CON 3900 Practice Exam: Questions & Answers: Latest Updated A+ Score Solution

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Market research is conducted during which phase of acquisition? (Ans- All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? (Ans- Deviation Simplifi... ed Acquisition Procedures (SAP) should (Ans- Promote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? (Ans- DD Form 1547, Weighted Guidelines Method What type(s) of contracts can be awarded when acquiring commercial items of supply? (Ans- Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment When using invitations for bids (IFBs), what type(s) of contracts can be awarded? (Ans- Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment Which of the following is correct regarding the DFARS Procedures Guidance and Information (PGI)? (Ans- The DFARS PGI is a companion resource to the DFARS Which of the following statements is accurate regarding the Government's policy on contract modifications? (Ans- Only contracting officers acting within the scope of their authority are authorized to execute contract modifications on behalf of the Government Which of the following is accurate about unilateral modifications? (Ans- Are only signed by a Government contracting officer, not the contractor Except when authorized otherwise, a Government contract: (Ans- Must be in writing Which is NOT a type of contracting officer? (Ans- Executive contracting officer With respect to the requirements of law, executive orders, regulations, and all other applicable procedures, prior to signing a contract, a contracting officer must: (Ans- Ensure that each has been met Joan stated that she was working on selecting solicitation provisions. With this in mind, you know the contract: (Ans- Has not been awarded A program manager asked John whether a contract clause is only used in the contract or if it applies to the solicitation as well. John correctly answered by replying with which of the following statements? (Ans- A contract clause is a term or condition used in contracts, or in both solicitations and contracts, that applies after contract award or both before and after award A contractor failed to deliver a commercial item within the time specified by the contract. As the Government contracting officer, you plan to terminate the contract. What type of termination would you proceed with? (Ans- Termination for Cause Which FAR part sets forth the basic policies and general information about the Federal Acquisition Regulations System? (Ans- FAR part 1 Which of the following statements best conveys the convention at FAR 1.108(b), delegation of authority? (Ans- Each authority is delegable unless specifically stated otherwise How many parts are there in the FAR? (Ans- 53 What is a Procurement Instrument Identifier (PIID)? (Ans- A unique number identifying each solicitation, contract, agreement, or order and related procurement instrument The DoD Procurement Instrument Identifier (PIID) is 13 positions long. Position 9 identifies the type of instrument. If position 9 is a "D", which of the following types of instruments is representative? (Ans- Indefinite-delivery contracts to include IDIQs and requirements contracts You are reviewing a contract that utilizes the uniform contract format. In Section J you see an exhibit. How will the exhibit be displayed? (Ans- With one or two alpha characters (e.g., Exhibit AA) Your customer comes to you anticipating a new requirement, one that has not been purchased recently. You'd like to refer them to the FAR part dealing specifically w [Show More]

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