module 3 Exam, Part I (contains 30 questions)
1.) The Army receives proposals from eight different companies in response to a Request
for Proposal (RFP). The Contracting Officer has identified the most highly rated
proposals, determined the competitive range, and wants to get the offerers’ best and
final proposals. What type of information exchange would the Contracting Officer use
to get the information needed to allow the offerers to revise their proposals?
Clarifications
Negotiations
Solicitations
Communications
2.) What form of information exchange would a Contracting Officer use to reach
agreement with an offeror over the terms of a contract?
Communication
Discussion
Clarification
Negotiation
3.) During source selection, a contractor calls you with a question about the Request for
Proposal (RFP). To whom should you refer this inquiry?
Lead Systems Engineer
Contracting Officer
Deputy Program Manager
, Program Manager
4.) The portion of the source selection process where the Government seeks to gain a
complete understanding of the proposal and identify specific areas of concern is
referred to as .
Fact finding
Soliciting
Bargaining
Negotiating
5.) In Government contracting, one criterion for cost allowability is that the contractor’ s
costs must comply with Generally Accepted Accounting Principles (GAAP) and
Government Cost Accounting Standards (CAS).
True
False
6.) In accordance with DoD acquisition policy and guidance, every program should
consider, at a minimum, , human systems integration,
reliability, availability, and maintainability.
Return on assets
Open systems architecture
Return on investment
Profit margin
7.) In the process of conducting design [Apply the systems [Remediation
engineering process to
considerations, a program’ s systems determine a design
Accessed:
engineers are deciding from among solution to meet an Y]
Components A, B, and C. All three operational need that
components meet performance demonstrates the
,
, requirements. Component C has the
highest initial cost; however, due to its
superior reliability, it is projected to lead
balancing of Affordability
to lower life cycle costs than Components
and Should Cost and
A and B in the long run, and this will help technical activities.]
meet the program’ s affordability goals.
This is adequate justification for the team
to select Component C.
True
False
8.) A decision matrix is a useful tool when applying the tradeoff study process to analyze
alternatives.
True
False
9.) In our decision matrix, Option 1 receives a ’ 3’ for speed and a ’ 1’ for cost, and Option 2
receives a ’ 2’ for speed and a ’ 2’ for cost. The speed criterion has been assigned a weight
of 0.2 and the cost criterion has been assigned a weight of 0.6. In accordance with the
decision matrix approach, which of the following statements is true?
Option 1 is better than Option 2 because its total weighted score is lower.
Option 1 and Option 2 each score a total of 1.4; therefore, either choice is fine.
Option 1 is better than Option 2 because its total weighted score is higher.
Option 2 is better than Option 1 because its total weighted score is higher.
10.) The presents the total revenues and expenses of a company for a given
period.
Income Statement
Balance Sheet
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