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SK1 SWE 2026 QUESTIONS AND
ANSWERS | A+ GRADED | WITH
EXPERT SOLUTIONS
For purchases exceeding $3,000, how many quotes are
acceptable? - correct answer-3 quotes
Purchases under $3,000 must be equally distributed among
qualified suppliers? - correct answer-True
For purchases in excess of $3,000, the _____ shall solicit
quotations from a reasonable number of qualified sources. -
correct answer-KO
The KO shall establish and maintain documentation of ORAL
quotes to determine the best value for the government. - correct
answer-True
The supplies or services with an anticipated dollar value more
than $3,000, but less than $150,000 ($100,000 - SAP isn't
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updated yet) are reserved exclusively for? - correct answer-Small
Business (SAP 3-1)
Simplified Acquisition Procedures are divided into how many
categories? - correct answer-2, micro-purchase & simplified
Acquisitions
The form used to purchase supplies if the cost is less than or
equal to $3,000? - correct answer-OF-347
The use of the SF-1449 is to? - correct answer-Solicit RFQ's,
IFB's, or RFP's/ award contracts/ document receipts of supplies
(SAP 12-13)
The form used to amend a solicitation of a contract is what? -
correct answer-SF-30 (SAP 12-1)
A legally binding relationship obligating the seller to furnish the
supplies and services and the buyer to pay for them is called a? -
correct answer-CONTRACT
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The simplified acquisition threshold stops at how much? - correct
answer-$150,000 ($100,000 SAP) inside US
1 Million outside US
(SAP 1-1)
The form used to purchase supplies and services if the cost is
equal or greater than $3,000? - correct answer-SF-1449
The count team uses what method of counting during the count? -
correct answer-THE BLIND COUNT (SPPM 3-E-8)
What is minimum causative research - correct answer-A review of
all Transactions, shipments discrepancies, and catalog change
sections since last inventory
OM&S assets valued at less than $2,000 is what? - correct
answer-Random sample inventory
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These people review count sheets, reconcile the inventory, create
adjustment reports, and prepare the inventory package for the
PCO? - correct answer-The Research and adjustment personnel,
RA's
These people carry out a count of OM&S inventory items? -
correct answer-Count Team
This person supervises the entire inventory process, he certifies
the inventory and forwards the package to the CO? - correct
answer-PCO
The sample OM&S inventory report is due when? - correct
answer-4th quarter
Capitalized OM&S is everything with a value equal to or greater
than? - correct answer-$2,000
Capitalized OM&S inventory report is due when? - correct
answer-4th quarter
SK1 SWE 2026 QUESTIONS AND
ANSWERS | A+ GRADED | WITH
EXPERT SOLUTIONS
For purchases exceeding $3,000, how many quotes are
acceptable? - correct answer-3 quotes
Purchases under $3,000 must be equally distributed among
qualified suppliers? - correct answer-True
For purchases in excess of $3,000, the _____ shall solicit
quotations from a reasonable number of qualified sources. -
correct answer-KO
The KO shall establish and maintain documentation of ORAL
quotes to determine the best value for the government. - correct
answer-True
The supplies or services with an anticipated dollar value more
than $3,000, but less than $150,000 ($100,000 - SAP isn't
, Page | 2
updated yet) are reserved exclusively for? - correct answer-Small
Business (SAP 3-1)
Simplified Acquisition Procedures are divided into how many
categories? - correct answer-2, micro-purchase & simplified
Acquisitions
The form used to purchase supplies if the cost is less than or
equal to $3,000? - correct answer-OF-347
The use of the SF-1449 is to? - correct answer-Solicit RFQ's,
IFB's, or RFP's/ award contracts/ document receipts of supplies
(SAP 12-13)
The form used to amend a solicitation of a contract is what? -
correct answer-SF-30 (SAP 12-1)
A legally binding relationship obligating the seller to furnish the
supplies and services and the buyer to pay for them is called a? -
correct answer-CONTRACT
, Page | 3
The simplified acquisition threshold stops at how much? - correct
answer-$150,000 ($100,000 SAP) inside US
1 Million outside US
(SAP 1-1)
The form used to purchase supplies and services if the cost is
equal or greater than $3,000? - correct answer-SF-1449
The count team uses what method of counting during the count? -
correct answer-THE BLIND COUNT (SPPM 3-E-8)
What is minimum causative research - correct answer-A review of
all Transactions, shipments discrepancies, and catalog change
sections since last inventory
OM&S assets valued at less than $2,000 is what? - correct
answer-Random sample inventory
, Page | 4
These people review count sheets, reconcile the inventory, create
adjustment reports, and prepare the inventory package for the
PCO? - correct answer-The Research and adjustment personnel,
RA's
These people carry out a count of OM&S inventory items? -
correct answer-Count Team
This person supervises the entire inventory process, he certifies
the inventory and forwards the package to the CO? - correct
answer-PCO
The sample OM&S inventory report is due when? - correct
answer-4th quarter
Capitalized OM&S is everything with a value equal to or greater
than? - correct answer-$2,000
Capitalized OM&S inventory report is due when? - correct
answer-4th quarter
