Contract Specialist Practice Exam
Questions CON 3990
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
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
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
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.
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
A contract with a corporation shall be signed - Answer-in the corporate name, followed by the word "by"
and the signature and title of the person authorized to sign.
Contractors must retain all records pertaining to a government contract for a minimum of
a. five years from the date of contract closeout, unless otherwise specified.
b. three years from the date of final payment, unless otherwise specified.
c. three years from the date of contract completion, unless otherwise specified.
d. five years from the date of contract completion, unless otherwise specified. - Answer-three years
from the date of final payment, unless otherwise specified
Contractor representations and certifications - Answer-are submitted through the System for Award
Management
Agencies must implement OMB guidance for personal identity verification when - Answer-contractors
have routine physical access to either a federally controlled facility or information system.
Questions CON 3990
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
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
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
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.
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
A contract with a corporation shall be signed - Answer-in the corporate name, followed by the word "by"
and the signature and title of the person authorized to sign.
Contractors must retain all records pertaining to a government contract for a minimum of
a. five years from the date of contract closeout, unless otherwise specified.
b. three years from the date of final payment, unless otherwise specified.
c. three years from the date of contract completion, unless otherwise specified.
d. five years from the date of contract completion, unless otherwise specified. - Answer-three years
from the date of final payment, unless otherwise specified
Contractor representations and certifications - Answer-are submitted through the System for Award
Management
Agencies must implement OMB guidance for personal identity verification when - Answer-contractors
have routine physical access to either a federally controlled facility or information system.
