Exam Questions and CORRECT Answers
What are the three branches of government and their roles? - CORRECT ANSWER -
Legislative Branch: (Makes Laws)
Approves the President's Budget
Sole power to authorize payments from the US Treasury
Executive Branch: (Carries out Laws)
Appoints Head of Agencies
Signs / Issues Executive Orders
Judicial Branch: (Evaluate Laws)
Interprets law
Resolve disputes
What are the five functions of the Office of Management and Budget (OMB)? - CORRECT
ANSWER - 1. Budget development and execution
2. Management, including oversight of agency performance, procurement, financial
management, and information technology
3. Coordination and review of all significant Federal regulations from executive agencies,
privacy policy, information policy, and review and assessment of information collection requests
4. Clearance and coordination of legislative and other materials, including agency testimony,
legislative proposals, and other communications with Congress, and coordination of other
Presidential actions
, 5. Clearance of Presidential Executive Orders and memoranda to agency heads prior to their
issuance
When was the Office of Federal Procurement Policy (OFPP) established and what is their role? -
CORRECT ANSWER - Established by Congress in 1974 to provide overall direction for
government-wide procurement policies, regulations and procedures and to promote economy,
efficiency and effectiveness in the acquisition processes
What is the responsibility of the DAR Council? - CORRECT ANSWER - Responsible for
developing and maintaining acquisition rule and guidance in support of DoD's acquisition of
goods and services
What are the major categories of acquisition? - CORRECT ANSWER - Supplies and
Equipment
Services
Construction
Research and Development
What is System for Award Management (SAM)? - CORRECT ANSWER - Register to do
business with US government
Update, renew, or check the status of your entity registration
Search for entity registration and exclusion records.
What is Procurement Desktop-Defense (PD2)? - CORRECT ANSWER - Supports the
complete end-to-end procurement cycle from requirements definition/initiation through
solicitation, offer evaluation and award to contract administration and closeout