Exam Prep Course Questions and
Correct Answers.
Market research is conducted during which phase of acquisition? - Answer All phases of the
acquisition
Feedback:See FAR 10.001(a)(2)(vi)
What is use of a procedure that is inconsistent with the FAR? - Answer Deviation
Feedback:See FAR 1.401(a)
Simplified Acquisition Procedures (SAP) should - Answer Promote competition to the
maximum extent practicable
Feedback:See FAR 13.003(h)
What is the tool (form) used by DoD to apply a structured profit/fee? - Answer DD Form
1547, Weighted Guidelines Method
Feedback:See DFARS 215.404-70
What types(s) of contracts can be awarded when acquiring commercial items of supply? -
Answer Only firm-fixed-price contracts or fixed-price contracts with economic price
adjustment
Feedback:See FAR 12.207(a)
When using invitations for bids (IFBs), what type(s) of contracts can be awarded? - Answer
Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment
Feedback:See FAR 16.102(a)
Which of the following is correct regarding the DFARS Procedures Guidance and Information
(PGI)? - Answer The DFARS PGI is a companion resource to the DFARS
Feedback:See DFARS 202.101
Which of the following statements is accurate regarding the Government's policy on contract
modifications? - Answer Only contracting officers acting within the scope of their authority
are authrized to execute contract modifications on behalf of the Government
Feedback:See FAR 43.102
,Which of the following is accurate about unilateral modifications? - Answer Are only signed
by a Government contracting officer, not the contractor
Feedback:FAR 43.103(b)
Except when authorized otherwise, a Government contract: - Answer Must be in writing
Which is NOT a type of contracting officer? - Answer Executive contracting officer
With respect to the requirements of law, executive orders, regulations, and all other applicable
procedures, prior to signing a contract, a contracting officer must: - Answer Ensure that each
has been met
Joan stated that she was working on selecting solicitation provisions. With this in mind, you
know the contract: - Answer Has not been awarded
A program manager asked John whether a contract clause is only used in the contract or if it
applies to the solicitation as well. John correctly answered by replying with which of the
following statements? - Answer A contract clause is a term or condition used in contracts, or
in both solicitations and contracts, that applies after contract award of both before and after
award
A contractor failed to deliver a commercial item within the time specified by the contract. As
the Government contracting officer, you plan to terminate the contract. What type of
termination would you proceed with? - Answer Termination for Cause
Which FAR part sets forth the basic policies and general information about the Federal
Acquisition Regulations System? - Answer FAR part 1
Which of the following statements best conveys the convention at FAR 1.108(b), delegation of
authority? - Answer Each authority is delegable unless specifically stated otherwise
How many parts are there in the FAR? - Answer 53
What is a Procurement Instrument Identifier (PIID) - Answer A unique number identifying
each solicitation, contract, agreement, or order and related procurement instrument
The DoD Procurement Instrument Identifier (PIID) is 13 positions long. Position 9 identifies the
type of instrument. If position 9 is a "D", which of the following types of instruments is
representative? - Answer Indefinite-delivery contracts to include IDIQs and requirements
, You are reviewing a contract that utilizes the uniform contract format. In Section J you see an
exhibit. How will the exhibit be displayed? - Answer With one or two alpha characters (e.g.,
Exhibit AA)
Your customer comes to you anticipating a new requirement, one that has not been purchased
recently. You'd like to refer them to the FAR part dealing specifically with market research.
Which FAR part do you refer them to? - Answer FAR part 10
Of the following types of contracts, which shall not be used in Government contracting? -
Answer Cost-plus-a-percentage-of-cost
When can a time-and-materials (T&M) contract be used? - Answer A T&M contract may be
used only when it is not possible at the time of placing the contract to estimate accurately the
extent or duration of the work or to anticipate costs
What underlying principle should the contracting officer follow to avoid organizational conflicts
of interest? - Answer Prevent unfair competitive advantage
Terms that address specific types of exchanges with offerors after receipt of proposals include: -
Answer Communications, discussions, and clarifications
With limited exceptions as authorized by agency regulations, what does the FAR say about
Government employees soliciting and accepting gifts from contractors? Government
employees: - Answer May not solicit or accept gifts
What is the general guidance provided by the FAR for contractor bid or proposal information? -
Answer It may not be disclosed to anyone unless they are authorized to receive it
With few exceptions, which one of the following statements is true regarding awarding
contracts to U.S. Government employees? - Answer A contracting officer shall not knowingly
award a contract to a Government employee
Which of the following would represent, or potentially represent, an organizational conflict of
interest (OCI)? - Answer An engineering support contractor (contractor A) is hired to assist in
the development of Government specifications for a new requirement. Contractor A writes the
specifications in such a way as to require the Government's use of contractor A's proprietary
processes even though there are other solutions.
Which term means the total cost to the Government of acquiring, operating, supporting, and (if
applicable) disposing of the items being acquired? - Answer Life-cycle costs