FAC-C CERTIFICATION EXAM PRACTICE
QUESTIONS WITH VERIFIED SOLUTIONS NEW
MODIFIED TESTED AND APPROVED LATEST
UPDATE
There are three basic approaches available to contractors and the Agency for dealing with
OCI issues, as follows: (select all that apply).
Avoid
Neutralize
Substantiate
Mitigate --CORRECT ANSWER--Avoid
Neutralize
Mitigate
The vision of the Federal Acquisition System consists of: (select 2)
Acquisition process participants should work together as a team, but decision-making should
be at a higher level.
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,Deliver on a timely basis the best-value products and services to the customer.
Maintain the public's trust and fulfill public policy objectives. --CORRECT ANSWER--
Deliver on a timely basis the best-value products and services to the customer and maintain
the public's trust and fulfill public policy objectives are the correct answers.
Contracting Life-cycle costs consist of the following (select 4):
Acquisition costs
Supporting costs
Entertainment costs
Disposal costs
Operating costs --CORRECT ANSWER--Acquisition costs, supporting costs, disposal costs,
and operating costs are the correct answers.
Market research shall be conducted:
Only after release of a solicitation but prior to receiving proposals.
Only after receiving proposals, but prior to making award.
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,Only prior to releasing a solicitation
On an ongoing basis and appropriate to the circumstances --CORRECT ANSWER--On an
ongoing basis and appropriate to the circumstances
IAW FAR 1.102-3, the Acquisition Team consists of participants who will participate in the
acquisition process at the appropriate time. Select the appropriate groups to which these
participants may belong (Select all that apply):
Customer (end-user)
Technical personnel
Contracting personnel
Contractor personnel
None of the Above --CORRECT ANSWER--Customer (end-user) technical personnel,
contracting personnel, and contractor personnel are the correct answers.
Who develops a solicitation? (Select all that are correct)
The Government
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, The offeror
The seller
The buyer --CORRECT ANSWER--The Government and The buyer are the correct answers.
Who prepares an offer? (Select all that is correct)
The Government
The contractor
The seller
The buyer --CORRECT ANSWER--The contractor and The seller are the correct answers
During the post-award phase while the
contract is being performed, who has
responsibility for quality?
The Seller
The Buyer --CORRECT ANSWER--The Seller
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QUESTIONS WITH VERIFIED SOLUTIONS NEW
MODIFIED TESTED AND APPROVED LATEST
UPDATE
There are three basic approaches available to contractors and the Agency for dealing with
OCI issues, as follows: (select all that apply).
Avoid
Neutralize
Substantiate
Mitigate --CORRECT ANSWER--Avoid
Neutralize
Mitigate
The vision of the Federal Acquisition System consists of: (select 2)
Acquisition process participants should work together as a team, but decision-making should
be at a higher level.
Page 1 of 146
,Deliver on a timely basis the best-value products and services to the customer.
Maintain the public's trust and fulfill public policy objectives. --CORRECT ANSWER--
Deliver on a timely basis the best-value products and services to the customer and maintain
the public's trust and fulfill public policy objectives are the correct answers.
Contracting Life-cycle costs consist of the following (select 4):
Acquisition costs
Supporting costs
Entertainment costs
Disposal costs
Operating costs --CORRECT ANSWER--Acquisition costs, supporting costs, disposal costs,
and operating costs are the correct answers.
Market research shall be conducted:
Only after release of a solicitation but prior to receiving proposals.
Only after receiving proposals, but prior to making award.
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,Only prior to releasing a solicitation
On an ongoing basis and appropriate to the circumstances --CORRECT ANSWER--On an
ongoing basis and appropriate to the circumstances
IAW FAR 1.102-3, the Acquisition Team consists of participants who will participate in the
acquisition process at the appropriate time. Select the appropriate groups to which these
participants may belong (Select all that apply):
Customer (end-user)
Technical personnel
Contracting personnel
Contractor personnel
None of the Above --CORRECT ANSWER--Customer (end-user) technical personnel,
contracting personnel, and contractor personnel are the correct answers.
Who develops a solicitation? (Select all that are correct)
The Government
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, The offeror
The seller
The buyer --CORRECT ANSWER--The Government and The buyer are the correct answers.
Who prepares an offer? (Select all that is correct)
The Government
The contractor
The seller
The buyer --CORRECT ANSWER--The contractor and The seller are the correct answers
During the post-award phase while the
contract is being performed, who has
responsibility for quality?
The Seller
The Buyer --CORRECT ANSWER--The Seller
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