CLM 059 Fundamentals of Small Business for the Acquisition Workforce Exam with Answers Pass:

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1. You have been contacted by a small business, and you want to verify they are registered to do business with the Federal Government. What system should you use? Contractor Performance Assessment Re... ports System (CPARS) Past Performance Information Retrieval System (PPIRS) Federal Procurement Data System Next Generation (FPDS-NG) System for Award Management (SAM) 2. Which of the following can affect acquisition regulations and policies that influence small business? Select three that apply. Legislation Inspector General (KG) Recommendations Court Decisions Modification 3. Access Federal Acquisition Regulation (FAR) Part 19.402 and use it to answer the following question. (HTTP:www.acquisition.gov/content/part-19-smaill-business-program#i1101041) What is the role of the Small Business Administration (SBA) Procurement Center Representative (PCR) in an acquisition? Select two that apply. Impose penalties on a contracting activity if they do not meet mandated small business participation goals. Conduct periodic reviews of the contracting activity to which assigned to ascertain whether is complying with the small business policies in the Federal Acquisition Regulation (FAR). Require the contracting activity to award a contract to a specific small business. Review proposed acquisitions to recommend set-aside or other strategies that will increase small business utilization. 4. What tasks might a contracting Officer Representative (COR) perform during the Post Award phase of an acquisition? Select three that apply. Receiving, inspecting and accepting deliverables Participating in source selection Reviewing and approving invoices Documenting performance 5. Which of the following attributes should a Small Business Professional possess in order to be effective? Aggressive Timid Demanding Ethical 6. In competitive DoD acquisitions greater than $100M, who is responsible for appointing the Source Selection Authority (SSA)? Program Manager Source Selection Advisor Council (SSAC) Agency head Contracting Officer 7. Which market research method is used to advertise that the Government is looking to locate potential small business sources for an agency identified requirement? Request for Proposal Sources Sought Notice announcement Search Government databases for similar procurements Ask the Contracting Officer for suggestions. 8. Legislation that impacts regulations and policy are generated by whom? Small Business Administration (SBA) Office of Management and Budget (OMB) Federal Acquisition Regulation (FAR) Council Congress 9. What can the results of market research help the acquisition team do? Select three that apply. Identify industry capabilities Determine which offeror is the best Define requirements Determine if a set-aside is feasible 10. As a Small Business Professional, you maintain awareness of overall market developments that relate to the products and services your agency typically acquires and continuously update a local database of potential small businesses. What type of market research is this? Tactical Forecasting Strategic Socioeconomic 11. Open the Small Business Administration (SBA) Small Business Size Standards table PDF at the following link: https://wwww.sba.gov/sites/default/files/2019-08/SBA%20Table%20of%Size %20Standards_Effective%20Aug%2019%2C%202019_Rev.pdf. Find the size standard for North American Industry Classification System (NAICS) code 561720, Janitorial Services. $8.0 million $19.5 million $12.0 million $22.0 million 12. What was the Small Business Administration (SBA) created to do? Select three that apply. Maintain and strengthen the overall economy of our nation Provide oversight on the Department of Defense (DoD) administered smaill business programs Preserve free competitive enterprise Aid, counsel, assist and protect the interests of small business concerns 13. Which team member services as his or her agency's principal advisor and advocate for meeting mission requirements using small businesses to the maximum extent possible? Small Business Professional Program Manager Small Business Administration (SBA) Procurement Center Representative Contracting Officer 14. Who provides policy and oversight for the Department of Defense (DoD) Small Business Programs through the operation of Component Small Business Program offices across Department of Defense (DoD)? The Military Departments and Other Defense Agencies Small Business Program offices The Small Business Administration (SBA) The Undersecretary of Defense (OUSD) for Acquisition, Technology, and Logistics (AT&L) The department of Defense (DoD) Office of Small Business Programs (OSBP). 15. What must the acquisition team do to determine that consolidation of contract requirements in excess of $2 million is necessary and justified? Perform an analysis and demonstrate that the advantages of the proposed consolidation? substantially exceed? those of each alternative strategy. The Program Manager and the contracting Officer must agree that consolidation is in the best interest of the Government. Perform a business case analysis and submit the results to the Small Business Administration (SBA) for authorization to consolidate contract requirements. Get permission from the customer and the DoD Office of Small Business Programs (OSBP). 16. A large business tells you that they have heard they can get a %% rebate for subcontracts to certain types of [Show More]

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