CON 1200 - U05 QUIZ Questions and Answers|2025 Update | 100% Correct-Defense Acquisition University

CON 1200 - U05 QUIZ Questions and Answers|2025 Update | 100% Correct-Defense Acquisition
University
What is one of the purposes of the Small Business program?

To award certain acquisitions to prime contractors


To set aside certain acquisitions exclusively for large contractors


To set aside certain acquisitions exclusively for small businesses
Feedback:Correct, see FAR 19.201. See U05, Lesson 02 and Lesson 03.

To award certain acquisitions exclusively for sub-contractors




Correct 2/2 Points

What is considered a qualifying criteria for a small business concern?

Operate primarily outside the U.S.


Not dominant in the field of operation
Feedback:Correct, see FAR 2.101. See U08, Lesson 02, Small Business Programs.

Dependently operated


Dominant in the field of operation




Correct 2/2 Points

Fill in the blank from the list of alternatives: "For acquisitions of supplies below
there is no requirement for you to set-aside the purchase."

$2,500


$10,000
Feedback:
Correct, see FAR 19.502-1(b) and FAR 2.101 (for micro-purchase definition). See U05, Lesson 02,
Small Business Programs.

$2,000