CDFM Defense Acquisition Process 5

Question 1

In defense acquisition, what does the term 'Acquisition Workforce' primarily refer to?

Accepted Answer

Government personnel trained and certified to manage defense contracts and programs

Answer

Contractors who work on defense programs

Answer

Congressional staff who oversee defense spending

Answer

DCAA auditors who review contractor proposals

Question 2

Which of the following is a key principle of Competition in Contracting Act (CICA)?

Accepted Answer

The government must use full and open competition to the maximum extent practicable

Answer

All contracts above the micro-purchase threshold must be sole-source

Answer

Sealed bidding is prohibited for defense contracts above $1 million

Answer

Negotiated contracts are always preferred over sealed bids

Question 3

What is the role of the Defense Acquisition Board (DAB) in the acquisition process?

Accepted Answer

Reviewing and approving ACAT I programs at major decision points on behalf of the Secretary of Defense

Answer

Auditing all defense contracts above $100 million

Answer

Managing the defense acquisition workforce certification program

Answer

Approving all foreign military sales cases

Question 4

What does 'cost realism' mean in the context of defense source selections for cost-reimbursement contracts?

Accepted Answer

The government evaluates whether proposed costs are realistic for the work to be performed

Answer

The government must award to the lowest-cost offeror

Answer

Contractors must certify that all costs are based on market surveys

Answer

All cost proposals must be within 10% of the Independent Government Cost Estimate

Question 5

Under DoDI 5000.02, what is the primary purpose of Low-Rate Initial Production (LRIP)?

Accepted Answer

To establish the production line and identify manufacturing deficiencies before full-rate production

Answer

To produce the minimum number of units for initial combat deployment

Answer

To meet urgent operational need requirements quickly

Answer

To satisfy Congressional mandates for domestic manufacturing

Question 6

Which of the following best describes 'color of money' in defense financial management?

Accepted Answer

Restrictions on how specific appropriation types (O&M, RDT&E, Procurement) can be obligated

Answer

The Treasury's color-coded currency authentication system

Answer

The classification level of financial data in acquisition programs

Answer

The profit margin allowed on cost-type defense contracts

Question 7

What is the 'bona fide need' rule in government appropriations law?

Accepted Answer

Appropriations may only be obligated for needs that arise in the fiscal year of appropriation

Answer

Contractors must demonstrate genuine need before submitting cost proposals

Answer

Only senior officials may certify that purchases are necessary for mission accomplishment

Answer

The government must justify all sole-source awards as meeting a genuine need