Acq terms - Study guides, Class notes & Summaries

WARRANT BOARD 2 EXAM QUESTIONS AND ANSWERS What are the 4 steps to minimize defective pricing? FAR 15.4 - answera. Obtain DCAA audits prior to negotiation b. Audit work in process c. Pressure Contractor to correct deficiencies d. Have Contractor evaluate subcontract proposals properly What is the reference for Acq plan (AP) and location of template? - answerAFFARS 5307.105 Color of Money - answer3400-O&M-1 year 3600-R&D-2 year 3080-procurement-3 year What are the elements of a contra...

WARRANT BOARD EXAM QUESTIONS AND ANSWERS What are the 4 steps to minimize defective pricing? FAR 15.4 - answera. Obtain DCAA audits prior to negotiation b. Audit work in process c. Pressure Contractor to correct deficiencies d. Have Contractor evaluate subcontract proposals properly What is the reference for Acq plan (AP) and location of template? - answerAFFARS 5307.105 Color of Money - answer3400-O&M-1 year 3600-R&D-2 year 3080-procurement-3 year What are the elements of a contract...

Defense Acquisition University: ACQ- ACQ 1010 All modules Exams 1-10 Answered and graded 100% score; Latest Fall 2022. Test – ACQ 1010 Module 1 Exam: Systems Acquisition Management Overview 1. Select the Department of Defense’s (DoD’s) decision-support system described as: “this is the process by which the Department of Defense (DoD) identifies, assesses and prioritizes the capabilities the military requires to fulfill its mission and is often referred to as the requirements generat...

ACQ 101 Module 08 & Exam: Contract Management (2022/2023) Already Passed Which of the following requirements must an offer meet? (Select all that apply) *Be clear and unambiguous* *Have complete terms* *Be communicated* *Express intent* Select the element of contract that best fits the definition of "something of equal value must be exchanged": *Consideration* A mutual assent is when a contract is formed by acceptance of an offer. *True* In order to be legally bound to a contract, a ...

ACQ 101 Terms Latest Verified & Updated 2024. Acquisition - correct answer DOD terms; Acquisition encompasses the design, engineering, consturction, testing, deployment, sustainment, and disposal of weapons or related items purchased from a contractor. From a policy perspective, federal regulations and federal law use the terms acquisition and procurement (do not confuse with budget definition) interchangeably. JCIDS - correct answer Part of 3-step process a weapon system must go through; Jo...

ACQ 101 Terms Question and answers 2023/2024 verified to passAcquisition - correct answer DOD terms; Acquisition encompasses the design, engineering, consturction, testing, deployment, sustainment, and disposal of weapons or related items purchased from a contractor. From a policy perspective, federal regulations and federal law use the terms acquisition and procurement (do not confuse with budget definition) interchangeably. JCIDS - correct answer Part of 3-step process a weapon system must ...

ACQ 101 Module 8 Contract Management Questions and Answers Already Passed What is a contract? legal instrument that defines the relationship between the government and a contractor, acquisition of property, supplies, or services for the direct benefit of the government. What are the elements of a contract? mutual assent; consideration; competency; lawful purpose; certainty of terms; form provide by law What is mutual assent? offer and acceptance; express intent, communicated, complete te...

How long should the CPARS reporting proces take? The CPARS reporting process should take no longer than 120 days. Phases of the Contracting Process Pre-Award; Award; Post-Award Pre-award phase consists of two primary activities: 1. Develop Solicitation (for our purposes, this is done by the Government or the contractor, focused on obtaining a subcontractor). 2. Develop Offer (this is done by the Contractor or Subcontractor) Award phase consists of one primary act...

ACQ 1010 FINAL EXAM 2024. Defense Acquisition Objective - correct answer Provide measurable improvements in mission capabilities for warfighter/ system users Defense Acquisition System - correct answer Management process by which the DoD provides effective, affordable, and timely systems to the users Acquisition Program - correct answer a directed, funded effort that provides new, improved, or continuing materiel, weapon or information system or service capability in response to an approv...