CON 1400V – CONTRACT ADMINISTRATION FINAL EXAM (FAR-BASED PRACTICE
QUESTIONS WITH ANSWERS) A+ ALREADY GRADED LATEST UPDATE
1. Which of the following is a key element of a contract administration plan?
A listing of contract terms and conditions related to administration
Contractor performance milestones
Names, positions, authorities, and limitations of authority for contract admin-
istration team members
All of the above: All of the above
2. The first task in the contract administration process is to:
Review the contract file to identify critical contract requirements and clauses
Debrief all offerors not selected for award
Develop a contract administration plan
Request that the contractor sign a release of claims: Review the contract file to identify
critical contract requirements and clauses
3. Generally, government contracts do not hold contractors liable for loss of
government property if the property is provided under which contract?
Contracts for commercial products and commercial services
Contracts with educational institutions
Cost-reimbursement contracts
Contracts that do not exceed the simplified acquisition threshold: Cost-reimburse-
ment contracts
4. True or false: It is the contracting officer's responsibility to identify and
demand payment of contractor debt.
True
False: True
5. What part of the FAR identifies the required contract file documentation?
FAR 4.804
FAR 4.803
FAR Subpart 4.7
FAR Subpart 4.6: FAR 4.803
, CON 1400V – CONTRACT ADMINISTRATION FINAL EXAM (FAR-BASED PRACTICE
QUESTIONS WITH ANSWERS) A+ ALREADY GRADED LATEST UPDATE
6. Before exercising an option, what must the contracting officer determine?
Funds are available
The option was synopsized in accordance with FAR Part 5
The requirement covered by the option fulfills an existing government need
All of the above: All of the above
7. What process is described in the following statement?
Using the technical specifications, COR, or in plant QAS inspects to ensure
supplies/services meet contract requirements.
Government quality assurance
Contractor performance
Government Acceptance
Contractor invoice review: Government quality assurance
8. Who are key stakeholders for a federal contract or program?
The program manager, the contracting officer, and the PCO
Only the contracting officer and contracting officer's representative
Only the procuring contracting officer (PCO) and the administrative contract-
ing officer (ACO)
None of the above: The program manager, the contracting oflcer, and the PCO
9. True or False: Within the Contractor Performance Assessment Reporting
System (CPARS), the assessing official representative is responsible for initi-
ating the report and resolving non-concur.
True
False: False
10. What is considered government-furnished property?
Intellectual property
Items considered incidental to the place of performance
Material, equipment, and special tooling
Software: Material, equipment, and special tooling
QUESTIONS WITH ANSWERS) A+ ALREADY GRADED LATEST UPDATE
1. Which of the following is a key element of a contract administration plan?
A listing of contract terms and conditions related to administration
Contractor performance milestones
Names, positions, authorities, and limitations of authority for contract admin-
istration team members
All of the above: All of the above
2. The first task in the contract administration process is to:
Review the contract file to identify critical contract requirements and clauses
Debrief all offerors not selected for award
Develop a contract administration plan
Request that the contractor sign a release of claims: Review the contract file to identify
critical contract requirements and clauses
3. Generally, government contracts do not hold contractors liable for loss of
government property if the property is provided under which contract?
Contracts for commercial products and commercial services
Contracts with educational institutions
Cost-reimbursement contracts
Contracts that do not exceed the simplified acquisition threshold: Cost-reimburse-
ment contracts
4. True or false: It is the contracting officer's responsibility to identify and
demand payment of contractor debt.
True
False: True
5. What part of the FAR identifies the required contract file documentation?
FAR 4.804
FAR 4.803
FAR Subpart 4.7
FAR Subpart 4.6: FAR 4.803
, CON 1400V – CONTRACT ADMINISTRATION FINAL EXAM (FAR-BASED PRACTICE
QUESTIONS WITH ANSWERS) A+ ALREADY GRADED LATEST UPDATE
6. Before exercising an option, what must the contracting officer determine?
Funds are available
The option was synopsized in accordance with FAR Part 5
The requirement covered by the option fulfills an existing government need
All of the above: All of the above
7. What process is described in the following statement?
Using the technical specifications, COR, or in plant QAS inspects to ensure
supplies/services meet contract requirements.
Government quality assurance
Contractor performance
Government Acceptance
Contractor invoice review: Government quality assurance
8. Who are key stakeholders for a federal contract or program?
The program manager, the contracting officer, and the PCO
Only the contracting officer and contracting officer's representative
Only the procuring contracting officer (PCO) and the administrative contract-
ing officer (ACO)
None of the above: The program manager, the contracting oflcer, and the PCO
9. True or False: Within the Contractor Performance Assessment Reporting
System (CPARS), the assessing official representative is responsible for initi-
ating the report and resolving non-concur.
True
False: False
10. What is considered government-furnished property?
Intellectual property
Items considered incidental to the place of performance
Material, equipment, and special tooling
Software: Material, equipment, and special tooling
