1400 Exam Review Question and
answers correctly solved
(True/ Fales) Small business Admin must be notified in case of termination
with small business contract. - correct answers True
Contract administration: Factors that influence the degree of contract
administration. - correct answers Nature of the work; Type of contract;
Experience and commitment of the personnel involved
Functions the KO can delegate to the CAO - correct answers 72
Quality control responsibility falls on the _________, quality assurance is on
the _________ - correct answers Contractor, Gov't
Least/ Most preferred payment types - correct answers Least: Advance
Payment
Most: Performance Based Payment
Requirements associated with contract payments - correct answers Copy of
contract; Receiving Report; Proper Invoice
Solicitation must state the _______ will not be made until funds are ________
- correct answers Award, Available
Communication process/plan Keeps key _______, _______, and ________
informed as you move through different ________ of the _________ process -
correct answers Key Stake holders, Customers, Acquisition Team, Phases of
the Acquisition Process
, Who's responsible for inspecting materials? - correct answers KO determines
acceptance or conditional acceptance of supplies and services, KO makes
determination based on.....
True/ False: Advice from Technical activity that the item is safe to use and will
perform its intended purpose. - correct answers True
Government Furnished Property (GFP): when is it used, why is it used -
correct answers Contracting Officers shall provide property to contractors only
when it is clearly demonstrated: to be in the Government's best interest.
Risk types and differences - correct answers Cost, Schedule, Performance
______ is the risk that escalation of project costs. - correct answers Cost risk
_______ is the risk that activities will take longer than expected and is
typically the result of poor planning. - correct answers schedule risk
_______ is the risk that the project will fail to produce results consistent with
project specifications. - correct answers Performance risk
Risk analysis models: ... Monte Carlo, sensitivity analysis, symmetric - correct
answers Sensitivity analysis
Which levels of Nonconformance we can accept? - correct answers Minor
Nonconformance
answers correctly solved
(True/ Fales) Small business Admin must be notified in case of termination
with small business contract. - correct answers True
Contract administration: Factors that influence the degree of contract
administration. - correct answers Nature of the work; Type of contract;
Experience and commitment of the personnel involved
Functions the KO can delegate to the CAO - correct answers 72
Quality control responsibility falls on the _________, quality assurance is on
the _________ - correct answers Contractor, Gov't
Least/ Most preferred payment types - correct answers Least: Advance
Payment
Most: Performance Based Payment
Requirements associated with contract payments - correct answers Copy of
contract; Receiving Report; Proper Invoice
Solicitation must state the _______ will not be made until funds are ________
- correct answers Award, Available
Communication process/plan Keeps key _______, _______, and ________
informed as you move through different ________ of the _________ process -
correct answers Key Stake holders, Customers, Acquisition Team, Phases of
the Acquisition Process
, Who's responsible for inspecting materials? - correct answers KO determines
acceptance or conditional acceptance of supplies and services, KO makes
determination based on.....
True/ False: Advice from Technical activity that the item is safe to use and will
perform its intended purpose. - correct answers True
Government Furnished Property (GFP): when is it used, why is it used -
correct answers Contracting Officers shall provide property to contractors only
when it is clearly demonstrated: to be in the Government's best interest.
Risk types and differences - correct answers Cost, Schedule, Performance
______ is the risk that escalation of project costs. - correct answers Cost risk
_______ is the risk that activities will take longer than expected and is
typically the result of poor planning. - correct answers schedule risk
_______ is the risk that the project will fail to produce results consistent with
project specifications. - correct answers Performance risk
Risk analysis models: ... Monte Carlo, sensitivity analysis, symmetric - correct
answers Sensitivity analysis
Which levels of Nonconformance we can accept? - correct answers Minor
Nonconformance
