QUESTIONS WITH CORRECT
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PASS||UPDATED 2026/2027
SYLLABUS||A+ GRADED||<<NEWEST
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What is describing agency needs? - ANSWER ✓ Promote full and open
competition, minimize restrictive provisions, state requirements in terms of
function, performance, and essential physical characteristics
What is a needs assessment? - ANSWER ✓ Identifies and characterizes gaps in
existing capabilities that are impediments to achieving the mission area objectives
What is a requirements analysis mean? - ANSWER ✓ Adopting a systematic
review of your requirement, given the car dens captured from stakeholders during
the planning phase, describing the work in terms of required results, identified the
essential processes and outputs or results required
What does a requirements analysis provide a basis for? - ANSWER ✓ This
analysis is the basis for establishing the high-level, attractive, developing
performance, task and standards, writing, PWS, and producing the QASR
What are the 3 phases of acquisition process? - ANSWER ✓ 1. Planning
2. Developmental
3. Execution
What are the 7 steps of the acquisition process? - ANSWER ✓ Phase 1
1.form the team
2.review current strategy
3.market research
Phase 2
,4.requirements definition
5.acquisition strategy
Phase 3
6.execute strategy
7.performance management
Acquisition planning should begin when? - ANSWER ✓ As soon as as the agency
need is identified
What is acquisition team? - ANSWER ✓ The program manager, or the user
responsible for the requirement may bring together their appropriate cross
functional individuals for the multi- functional team
CO shall provide GFP to contractors only when it is clearly demonstrated to be? -
ANSWER ✓ 1. The government's best interest.
2. That the overall benefit to the acquisition significantly outweighs the increased
cost of a ministration, including ultimate property disposal.
3. That providing the property does not substantially increase the governments
assumption of risk.
4. That government requirements cannot otherwise be met.
For encouraging small business participation, the contracting officer shall take the
following actions: - ANSWER ✓ 1. Divide proposed acquisitions of supplies and
services into reasonably small. Lots to permit offers on quantities less than the total
requirement.
2. Plan acquisition, such that, if practicable, more than one small business concern
may perform the work, if the work exceeds the amount for which a surety may be
guaranteed by SBA against loss under 15 US C6,94b
3. Ensure the delivery schedule or tablets on a realistic basis that will encourage
small business participation to the extent consistent with the actual requirements of
the government.
4. Encourage prime contractors to subcontract with small business concerns.
Before executing any contract, the contracting officer shall: - ANSWER ✓ 1.
Obtain written assurance from responsible fiscal authority that adequate funds are
available or
2. Expressly condition that the contract on availability of funds. IAW 32.703-2
,Acquisition planning should begin as soon as the agency need is identified. True
or false. - ANSWER ✓ True
No officer, or employee of the government may create or offer, as an obligation in
excess of funds, available, or in advance of appropriations, unless otherwise offer
us by law. True or false - ANSWER ✓ True
Conducting a requirement analysis means: (select all that apply)
-Conducting a systematic review of your requirement, given the gardens captured
from stakeholders during the planning phase
-Describing The work in terms of the required results, rather than either "how"the
work is to be accomplished, or the number of hours to be provided
-Identify the essential processes and outfits for results required
-None of the above - ANSWER ✓ Conducting a systematic review of your
requirement, given the gardens captured from stakeholders during the planning
phase
-Describing The work in terms of the required results, rather than either "how"the
work is to be accomplished, or the number of hours to be provided
-Identify the essential processes and outfits for results required
The government is ordinary required to furnish all proper necessary to perform
government contracts. True false - ANSWER ✓
Market research means collecting and analyzing information about capabilities
within the market to satisfy agency needs. True or false. - ANSWER ✓ True
What are the two types of market research? - ANSWER ✓ Tactical and strategic
Market research is one tome step in the acquisition process? True or false -
ANSWER ✓ True
What are some effective methods of industry engagement? - ANSWER ✓ -sources
sought solicitation
-RFI
-Pre-solicitation conference or industry day
-One on one interactions
-Solicitation of feedback on draft RFP
, What does commercial product mean? - ANSWER ✓ -Any product, other than
real property that is of a type customarily used by the general public or by non-
governmental entities for purposes, other than governmental purposes.
-Any product that has been sold, at least, or license to the general public.
-Any product that has been offered for sale, lease, or license to the general public
Far part 12 does not apply to the acquisition of commercial items when? -
ANSWER ✓ At or below them micro purchase threshold, when, using standard
form 44, using imprest funds, using government wide commercial purchase card as
a method of purchase, rather than only as a method of payment, directly from
another agency
Far part 13 prescribes, simplified acquisition, procedures in order to? - ANSWER
✓ -reduce administrative cost
-Promote efficiency and economy and contracting
-Avoid unnecessary burdens for agencies in contractors
-Improve opportunities for small, small disadvantaged, woman on, veteran owned,
hub zone, and service, disabled veteran own small business concerns to obtain a
fair portion of government contracts
Agency shall use simplified acquisition procedures to the maximum extent,
practical for all purchases of supplies or services, not exceeding the simplified
acquisition threshold. True or false - ANSWER ✓ True
Contracting officer shall solicit sealed bids if? - ANSWER ✓ -Time permits, the
solicitation, submission, and the evaluation of sale bids
-The word will be made on the basis of person other price related factors
-It is not necessary to conduct discussions with the responding offerors about their
bids
-There is a reasonable expectation on receiving more than one sealed bid
IAW FAR, part 15, after evaluation of offers, the contracting officer may hold
negotiations with offers in the competitive range, advising each of the deficiencies
in his proposals, and request a final proposal revision. true or false - ANSWER ✓
Contract types vary according to the degree and timing of responsibility assumed
by the contractor for the cost of performance and the amount and the nature of
profit incentive offered to the contractor for achieving or exceeding goals. True or
false - ANSWER ✓ True