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M4 - Alignment of Money

Quiz by Jimmy Severson

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10 questions
Show answers
  • Q1

    A contract vehicle can also be considered a type of credit card that the government can use to procure goods and services.

    true
    false
    True or False
    45s
  • Q2
    A Government-Wide Acquisition Contract (GWAC) is not one of the following:

    Pre-competed

    Single-Award
    Indefinite Delivery
    Indefinite Quantity
    45s
  • Q3
    _______ are used when GSA can't determine, above a specified minimum, the precise quantities or products or services that the government will require during the contract period,

    CBP

    EPA
    IDIQ
    GSA
    45s
  • Q4
    Blanket Purchase Agreements can be Full and Multi-Agency
    true
    false
    True or False
    45s
  • Q5
    General Services Administration establishes short-term government-wide contracts with commercial firms to provide access to over 11 million commercial supplies (products) and services.
    false
    true
    True or False
    45s
  • Q6
    The Small Business Administration (SBA) was created in 1953 as an independent agency of the Federal government to ___, ____, ____ and _____ the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation.
    Absorb, define, dedicate, apply
    Reconsider, value, constitute, administer
    Network, build, assist, pursue

    Aid, counsel, assist, protect

    45s
  • Q7
    Which is not a Small Business Administration Program?

    Woman-owned Small Business 

    8(a) Business Development Program 
    HUBZone Program
    SBA Loan Development Program
    45s
  • Q8
    The”New Goal” for Small Business Administration Programs is?
    10%
    25%
    50%
    5%
    45s
  • Q9
    SBA: Participants can receive sole-source contracts, up to a ceiling of ____________?

    $20 million

     $10 million
    $4 million
    $40 million
    45s
  • Q10
    Other Transaction Authority (OTA) is the term commonly used to refer to the (10 U.S.C. 2371b) authority of the Department of Defense (DoD) to carry out certain prototype, research, and production projects.
    true
    false
    True or False
    45s

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