NCMA Test #7

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1. What term is described by the following: The process by which efforts of all personnel responsible for an acquisition are coordinated and integrated through a comprehensive plan for fulfilling the agency need in a timely manner at a reasonable cost. It includes developing the overall strategy for managing the acquisition.

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About This Quiz
NCMA Test #7 - Quiz

This test delves into performance-based contracts, solicitations for commercial items and the responsibilities of subcontractors in the process of acquiring goods and services. Take up the quiz to ascertain your knowledge on it. All the best.

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2. Government contracts personnel may use liquidated damages clauses only when

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3. Performance-based contracts

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4. Who is generally responsible for determining a subcontractor's responsibility?

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5. When the time of delivery or timely performance is so important that the Government may reasonably expect to suffer damage if the delivery or performance is delinquent; and the extent or amount of such damage would be difficult or impossible to estimate accurately or prove, then what type of assessment may occur?

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6. Solicitations for commercial items shall require offerors to offer the Government

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7. The Contract Disputes Act covers

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8. During source selection it is an acceptable practice to:

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9. The government's preferred remedy when terminating a contract for a commercial item for cause will be

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10. These are limited exchanges between the Government and offerors, that may occur when award without discussions is contemplated:

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11. _______________ contracts are characterized by the employer-employee relationship it creates between the Government and the contractor's personnel.

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12. Performance-based acquisition offers __________, which can be used to adjust payment to reflect the degree of performance success and to motivate superior performance.

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13. Which response best describes a letter contract?

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14. The CO shall review the contractor's request for overtime.  CO approval is required for which of the following contract types(s):

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15. A special form of written approval by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actions is called

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16. Which of the following is NOT a reason to contract for Advisory and Assistance services?

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17. In terms of being a responsible government contractor, any prime contractor that provides Government property to a subcontractor

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18. A mistake detected after award may be corrected as long as it does not

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19. Which of the following is NOT required to be revealed during a post award debriefing?

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20. The process of independently reviewing and evaluating specific elements of each offeror's proposed cost estimate to determine whether the estimated proposed cost elements are realistic for the work to be preformed is done when performing:

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21. When deciding how to measure and manage performance, the contracting officer (CO) should consider all of the following, EXCEPT:

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22. A system whereby the contracting officer receives authorization from a fiscal and accounting officer to obligate funds on purchase documents against a specified lump sum of funds reserved for the purpose for a specified period of time rather than obtaining individual obligation authority on each purchase document is

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23. Options for increased quantities of supplies/services may NOT be expressed in terms of

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24. The contracting officer may accept proposal revisions during

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25. With respect to proposal evaluations, solicitations for simplified acquisitions are

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What term is described by the following: The process by which efforts...
Government contracts personnel may use liquidated damages clauses only...
Performance-based contracts
Who is generally responsible for determining a subcontractor's...
When the time of delivery or timely performance is so important that...
Solicitations for commercial items shall require offerors to offer the...
The Contract Disputes Act covers
During source selection it is an acceptable practice to:
The government's preferred remedy when terminating a contract for...
These are limited exchanges between the Government and offerors, that...
_______________ contracts are characterized by the employer-employee...
Performance-based acquisition offers __________, which can be used to...
Which response best describes a letter contract?
The CO shall review the contractor's request for overtime. ...
A special form of written approval by an authorized official that is...
Which of the following is NOT a reason to contract for Advisory and...
In terms of being a responsible government contractor, any prime...
A mistake detected after award may be corrected as long as it does not
Which of the following is NOT required to be revealed during a post...
The process of independently reviewing and evaluating specific...
When deciding how to measure and manage performance, the contracting...
A system whereby the contracting officer receives authorization from a...
Options for increased quantities of supplies/services may NOT be...
The contracting officer may accept proposal revisions during
With respect to proposal evaluations, solicitations for simplified...
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