ACQ 202 Module 3 Exam, Part 1 Questions And Answers/Score A

Module 3 Exam, Part I (contains 30 questions) Clarifications Negotiations Solicitations Communications Communication Discussion Clarification Negotiation Lead Systems Engi neer Contracting Officer Dep uty Program Manager Program Manager Fact finding Soliciting Bargaining Negotiating True False Return on assets Open systems architecture Return on investment Profit margin 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 A and B in the long run, and this will help meet the program’s affordability goals. This is adequate justification for the team to select Component C. balancing of Affordability and Should Cost and technical activities.] True False True False 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. Income Statement Balance Sheet Statement of Retained Earnings Statement of Cash Flows General and administrative (G&A) costs Direct labor costs Soft money costs Indirect labor costs Reasonable Allocable Consistent with Cost Accounting Standards Consistent with the terms of the contract Open systems Software-embedded systems Automated Information Systems Non-developmental items Helping IPT members to understand the interrelationship of components without physically changing the system. Quickly providing physical solutions to meet functional capabilities. Eliminating technical risk before production begins. Providing designs that will consistently exceed functional capabilities.