FCCN Level 1 Exam Questions and
Answers | Federal Contracting
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SECTION 1: FEDERAL ACQUISITION FRAMEWORK (Questions 1-9)
Q1: The Federal Acquisition Regulation (FAR) is the primary regulation governing
federal acquisitions. Which of the following statements about the FAR is correct?
A. The FAR applies only to Department of Defense acquisitions
B. The FAR is codified in Title 48 of the Code of Federal Regulations (CFR)
C. The FAR is updated annually by Congress
D. The FAR does not apply to civilian agencies
Correct Answer: B
Rationale: The FAR is codified in Title 48 of the CFR and applies to all executive branch
agencies (A, D incorrect). It is updated through the FAR Council, not annually by
Congress (C).
Q2: The Competition in Contracting Act (CICA) requires that contracting officers:
A. Always award to the lowest bidder
,B. Provide for full and open competition to the maximum extent practicable
C. Avoid competition to save time
D. Use only sealed bidding
Correct Answer: B
Rationale: CICA requires full and open competition to the maximum extent practicable,
with limited exceptions. Option A is not always true (negotiated acquisitions allow
tradeoffs). Option C violates CICA. Option D is one method, not exclusive.
Q3: Which FAR Part addresses competition requirements?
A. FAR Part 3
B. FAR Part 6
C. FAR Part 12
D. FAR Part 15
Correct Answer: B
Rationale: FAR Part 6 addresses competition requirements. Part 3 (A) is improper
business practices. Part 12 (C) is acquisition of commercial items. Part 15 (D) is
contracting by negotiation.
Q4: A justification and approval (J&A) is required when:
A. Using sealed bidding
B. Using full and open competition
,C. Using a non-competitive (sole source) action
D. Awarding to a small business
Correct Answer: C
Rationale: A J&A is required to justify non-competitive actions under FAR 6.3.
Competitive actions (A, B) do not require J&A. Small business awards (D) may be
competitive or non-competitive; if non-competitive, J&A still required.
Q5: The statutory threshold for simplified acquisition procedures is currently:
A. $150,000
B. $250,000
C. $500,000
D. $2,000,000
Correct Answer: B
Rationale: The simplified acquisition threshold (SAT) is $250,000. Micro-purchase
threshold is $10,000 (higher for certain conditions). TINA threshold is $2,000,000 (D).
Q6: The Federal Acquisition Streamlining Act of 1994 (FASA) primarily focused on:
A. Increasing paperwork requirements
B. Streamlining acquisition processes and promoting commercial item acquisition
C. Eliminating small business programs
D. Requiring cost-reimbursement contracts for all acquisitions
, Correct Answer: B
Rationale: FASA streamlined acquisition processes and encouraged commercial item
acquisition. It did not increase paperwork (A), eliminate small business programs (C), or
require cost-reimbursement (D).
Q7: The acquisition lifecycle in federal contracting includes all of the following phases
EXCEPT:
A. Planning
B. Solicitation and evaluation
C. Contract administration
D. Profit calculation
Correct Answer: D
Rationale: The acquisition lifecycle includes planning, solicitation/evaluation, award,
and contract administration. Profit calculation is part of pricing, not a lifecycle phase.
Q8: The Office of Federal Procurement Policy (OFPP) is responsible for:
A. Issuing procurement regulations for DoD only
B. Providing overall direction for government-wide procurement policies
C. Awarding all federal contracts
D. Auditing contractor costs
Correct Answer: B
Answers | Federal Contracting
Certification Network | Complete
Solutions 100% Verified
SECTION 1: FEDERAL ACQUISITION FRAMEWORK (Questions 1-9)
Q1: The Federal Acquisition Regulation (FAR) is the primary regulation governing
federal acquisitions. Which of the following statements about the FAR is correct?
A. The FAR applies only to Department of Defense acquisitions
B. The FAR is codified in Title 48 of the Code of Federal Regulations (CFR)
C. The FAR is updated annually by Congress
D. The FAR does not apply to civilian agencies
Correct Answer: B
Rationale: The FAR is codified in Title 48 of the CFR and applies to all executive branch
agencies (A, D incorrect). It is updated through the FAR Council, not annually by
Congress (C).
Q2: The Competition in Contracting Act (CICA) requires that contracting officers:
A. Always award to the lowest bidder
,B. Provide for full and open competition to the maximum extent practicable
C. Avoid competition to save time
D. Use only sealed bidding
Correct Answer: B
Rationale: CICA requires full and open competition to the maximum extent practicable,
with limited exceptions. Option A is not always true (negotiated acquisitions allow
tradeoffs). Option C violates CICA. Option D is one method, not exclusive.
Q3: Which FAR Part addresses competition requirements?
A. FAR Part 3
B. FAR Part 6
C. FAR Part 12
D. FAR Part 15
Correct Answer: B
Rationale: FAR Part 6 addresses competition requirements. Part 3 (A) is improper
business practices. Part 12 (C) is acquisition of commercial items. Part 15 (D) is
contracting by negotiation.
Q4: A justification and approval (J&A) is required when:
A. Using sealed bidding
B. Using full and open competition
,C. Using a non-competitive (sole source) action
D. Awarding to a small business
Correct Answer: C
Rationale: A J&A is required to justify non-competitive actions under FAR 6.3.
Competitive actions (A, B) do not require J&A. Small business awards (D) may be
competitive or non-competitive; if non-competitive, J&A still required.
Q5: The statutory threshold for simplified acquisition procedures is currently:
A. $150,000
B. $250,000
C. $500,000
D. $2,000,000
Correct Answer: B
Rationale: The simplified acquisition threshold (SAT) is $250,000. Micro-purchase
threshold is $10,000 (higher for certain conditions). TINA threshold is $2,000,000 (D).
Q6: The Federal Acquisition Streamlining Act of 1994 (FASA) primarily focused on:
A. Increasing paperwork requirements
B. Streamlining acquisition processes and promoting commercial item acquisition
C. Eliminating small business programs
D. Requiring cost-reimbursement contracts for all acquisitions
, Correct Answer: B
Rationale: FASA streamlined acquisition processes and encouraged commercial item
acquisition. It did not increase paperwork (A), eliminate small business programs (C), or
require cost-reimbursement (D).
Q7: The acquisition lifecycle in federal contracting includes all of the following phases
EXCEPT:
A. Planning
B. Solicitation and evaluation
C. Contract administration
D. Profit calculation
Correct Answer: D
Rationale: The acquisition lifecycle includes planning, solicitation/evaluation, award,
and contract administration. Profit calculation is part of pricing, not a lifecycle phase.
Q8: The Office of Federal Procurement Policy (OFPP) is responsible for:
A. Issuing procurement regulations for DoD only
B. Providing overall direction for government-wide procurement policies
C. Awarding all federal contracts
D. Auditing contractor costs
Correct Answer: B
