ESTUDYR
ACQ 101 EXAM 2
1. What is the primary purpose of acquisition planning?
A. Minimize paperwork
B. Promote full and open competition, select proper contract type, and leverage existing
contracts
C. Ensure sole-source awards
D. Expedite delivery regardless of cost
Rationale: Acquisition planning ensures competition, appropriate contract types, and use of
pre-existing contracts.
2. When should acquisition planning begin?
A. After receiving the purchase request
B. As soon as the agency need is identified
C. At contract award
D. When funds are finally obligated
Rationale: Early planning aligns requirements, funds, and market research.
3. Who holds overall responsibility for acquisition planning within an agency?
A. Chief Financial Officer
B. Contracting Officer Representative
C. Agency head, program manager, or designee
D. Legal counsel
Rationale: The program manager or designee oversees planning to meet mission needs.
4. Market research is codified in which FAR part?
A. FAR Part 5
B. FAR Part 12
C. FAR Part 10
D. FAR Part 15
Rationale: FAR Part 10 governs market research requirements.
5. Which of the following is not a benefit of thorough market research?
A. Identifying risk areas
B. Determining if supplies are on mandatory sources
C. Reducing the need for competition
D. Disclosing applicable laws or regulations
Rationale: Market research supports competition, not reduces it.
6. The extent of market research should vary based on all except:
A. Urgency of requirement
, ESTUDYR
B. Estimated dollar value
C. Complexity of requirement
D. Preferred vendor relationship
Rationale: Vendor preferences are secondary to need, value, and complexity.
7. Commercial off-the-shelf (COTS) items are preferred because they:
A. Always require heavy customization
B. Are readily available in the commercial marketplace
C. Bypass FAR Part 12 requirements
D. Are exempt from competition
Rationale: COTS items reduce development cost and foster competition.
8. A “modified commercial item” retains at least what percentage of original functionality?
A. 25%
B. 40%
C. 50%
D. 75%
Rationale: FAR allows minor modifications if half the original function remains.
9. Non-developmental items (NDI) include all EXCEPT:
A. Items developed exclusively for government use
B. Items never sold commercially
C. Government-funded R&D items sold commercially
D. Items on multiple agency inventories
Rationale: NDIs must have commercial sales or multi-agency use.
10. Which acquisition method is most costly and lengthy, typically used for unique government
needs?
A. COTS procurement
B. Government-unique R&D
C. Simplified Acquisition
D. BPA
Rationale: Government-unique items start with full R&D and carry high program risk.
11. Strategic market research is characterized by being:
A. Time-limited
B. Ongoing and broad
C. Focused on a single procurement
D. Performed only post-award
Rationale: Strategic research builds market awareness over time.
12. Tactical market research differs from strategic by being:
A. Continuous
B. Regulatory
ACQ 101 EXAM 2
1. What is the primary purpose of acquisition planning?
A. Minimize paperwork
B. Promote full and open competition, select proper contract type, and leverage existing
contracts
C. Ensure sole-source awards
D. Expedite delivery regardless of cost
Rationale: Acquisition planning ensures competition, appropriate contract types, and use of
pre-existing contracts.
2. When should acquisition planning begin?
A. After receiving the purchase request
B. As soon as the agency need is identified
C. At contract award
D. When funds are finally obligated
Rationale: Early planning aligns requirements, funds, and market research.
3. Who holds overall responsibility for acquisition planning within an agency?
A. Chief Financial Officer
B. Contracting Officer Representative
C. Agency head, program manager, or designee
D. Legal counsel
Rationale: The program manager or designee oversees planning to meet mission needs.
4. Market research is codified in which FAR part?
A. FAR Part 5
B. FAR Part 12
C. FAR Part 10
D. FAR Part 15
Rationale: FAR Part 10 governs market research requirements.
5. Which of the following is not a benefit of thorough market research?
A. Identifying risk areas
B. Determining if supplies are on mandatory sources
C. Reducing the need for competition
D. Disclosing applicable laws or regulations
Rationale: Market research supports competition, not reduces it.
6. The extent of market research should vary based on all except:
A. Urgency of requirement
, ESTUDYR
B. Estimated dollar value
C. Complexity of requirement
D. Preferred vendor relationship
Rationale: Vendor preferences are secondary to need, value, and complexity.
7. Commercial off-the-shelf (COTS) items are preferred because they:
A. Always require heavy customization
B. Are readily available in the commercial marketplace
C. Bypass FAR Part 12 requirements
D. Are exempt from competition
Rationale: COTS items reduce development cost and foster competition.
8. A “modified commercial item” retains at least what percentage of original functionality?
A. 25%
B. 40%
C. 50%
D. 75%
Rationale: FAR allows minor modifications if half the original function remains.
9. Non-developmental items (NDI) include all EXCEPT:
A. Items developed exclusively for government use
B. Items never sold commercially
C. Government-funded R&D items sold commercially
D. Items on multiple agency inventories
Rationale: NDIs must have commercial sales or multi-agency use.
10. Which acquisition method is most costly and lengthy, typically used for unique government
needs?
A. COTS procurement
B. Government-unique R&D
C. Simplified Acquisition
D. BPA
Rationale: Government-unique items start with full R&D and carry high program risk.
11. Strategic market research is characterized by being:
A. Time-limited
B. Ongoing and broad
C. Focused on a single procurement
D. Performed only post-award
Rationale: Strategic research builds market awareness over time.
12. Tactical market research differs from strategic by being:
A. Continuous
B. Regulatory
