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CON 1200V - Final Exam Updated Questions And Answers With 100% Correct Answers Graded A+

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CON 1200V - Final Exam Updated
Questions And Answers With 100%
Correct Answers Graded A+

QUESTIONS AND ANSWERS

Which of the following statements is correct regarding the government's policy for
describing agency needs?


Market research should be used to limit competition to save procurement time.
Restrictive provisions can only be used to the extent necessary to meet agency needs or as
authorized by law
Requirements should be defined in terms that encourage offerors to supply government-
unique items
Prime contractors should not be required to incorporate commercial products as
components of the items being supplied to the agency. ANSWER -Restrictive provisions
can only be used to the extent necessary to meet agency needs or as authorized by
law


Which of the following types of requirements documents state desired outcomes with
associated standards for the services being acquired?


Design oriented document
Guide
Performance oriented document
Standards. ANSWER -Performance oriented document


What statement is true regarding product and service codes?


Product and services codes should be selected based on the main product or service being
purchased

, Most task orders contain only one product or service
Product and services codes do not need to be included in contract actions
Product and service codes indicate why certain product, services, and research and
development was purchased for each contract action. ANSWER -Product and services
codes should be selected based on the main product or service being purchased


When should acquisition planning begin?


When a Source Selection Authority has been identified
When the requirement is received and accepted by the Contracting Officer
When certified funds become available
As soon as the agency need is identified. ANSWER -As soon as the agency need is
identified


According to FAR 7.105, a written acquisition plan has two main parts, which are:


Acquisition background and objectives, and plan of action
Competition, and cost
Performance period requirements, and source selection procedures
Risks, and sources. ANSWER -Acquisition background and objectives, and plan of
action


Which of the following is not a factor to be considered in the determination of whether to
lease or purchase equipment?


Net purchase price of equipment
Cumulative rental payments for the estimated period of use
Prior experience with contractors when leasing equipment
Estimated length of time equipment will be used. ANSWER -Prior experience with
contractors when leasing equipment


Which of following is not a reason for the government to provide Government Furnished
Property (GFP)?


It is in the best interest of the government

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