CPCM Pre-Award Practice Test Questions with Answers
11 views 0 purchase
Course
CPCM
Institution
CPCM
CPCM Pre-Award Practice Test Questions with Answers
Which of the following is true of an RFQ? - Answer-a. The RFQ is an offer by the buyer
B. THE RFQ MAY BE FOLLOWED BY A PURCHASE ORDER THAT IS AN OFFER BY THE BUYER
c. The RFQ is an informal version of the RFP
d. The RFQ results in proposal ...
CPCM Pre-Award Practice
Test Questions with
Answers
Which of the following is true of an RFQ? - Answer-a. The RFQ is an offer by the buyer
B. THE RFQ MAY BE FOLLOWED BY A PURCHASE ORDER THAT IS AN OFFER BY
THE BUYER
c. The RFQ is an informal version of the RFP
d. The RFQ results in proposal selection by the buyer
A buyer who wanted to ensure that the contractor managed costs effectively would
likely prefer which of the following types of contract? - Answer-Cost-plus-incentive-fee
Which part of the acquisition plan discusses proposed sources, the level of competition,
the proposed contract type or types, and milestone dates for completion? - Answer-a.
Deliver or performance requirements
b. Conditions or constraints
C. PLAN OF ACTION
d. Description of need
Which of the following is a difference between a Request for Quotations and a Request
for Proposals? - Answer-a. An RFP is used when a specification or statement of work
already exists.
b. An RFQ is used to prequalify bidders relative to their technical capacity.
C. AN RFQ IS NOT AN OFFER
d. An RFP is used in the sealed bidding process.
Which of the following is not a type of Indefinite Delivery Contract? - Answer-A.
INDEFINITE REQUIREMENTS
b. Definite quantity
c. Requirements
d. Indefinite Quantity
Which of the following is a recommended practice when using incentive contracts? -
Answer-a. Reward the seller for simply meeting contract requirements.
B. USE A COMBINATION OF POSITIVE AND NEGATIVE INCENTIVES
c. Avoid tying on-time delivery to cost or quality performance criteria
d. Recognize that there is an objective measurement for everything
, What is the purpose of the SOW? - Answer-To provide potential offerors with a
complete understanding of the requirement
Which of the following contract types poses the most risk to the seller? - Answer-a. Firm
Fixed Price with Incentive Fe
B. FIRM FIXED PRICE
c. Cost Plus Incentive Fee
d. Time and Material
Evaluation Procedures: - Answer-Will impact the quality of proposals received
The U.S. Department of Agriculture purchases surplus food from farms to provide to
schools participating in the National School Lunch Program. Because the surplus food
is perishable, it is important that the food be transported from the farms with as little
spoilage as possible. The USDA selects a cost-plus-award-fee contract for the
transportation of the food. Which of the following best explains why this contract type
would be appropriate? - Answer-It allows the USDA to offer an additional fee for faster
delivery, encouraging the transportation company to deliver the food as quickly as
possible.
What are government Purchase cards used for? - Answer-As the method of contractimg
for transactions under the Simplified Acquistion Threshold
An acquisition of an IT system is divided into several smaller acquisitions increments
that provide an opportunity for subsequent increments to take advantage of advances in
technology or respond to changing needs. This is an example of what? - Answer-
Modular Contracting
the Reynard-Muldrake Group provides physical security to a Centers for Disease
Control laboratory housing biohazardous material. Because different materials are
frequently moved in and out of the laboratory, Reynard-Muldrake's costs include not
only the wages of the guards, but also constant retraining of the guards it employs in
safe practices around these materials. It's not possible to accurately estimate the impact
of traing requirements on the total hours required.". Which of the following contract
types would be most appripriat efor this contract? - Answer-A-LABOR-HOUR
b. Cost plus award fee
c. Time and materials
d. Firm fixed price, level-of-effort
Concerning acquisition planning, which of the following statements is true? - Answer-A.
IT SHOULD BE VIEWED AS A TEAM EFFORT, INCLUDING THE TALENTS AND
INPUT FROM CONTRACTING PERSONNEL, CUSTOMERS, FINANCE EXPERTS,
AND LEGAL COUNSEL.
b. It should begin immediately after the initial customer contact.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Scholarsstudyguide. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.39. You're not tied to anything after your purchase.
