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5) Which one of the following statements best represents abusiness case where government property should be provided?mig_101735101
4) One of the key characteristics that differentiates the varioustypes of incentive contracts is whether or not objective targets canbe established for performance. Which incentive type contract ismost appropriate when objective targets for performance can beestablished?Fixed-price award feeFirm-fixed priceCost-plus-award-feeCost-plus-incentive-fee
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/Business-Its-Legal-Ethical-and-Global-Environment-11th-Edition-9781337103572-289/
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Chapter 11 / Exercise 11.9
Business: Its Legal, Ethical, and Global Environment
Jennings
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The contractor claims an inability or unwillingness to supply its ownresources, and the government has that property available.6) The Acquisition Team for the Night Rider Stealth System ismeeting to discuss the Acquisition Plan. Who has overallresponsibility for acquisition planning?mig_101735201
7) Within the DoD, a written Acquisition Plan is required fordevelopment programs when the total cost of all contracts for theacquisition program has an estimated value at or exceeding whatvalue?
8) All of the following factors must be considered whendetermining the depth and breadth of acquisition planningrequired: the complexity of the requirement, acquisition history,dollar size of the acquisition, and the urgency of the need.
9) When examining the effectiveness of award and incentive feesin Department of Defense (DoD) contracts, the GovernmentAccountability Office (GAO) found that the power of monetaryincentives to motivate excellent contractor performance and
improve acquisition outcomes is diluted by the way DoD structuresand implements incentives.TrueFalse
10) Contractor Z's employees engaged in horseplay while on thejob resulting in $50,000 damage to government property. Z'smanagement personnel were not involved and did not find outabout it until afterward. It is unchallenged that those employeeswere the cause of the damage. Which statement best describeswho is liable for that damage?The government is liable because management personnel were notinvolved in the damage.The contractor is liable even though management was not involved.The government is liable unless it was a cost reimbursement contract.The individual employees are liable since they did the damage.
11) You are assessing whether to provide government property aspart of your acquisition planning. A unique piece of test equipmentwas provided by the government on the previous contract. Thereare concerns that it may not be compatible with the currentgeneration technology. Which risk must you address in theAcquisition Plan?

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Term
Spring
Professor
N/A
Tags
Contractual term, General contractor, Defense Contract Audit Agency
We have textbook solutions for you!
The document you are viewing contains questions related to this textbook.
Business: Its Legal, Ethical, and Global Environment
The document you are viewing contains questions related to this textbook.
Chapter 11 / Exercise 11.9
Business: Its Legal, Ethical, and Global Environment
Jennings
Expert Verified

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