Question 1

Federal salespeople must understand government procurement

Accepted Answer

All of the listed options

Answer

Stay compliant

Answer

Build credibility

Answer

Protect against legal and ethical risks

Question 2

Contracting Officer is the individual authorized to enter into contracts for supplies and services on behalf of the government.

Accepted Answer

true

Answer

false

Question 3

Only a select few people have authority to obligate appropriations and budgeting on behalf of the US Government.

Accepted Answer

true

Answer

false

Question 4

The customer can commit and obligate theFederal Government funds

Accepted Answer

false

Answer

true

Question 5

An SOW is:

Accepted Answer

Statement of Work

Answer

Senate Ordering Work

Answer

Statement Ordering of Work

Answer

Solicitation Order of Work

Question 6

A Justification and Approval (J&A) is:

Accepted Answer

Sole Source Justification

Answer

Request for Proposal for multiple sources

Answer

Solicitation for full and open procurement

Answer

Joint Approval Guide

Question 7

Can the COR modify a contract?

Accepted Answer

No

Answer

Yes

Question 8

LPTA stand for:

Accepted Answer

Lowest Price Technically Acceptable

Answer

Last Price To Accept

Answer

None of the listed options

Answer

Leaving Pricing To Acquisition

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