A statement of objective (SOO) is: Select one: a. the same as statement of work b. the same as RFQ c. the same as IFB d. a high level description of what the buyer hopes to gain from the deliverable

Three critical components of performance based contracting are: Select one: a. the PWS, QAP, and outcomes analysis b. the PWS, AQL, and outcomes analysis c. the PWS, QAP, and positive/negative incentives d. identical to the critical components of activity based costing

Work for hire refers to work produced by employees and contractors within the scope of their employment contract. Select one: a. true b. false

Which of the following contracting concepts is not associated with competitive procurements? Select one: a. RFP b. IFB c. RFQ d. Sole source bid

Proposals coming from contractors who have unique skills in providing goods and services are called: Select one: a. best and final offers (BAFOs) b. negotiated proposals c. sole source proposals d. unsolicited proposals

Contract administration refers to: Select one: a. preparing and issuing Requests for Proposal (RFPs) b. administering the source selection process c. the process of ensuring that the contractor's performance meets contractual requirements d. administering the contract negotiation process

Unauthorized use of a trademark is called piracy. Select one: a. true b. false

Buybacks are a form of remuneration for licensing by which the licensor buys back stock shares in the licensee's business. Select one: a. true b. false

Under what conditions is an RFQ an appropriate mode of solicitation? Select one: a. When goods and services are already defined b. When dealing with non-routine efforts c. When an award fee can be identified d. When dealing with state-of-art efforts

With performance work statements, attention focuses on defining outcomes. Select one: a. true b. false