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

The Acquisition Workforce includes government civilian and military personnel in acquisition positions who must meet training and certification requirements under the Defense Acquisition Workforce Improvement Act (DAWIA).

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

CICA requires federal agencies to use full and open competition to the maximum extent practicable when awarding contracts.

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

The DAB advises the Secretary of Defense and serves as the senior review board for ACAT I programs at major milestone decisions.

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

Cost realism analysis assesses whether proposed costs are realistic, complete, and consistent with the offeror's technical approach and understanding of the requirement.

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

LRIP establishes initial production capability, identifies manufacturing problems, and provides systems for operational testing before full-rate production commitment.

CDFM - Certified Defense Financial Manager Practice Test

CDFM - Certified Defense Financial Manager Practice Test

CDFM Defense Acquisition Process 5