CON 1400V – FEDERAL ACQUISITION REGULATION (FAR) CONTRACT ADMINISTRATION STUDY GUIDE
AND PRACTICE QUESTIONS WITH ANSWERS A+ VERIFIED LATEST VERSION
1. 2. A contracting officer may delegate conducting a post-award orientation
conference to the administrative
contracting officer (ACO).
a) True
b) False: a
2. 3. Generally, government contracts do not hold contractors liable for loss of
government property if the property is
provided under which type of contract?
a) Contracts for commercial products and commercial services
b) Contracts with educational institutions
c) Cost-reimbursement contracts
d) Contracts that do not exceed the Simplified Acquisition Threshold (SAT): c
3. 5. What part of the Federal Acquisition Regulation (FAR) identifies the re-
quired contract file documentation?
a) FAR 4.804
b) FAR 4.803
c) FAR 4.7
d) FAR 4.6: b
4. 6. When must a contractor maintain an approved property management
system and be monitored by a government
property representative?
a) Never
b) Always
c) If the contractor has failed an audit
d) If the contractor has been provided government furnished property: d
5. 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.
a) Government quality assurance
b) Contract performance
, CON 1400V – FEDERAL ACQUISITION REGULATION (FAR) CONTRACT ADMINISTRATION STUDY GUIDE
AND PRACTICE QUESTIONS WITH ANSWERS A+ VERIFIED LATEST VERSION
c) Government acceptance
d) Contractor invoice review: a
6. 8. What contractor system includes expediting delivery of materials?
a) Purchasing system
b) Material management and accounting system
c) Accounting system
d) Delivery management system: a
7. 9. A contractor is allowed to rebut any part of their performance report in
the Contractor Performance Assessment
Reporting System (CPARS) report once the government has finalized and
submitted the report.
a) True
b) False: b
8. 10. Which statement is accurate regarding contractor submission of cost
data?
a) It is required when modifying a contract or subcontract for commercial
products or commercial services
b) It is required when a waiver has been granted
c) it is required for a modification or negotiated or sealed-bid contract involv-
ing a price adjustment or more than two
million dollars
d) It is required if the contracting officer determines that prices agreed upon
are based on adequate price competition: c
9. 11. What is considered government-furnished property?
a) Intellectual property
b) Items considered incidental to the place of performance
c) Material, equipment, and special tooling
d) Software: c
10. 12. What term is defined by this statement? The technical requirements in
the contract relating to the quality of the
product or service and those contract clauses prescribing inspection, and
other quality controls incumbent on the
AND PRACTICE QUESTIONS WITH ANSWERS A+ VERIFIED LATEST VERSION
1. 2. A contracting officer may delegate conducting a post-award orientation
conference to the administrative
contracting officer (ACO).
a) True
b) False: a
2. 3. Generally, government contracts do not hold contractors liable for loss of
government property if the property is
provided under which type of contract?
a) Contracts for commercial products and commercial services
b) Contracts with educational institutions
c) Cost-reimbursement contracts
d) Contracts that do not exceed the Simplified Acquisition Threshold (SAT): c
3. 5. What part of the Federal Acquisition Regulation (FAR) identifies the re-
quired contract file documentation?
a) FAR 4.804
b) FAR 4.803
c) FAR 4.7
d) FAR 4.6: b
4. 6. When must a contractor maintain an approved property management
system and be monitored by a government
property representative?
a) Never
b) Always
c) If the contractor has failed an audit
d) If the contractor has been provided government furnished property: d
5. 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.
a) Government quality assurance
b) Contract performance
, CON 1400V – FEDERAL ACQUISITION REGULATION (FAR) CONTRACT ADMINISTRATION STUDY GUIDE
AND PRACTICE QUESTIONS WITH ANSWERS A+ VERIFIED LATEST VERSION
c) Government acceptance
d) Contractor invoice review: a
6. 8. What contractor system includes expediting delivery of materials?
a) Purchasing system
b) Material management and accounting system
c) Accounting system
d) Delivery management system: a
7. 9. A contractor is allowed to rebut any part of their performance report in
the Contractor Performance Assessment
Reporting System (CPARS) report once the government has finalized and
submitted the report.
a) True
b) False: b
8. 10. Which statement is accurate regarding contractor submission of cost
data?
a) It is required when modifying a contract or subcontract for commercial
products or commercial services
b) It is required when a waiver has been granted
c) it is required for a modification or negotiated or sealed-bid contract involv-
ing a price adjustment or more than two
million dollars
d) It is required if the contracting officer determines that prices agreed upon
are based on adequate price competition: c
9. 11. What is considered government-furnished property?
a) Intellectual property
b) Items considered incidental to the place of performance
c) Material, equipment, and special tooling
d) Software: c
10. 12. What term is defined by this statement? The technical requirements in
the contract relating to the quality of the
product or service and those contract clauses prescribing inspection, and
other quality controls incumbent on the
