CON 3900 CONTRACTING FINAL EXAM 2026
ACCURATE CURRENTLY TESTING VERSIONS WITH 150
QUESTIONS WITH DETAILED ANSWERS AND A
COMPREHENSIVE EXAM PREP STUDY GUIDE |
ACCURATE FOR GUARANTEED PASS
Who develops a solicitation?-CORRECT ANSWER - The Government and buyer
Who prepares an offer?-CORRECT ANSWER - The Contractor and seller
During the post-award phase, while the contract is being performed, who is responsible for
quality?-CORRECT ANSWER - The Seller
Openness for the Contracting Officer applies primarily to:-CORRECT ANSWER - The
Acquisition Team, Contractors , Offerors and The Contracting Team
You need to document a business decision, such as the use of a specific type of contract. What
document will you create?-CORRECT ANSWER - Determination and Findings
At the conclusion of negotiations, the Contracting Officer will complete a:-CORRECT
ANSWER - PNM - Price Negotiation Memorandum
Prior to negotiating a sole-source contract, the Contracting Officer must complete:-CORRECT
ANSWER - Justification and Approval
Government business shall be conducted in a manner that is above reproach, with complete
impartiality, and with preferential treatment to none - true or false?-CORRECT ANSWER - True
,No person or other entity may disclose contractor bid or proposal information or source selection
information to any person other than a person authorized in accordance with applicable agency
regulations or procedures, by the agency head or the Contracting Officer to receive such
information - true or false?-CORRECT ANSWER - True
The Anti-Kickback Act of 1986 prohibits any person from:-CORRECT ANSWER - Providing,
attempting to provide or offering to provide any kickback, Soliciting, accepting, or attempting to
accept any kickback and including, directly or indirectly, the amount of any kickback in the
contract price charged by a subcontractor to a prime contractor or a higher tier subcontractor or
in the contract price charged by a prime contractor to the United States.
Federal employees are prohibited from soliciting or accepting gifts offered "because of
employee's official position" or gifts offered by a "prohibited source." True or false?-CORRECT
ANSWER - True
A "personal conflict of interest" is a situation where an individual is employed by a defense
contractor company and is in a position to materially influence DOD's recommendations and/or
decisions and, because of his/her personal activities, relationships or financial interests, may lack
or appear to lack objectivity or appear to unduly influences by personal financial interest. True or
False?-CORRECT ANSWER - True
What are the broad categories of OCI?-CORRECT ANSWER - Unequal access, impaired
objectivity, and biased ground rules
There are three basic approaches available to contractors and the Agency for dealing with OCI
issues, as follows:-CORRECT ANSWER - Avoid, neutralize, and mitigate
The vision of the Federal Acquisition System consists of:-CORRECT ANSWER - Deliver on a
timely basis the best-value products and services to the customer and maintain the public's trust
and fulfill public policy objectives
,Contracting life-cycle costs consist of the following:-CORRECT ANSWER - Acquisition,
supporting, disposal and operating
Market research shall be conducted:-CORRECT ANSWER - On an ongoing basis and
appropriate to the circumstances
IAW FAR 1.102-3, the Acquisition Team consists of participants who will participate in the
acquisition process at the appropriate time. Select the appropriate groups to which these
participants may belong:-CORRECT ANSWER - Customer (end-user), technical personnel,
contracting personnel, contractor personnel
Only the ______ is authorized to award, change, or terminate a contract:-CORRECT ANSWER -
Contracting Officer
The purpose of a post-award orientation is to:-CORRECT ANSWER - Achieve a clear and
mutual understanding of all contract requirements and identify and resolve potential problems
Which authority is legally binding in Government contracting and recognized by the Courts?-
CORRECT ANSWER - Actual Authority
In DoD Contracting, who has the authority to enter into a legally binding contract?-CORRECT
ANSWER - Contracting Officer
Each authority is NOT delegable unless specifically stated otherwise. True or False?-CORRECT
ANSWER - False
Which of the following are the essential elements of a contract?-CORRECT ANSWER -
Capacity, consideration, mutual assent and lawful purpose
, A contract is defined as a mutually binding legal relationship obligating the seller to furnish the
supplies or services (including construction) and the buyer to pay for them. True or False?-
CORRECT ANSWER - True
Capacity is when each party either makes a promise or begins to render performance. True or
False?-CORRECT ANSWER - False
Market research can be ______.-CORRECT ANSWER - Strategic or Tactical
The extent of market research will vary, depending on such factors as urgency, estimated dollar
value, complexity and past experience. True or False.-CORRECT ANSWER - True
Generally, unless an exception applies or is otherwise expressly authorized by statue, Contracting
Officers shall promote and provide for full and open competition in soliciting offers and
awarding Government contracts. True or False?-CORRECT ANSWER - True
The competitive procedures available for use in fulfilling the requirement for full and open
competition are:-CORRECT ANSWER - Sealed bids, competitive proposals, combination of
competitive procedures, and other competitive procedures
Agencies may exclude a particular source from a contract action in order to establish or maintain
an alternative source or sources. These include:-CORRECT ANSWER - Establishing or
maintaining alternate sources, set asides for small business concerns, Section 8(a) competition,
set asides for Hubzone small business concerns, set-asides for economically disadvantaged
women-owned small business (EDWOSB) concerns or women-owned small business (WOSB)
concerns eligible under the WOSB Program and set-asides for local firms during a major disaster
or emergency
The following statutory authorities (including applications and limitations) permit contracting
without providing for full and open competition:-CORRECT ANSWER - Only one responsible
source and no other supplies or services will satisfy agency requirements, unusual and
compelling urgency, national security and public interest
ACCURATE CURRENTLY TESTING VERSIONS WITH 150
QUESTIONS WITH DETAILED ANSWERS AND A
COMPREHENSIVE EXAM PREP STUDY GUIDE |
ACCURATE FOR GUARANTEED PASS
Who develops a solicitation?-CORRECT ANSWER - The Government and buyer
Who prepares an offer?-CORRECT ANSWER - The Contractor and seller
During the post-award phase, while the contract is being performed, who is responsible for
quality?-CORRECT ANSWER - The Seller
Openness for the Contracting Officer applies primarily to:-CORRECT ANSWER - The
Acquisition Team, Contractors , Offerors and The Contracting Team
You need to document a business decision, such as the use of a specific type of contract. What
document will you create?-CORRECT ANSWER - Determination and Findings
At the conclusion of negotiations, the Contracting Officer will complete a:-CORRECT
ANSWER - PNM - Price Negotiation Memorandum
Prior to negotiating a sole-source contract, the Contracting Officer must complete:-CORRECT
ANSWER - Justification and Approval
Government business shall be conducted in a manner that is above reproach, with complete
impartiality, and with preferential treatment to none - true or false?-CORRECT ANSWER - True
,No person or other entity may disclose contractor bid or proposal information or source selection
information to any person other than a person authorized in accordance with applicable agency
regulations or procedures, by the agency head or the Contracting Officer to receive such
information - true or false?-CORRECT ANSWER - True
The Anti-Kickback Act of 1986 prohibits any person from:-CORRECT ANSWER - Providing,
attempting to provide or offering to provide any kickback, Soliciting, accepting, or attempting to
accept any kickback and including, directly or indirectly, the amount of any kickback in the
contract price charged by a subcontractor to a prime contractor or a higher tier subcontractor or
in the contract price charged by a prime contractor to the United States.
Federal employees are prohibited from soliciting or accepting gifts offered "because of
employee's official position" or gifts offered by a "prohibited source." True or false?-CORRECT
ANSWER - True
A "personal conflict of interest" is a situation where an individual is employed by a defense
contractor company and is in a position to materially influence DOD's recommendations and/or
decisions and, because of his/her personal activities, relationships or financial interests, may lack
or appear to lack objectivity or appear to unduly influences by personal financial interest. True or
False?-CORRECT ANSWER - True
What are the broad categories of OCI?-CORRECT ANSWER - Unequal access, impaired
objectivity, and biased ground rules
There are three basic approaches available to contractors and the Agency for dealing with OCI
issues, as follows:-CORRECT ANSWER - Avoid, neutralize, and mitigate
The vision of the Federal Acquisition System consists of:-CORRECT ANSWER - Deliver on a
timely basis the best-value products and services to the customer and maintain the public's trust
and fulfill public policy objectives
,Contracting life-cycle costs consist of the following:-CORRECT ANSWER - Acquisition,
supporting, disposal and operating
Market research shall be conducted:-CORRECT ANSWER - On an ongoing basis and
appropriate to the circumstances
IAW FAR 1.102-3, the Acquisition Team consists of participants who will participate in the
acquisition process at the appropriate time. Select the appropriate groups to which these
participants may belong:-CORRECT ANSWER - Customer (end-user), technical personnel,
contracting personnel, contractor personnel
Only the ______ is authorized to award, change, or terminate a contract:-CORRECT ANSWER -
Contracting Officer
The purpose of a post-award orientation is to:-CORRECT ANSWER - Achieve a clear and
mutual understanding of all contract requirements and identify and resolve potential problems
Which authority is legally binding in Government contracting and recognized by the Courts?-
CORRECT ANSWER - Actual Authority
In DoD Contracting, who has the authority to enter into a legally binding contract?-CORRECT
ANSWER - Contracting Officer
Each authority is NOT delegable unless specifically stated otherwise. True or False?-CORRECT
ANSWER - False
Which of the following are the essential elements of a contract?-CORRECT ANSWER -
Capacity, consideration, mutual assent and lawful purpose
, A contract is defined as a mutually binding legal relationship obligating the seller to furnish the
supplies or services (including construction) and the buyer to pay for them. True or False?-
CORRECT ANSWER - True
Capacity is when each party either makes a promise or begins to render performance. True or
False?-CORRECT ANSWER - False
Market research can be ______.-CORRECT ANSWER - Strategic or Tactical
The extent of market research will vary, depending on such factors as urgency, estimated dollar
value, complexity and past experience. True or False.-CORRECT ANSWER - True
Generally, unless an exception applies or is otherwise expressly authorized by statue, Contracting
Officers shall promote and provide for full and open competition in soliciting offers and
awarding Government contracts. True or False?-CORRECT ANSWER - True
The competitive procedures available for use in fulfilling the requirement for full and open
competition are:-CORRECT ANSWER - Sealed bids, competitive proposals, combination of
competitive procedures, and other competitive procedures
Agencies may exclude a particular source from a contract action in order to establish or maintain
an alternative source or sources. These include:-CORRECT ANSWER - Establishing or
maintaining alternate sources, set asides for small business concerns, Section 8(a) competition,
set asides for Hubzone small business concerns, set-asides for economically disadvantaged
women-owned small business (EDWOSB) concerns or women-owned small business (WOSB)
concerns eligible under the WOSB Program and set-asides for local firms during a major disaster
or emergency
The following statutory authorities (including applications and limitations) permit contracting
without providing for full and open competition:-CORRECT ANSWER - Only one responsible
source and no other supplies or services will satisfy agency requirements, unusual and
compelling urgency, national security and public interest
