Exam (elaborations)
2024 ACQ 101 MODULE 01 EXAM WITH CORRECT ANSWERS
- Course
- Institution
2024 ACQ 101 MODULE 01 EXAM WITH CORRECT ANSWERS
[Show more]
Content preview
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
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 Elitaa. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79373 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now