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CON 3990 TEST FINAL EXAM AND PRACTICE EXAM
2026/2027 BANK 2 VERSIONS 500 QUESTIONS WITH
DETAILED VERIFIED ANSWERS|| VERIFIED EXAM
QUESTIONS WILL COME FROM HERE (100%
CORRECT ANSWERS/ A+ GRADED||NEWEST EXAM!!!
Which of the following is a commercial item? - Answer-A
non-developmental item, if the procuring agency
determines the item was developed exclusively at private
expense and sold in substantial quantities, on a
competitive basis, to multiple state and local governments.
Consolidating two or more requirements for supplies or
services, previously provided or performed under separate
smaller contracts into a solicitation for a single contract
that is likely to be unsuitable for award to a small business
concern.
a. best value
b. performance-based acquisition
c. bundling
d. non-developmental item - Answer-bundling
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Which of the following are included in the definition of
"contracts"?
a. Awards and notices of awards and grants
b. Letter contracts and cooperative agreements
c. Letter contracts and job orders
d. Blanket purchase agreements and imprest funds -
Answer-Letter contracts and job orders
The government can minimize the opportunity for buying
in by using - Answer-multiyear contracting, priced options,
and amortization of nonrecurring costs.
A contractor's arrangements to pay contingent fees for
soliciting government contracts have long been
considered contrary to public policy because
a. they discourage competition.
b. they may lead to exercise of improper influence.
c. they result in excessive overhead costs.
d. accountability of costs is difficult to track. - Answer-they
may lead to exercise of improper influence.
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is any money, fee, commission, credit, gift, gratuity, thing
of value, or compensation of any kind which is provided,
directly or indirectly, to any prime contractor, prime
contractor, employee, subcontractor, or subcontractor
employee for the purpose of improperly obtaining or
rewarding favorable treatment in connection with a prime
contractor in connection with a subcontract relating to a
prime contract. - Answer-kickback
How often are statutory acquisition-related dollar
thresholds in the FAR adjusted for inflation? - Answer-
Every five years
A form of written approval signed by an authorized official
that is required by statute or regulation as a prerequisite to
taking certain contract actions is defined as a - Answer-
Determination and Findings
Contracting officers below the level of __________ shall
be selected and appointed. - Answer-a head of a
contracting activity
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According to the FAR conventions at Subpart 1.1, each
authority is delagable unless - Answer-specifically stated
otherwise
When an imperative sentence directs action in the FAR,
who is responsible for the action unless another party is
expressly cited?
a. the head of contracting activity
b. the Secretary of the Army
c. the contracting officer
d. the contracting specialist - Answer-the contracting
officer
Unauthorized commitments are agreements that are NOT
binding solely because - Answer-the government
representative who made the agreement lacked the
authority to enter it
The simplified acquisition threshold for any contract in
support of contingency operations to be awarded and
performed, or purchase to be made, outside the U.S. is -
Answer-$1.5 million
CON 3990 TEST FINAL EXAM AND PRACTICE EXAM
2026/2027 BANK 2 VERSIONS 500 QUESTIONS WITH
DETAILED VERIFIED ANSWERS|| VERIFIED EXAM
QUESTIONS WILL COME FROM HERE (100%
CORRECT ANSWERS/ A+ GRADED||NEWEST EXAM!!!
Which of the following is a commercial item? - Answer-A
non-developmental item, if the procuring agency
determines the item was developed exclusively at private
expense and sold in substantial quantities, on a
competitive basis, to multiple state and local governments.
Consolidating two or more requirements for supplies or
services, previously provided or performed under separate
smaller contracts into a solicitation for a single contract
that is likely to be unsuitable for award to a small business
concern.
a. best value
b. performance-based acquisition
c. bundling
d. non-developmental item - Answer-bundling
,2|Page
Which of the following are included in the definition of
"contracts"?
a. Awards and notices of awards and grants
b. Letter contracts and cooperative agreements
c. Letter contracts and job orders
d. Blanket purchase agreements and imprest funds -
Answer-Letter contracts and job orders
The government can minimize the opportunity for buying
in by using - Answer-multiyear contracting, priced options,
and amortization of nonrecurring costs.
A contractor's arrangements to pay contingent fees for
soliciting government contracts have long been
considered contrary to public policy because
a. they discourage competition.
b. they may lead to exercise of improper influence.
c. they result in excessive overhead costs.
d. accountability of costs is difficult to track. - Answer-they
may lead to exercise of improper influence.
,3|Page
is any money, fee, commission, credit, gift, gratuity, thing
of value, or compensation of any kind which is provided,
directly or indirectly, to any prime contractor, prime
contractor, employee, subcontractor, or subcontractor
employee for the purpose of improperly obtaining or
rewarding favorable treatment in connection with a prime
contractor in connection with a subcontract relating to a
prime contract. - Answer-kickback
How often are statutory acquisition-related dollar
thresholds in the FAR adjusted for inflation? - Answer-
Every five years
A form of written approval signed by an authorized official
that is required by statute or regulation as a prerequisite to
taking certain contract actions is defined as a - Answer-
Determination and Findings
Contracting officers below the level of __________ shall
be selected and appointed. - Answer-a head of a
contracting activity
, 4|Page
According to the FAR conventions at Subpart 1.1, each
authority is delagable unless - Answer-specifically stated
otherwise
When an imperative sentence directs action in the FAR,
who is responsible for the action unless another party is
expressly cited?
a. the head of contracting activity
b. the Secretary of the Army
c. the contracting officer
d. the contracting specialist - Answer-the contracting
officer
Unauthorized commitments are agreements that are NOT
binding solely because - Answer-the government
representative who made the agreement lacked the
authority to enter it
The simplified acquisition threshold for any contract in
support of contingency operations to be awarded and
performed, or purchase to be made, outside the U.S. is -
Answer-$1.5 million
