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ACQ 1010 Module 1 comprehensive Questions and Answers with 100% Correct Answers | Latest Version

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ACQ 1010 Module 1 comprehensive Questions and Answers with 100% Correct Answers | Latest Version

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ACQ 1010 Module 1 comprehensive Questions and
Answers with 100% Correct Answers | Latest Version
Question 1.
System Acquisition Management
Correct Answer: is the process used to acquire quality products which must satisfy
the needs of operational users, provide measureable improvements in mission
capabilities, and acquired in a timely manner at a fair and reasonable cost.

Question 2.
Acquisition Laws
Correct Answer: Title 10 of the United States Code governs the organization.
structure, and operation of the Armed Forces of the United States

Question 3.
National Defense Authorization Act (NDAA)
Correct Answer: Is one of the principal mechanisms by which Congress modifies the
defense acquisition structure

Question 4.
Federal Acquisition Regulations (FAR)
Correct Answer: Is the primary regulation for use by all Federal agencies for the
acquisition of supplies and services with appropriated funds.

Question 5.
DoDD 5000.01
Correct Answer: This policy, otherwise known as Defense Acquisition System policy
states the policies and principles that guide all defense acquisition programs. This
directive identifies the DoD key acquisition officials and forums.

Question 6.
DoDI 5000.02
Correct Answer: This policy, otherwise known as Operation of the Adaptive
Acquisition Framework (AAF) policy is applicable to all systems and services
acquired via the Defense Acquisition System (DAS)

, Question 7.
DoDI 5000.85
Correct Answer: This policy, otherwise known as the Major Capability Acquisition
Pathway policy guides the acquisition of major capability acquisition programs,
including major defense acquisition programs (MDAP); other programs categorized
as acquisition category such as ACAT I-II, automated information systems (AIS), and
more

Question 8.
Executive Branch (People)
Correct Answer: President, DoD, the Office of Management and Budget (OMB), the
Department of State, and the National Security Council (NSC)

Question 9.
Executive Branch (Objectives)
Correct Answer: Satisfy national security objectives, maintaining a balanced force
structure, fielding weapon systems to defeat threats to national security, pre- venting
undue congressional interest/scrutiny, and eliminating fraud, waste, and abuse in
federal procuerment

Question 10.
Legislative Branch (Congress)
Correct Answer: Passes laws, provides constitutional checks and balances to the
authority of the Executive Branch, and represent the interests of the people and the
States

Question 11.
Legislative Branch (Objective)
Correct Answer: Balancing national security and social needs, distributing federal
dollars by district/state, maximizing competition, controlling industry profits, and
controlling fraud, waste, and abuse

Question 12.
Defense Industry (Contractors)
Correct Answer: Includes large, medium, and small organizations, both U.S. and
foreign, providing goods and services to the DoD

Question 13.
Defense Industry (Objectives)
Correct Answer: Profit and growth, cash flow, market share, stability, and
technological achievement

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