2026 TEST BANK| CON 3900 FINALEXAM PREP WITH
COMPLETE 400 REAL EXAM QUESTIONS AND CORRECT
VERIFIED ANSWERS/ ALREADY GRADED A+
How should Government inspect the goods and services IAW 46.404
Government contract quality assurance for acquisitions at or below the
simplified acquisition threshold?
The Government shall inspect the goods or services provided at
destination and only for type and kind; quantity; damage; operability (if
readily determinable); and preservation, packaging, packing, and
marking, if applicable, unless a special situation exists.
IAW 15.101 Best value continuum Which of the following statements
accurately describes the Best Value continuum?
It is a method for comparing cost or price in relation to factors other
than cost or price in a competitive environment
According to 2.101 Definitions which of the following statements is true
about the term "Best Value"?
It refers to the option that provides the greatest overall benefit in
response to a requirement.
pg. 1
,Which statement accurately reflects the guidance provided by FAR
1.102-2(a) regarding the guiding principles of the Federal Acquisition
System?
A guiding principle of the Federal Acquisition System is to satisfy
customers in terms of cost, quality, and timeliness of the delivered
product or service.
Which statement accurately reflects the guidance provided by FAR
2.101(a) regarding the use of defined terms in the FAR?
A defined term in this section has the same meaning throughout the
FAR, unless the context clearly requires a different meaning or another
FAR part, subpart, or section provides a different definition for the
particular part or portion of the part.
What responsibility does a contracting officer have according to FAR
1.102-4(e)?
They should take the lead in encouraging business process innovations
and ensuring that business decisions are sound.
Which statement accurately reflects the guidance provided by FAR
1.102-2(c)(2) regarding the contracting system?
The contracting system should focus on risk management and allow
contracting professionals to exercise discretion and sound business
judgment.
pg. 2
,Unless otherwise specified in the contract what right does the
Government have IAW 52.246-6 Inspection-Time-and-Material and
Labor-Hour?
The Government shall accept or reject services and materials at the
place of delivery as promptly as practicable after delivery. Materials and
services are presumed accepted 60 days after delivery unless accepted
earlier.
Which statement accurately reflects the guidance provided by FAR
1.102-2(c) Performance standards. regarding the conduct of business in
the acquisition process?
The business of acquisition should be conducted with openness and full
transparency.
Which statement accurately reflects the guidance provided by Subpart
4.8 - Government Contract Files regarding contract files?
FAR subpart 4.8 provides guidance on establishing, maintaining, and
disposing of Government contract files.
pg. 3
, Which statement accurately reflects the guidance provided by FAR
1.102-2(c)(1) Performance standards regarding the conduct of members
of the acquisition team?
The actions of each member of the team must reflect integrity, fairness,
and openness.
Under the Terminations for Convenience - Fixed-Price Contracts what
can the contractor be compensated for?
The contractor can be compensated for the cost of materials and labor
incurred in the performance of the contract up to the time of
termination.
According to CD 2013-O00018, an evaluation of contractor performance
shall be prepared annually or upon contract completion for which types
of contracts that exceed the specified threshold?
All of the listed answers are correct
According to FAR part 32.904 Determining payment due dates., what
determines the due date for making an invoice payment, including final
invoice payments?
pg. 4