Question 1 1. Which of the following is not one of the three types of specificat
ID: 403293 • Letter: Q
Question
Question 1
1.
Which of the following is not one of the three types of specifications discussed in the text?
Answer
Design specifications
Material specifications
Performance specifications
Functional specifications
Question 2
1.
Which of the following contract types has the greatest risk with the buyer?
Answer
Cost sharing
Cost-Plus-Incentive-Fee
Firm-Fixed-Price
Fixed-Price-Incentive-Fee
Question 3
1.
Which type of cost-plus contract provides the seller with a guaranteed dollar-value profit rather than as a percentage?
Answer
Cost-sharing
Cost-plus-award-fee
Cost-plus-fixed-fee
Cost-plus-incentive-fee
Question 4
1.
An intentional relinquishment of a legal right is a (n):
Answer
Infringement
Breach of contract
Waiver
Termination liability
Question 5
1.
Which type of contract has a sharing ratio and a ceiling on the profit?
Answer
Fixed price
Cost-plus-incentive-fee
Cost-plus-fixed-fee
Cost-sharing
Question 6
1.
Billing the cost of repairs against a financially closed out project is called _____.
Answer
Back charging
Refinancing
Order of precedence
Arbitration
Question 7
1.
Which of the following is generally not part of %u201CConducting the Procurements%u201D?
Answer
Perform a make-or-buy analysis
Confirm qualified sources
Review past performance of sources
Produce a solicitation package
Question 8
1.
A covenant providing restrictions on certain proprietary knowledge is called a:
Answer
Non compete clause
Non disclosure clause
Non conformance clause
Penalty clause
Question 9
1.
Which type of contract has a point of total assumption?
Answer
Cost-plus-incentive-fee
Fixed-price-incentive-fee
Firm-fixed-price
Cost-plus-award-fee
Question 10
1.
Failure to exercise one%u2019s activity in such a manner that a reasonable person would do in a similar situation is:
Answer
Negligence
Liquidated damages
Breach of contract
Privity of contract
Question 11
1.
Which quality guru was heavily involved with quality control charts?
Answer
Deming
Juran
Crosby
Taguchi
Question 12
1.
The collective term for the formal quality activities and processes is called:
Answer
Quality control
Quality assurance
Quality policies
Quality visions
Question 13
1.
Acceptance sampling is a statistical process for evaluating a portion of lot for the purpose of:
Answer
Measuring the weight of each sample
Measuring the length and width of each sample
Measuring the volume of each sample
Acceptance or rejection of the entire lot
Question 14
1.
The plan-do-check-act cycle is attributed to:
Answer
Deming
Juran
Crosby
Taguchi
Question 15
1.
The primary use of control charts is to:
Answer
Prevent defects
Detect defects
Reject defects
All of the above
Question 16
1.
Design of experiments is attributed to:
Answer
Deming
Juran
Crosby
Taguchi
Question 17
1.
If the upper and lower control limits of a process are set at plus or minus three sigma, then what percent of the units produced are expected to satisfy the customer%u2019s requirements?
Answer
68%
95%
99.73%
Impossible to determine
Question 18
1.
A Pareto Diagram is used to:
Answer
Identify and prioritize quality problems.
Identify the best candidate to become project manager
Manage risk
Acquire the executive sponsor%u2019s support for a project
Question 19
1.
Which of the following is not one of the four categories of the cost of quality?
Answer
Prevention
Identification
Internal failures
External failures
Question 20
1.
The balance between quality and cost is called:
Answer
Salability
Produceability
Operability
Availability
Explanation / Answer
1)Functional specifications
2)Cost-Plus-Incentive-Fee
3)Cost-plus-fixed-fee
4) Waiver
5)Cost-sharing
6)Back charging
7)Produce a solicitation package
8) Non compete clause
9)Fixed-price-incentive-fee
10)Negligence
11)Deming
12)Quality policies
13)Acceptance or rejection of the entire lot
14)Deming
15)All of the above
16) Deming
17)68%
18) Identify and prioritize quality problems.
19) Internal failures
20) Produceability
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