BANK 2 VERSIONS 500 QUESTIONS WITH
DETAILED VERIFIED ANSWERS / EXAM
QUESTIONS WILL COME FROM HERE
(100% CORRECT ANSWERS/ A+ GRADED
Which acquisition situation would warrant an exception
to the requirement for certified cost or pricing data?
A. Sole source award
B. Commercial item acquisition
C. Major weapon system acquisition
D. Small business award - ....ANSWER...B. Commercial
item acquisition
Feedback: See FAR 15.403
146. Contracting officers shall provide property to
contractors only when it is clearly demonstrated that:
,A. The contractor requests the use of Government
property.
B. Government property is available.
C. The contractor is unwilling to supply its own resources.
D. The overall benefit to the acquisition significantly
outweighs the increased cost of administration. -
....ANSWER...D. The overall benefit to the acquisition
significantly outweighs the increased cost of
administration.
Feedback: See FAR 45.102
In briefing prenegotiation objectives for approval,
contracting officers should ensure their briefing slides are:
A. Read by the briefer
B. Filled with text
C. Extremely colorful
D. Simple and concise - ....ANSWER...D. Simple and
concise
,Negotiating positions should be developed through which
of the following?
A. Price or cost analysis
B. The independent Government cost estimate (IGCE)
C. Always using a should cost analysis
D. Solely on the price analyst's judgment -
....ANSWER...A. Price or cost analysis
Feedback: See FAR 15.405(a)
Change orders issued under the changes clause of the
contract use which form?
A. SF 30
B. SF 33
C. SF 44
D. SF 1449 - ....ANSWER...A. SF 30
, Feedback: See FAR 43.201(a)
. What is the use of a procedure that is inconsistent with
the FAR?
A. Extraordinary action
B. Exception
C. Deviation
D. Abnormal action - ....ANSWER...C. Deviation
Market research is conducted during which phase of
acquisition? - ....ANSWER...All phases of the acquisition
What is the use of a procedure that is inconsistent with the
FAR? - ....ANSWER...Deviation
Simplified Acquisition Procedures (SAP) should -
....ANSWER...Promote competition to the maximum
extent practicable