CON 3990V Certification Exam Study Guide | 150
Practice Questions with Answers in Bold Italic &
Detailed Rationales – Federal Acquisition
Regulation (FAR) Test Bank | PDF
⭐⭐⭐⭐⭐ *"This is the most comprehensive CON 3990V study guide I've found. The
questions mirror the actual exam format, and the detailed rationales explain why each answer is
correct. Perfect for FAC-C and DAWIA candidates."*
This test bank includes 150 questions covering all required competencies for the CON
3990V Contracting Certification Exam:
Section Topic Question
Numbers
1 Guiding Principles – Skills, Roles, and 1-33
Contract Principles
2 Pre-Award – Develop Solicitation & Request 34-60
Offer
3 Award – Form Contract, Price/Cost Analysis, 61-90
Negotiation, Select Source
4 Post-Award – Contract Administration, 91-120
Quality, Subcontracts, Changes, Closeout
5 FAR Part Titles and Key Definitions 121-150
, SECTION 1: Guiding Principles – Skills, Roles, and Contract Principles (
This section covers FAR Part 1 (Federal Acquisition Regulations System), FAR Part 2
(Definitions), FAR Part 3 (Improper Business Practices), and foundational contract
principles .
1. Which FAR part sets forth the basic policies and general information about the
Federal Acquisition Regulations System?
A) FAR Part 1
B) FAR Part 2
C) FAR Part 3
D) FAR Part 4
Answer: A) FAR Part 1
**Rationale: FAR Part 1 establishes the purpose, authority, applicability, and basic
structure of the Federal Acquisition Regulations System. It defines the roles of the FAR
Council, agency regulations, and deviation procedures .
2. According to FAR Part 2, what is the definition of a "contract"?
A) Any agreement between government agencies
B) A mutually binding legal relationship obligating the seller to furnish supplies/services and
the buyer to pay for them
C) Any purchase order issued by a contracting officer
D) A memorandum of understanding between departments
Answer: B) A mutually binding legal relationship obligating the seller to furnish
supplies/services and the buyer to pay for them
**Rationale: FAR 2.101 defines a contract as a mutually binding legal relationship
obligating the seller to furnish supplies or services and the buyer to pay for them. This
includes all types of commitments that obligate the government .
3. Which of the following is a valid element of a legally binding contract?
, A) Mutual assent
B) Unilateral consideration
C) Verbal agreement only
D) Performance within 30 days
Answer: A) Mutual assent
**Rationale: The four elements of a legally binding contract are: mutual assent (offer and
acceptance), consideration, competent parties, and lawful purpose. All must be present for
a contract to be enforceable .
4. Which FAR part covers "Improper Business Practices and Personal Conflicts of
Interest"?
A) FAR Part 1
B) FAR Part 3
C) FAR Part 5
D) FAR Part 7
Answer: B) FAR Part 3
***Rationale: FAR Part 3 addresses improper business practices, including gratuities,
kickbacks, contingent fees, and personal conflicts of interest for government employees. It
implements the Anti-Kickback Act and other ethics statutes .*
5. The Anti-Kickback Act of 1986 prohibits any person from:
A) Providing services to the government below cost
B) Providing, soliciting, or accepting any kickback in connection with a government contract
C) Competing for contracts without registration
D) Subcontracting without approval
Answer: B) Providing, soliciting, or accepting any kickback in connection with a
government contract
**Rationale: The Anti-Kickback Act prohibits anyone from providing, attempting to
provide, soliciting, accepting, or attempting to accept any kickback in connection with a
government contract. Violations are subject to criminal penalties .
6. According to FAR 3.101-2, what is the standard of conduct for government
employees?
, A) Employees may accept gifts under $50
B) Employees shall not give preferential treatment to any private organization or individual
C) Employees may contract with family members
D) Employees may accept travel payments from contractors
Answer: B) Employees shall not give preferential treatment to any private
organization or individual
***Rationale: FAR 3.101-2 states that government employees shall not give preferential
treatment to any private organization or individual, and shall not use public office for private
gain. This reflects the principles of integrity and impartiality.*
7. What is the purpose of a Procurement Integrity Act certification?
A) To certify that all subcontractors are registered
B) To ensure contractors certify the accuracy of cost data
C) To prevent the release of source selection information and protect against conflicts of
interest
D) To verify contractor bonding capacity
Answer: C) To prevent the release of source selection information and protect
against conflicts of interest
***Rationale: The Procurement Integrity Act (41 USC 2101-2107) prohibits the release of
source selection information and restricts former government officials from accepting
compensation from contractors. It requires certifications to ensure compliance.*
8. Which of the following is considered a "contract action" under FAR definitions?
A) A budget request submitted to Congress
B) Any oral or written action that results in the purchase, rent, or lease of supplies, services,
or construction
C) A market research survey
D) A pre-solicitation notice
Answer: B) Any oral or written action that results in the purchase, rent, or lease of
supplies, services, or construction
**Rationale: FAR 2.101 defines a contract action as any oral or written action that results
in the purchase, rent, or lease of supplies or equipment, services, or construction .
Practice Questions with Answers in Bold Italic &
Detailed Rationales – Federal Acquisition
Regulation (FAR) Test Bank | PDF
⭐⭐⭐⭐⭐ *"This is the most comprehensive CON 3990V study guide I've found. The
questions mirror the actual exam format, and the detailed rationales explain why each answer is
correct. Perfect for FAC-C and DAWIA candidates."*
This test bank includes 150 questions covering all required competencies for the CON
3990V Contracting Certification Exam:
Section Topic Question
Numbers
1 Guiding Principles – Skills, Roles, and 1-33
Contract Principles
2 Pre-Award – Develop Solicitation & Request 34-60
Offer
3 Award – Form Contract, Price/Cost Analysis, 61-90
Negotiation, Select Source
4 Post-Award – Contract Administration, 91-120
Quality, Subcontracts, Changes, Closeout
5 FAR Part Titles and Key Definitions 121-150
, SECTION 1: Guiding Principles – Skills, Roles, and Contract Principles (
This section covers FAR Part 1 (Federal Acquisition Regulations System), FAR Part 2
(Definitions), FAR Part 3 (Improper Business Practices), and foundational contract
principles .
1. Which FAR part sets forth the basic policies and general information about the
Federal Acquisition Regulations System?
A) FAR Part 1
B) FAR Part 2
C) FAR Part 3
D) FAR Part 4
Answer: A) FAR Part 1
**Rationale: FAR Part 1 establishes the purpose, authority, applicability, and basic
structure of the Federal Acquisition Regulations System. It defines the roles of the FAR
Council, agency regulations, and deviation procedures .
2. According to FAR Part 2, what is the definition of a "contract"?
A) Any agreement between government agencies
B) A mutually binding legal relationship obligating the seller to furnish supplies/services and
the buyer to pay for them
C) Any purchase order issued by a contracting officer
D) A memorandum of understanding between departments
Answer: B) A mutually binding legal relationship obligating the seller to furnish
supplies/services and the buyer to pay for them
**Rationale: FAR 2.101 defines a contract as a mutually binding legal relationship
obligating the seller to furnish supplies or services and the buyer to pay for them. This
includes all types of commitments that obligate the government .
3. Which of the following is a valid element of a legally binding contract?
, A) Mutual assent
B) Unilateral consideration
C) Verbal agreement only
D) Performance within 30 days
Answer: A) Mutual assent
**Rationale: The four elements of a legally binding contract are: mutual assent (offer and
acceptance), consideration, competent parties, and lawful purpose. All must be present for
a contract to be enforceable .
4. Which FAR part covers "Improper Business Practices and Personal Conflicts of
Interest"?
A) FAR Part 1
B) FAR Part 3
C) FAR Part 5
D) FAR Part 7
Answer: B) FAR Part 3
***Rationale: FAR Part 3 addresses improper business practices, including gratuities,
kickbacks, contingent fees, and personal conflicts of interest for government employees. It
implements the Anti-Kickback Act and other ethics statutes .*
5. The Anti-Kickback Act of 1986 prohibits any person from:
A) Providing services to the government below cost
B) Providing, soliciting, or accepting any kickback in connection with a government contract
C) Competing for contracts without registration
D) Subcontracting without approval
Answer: B) Providing, soliciting, or accepting any kickback in connection with a
government contract
**Rationale: The Anti-Kickback Act prohibits anyone from providing, attempting to
provide, soliciting, accepting, or attempting to accept any kickback in connection with a
government contract. Violations are subject to criminal penalties .
6. According to FAR 3.101-2, what is the standard of conduct for government
employees?
, A) Employees may accept gifts under $50
B) Employees shall not give preferential treatment to any private organization or individual
C) Employees may contract with family members
D) Employees may accept travel payments from contractors
Answer: B) Employees shall not give preferential treatment to any private
organization or individual
***Rationale: FAR 3.101-2 states that government employees shall not give preferential
treatment to any private organization or individual, and shall not use public office for private
gain. This reflects the principles of integrity and impartiality.*
7. What is the purpose of a Procurement Integrity Act certification?
A) To certify that all subcontractors are registered
B) To ensure contractors certify the accuracy of cost data
C) To prevent the release of source selection information and protect against conflicts of
interest
D) To verify contractor bonding capacity
Answer: C) To prevent the release of source selection information and protect
against conflicts of interest
***Rationale: The Procurement Integrity Act (41 USC 2101-2107) prohibits the release of
source selection information and restricts former government officials from accepting
compensation from contractors. It requires certifications to ensure compliance.*
8. Which of the following is considered a "contract action" under FAR definitions?
A) A budget request submitted to Congress
B) Any oral or written action that results in the purchase, rent, or lease of supplies, services,
or construction
C) A market research survey
D) A pre-solicitation notice
Answer: B) Any oral or written action that results in the purchase, rent, or lease of
supplies, services, or construction
**Rationale: FAR 2.101 defines a contract action as any oral or written action that results
in the purchase, rent, or lease of supplies or equipment, services, or construction .
