MGT 401 All Possible Questions and Answers 2023 with complete solution
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Course
MGT 401
Institution
MGT 401
MGT 401 All Possible Questions and Answers 2023 with complete solution
The Defense Acquisition Management System (DAMS) process for major acquisition programs begins with identification through the "DOTMLPF" Analysis of a capability need requiring a __________.
Materiel Solution
Three "legisla...
mgt 401 all possible questions and answers 2023 with complete solution the defense acquisition management system dams process for major acquisition programs begins with identification through the
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MGT 401 All Possible Questions and Answers 2023 with
complete solution
The Defense Acquisition Management System (DAMS) process for major acquisition
programs begins with identification through the "DOTMLPF" Analysis of a capability
need requiring a __________.
Materiel Solution
Three "legislative controls" placed on appropriations by Congress that are related to
funding are:
Purpose, Time, Amount
The branch of government with Constitutional authority for "legislative controls" on
funding is the ____________ branch.
Legislative
A Warranted Contracting Officer's authority is specifically set forth in writing. This
authority is referred to as ___________ authority.
Express
Cost-reimbursement contract can be used for commercial items?
False
When is an indefinite-delivery contract appropriate?
When the exact times and/or quantities of future deliveries are not known at time of
award
Cost-reimbursement contract can be used for commercial items?
False
When is an indefinite-delivery contract appropriate?
When the exact times and/or quantities of future deliveries are not known at time of
award
As Federal Funding Mechanisms, Contracts, Grants, Agreements, and Other
Transaction Authorities (OTAs) have this one purpose in common.
Fund Research, Development, Test & Evaluation (RDT&E) efforts
Firm Fixed Price (FFP) contracts place maximum risk on the Government for cost
control.
false
This Government Representative is appointed by the Contracting Officer to serve as a
technical liaison between the Government and Contractor.
Contracting Officer Representative (COR)
Federal Agencies must specify their needs in such a manner as to:
Promote full and open competition
This a unilateral right in a contract, for a specific period of time, where the Government
may elect to purchase additional supplies or services called for by the contract, or
extend the period of performance.
Option
What is a multiple year contract?
Contract having a term of more than 1 year regardless of fiscal year funding (think
contract with a base year & options)
, The Defense Acquisition Management System (DAMS) process for major acquisition
programs begins with identification through the "DOTMLPF" Analysis of a capability
need requiring a
Materiel Solution
Techniques for conducting market research include:
All of these techniques are appropriate as necessary to support the acquisition
Consolidating two or more requirements for supplies or services, previously provided or
performed under separate smaller contracts, into a soliciation for a single contract is
defined as:
Bundling
Market Research is only required for very large, complex acquisitions.
False
This statute provides a "price preference" (6-50 percent) for "domestic end products."
Buy American Act
This law prohibits using appropriated funds to purchase any item/article on restricted list
from a non-qualifying country for such items as specialty metals for aircraft, missile,
space systems, ships, tanks,auto items, weapons, and ammo.
Berry Amendment
A contracting officer's warrant authorizes him/her to?
Obligate the Government
When the contracting officer signs a contract that, in fact, indicates the contracting
officer has made an affirmative determination that:
All of the above.
The Defense Acquisition Management System (DAMS) process for major acquisition
programs begins with identification through the "DOTMLPF" Analysis of a capability
need requiring a
Materiel Solution
An item previously developed by a Foreign Ally, another Federal Agency, State or Local
government is referred to as a
non-developmental item
Although the Government buys a combination of commercial, non-developmental and
developmental items annually in support of numerous Department of Defense systems,
the Government's first preference is to purchase developmental items.
False
The branch of government with implied contracting authority and responsibility for
making procurement and budget policy through the Office of Federal Procurement
Policy (OFPP) and Office of Management and Budget (OMB) is the ____________
branch.
Executive
The branch of government with Constitutional authority for passing "authorizations" and
"appropriations" related to funding is the ____________ branch.
Legislative
This a unilateral right in a contract, for a specific period of time, where the Government
may elect to purchase additional supplies or services called for by the contract, or
extend the period of performance.
Option
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