DAU CLM 059 Fundamentals Of Small Business
For The Acquisition Workforce Exam Questions
And Answers Latest Update
As a Small Business Professional, you maintain awareness of overall market
developments that relate to the products and services your agency typically
acquires and continuously update a local database of potential small
businesses. What type of market is this? ANS✔✔ -NOT- Forecasting
-NOT- Tactical
Which market research method is used to advertise that the Government is
looking to locate potential small business sources for an agency identified
requirement? ANS✔✔ Sources Sought Notice announcement
Go to the Census Bureau North American Industry Classification System
(NAICS) page...NAICS code for Translation Services. ANS✔✔ 541930
Which member of the acquisition team is responsible for forming the
acquisition team and leading the team through the Presolicitation phase for
an acquisition? ANS✔✔ Program Manager
What tasks might a Contracting Officer Representative (COR) perform
during the Post Award phase of acquisition? ANS✔✔ NOT Participating in
source selection
, Solution 2024/2025
Pepper
Which system would you use to review a prime contractor's current or past
performance on contracts for source selection purposes? ANS✔✔ Past
Performance Information Retrieval System (PPIRS)
How do small businesses support the Office of Small Business Programs
(OSBP) in meeting its strategic Department of Defense (DoD) initiatives?
ANS✔✔ By being efficient
&
By being innovative
A large business tells you that they have heard they can get a 5% rebate for
subcontracts to certain types of businesses. What program are they
referring? ANS✔✔ Indian Incentive Program (IPP)
What can the results of market research help the acquisition team do?
ANS✔✔ NOT Determine which offeror is the best
What should an effective Small Business Professional demonstrate in
fulfilling their role as a trusted business advisor? ANS✔✔ NOT Lack of
understanding of the business environment - both large and small
businesses
When an Interim Rule is issued, what effect does it have on an acquisition?
ANS✔✔ It has the force and effect of a FAR requirement and must be
followed as written
&
When applicable, the Interim Rule impacts the acquisition immediately
beginning with the effective date listed in the Federal Register Notice
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