1
CON 1200 U06 Quiz Actual Exam
2026/2027 – 2 Week FY26 Version with
Detailed Rationales | 100% Correct | Pass
Guaranteed – A+ Graded
Part I: Federal Acquisition Regulation (FAR) Fundamentals
Q1: Which of the following statements best describes the primary purpose of the Federal
Acquisition Regulation (FAR) system?
A. To ensure the government always pays the lowest price possible for goods and services.
B. To provide a uniform set of policies and procedures for acquisition by executive agencies.
C. To give contracting officers unlimited authority to waive any regulation to meet mission
needs.
D. To establish the legal framework for federal employment and labor relations.
B. To provide a uniform set of policies and procedures for acquisition by executive agencies.
[CORRECT]
Correct Answer: B
Rationale: The FAR was created to standardize how the executive branch buys goods and
services, ensuring consistency and fairness across the government. While price is important, the
FAR's main goal is establishing the uniform "rules of the road" for the acquisition process,
covering everything from planning to closeout.
Q2: When a conflict arises between a federal statute and an agency supplement (like the
DFARS), which source of authority takes precedence?
A. The agency supplement, because it is tailored to the specific mission.
B. The Federal Acquisition Regulation (FAR).
C. The federal statute.
D. The local agency contracting instruction.
C. The federal statute. [CORRECT]
,2
Correct Answer: C
Rationale: In the hierarchy of federal acquisition regulations, federal statutes always sit at the top
and override any agency supplements or FAR provisions. If a law says one thing and a regulation
says another, the law wins, and the agency must revise its regulations to align with the statute.
Q3: Under the Competition in Contracting Act (CICA), "full and open competition" is the
standard requirement. Which of the following scenarios represents an exception to this rule?
A. The requirement is estimated at $150,000 and is being processed using simplified acquisition
procedures.
B. Only one source in the world is capable of manufacturing the required specialized turbine
blade.
C. The contracting officer wants to favor a local small business to support the regional economy.
D. There are three vendors available, but only two responded to the sources sought notice.
B. Only one source in the world is capable of manufacturing the required specialized turbine
blade. [CORRECT]
Correct Answer: B
Rationale: The "only responsible source" exception allows an agency to bypass full and open
competition when there is truly only one vendor that can supply the item. Simplified acquisition
procedures promote competition but are a method of procurement, not a statutory exception like
the "unusual and compelling urgency" or "only responsible source" justifications.
Q4: Which member of the Acquisition Team is responsible for maintaining a file of all preaward
and postaward actions and ensuring the contract file is complete?
A. The Program Manager (PM)
B. The Contracting Officer's Representative (COR)
C. The Contracting Officer (KO)
D. The Small Business Specialist
C. The Contracting Officer (KO) [CORRECT]
Correct Answer: C
Rationale: The Contracting Officer has the ultimate authority and responsibility for the business
aspects of the acquisition, including the contract file. While the COR monitors performance and
, 3
the PM handles the technical requirements, the KO is the one legally responsible for ensuring the
documentation trail is intact.
Q5: You are a Contracting Officer's Representative (COR). An offeror offers you tickets to a
major sporting event that are worth $75, stating they just want to thank you for your hard work.
Can you accept them?
A. Yes, because the value is under the current prohibited gift threshold.
B. Yes, provided you get permission from your supervisor first.
C. No, because as a government employee, you generally cannot accept gifts from prohibited
sources.
D. No, unless the offeror is also a government contractor.
C. No, because as a government employee, you generally cannot accept gifts from prohibited
sources. [CORRECT]
Correct Answer: C
Rationale: Under the Standards of Conduct and Procurement Integrity Act, government
employees are strictly prohibited from accepting gifts from "prohibited sources," which includes
anyone doing business or seeking to do business with the government. Even if the value is low,
the conflict of interest rule makes this acceptance illegal.
Q6: A new intern asks you about the structure of the FAR. You explain that the FAR is organized
into parts, subparts, sections, and subdivisions. If you are looking for the definition of "contract,"
which numbering convention would you likely find?
A. 1.000
B. 2.101
C. 15.404
D. 52.232-1
B. 2.101 [CORRECT]
Correct Answer: B
Rationale: The FAR numbering system is very logical. Part 2 is specifically dedicated to
"Definitions of Words and Terms." The number "2.101" indicates Part 2, Section 101. This is
where you will find the precise definitions for the terminology used throughout the regulation.
CON 1200 U06 Quiz Actual Exam
2026/2027 – 2 Week FY26 Version with
Detailed Rationales | 100% Correct | Pass
Guaranteed – A+ Graded
Part I: Federal Acquisition Regulation (FAR) Fundamentals
Q1: Which of the following statements best describes the primary purpose of the Federal
Acquisition Regulation (FAR) system?
A. To ensure the government always pays the lowest price possible for goods and services.
B. To provide a uniform set of policies and procedures for acquisition by executive agencies.
C. To give contracting officers unlimited authority to waive any regulation to meet mission
needs.
D. To establish the legal framework for federal employment and labor relations.
B. To provide a uniform set of policies and procedures for acquisition by executive agencies.
[CORRECT]
Correct Answer: B
Rationale: The FAR was created to standardize how the executive branch buys goods and
services, ensuring consistency and fairness across the government. While price is important, the
FAR's main goal is establishing the uniform "rules of the road" for the acquisition process,
covering everything from planning to closeout.
Q2: When a conflict arises between a federal statute and an agency supplement (like the
DFARS), which source of authority takes precedence?
A. The agency supplement, because it is tailored to the specific mission.
B. The Federal Acquisition Regulation (FAR).
C. The federal statute.
D. The local agency contracting instruction.
C. The federal statute. [CORRECT]
,2
Correct Answer: C
Rationale: In the hierarchy of federal acquisition regulations, federal statutes always sit at the top
and override any agency supplements or FAR provisions. If a law says one thing and a regulation
says another, the law wins, and the agency must revise its regulations to align with the statute.
Q3: Under the Competition in Contracting Act (CICA), "full and open competition" is the
standard requirement. Which of the following scenarios represents an exception to this rule?
A. The requirement is estimated at $150,000 and is being processed using simplified acquisition
procedures.
B. Only one source in the world is capable of manufacturing the required specialized turbine
blade.
C. The contracting officer wants to favor a local small business to support the regional economy.
D. There are three vendors available, but only two responded to the sources sought notice.
B. Only one source in the world is capable of manufacturing the required specialized turbine
blade. [CORRECT]
Correct Answer: B
Rationale: The "only responsible source" exception allows an agency to bypass full and open
competition when there is truly only one vendor that can supply the item. Simplified acquisition
procedures promote competition but are a method of procurement, not a statutory exception like
the "unusual and compelling urgency" or "only responsible source" justifications.
Q4: Which member of the Acquisition Team is responsible for maintaining a file of all preaward
and postaward actions and ensuring the contract file is complete?
A. The Program Manager (PM)
B. The Contracting Officer's Representative (COR)
C. The Contracting Officer (KO)
D. The Small Business Specialist
C. The Contracting Officer (KO) [CORRECT]
Correct Answer: C
Rationale: The Contracting Officer has the ultimate authority and responsibility for the business
aspects of the acquisition, including the contract file. While the COR monitors performance and
, 3
the PM handles the technical requirements, the KO is the one legally responsible for ensuring the
documentation trail is intact.
Q5: You are a Contracting Officer's Representative (COR). An offeror offers you tickets to a
major sporting event that are worth $75, stating they just want to thank you for your hard work.
Can you accept them?
A. Yes, because the value is under the current prohibited gift threshold.
B. Yes, provided you get permission from your supervisor first.
C. No, because as a government employee, you generally cannot accept gifts from prohibited
sources.
D. No, unless the offeror is also a government contractor.
C. No, because as a government employee, you generally cannot accept gifts from prohibited
sources. [CORRECT]
Correct Answer: C
Rationale: Under the Standards of Conduct and Procurement Integrity Act, government
employees are strictly prohibited from accepting gifts from "prohibited sources," which includes
anyone doing business or seeking to do business with the government. Even if the value is low,
the conflict of interest rule makes this acceptance illegal.
Q6: A new intern asks you about the structure of the FAR. You explain that the FAR is organized
into parts, subparts, sections, and subdivisions. If you are looking for the definition of "contract,"
which numbering convention would you likely find?
A. 1.000
B. 2.101
C. 15.404
D. 52.232-1
B. 2.101 [CORRECT]
Correct Answer: B
Rationale: The FAR numbering system is very logical. Part 2 is specifically dedicated to
"Definitions of Words and Terms." The number "2.101" indicates Part 2, Section 101. This is
where you will find the precise definitions for the terminology used throughout the regulation.
