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CON 3990V- predictor-[EXAM]

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CON 3990V- predictor
exam [ questions and
answers A+]




//Acquisition planning should begin as soon as the agency need is identifed.



True



False - ANSWERS-True




What is the Government's policy on describing agency needs? (select all that apply)



Promote full & open competition



Minimize restrictive provisions




*State requirements in terms of function, performance, & essential physical characteristics



None of the above - ANSWERS-Promote full & open competition

,Minimize restrictive provisions




State requirements in terms of function, performance, & essential physical characteristics



No officer or employee of the Government may create or authorize an obligation in excess of
the funds available, or in advance of appropriations (Anti-Deficiency Act,31 U.S.C.1341), unless
otherwise authorized by law.



True



False - ANSWERS-True



Conducting a Requirements Analysis means: (select all that apply)



Conducting a systematic review of your requirement given the guidance captured from
stakeholders during the planning phase



Describing the work in terms of required results, rather than either "how" the work is to be
accomplished or the number of hours to be provided



Identifying the essential processes and outputs or results required



None of the above - ANSWERS-Conducting a systematic review of your requirement given the
guidance captured from stakeholders during the planning phase



Describing the work in terms of required results, rather than either "how" the work is to be
accomplished or the number of hours to be provided

, Identifying the essential processes and outputs or results required



The Government is ordinarily required to furnish all property necessary to perform Government
contracts.



True



False - ANSWERS-False



Market research means collecting and analyzing information about capabilities within the
market to satisfy agency needs



True



False - ANSWERS-True



What are the two different types of market research?



Tactical



Operational



Strategic



None of the above - ANSWERS-Tactical
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