Acquisitions plans policy - Study guides, Class notes & Summaries

ACQ 101 EXAM 2 CORRECTLY ANSWEREDB TEST QUESTIONS 2024. Acquisitions Plans Policy - correct answer Agencies shall perform acquisition planning and conduct market research for all acquisitions in order to promote and provide for: Acquisition of commercial or non nondevelopment items Full and open competition Selection of appropriate contract type Appropriate consideration of the use of pre-existing contracts When does Acquisition Planning begin? - correct answer Should begin as soon as ...

FITSP-M Exam Questions and Answers (Graded A) The Privacy Act of 1974 established policy objectives to protect... - Answer ️️ -Personally Identifiable Information (PII) Four Objectives: -Restrict Disclosure -Increased rights of access to agency records -Grant individuals the right to seek amendment -Establish a code of fair information practices The Paperwork Reduction Act of 1980 granted... - Answer ️️ -OMB responsibility for creating Policies, helping other agencies comply wit...

Angel investors wealthy individuals who provide start up funding for entrepreneurs; capital provided may be a one time investment or an ongoing supply of money to carry through the difficult early stages Bartering trading what you can do for what you need; exchange of goods or services for other goods or services without using money Board of directors Governing body of an incorporated firm. Its members are elected normally by the subscribers (stockholders) of the firm (generally at an annu...

Which of the following is NOT a reason to contract for Advisory and Assistance services? - Obtain work of a policy, decision-making, or managerial nature which is the direct responsibility of agency officials Which of the following contract types is prohibited by the Federal Acquisition Regulation for federal agencies and prime contractors? - cost-plus-a-percentage-of-cost The Contract Disputes statute covers - claims by a contractor against the Government. Performance-based contracts -...

What is the goal of affirmative action? - To seek to remedy past practices that innately caused an adverse effect on applicants A female employer is accused of having an employment practice that negatively impacts women. The employer responds that she has the same requirements for male and female applicants and wants to hire other women. Why is this case a potential demonstration of adverse impact? - Adverse impact is unintentional and relates to policies applied to all employees. Which...

Performance-base acquisition offers __________, which can be used to adjust payment to reflect the degree of performance success and to motivate superior performance incentives ___________ contracts are characterized by the employer-employee relationship it creates between the Government and the Contractor's personnel Personal Service When deciding how to measure and manage performance, the contracting officer (CO) should consider all of the following - selecting only a few mea...

CFCM Exam Review Questions and answers, rated A+/ VERIFIED/ Which of the following is NOT a reason to contract for Advisory and Assistance services? - -Obtain work of a policy, decision-making, or managerial nature which is the direct responsibility of agency officials Which of the following contract types is prohibited by the Federal Acquisition Regulation for federal agencies and prime contractors? - -cost-plus-a-percentage-of-cost The Contract Disputes statute covers - -claims by a...

With respect to proposal evaluations, solicitations for simplified acquisitions are: - ANSWER-not required to state the relative importance of each evaluation factor and subfactor. Performance-based acquisition offers __________, which can be used to adjust payment to reflect the degree of performance success and to motivate superior performance. - ANSWER-Incentives _______________ contracts are characterized by the employer-employee relationship it creates between the Government and t...

ACQ 101 EXAM 2 (2024) QUESTIONS WITH 100% CORRECT SOLUTIONS!!

Shareholder (Workplace) - An owner of shares in a company. A person who invests in a corporation by buying stock and is a partial owner. Stakeholder (Workplace) - Stakeholder is Everyone. Someone other than a stockholder or creditor who potentially has a claim on the cash flows of the firm. A person or organization with an interest in a particular place or issue. Strategy (Workplace) - A long term plan. Are long term, are things that are long term goals. Strategies Do Not change that m...