CON 3900 CONTRACTING FINAL EXAM 150 QUESTIONS
WITH DETAILED ANSWERS 2024 UPDATED
What is the general guidance provided by the FAR for contractor bid or
proposal information? - CORRECT 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? -
CORRECT ANSWER A contracting officer shall not knowingly award a
contract to a Government employee
With limited exceptions as authorized by agency regulations, what does the
FAR say about Government employees soliciting and accepting gifts from
contractors? Government employees:
- CORRECT ANSWER May not solicit or accept gifts
Which of the following would represent, or potentially represent, an
organizational conflict of interest (OCI)? - CORRECT 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? -
CORRECT ANSWER Life-cycle costs
Which of the following reflects market research policy? Market research: -
CORRECT ANSWER Aids in determining if sources capable of satisfying
the agency's requirements exist
Which section of the uniform contract format (UCF) exists to include
negotiated, meaningful special contract requirements that are not included
in Section I, Contract clauses, or in other sections of the UCF? -
CORRECT ANSWER Section H
, CON 3900 CONTRACTING FINAL EXAM 150 QUESTIONS
WITH DETAILED ANSWERS 2024 UPDATED
Who is the individual designated and authorized in writing by the contracting
officer to perform specific technical or administrative functions? - CORRECT
ANSWER Contracting officer's representative
Which of the following statements is accurate regarding Acquisition
Teams? - CORRECT ANSWER The Acquisition Team includes
representatives of the technical, supply, and procurement communities,
the customers they serve, and the contractors who provide the products
and services.
Select the statement that is NOT conducive toward forming a cohesive
team - CORRECT ANSWER The Government should foster an "arm's
length" approach for an effective relationship
The authority of a contracting officer's representative (COR) shall be: -
CORRECT ANSWER Designated in writing, with a copy given to the
contractor and contract administration office
Which event is meant to aid both the Government and contractor personnel
to 1) achieve a clear and mutual understanding of all contract
requirements, and (2) identify and resolve potential problems after contract
award? - CORRECT ANSWER Postaward orientation conference
Where in the FAR can you find guidance on how to establish, maintain, and
dispose of Government contract files? - CORRECT ANSWER FAR part 4
In a Determination and Findings, the findings are - CORRECT ANSWER
Support for the determination
In briefing prenegotiation objectives for approval, contracting officers
should ensure their briefing slides are: - CORRECT ANSWER Simple and
concise
Which of the following is an accounting or financial term when addressing
, CON 3900 CONTRACTING FINAL EXAM 150 QUESTIONS
WITH DETAILED ANSWERS 2024 UPDATED
contractual funding issues? - CORRECT ANSWER Fiscal
, CON 3900 CONTRACTING FINAL EXAM 150 QUESTIONS
WITH DETAILED ANSWERS 2024 UPDATED
It is the Government's policy that before executing a contract, the
contracting officer must: - CORRECT ANSWER Obtain written assurance
from the responsible fiscal authority that adequate funds are available.
See FAR 32.702(a)
What would be the preferred way to acquire an item in Government
contracting? - CORRECT ANSWER Purchase the requirement as a
commercial item.
See FAR 10.002(d)
Contracting officers shall provide property to contractors only when it is
clearly demonstrated that: - CORRECT ANSWER The overall benefit to
the acquisition significantly outweighs the increased cost of administration.
See FAR 45.102
Acquisition planning should begin: - CORRECT ANSWER As soon as the
agency need is identified
See FAR 7.104(a)
Which of the following is an exception to obtaining certified cost or pricing
data? - CORRECT ANSWER Adequate price competition
See FAR 15.403-1(b)
The contracting officer shall take which of the following actions to
encourage small business participation in acquisitions? - CORRECT
ANSWER Divide acquisitions into reasonably small lots to permit offers on
quantities less than the total requirement.
Market research is conducted during which phase of acquisition? -
CORRECT ANSWER All phases of the acquisition
What is the use of a procedure that is inconsistent with the FAR? -
CORRECT ANSWER Deviation
WITH DETAILED ANSWERS 2024 UPDATED
What is the general guidance provided by the FAR for contractor bid or
proposal information? - CORRECT 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? -
CORRECT ANSWER A contracting officer shall not knowingly award a
contract to a Government employee
With limited exceptions as authorized by agency regulations, what does the
FAR say about Government employees soliciting and accepting gifts from
contractors? Government employees:
- CORRECT ANSWER May not solicit or accept gifts
Which of the following would represent, or potentially represent, an
organizational conflict of interest (OCI)? - CORRECT 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? -
CORRECT ANSWER Life-cycle costs
Which of the following reflects market research policy? Market research: -
CORRECT ANSWER Aids in determining if sources capable of satisfying
the agency's requirements exist
Which section of the uniform contract format (UCF) exists to include
negotiated, meaningful special contract requirements that are not included
in Section I, Contract clauses, or in other sections of the UCF? -
CORRECT ANSWER Section H
, CON 3900 CONTRACTING FINAL EXAM 150 QUESTIONS
WITH DETAILED ANSWERS 2024 UPDATED
Who is the individual designated and authorized in writing by the contracting
officer to perform specific technical or administrative functions? - CORRECT
ANSWER Contracting officer's representative
Which of the following statements is accurate regarding Acquisition
Teams? - CORRECT ANSWER The Acquisition Team includes
representatives of the technical, supply, and procurement communities,
the customers they serve, and the contractors who provide the products
and services.
Select the statement that is NOT conducive toward forming a cohesive
team - CORRECT ANSWER The Government should foster an "arm's
length" approach for an effective relationship
The authority of a contracting officer's representative (COR) shall be: -
CORRECT ANSWER Designated in writing, with a copy given to the
contractor and contract administration office
Which event is meant to aid both the Government and contractor personnel
to 1) achieve a clear and mutual understanding of all contract
requirements, and (2) identify and resolve potential problems after contract
award? - CORRECT ANSWER Postaward orientation conference
Where in the FAR can you find guidance on how to establish, maintain, and
dispose of Government contract files? - CORRECT ANSWER FAR part 4
In a Determination and Findings, the findings are - CORRECT ANSWER
Support for the determination
In briefing prenegotiation objectives for approval, contracting officers
should ensure their briefing slides are: - CORRECT ANSWER Simple and
concise
Which of the following is an accounting or financial term when addressing
, CON 3900 CONTRACTING FINAL EXAM 150 QUESTIONS
WITH DETAILED ANSWERS 2024 UPDATED
contractual funding issues? - CORRECT ANSWER Fiscal
, CON 3900 CONTRACTING FINAL EXAM 150 QUESTIONS
WITH DETAILED ANSWERS 2024 UPDATED
It is the Government's policy that before executing a contract, the
contracting officer must: - CORRECT ANSWER Obtain written assurance
from the responsible fiscal authority that adequate funds are available.
See FAR 32.702(a)
What would be the preferred way to acquire an item in Government
contracting? - CORRECT ANSWER Purchase the requirement as a
commercial item.
See FAR 10.002(d)
Contracting officers shall provide property to contractors only when it is
clearly demonstrated that: - CORRECT ANSWER The overall benefit to
the acquisition significantly outweighs the increased cost of administration.
See FAR 45.102
Acquisition planning should begin: - CORRECT ANSWER As soon as the
agency need is identified
See FAR 7.104(a)
Which of the following is an exception to obtaining certified cost or pricing
data? - CORRECT ANSWER Adequate price competition
See FAR 15.403-1(b)
The contracting officer shall take which of the following actions to
encourage small business participation in acquisitions? - CORRECT
ANSWER Divide acquisitions into reasonably small lots to permit offers on
quantities less than the total requirement.
Market research is conducted during which phase of acquisition? -
CORRECT ANSWER All phases of the acquisition
What is the use of a procedure that is inconsistent with the FAR? -
CORRECT ANSWER Deviation
