1
FAC
FAC-C CERTIFICATION EXAM QUESTIONS
WITH CORRECT VERIFIED SOLUTIONS 100%
GUARANTEED PASS (LATEST UPDATE)
DOD KO Requirements - ANS ✓DFARS 201.603-2 tells us that in order to
qualify to serve as a contracting officer with authority to award or administer
contracts for amounts above the simplified acquisition threshold, a person must:
-Have completed all contracting courses required for a contracting officer to
serve in the grade in which the employee or member of the armed forces will
serve.
-Have at least 2 years experience in a contracting position.
-Have received a baccalaureate degree from an accredited educational
institution.
-Meet such additional requirements, based on the dollar value and complexity of
the contracts awarded or administered in the position, as may be established by
the Secretary of Defense.
-DFARS 201.603-2(2) also lists several exceptions and amplifications to the
above qualifications for contracting officer appointments.
FAR 1.602-2 - ANS ✓Contracting officers are responsible for ensuring
performance of all necessary actions for effective contracting, ensuring
compliance with the terms of the contract , and safeguarding the interests of the
United States in its contractual relationships. In order to perform these
responsibilities, contracting officers should be allowed wide latitude to exercise
business judgment.
FAR 1.602-2(a) - ANS ✓Contracting Officers must ensure sufficient funds are
available for obligation for each contract action.
FAR 1.602-2(b) - ANS ✓states that contracting officers shall ensure that
contractors receive impartial, fair, and equitable treatment. This applies to all
types of communications, written and verbal.
FAR 1.602-2(c) - ANS ✓Contracting officers shall request and consider the
advice of specialists in audit, law, engineering, information security ,
transportation, and other fields, as appropriate.
FAC-C CERT
, 2
FAC
FAR 1.602-2(d) - ANS ✓states that contracting officers shall designate CORs in
writing and furnish copies to the contractor and the contract administration
office.
Which part of the FAR gives the best guidance for personal conflict of
interest? - ANS ✓FAR part 3
Which part of the FAR gives the best guidance for organizational conflict of
interest? - ANS ✓FAR part 9
FAR 1.102-4(e) - ANS ✓states that contracting officers "should take the lead in
encouraging business process innovations and ensuring that business decisions
are sound."
FAR 1.102-2(c)(2) - ANS ✓tells us the contracting system must focus on "risk
management" rather than "risk avoidance." The cost to the taxpayer of
attempting to eliminate all risk is prohibitive. The contracting system should
allow contracting professionals to take independent action based on their
professional judgment. Along these lines, contracting professionals should
exercise discretion, use sound business judgment, and comply with applicable
laws and regulations in dealing with contractors and prospective contractors. All
contractors and prospective contractors should be treated fairly and impartially
but need not be treated the same.
FAR 1.102-2(c) - ANS ✓Instructs that the business of acquisition should be
conducted with openness.
FAR 1.102-2(c)(1) - ANS ✓Goes on to say that not only must the system have
integrity, but the actions of each member of the team must reflect integrity,
fairness, and openness.
Openness for the contracting officer applies primarily to? - ANS ✓The
Acquisition Team, Contractors, Offerors, The Contracting Team
FAR 1.102-2(a) - ANS ✓tells contracting professionals that 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.
FAR 2.101(a) - ANS ✓tells us that a word or a term, defined in this section, has
the same meaning throughout this regulation (FAR), unless-
FAC-C CERT
FAC
FAC-C CERTIFICATION EXAM QUESTIONS
WITH CORRECT VERIFIED SOLUTIONS 100%
GUARANTEED PASS (LATEST UPDATE)
DOD KO Requirements - ANS ✓DFARS 201.603-2 tells us that in order to
qualify to serve as a contracting officer with authority to award or administer
contracts for amounts above the simplified acquisition threshold, a person must:
-Have completed all contracting courses required for a contracting officer to
serve in the grade in which the employee or member of the armed forces will
serve.
-Have at least 2 years experience in a contracting position.
-Have received a baccalaureate degree from an accredited educational
institution.
-Meet such additional requirements, based on the dollar value and complexity of
the contracts awarded or administered in the position, as may be established by
the Secretary of Defense.
-DFARS 201.603-2(2) also lists several exceptions and amplifications to the
above qualifications for contracting officer appointments.
FAR 1.602-2 - ANS ✓Contracting officers are responsible for ensuring
performance of all necessary actions for effective contracting, ensuring
compliance with the terms of the contract , and safeguarding the interests of the
United States in its contractual relationships. In order to perform these
responsibilities, contracting officers should be allowed wide latitude to exercise
business judgment.
FAR 1.602-2(a) - ANS ✓Contracting Officers must ensure sufficient funds are
available for obligation for each contract action.
FAR 1.602-2(b) - ANS ✓states that contracting officers shall ensure that
contractors receive impartial, fair, and equitable treatment. This applies to all
types of communications, written and verbal.
FAR 1.602-2(c) - ANS ✓Contracting officers shall request and consider the
advice of specialists in audit, law, engineering, information security ,
transportation, and other fields, as appropriate.
FAC-C CERT
, 2
FAC
FAR 1.602-2(d) - ANS ✓states that contracting officers shall designate CORs in
writing and furnish copies to the contractor and the contract administration
office.
Which part of the FAR gives the best guidance for personal conflict of
interest? - ANS ✓FAR part 3
Which part of the FAR gives the best guidance for organizational conflict of
interest? - ANS ✓FAR part 9
FAR 1.102-4(e) - ANS ✓states that contracting officers "should take the lead in
encouraging business process innovations and ensuring that business decisions
are sound."
FAR 1.102-2(c)(2) - ANS ✓tells us the contracting system must focus on "risk
management" rather than "risk avoidance." The cost to the taxpayer of
attempting to eliminate all risk is prohibitive. The contracting system should
allow contracting professionals to take independent action based on their
professional judgment. Along these lines, contracting professionals should
exercise discretion, use sound business judgment, and comply with applicable
laws and regulations in dealing with contractors and prospective contractors. All
contractors and prospective contractors should be treated fairly and impartially
but need not be treated the same.
FAR 1.102-2(c) - ANS ✓Instructs that the business of acquisition should be
conducted with openness.
FAR 1.102-2(c)(1) - ANS ✓Goes on to say that not only must the system have
integrity, but the actions of each member of the team must reflect integrity,
fairness, and openness.
Openness for the contracting officer applies primarily to? - ANS ✓The
Acquisition Team, Contractors, Offerors, The Contracting Team
FAR 1.102-2(a) - ANS ✓tells contracting professionals that 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.
FAR 2.101(a) - ANS ✓tells us that a word or a term, defined in this section, has
the same meaning throughout this regulation (FAR), unless-
FAC-C CERT
