CON 121 Quiz Sections 5-8 - 1 What does the Small Business Administration do to ensure that small businesses get their fair share of government

CON 121 Quiz Sections 5-8 - 1 What does the Small Business...

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1) What does the Small Business Administration do to ensure that smallbusinesses get their fair share of government contracts? [Describe the characteristics ofa socioeconomic program(s).][Remediation Accessed :N] Negotiate annual procurement preference goals with each federal agency Determine the annual procurement goals for each federalagency Negotiate quarterly procurement preference goals with each federal agency Determine the quarterly procurement goals for each federalagency 2) For acquisitions below _________ there is no requirement for you to set-aside the purchase. [Describe the procedures for setting aside an acquisition under the Small Business Act.]$3,000 $2,000 $2,500 $3,5003) The Berry Amendment deals with _________ and __________ items purchased for the Department of Defense. [Identify requirements applicable to acquisitions including foreign acquisition, labor, and environmental issues.]Textile; apparel Mined; quarried Computer; technology Grocery; food4) Which of the following is designed to function much like a revolving charge account? [Describe the simplified acquisition methods.]
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Blanket purchase agreement Unpriced purchase orders Purchase order Imprest fund
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  • Summer '16
  • federal agency, simplified acquisition, Simplified Acquisition Procedures

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