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CON 7800 COMMERCIAL
ACQUISITION EXAM QUE STIONS
WITH CORRECT ANSWER S ( A+
GRADED 100% VERIFIED ).
Question : SCENARIO: You have been unable to obtain market pricing to perform a price analysis and the offeror has been unable to provide information on recent prices pald by the goverment and commercial customers for the same or similar product under sumilar terres and condibons.What other information should the contracting officer request from the offeror to aid in making a price reasonableness determination? (Select three that apply).Prices paid for alternative solutions or approaches.
Prices paid for the same or similar products sold under different terms and conditions.
Prices paid for similar levels of work or effort on related products.Mark for follow up »
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CORRECT ANSWER : Prices paid for alternative
solutions or approaches.
Prices paid for the same or similar products sold under different terms and conditions.
Prices paid for similar levels of work or effort on related products.Mark for follow up »
Question : Which changes could trigger a price
adjustment to the baseline pricing models? (Select all that apply).
CORRECT ANSWER : A change in quantity
A change in financing terms Changes in other complexity factors An escalation in material prices
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Question : SCENARIO: You have been assigned as the procuring contracting officer for a services contract. You have assigned your contract specialist to research past procurements of the same or similar services to help determine whether your potential acquisition will meet the definition of a commercial service. To assist them with market research, your assigned contract specialist asks you to describe the characteristics of commercial services.WRONG- "Services that could be offered or sold competitively, in substantial quantities, in the commercial
CORRECT ANSWER : "Services that could be offered
or sold competitively, in substantial quantities, in the commercial
Question : SCENARIO: Three offerors have submitted prices on a firm-fixed-price solicitation. You have done your due diligence to ensure there is no collusion. You have evaluated the offers to ensure that the selected offeror is responsible, and their price is fair and reasonable.Which represents a reasonable next step?
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WRONG- Obtain certified cost or pricing data from each offeror.
CORRECT ANSWER : Obtain certified cost or pricing
data from each offeror.
Question : SCENARIO: You are performing a price analysis for a product procurement. Your colleague suggests using the parametric cost estimating techniques
CORRECT ANSWER : Information pertaining to
characteristics of the product that might have an influence on the price.
Question : SCENARIO: You are looking at catalog pricing data as part of the market research to determine a fair and reasonable price for a proposed service.Which statement is true about catalog pricing
CORRECT ANSWER : If a company routinely provides
various discounts off its established catalog price, then the catalog price would not be reliable to determine a fair and reasonable price.