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1.  You have been chosen by a program management office (PMO) to write a purchase order for your expertise in business writing. You have learned that the PMO has already selected a seller for a software product and would like to award the procurement contract to the selected seller as a purchase order which you must prepare. In this scenario, the PMO is administering:

   A) The close procurements process
   B) The administer procurements process
   C) The plan procurements process
   D) The conduct procurements process
   

2.  A seller was notified that they were one of the selected sellers based on their proposal. The seller immediately circulated an internal newsletter stating that they had just been awarded a large contract for a term of 5 years. Would the newsletter be factually correct?

   A) The newsletter is likely to be factually incorrect. A selected seller is one whose proposal has been accepted and a contract has been completed pending signatures of the authorized parties.
   B) It is likely that the newsletter is factually incorrect. While the seller has been selected for the work, it is unlikely that the term of the project would have been 5 years.
   C) It is likely that the newsletter is factually incorrect. A selected seller is one whose proposal has been judged to be in a competitive range. It does not mean they have been awarded the work.
   D) The newsletter is likely to be factually correct. A selected seller is one who has been awarded a contract based on the procurement process.
   

3.  Santa Rosa Valley Farms is conducting a project to install new packing equipment in one of its California farms. One month into the project, Santa Rosa Valley Farms conducts a review to determine how well the installer selected for this project is meeting goals for scope, quality, cost, and schedule. This is an example of ___________.

   A) A procurement performance review
   B) Capacity planning
   C) A project review meeting
   D) An audit
   

4.  For many procurement items, the procuring organization can either prepare its own independent estimates or have an estimate of costs prepared by an outside professional estimator. This estimate serves as a:

   A) Potential-cost estimate
   B) Expected-cost estimate
   C) Benchmark estimate
   D) Must-cost estimate
   

5.  Contractual agreements with unions or other employee groups can require certain roles or reporting relationships. This is an example of:

   A) A gating mechanism.
   B) Mandated Resource planning
   C) A constraint that limits the HR planning process.
   D) Politics