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2024 ACQ 101 MODULE 01 EXAM WITH CORRECT ANSWERS
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2024 ACQ 101 MODULE 01 EXAM WITH CORRECT ANSWERS
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2024 ACQ 101 MODULE 01 EXAMWITH CORRECT ANSWERS
Acquisition is a broad term that applies to more than just the purchase of an
item or service. - CORRECT-ANSWERSTrue
An added capability need is an example of what kind of risk? - CORRECT-
ANSWERSSchedule
An example of better buying power in practice would be limiting the number
of contractors that can bid on a contract to those that have provided low-
cost solutions to the DoD in the Past. - CORRECT-ANSWERSFalse
Use of new material or process is an example of what kind of risk? -
CORRECT-ANSWERSPerformance
Using a firm-fixed price contract is an example of which type of risk strategy?
- CORRECT-ANSWERSTransfer
Using multiple contractors or conducting multiple tests are example of which
type of risk strategy? - CORRECT-ANSWERSControl
Where in the system's life cycle should a Program Manager consider ESOH
requirements? - CORRECT-ANSWERSIn all phases of the system's life cycle
Which Decision Support System is calendar-driven process and offers the
basis for informed affordability assessment? - CORRECT-ANSWERSPlanning,
Programming, Budgeting, and Execution System (PPBE)
Which Decision Support System uses milestones to oversee and manage
acquisition programs? - CORRECT-ANSWERSDefense Acquisition System
Which of the following are areas of focus for Better Buying power? -
CORRECT-ANSWERSAffordable programs, Cost control throughout the
product life cycle, Improve the professionalism of the Total Acquisition
workforce
Which of the following are component of risk? - CORRECT-ANSWERSFuture
root cause, Probability, Consequence
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