Ace CON 3990 FAR Parts 2025–2026: Complete MCQ Exam Prep Guide

CON 3990 FAR PARTS UPDATED
EXAM 2025/2026 COMPLETE
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VERIFIED ANSWERS DETAILED
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FAR Part 31 - THE CORRECT ANSWER-Contract Cost Principles &
Procedures


FAR Part 33 - THE CORRECT ANSWER-Protests, Disputes, and Appeals


FAR Part 42 - THE CORRECT ANSWER-Contract Administration &
Audit Services


FAR Part 44 - THE CORRECT ANSWER-Subcontracting Policies &
Procedures


FAR Part 46 - THE CORRECT ANSWER-Quality Assurance


FAR Part 49 - THE CORRECT ANSWER-Termination of Contracts

,FAR Part 50 - THE CORRECT ANSWER-Extraordinary contractual
actions and safety act


FAR Part 51 - THE CORRECT ANSWER-Use of Government Sources by
Contractors


FAR Part 52 - THE CORRECT ANSWER-Solicitation Provisions and
Contract Clauses


FAR Part 53 - THE CORRECT ANSWER-FORMS


Contracting Life Cycle Phases - THE CORRECT ANSWER-1. Pre-Award
2. Award
3. Post Award


Communication and Decision Making Bias - THE CORRECT ANSWER-
1. Minimize influence of Personal biases
2. Maximize the likelihood of a successful result.
3. Facilitate communication among affected parties.


Minimize the Effect of Personal Biases - THE CORRECT ANSWER-The
contracting professional should strive to minimize the influence
of personal biases.


Maximize the likelihood of Successful Results - THE CORRECT
ANSWER-1. AR 1.102-4(e) states that contracting officers "should
take the lead in encouraging business process innovations and
ensuring that business decisions are sound."

,Facilitate Communications Among Affected Parties - THE CORRECT
ANSWER-1. Effective communication minimizes the effect of
personal biases, maximizes the likelihood of successful results,
and facilitates communications among affected stakeholders.


Cost, quality and timeliness of products and services - THE
CORRECT ANSWER-1. FAR 1.102-2(a) tells contracting professionals
that a guiding principle is to satisfy customers in terms of cost,
quality, and timeliness of the delivered product or service.


Contracting Officer Representative (COR) - THE CORRECT ANSWER-1.
FAR 1.602-2(d)(7) states that contracting officers shall
designate CORs in writing and furnish copies to the contractor
and the contract administration office


Standards of conduct - THE CORRECT ANSWER-1. FAR 3.101-1 tells us
Government business shall be conducted in a manner above
reproach and, except as authorized by statute or regulation,
with complete impartiality and with preferential treatment for
none.


Methods of disseminating information - THE CORRECT ANSWER-1.
For proposed contract actions expected to exceed $25,000, by
synopsizing in theGovernment-wide Point of Entry (GPE).For
proposed contract actions expected to exceed $15,000, but not
expected to exceed$25,000. by displaying in a public place.


Justification and Approval (J&A) - THE CORRECT ANSWER-2.FAR
6.303-1(a) states a contracting officer shall not commence
negotiations for a sole source contract,commence negotiations

, for a contract resulting from an unsolicited proposal, or award
any othercontract without providing for full and open
competition unless the contracting officer-
I. Justifies, if required in FAR 6.302, the use of such actions in
writing;
II. Certifies the accuracy and completeness of the justification;
III. (and) Obtains the approval required by FAR 6.304.


Post award orientation: - THE CORRECT ANSWER-1. FAR 42.501(a)
states a post award orientation aids both Government and
contractor personnel to (1) achieve a clear and mutual
understanding of all contract requirements, and (2) identify
and resolve potential problems. However, it is not a substitute
for the contractor's fully understanding the work requirements
at the time offers are submitted, nor is it to be used to alter the
final agreement arrived at in any negotiations leading to
contract award.


Standards of Conduct: - THE CORRECT ANSWER-1. (FAR 3.101-1).
Transactions relating to the expenditure of public funds require
the highest degree of public trust and an impeccable standard
of conduct. The general rule is to avoid strictly any conflict of
interest, or even the appearance of a conflict of interest in
government-contractor relationships.


Solicitation and Acceptance of Gratuities by Government
Personnel - THE CORRECT ANSWER-The overarching rule on
accepting gifts from contractor/employees is at (FAR 3.101-2).
You may not solicit gifts from anyone, for any reason. This
means for yourself or for others. Federal employees are
prohibited from soliciting or accepting gifts.