100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
ACQ 202 / ACQ202 Module 3 Exam, Part 1 CA$23.00   Add to cart
Quickly navigate to
Preview
  2.  
  3. Defense Acquisition University
  4.  
  5. ACQ 202/ACQ202

Exam (elaborations)

ACQ 202 / ACQ202 Module 3 Exam, Part 1
 0 view  0 purchase
  • Course
  • ACQ 202/ACQ202
  • Institution
  • Defense Acquisition University

Module 3 Exam, Part I (contains 30 questions) Here is your test result.The dots represent the choices you have made. The highlighted questions are the questions you have missed. Remediation Accessed shows whether you accessed those links.'N' represents links not visited and 'Y' represents visit...

[Show more]

Preview 4 out of 33  pages

Document information

  • April 26, 2022
  • 33
  • 2021/2022
  • Exam (elaborations)
  • Questions & answers

Subjects

  • part 1
  • acq 202 acq202 module 3 exam

Written for

  • Defense Acquisition University
  • ACQ 202/ACQ202
All documents for this subject (4)

Seller

avatar-seller
Marilyn77

Reviews received

Content preview

Module 3 Exam, Part I (contains 30 questions)
Here is your test result.The dots represent the choices you have made.
The highlighted questions are the questions you have missed.
Remediation Accessed shows whether you accessed those links.'N' represents links not visited and 'Y'
represents visited links.

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
to lower life cycle costs than Components balancing of Affordability
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

, Statement of Retained Earnings

Statement of Cash Flows



11.) Engineering expenses attributable solely to a contract are an example of _________.

General and administrative (G&A) costs

Direct labor costs

Soft money costs

Indirect labor costs



12.) For a contract cost to be considered "allowable," it must meet certain criteria. If the
cost does not exceed what a business person would be willing to pay in a competitive
environment, which one of the following criteria is met?

Reasonable

Allocable

Consistent with Cost Accounting Standards

Consistent with the terms of the contract



13.) A strategy that adopts interface standards that are defined by and widely used
throughout industry to facilitate the update of components with new technology is
__________.

Open systems

Software-embedded systems

Automated Information Systems

Non-developmental items



14.) Modeling and simulation can enhance the Systems Engineering process by:

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Marilyn77. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$23.00. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

81113 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
CA$23.00
  • (0)
  Add to cart