Question 1

Select the correct sequence in the Alignment  of Money

Accepted Answer

None of the above

Answer

Customer, Company, Contract vehicle, Federal reseller, you

Answer

You, Company, Federal reseller, Contract vehicle, Customer

Answer

Customer, Contract vehicle, Company, Federal reseller, You

Question 2

Acquisition is not part of the customer buying cycle.

Accepted Answer

false

Answer

true

Question 3

The  federal customer can procure products using 1 year money in the current fiscal up to Sept 30

Accepted Answer

true

Answer

false

Question 4

Customer's needs, requirements and pains can be from:

Accepted Answer

All the above

Answer

New regulations

Answer

New capabilities

Answer

New Threats

Question 5

The customer's procurement office is sometimes referred to as:

Accepted Answer

Black hole

Answer

Forget-me-nots

Answer

Money pit

Answer

Amazon

Question 6

Procurement office has many methods to procure. Which is not a method:

Accepted Answer

Government Solutions Contract (GSO) Schedule 80

Answer

Blanket Purchase Agreement (BPA)

Answer

Government-Wide Acquisition Contract (GWAC)

Answer

Indefinite Delivery / Indefinite Quantity Contract (IDIQ)

Question 7

The Federal reseller can never speak with the Contracting Office

Accepted Answer

false

Answer

true

Question 8

What could go wrong with a procurement?

Accepted Answer

All the above

Answer

Customer never gets funding

Answer

Political situations

Answer

Product does not have the proper certifications

Question 9

Use it or lose it refers too:

Accepted Answer

Year-end spending

Answer

Weight measurements

Answer

Fiscal year fall out money

Answer

Fiscal Debt

Question 10

UFR stands for

Accepted Answer

Unfunded Requirement

Answer

Unidentified Flying Robot

Answer

Uniformed Forces Requirement

Answer

Useless Formal Resources

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