Module 3 Exam, Part I (contains 30 questions)
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Module 3 Exam, Part I (contains 30 questions)
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1.) The Army receives proposals from eight different companies in response to a Request
for Proposal (RFP). The Contracting Officer has identified the most highly rated
proposals, determined the competitive range, and wants to get the offerers best and
final proposals. What type of information exchange would the Contracting Officer use
to get the information needed to allow the offerers to revise their proposals?
Clarifications
Negotiations
Solicitations
Communications
2.) What form of information exchange would a Contracting Officer use to reach
agreement with an offeror over the terms of a contract?
Communication
Discussion
Clarification
Negotiation
3.) During source selection, a contractor calls you with a question about the Request for
Proposal (RFP). To whom should you refer this inquiry?
Lead Systems Engineer
Contracting Officer
Deputy Program Manager
, Program Manager
4.) The portion of the source selection process where the Government seeks to gain a
complete understanding of the proposal and identify specific areas of concern is
referred to as _________________.
Fact finding
Soliciting
Bargaining
Negotiating
5.) In Government contracting, one criterion for cost allowability is that the contractors
costs must comply with Generally Accepted Accounting Principles (GAAP) and
Government Cost Accounting Standards (CAS).
True
False
6.) In accordance with DoD acquisition policy and guidance, every program should
consider, at a minimum, _____________________, human systems integration,
reliability, availability, and maintainability.
Return on assets
Open systems architecture
Return on investment
Profit margin
7.) In the process of conducting design [Apply the systems [Remediation
engineering process to
considerations, a programs systems determine a design
Accessed:
engineers are deciding from among solution to meet an Y]
Components A, B, and C. All three operational need that
components meet performance demonstrates the
, requirements. Component C has the
highest initial cost; however, due to its
superior reliability, it is projected to lead
to lower life cycle costs than Components balancing of Affordability
and Should Cost and
A and B in the long run, and this will help technical activities.]
meet the programs affordability goals.
This is adequate justification for the team
to select Component C.
True
False
8.) A decision matrix is a useful tool when applying the tradeoff study process to analyze
alternatives.
True
False
9.) In our decision matrix, Option 1 receives a 3 for speed and a 1 for cost, and Option
2 receives a 2 for speed and a 2 for cost. The speed criterion has been assigned a
weight of 0.2 and the cost criterion has been assigned a weight of 0.6. In accordance
with the decision matrix approach, which of the following statements is true?
Option 1 is better than Option 2 because its total weighted score is lower.
Option 1 and Option 2 each score a total of 1.4; therefore, either choice is fine.
Option 1 is better than Option 2 because its total weighted score is higher.
Option 2 is better than Option 1 because its total weighted score is higher.
10.) The _________ presents the total revenues and expenses of a company for a given
period.
Income Statement
Balance Sheet
, Statement of Retained Earnings
Statement of Cash Flows
11.) Engineering expenses attributable solely to a contract are an example of _________.
General and administrative (G&A) costs
Direct labor costs
Soft money costs
Indirect labor costs
12.) For a contract cost to be considered "allowable," it must meet certain criteria. If the
cost does not exceed what a business person would be willing to pay in a competitive
environment, which one of the following criteria is met?
Reasonable
Allocable
Consistent with Cost Accounting Standards
Consistent with the terms of the contract
13.) A strategy that adopts interface standards that are defined by and widely used
throughout industry to facilitate the update of components with new technology is
__________.
Open systems
Software-embedded systems
Automated Information Systems
Non-developmental items
14.) Modeling and simulation can enhance the Systems Engineering process by:
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