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REC DECK TEST Flashcards

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1
Q

How many total days for ROS Team investigation?

A

20 Days

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2
Q

What is Post Count Validation?

A

A comparison of physical count with recorded balances and consideration of transactions that have occurred during the time of the physical count but have not been posted to the records

The purpose is to determine the validity of the count.

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3
Q

What ends Post Count Validation research?

A

When the accuracy of the count has been verified

If a discrepancy still exists, further research is required.

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4
Q

What is the purpose of Pre-Adjustment Research?

A

To determine the correct balance

Involves storeroom/warehouse search counts, recent transactions, and verification of FED LOG data.

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5
Q

What is Causative Research?

A

An investigation of discrepancies consisting of a complete review of all transactions and supporting documentation

Aims to identify, analyze, and evaluate the cause of inventory discrepancies.

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6
Q

What are the three views of the Personal Property PAR?

A

Executive, RST/District/Correction Boards

The PAR color code indicates performance levels.

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7
Q

What does the PAR color code signify?

A

Red < 95%, Yellow 95-97%, Green 98-100%

Indicates the performance level of the personal property management.

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8
Q

What are the six steps in Corrective Action?

A
  • Review
  • Evaluate
  • Assign
  • Prioritize
  • Correct
  • Report

These steps guide the corrective action process.

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9
Q

What is FAR Part 1 about?

A

Federal Acquisition Regulations System

Establishes the framework for federal acquisition regulations.

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10
Q

What is the focus of FAR Part 3?

A

Improper Business Practices and Personal Conflicts of Interest

Addresses ethical standards in government contracting.

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11
Q

What are Tier I violations?

A
  • Purchasing inappropriate supplies
  • Making a split purchase
  • Carelessly making an unauthorized purchase
  • Violating DHS or Component level purchase card policies
  • Neglecting to record purchases in the Bank purchase card log
  • Failing to complete the review and/or approval process

These are minor violations that require written warnings.

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12
Q

What actions are taken for Tier II violations?

A

Notify the CPOPC to suspend the account and require additional training for cardholders

An action plan for corrective action must be submitted to reinstate the account.

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13
Q

What constitutes a Tier III violation?

A
  • Use of the purchase card for unofficial purposes
  • Making false statements or committing fraud
  • Negligence in performing official duties
  • Purchasing personal items
  • Allowing a non-cardholder to use the purchase card

These are serious violations subject to disciplinary actions, including dismissal.

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14
Q

What is the new reportable property threshold?

A

$5,000.00

Previously, the threshold was $2,500.00.

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15
Q

What does PEACE stand for in risk management?

A
  • Planning
  • Event Complexity
  • Assets
  • Communication and Supervision
  • Environment

Essential elements for safe and effective mission execution.

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16
Q

What is the acronym STAAR in risk mitigation/control?

A
  • Spread Out
  • Transfer
  • Avoid
  • Accept
  • Reduce

Strategies used to mitigate/control risk.

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17
Q

What does ACE stand for in suicide prevention?

A
  • Ace
  • Care
  • Escort

A framework for responding to individuals in crisis.

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18
Q

What does FAR Part 1 cover?

A

Federal Acquisition Regulations System

This part establishes the overall structure and authority of the FAR.

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19
Q

What is addressed in FAR Part 2?

A

Definitions of Words and Terms

This part provides specific definitions critical for understanding the FAR.

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20
Q

What is the focus of FAR Part 3?

A

Improper Business Practices and Personal Conflicts of Interest

This part outlines regulations to avoid unethical practices in government contracting.

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21
Q

What does FAR Part 4 pertain to?

A

Administrative and Information Matters

This part deals with administrative processes related to government acquisitions.

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22
Q

What is the purpose of FAR Part 5?

A

Publicizing Contract Actions

This part mandates how contract actions should be announced to promote transparency.

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23
Q

What does FAR Part 6 cover?

A

Competition Requirements

This part establishes the need for competition in government contracts to ensure fairness.

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24
Q

What is the focus of FAR Part 7?

A

Acquisition Planning

This part emphasizes the importance of planning in the acquisition process.

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25
What does FAR Part 8 address?
Required Sources of Supplies and Services ## Footnote This part lists mandatory sources from which government agencies must procure supplies and services.
26
What is the subject of FAR Part 9?
Contractor Qualifications ## Footnote This part outlines the criteria that contractors must meet to be eligible for government contracts.
27
What does FAR Part 10 focus on?
Market Research ## Footnote This part outlines the need for conducting market research to inform acquisition decisions.
28
What is the emphasis of FAR Part 11?
Describing Agency Needs ## Footnote This part provides guidance on how agencies should articulate their procurement needs.
29
What does FAR Part 12 pertain to?
Acquisition of Commercial Products and Commercial Services ## Footnote This part facilitates the procurement of commercial items by the government.
30
What is the focus of FAR Part 13?
Simplified Acquisition Procedures ## Footnote This part describes streamlined procedures for acquiring goods and services under a certain dollar threshold.
31
What does FAR Part 14 cover?
Sealed Bidding ## Footnote This part outlines the process for obtaining bids in a sealed manner to ensure confidentiality and fairness.
32
What is the subject of FAR Part 15?
Contracting by Negotiation ## Footnote This part discusses the processes and policies related to negotiating contracts.
33
What does FAR Part 16 define?
Types of Contracts ## Footnote This part categorizes the various types of contracts available for government procurement.
34
What is addressed in FAR Part 17?
Special Contracting Methods ## Footnote This part focuses on alternative methods of contracting that may be employed under specific circumstances.
35
What does FAR Part 18 cover?
Emergency Acquisitions ## Footnote This part provides guidelines for expedited acquisition processes during emergencies.
36
What is the focus of FAR Part 19?
Small Business Programs ## Footnote This part promotes the inclusion of small businesses in government contracting opportunities.
37
What does FAR Part 22 discuss?
Application of Labor Laws to Government Acquisitions ## Footnote This part outlines how labor laws apply to contracts awarded by the government.
38
What is the emphasis of FAR Part 23?
Environment, Energy and Water Efficiency, Renewable Energy Technologies, Occupational Safety, and Drug-Free Workplace ## Footnote This part addresses sustainable practices and safety in government acquisitions.
39
What does FAR Part 24 focus on?
Protection of Privacy and Freedom of Information ## Footnote This part outlines regulations concerning the safeguarding of private and sensitive information.
40
What is covered in FAR Part 25?
Foreign Acquisition ## Footnote This part provides guidelines for acquiring goods and services from foreign sources.
41
What is the subject of FAR Part 26?
Other Socioeconomic Programs ## Footnote This part discusses various socioeconomic initiatives related to government contracting.
42
What does FAR Part 27 pertain to?
Patents, Data, and Copyrights ## Footnote This part addresses the management and rights related to intellectual property in government contracts.
43
What is the focus of FAR Part 28?
Bonds and Insurance ## Footnote This part outlines requirements for bonds and insurance related to government contracts.
44
What does FAR Part 29 cover?
Taxes ## Footnote This part specifies the tax obligations associated with government contracts.
45
What is addressed in FAR Part 30?
Cost Accounting Standards Administration ## Footnote This part governs the administration of cost accounting standards for contractors.
46
What does FAR Part 31 define?
Contract Cost Principles and Procedures ## Footnote This part outlines the principles and procedures for determining allowable costs under government contracts.
47
What is the subject of FAR Part 32?
Contract Financing ## Footnote This part discusses the financing options available for government contracts.
48
What does FAR Part 33 cover?
Protests, Disputes, and Appeals ## Footnote This part provides procedures for resolving conflicts related to government contracts.
49
What is the focus of FAR Part 34?
Major System Acquisition ## Footnote This part outlines the processes for acquiring major systems in government procurement.
50
What does FAR Part 35 pertain to?
Research and Development Contracting ## Footnote This part discusses the specific regulations for contracting in R&D projects.
51
What is addressed in FAR Part 36?
Construction and Architect-Engineer Contracts ## Footnote This part outlines the requirements for contracts related to construction and engineering services.
52
What is the emphasis of FAR Part 37?
Service Contracting ## Footnote This part focuses on the regulations governing service contracts in government procurement.
53
What does FAR Part 38 cover?
Federal Supply Schedule Contracting ## Footnote This part details the procedures for contracting under the Federal Supply Schedule.
54
What is the focus of FAR Part 39?
Acquisition of Information Technology ## Footnote This part outlines the regulations for acquiring IT products and services.
55
What does FAR Part 40 pertain to?
Information Security and Supply Chain Security ## Footnote This part addresses security requirements for information and supply chains in government contracting.
56
What is covered in FAR Part 41?
Acquisition of Utility Services ## Footnote This part outlines the procedures for procuring utility services by the government.
57
What is the subject of FAR Part 42?
Contract Administration and Audit Services ## Footnote This part discusses the administration and auditing processes for government contracts.
58
What does FAR Part 43 cover?
Contract Modifications ## Footnote This part outlines the procedures for modifying existing contracts.
59
What is the focus of FAR Part 44?
Subcontracting Policies and Procedures ## Footnote This part provides guidelines for subcontracting within government contracts.
60
What does FAR Part 45 address?
Government Property ## Footnote This part outlines the management and use of government property in contracts.
61
What is the emphasis of FAR Part 46?
Quality Assurance ## Footnote This part discusses the quality assurance measures required in government contracting.
62
What does FAR Part 47 cover?
Transportation ## Footnote This part outlines the regulations governing the transportation of goods in government contracts.
63
What is the subject of FAR Part 48?
Value Engineering ## Footnote This part discusses methods to improve the value of projects through cost-effective practices.
64
What does FAR Part 49 address?
Termination of Contracts ## Footnote This part outlines the procedures for terminating government contracts.
65
What is the focus of FAR Part 50?
Extraordinary Contractual Actions and the safety act ## Footnote This part provides guidelines for unusual contractual actions and safety requirements.
66
What does FAR Part 51 cover?
Use of Government Sources by Contractors ## Footnote This part outlines the regulations regarding contractors' use of government resources.
67
What is the subject of FAR Part 52?
Solicitation Provisions and Contract Clauses ## Footnote This part includes the standard provisions and clauses used in government solicitations and contracts.
68
What does FAR Part 53 pertain to?
Forms ## Footnote This part provides the necessary forms used in federal procurement processes.

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