CON 237 QUIZ| 71 QUESTIONS| WITH COMPLETE SOLUTIONS

1) What required source has priority for services? correct answer: Services which are on the Procurement List maintained by the Committee for Purchase From People Who Are Blind or Severely Disabled. 2) The contracting officer can terminate a commercial purchase order for cause correct answer: All choices are correct. 3) When no other exceptions apply, is a Government Point of Entry (GPE) synopsis required for purchases estimated to exceed $25,000 but not to exceed the simplified acquisition threshold? correct answer: Yes 4) Which type of item is LEAST preferred for satisfying Government requirements? correct answer: Developmental item 5) Acquisitions for supplies and services exceeding $3,500, but not exceeding $150,000, are automatically reserved exclusively for small business concerns unless the contracting officer correct answer: Determines that they will be unable to obtain two or more offers from small businesses that are competitive in terms of market price, quality, and delivery 6) You have a request to buy 30 units of commercially available machining equipment. Each unit will cost approximately $300,000 correct answer: SAP cannot be used. 7) Which method of purchase is most appropriate for requirements exceeding the micro-purchase threshold? correct answer: Electronic Commerce 8) The Director of Training for the installation has a request to purchase 25 televisions and 25 DVD recorders for the new training facility that will open next month. Each television will cost approximately $525, and each DVD recorder about $300. correct answer: SAP can be used. 9) There is a requirement to purchase recreational equipment for base playgrounds. Market research has determined that there is a large variety of play equipment available to the general public from many manufacturers. This type of item is a: correct answer: Commercial item 10) What is the public announcement requirement for micro-purchases? correct answer: No formal announcement is required. 11) Which of the following are acceptable techniques for conducting market research? correct answer: All techniques listed are acceptable. 12) You have been requested to procure custodial services for your installation. Your market research has indicated that: - A Nonprofit Agency Employing People Who Are Blind or Severely Disabled can provide the custodial services for $95,000. - Federal Pr