5/21/26, 8:41 AM
CON 1400V - FINAL EXAM | ACTUAL QUESTIONS AND
ANSWERS | 2026 UPDATE | 100% CORRECT.
Correct
Incorrect
Your answers
1 of 39
Term
What is implemented and sent to EDI to report contract closeout in
FPDS-NG?
DD Form 1597, Contract Closeout Checklist
A contract completion statement
EDI 567C or a contract modification marked "Closeout"
All documentation included in the file
Give this one a try later!
Standard Form (SF) 294 or individual Issue a contract modification to
subcontract reports (ISRs) deobligate excess funds
1/40
,5/21/26, 8:41 AM
EDI 567C or a contract Ensure the prime has closed all
modification marked "Closeout" subcontracts
Don't know?
2 of 39
Term
If supplies or services will not be delivered or performed in
accordance with the contract, the government can withhold or reduce
payment when no payment is due according to what section of the
FAR?
Nonconforming supplies or services. (FAR 46.407)
Delinquency notices. (FAR 49.607)
Contract Terms and Conditions - Commercial Products and
Commercial Services. (FAR 52.121-4)
Terms for Financing Purchases of Commercial Products and
Commercial Services. (FAR 52.232-29)
Give this one a try later!
Terms for Financing Purchases Upon receiving notice of physical
of Commercial Products and completion of the contract, a review
Commercial Services. (FAR begins of the contract requirements
52.232-29) and funds status
2/40
,5/21/26, 8:41 AM
Making final indirect cost rate Subcontracts obligating the
determinations and generate contracting officer to deal directly
property clearance with the subcontractor
Don't know?
3 of 39
Term
What must be managed to ensure successful contract completion?
Cost, schedule, and performance
Surveillance of quantity contract requirements
Prevention of defects
Surveillance of how a process is performed or how a product is made
Give this one a try later!
Ensure the prime has closed all
Government quality assurance
subcontracts
Cost, schedule, and
DoD Instruction (DoDI) 4161.02
performance
Don't know?
4 of 39
3/40
, 5/21/26, N8:41
NAM
Term
What part of the FAR is critical in mitigating risks?
N N N N N N N N N
FAR Part 33 prescribes policies and procedures for filing protests and
N N N N N N N N N N
N for processing contract disputes and appeals.
N N N N N
FAR Part 52 gives instructions for using provisions and clauses in
N N N N N N N N N N
solicitations and/or contracts N N
FAR Part 42 prescribes policies and procedures for preparing and
N N N N N N N N N
processing contract modifications for all types of contracts including
N N N N N N N N
N construction and architect-engineer contracts
N N N
FAR Part 46 ensures that supplies and services acquired under
N N N N N N N N N
N government contract conform to the contract's quality and quantity
N N N N N N N N
requirements and it lets all parties know their role in the execution of the
N N N N N N N N N N N N N
Ncontract and it sets forth the policies at the federal level
N N N N N N N N N N
Give Nthis None Na Ntry Nlater!
Upon Nreceiving Nnotice Nof Nphysical Ncompletion Nof Nthe Ncontract, Na Nreview Nbegins Nof
Nthe Ncontract Nrequirements Nand Nfunds Nstatus
FARN4.803
The Ncontractor Nhas Nnot Ndelivered Neverything Nthe Ncontract Nrequired N(material,
Nservices, Ndata, Netc.) Nand Nthe Ngovernment Nhas Nnot Npaid Nthe Ncontractor Nin Nfull
FAR NPart N46 Nensures Nthat Nsupplies Nand Nservices Nacquired Nunder Ngovernment
contract Nconform Nto Nthe Ncontract's Nquality Nand Nquantity Nrequirements Nand Nit Nlets
4/40
CON 1400V - FINAL EXAM | ACTUAL QUESTIONS AND
ANSWERS | 2026 UPDATE | 100% CORRECT.
Correct
Incorrect
Your answers
1 of 39
Term
What is implemented and sent to EDI to report contract closeout in
FPDS-NG?
DD Form 1597, Contract Closeout Checklist
A contract completion statement
EDI 567C or a contract modification marked "Closeout"
All documentation included in the file
Give this one a try later!
Standard Form (SF) 294 or individual Issue a contract modification to
subcontract reports (ISRs) deobligate excess funds
1/40
,5/21/26, 8:41 AM
EDI 567C or a contract Ensure the prime has closed all
modification marked "Closeout" subcontracts
Don't know?
2 of 39
Term
If supplies or services will not be delivered or performed in
accordance with the contract, the government can withhold or reduce
payment when no payment is due according to what section of the
FAR?
Nonconforming supplies or services. (FAR 46.407)
Delinquency notices. (FAR 49.607)
Contract Terms and Conditions - Commercial Products and
Commercial Services. (FAR 52.121-4)
Terms for Financing Purchases of Commercial Products and
Commercial Services. (FAR 52.232-29)
Give this one a try later!
Terms for Financing Purchases Upon receiving notice of physical
of Commercial Products and completion of the contract, a review
Commercial Services. (FAR begins of the contract requirements
52.232-29) and funds status
2/40
,5/21/26, 8:41 AM
Making final indirect cost rate Subcontracts obligating the
determinations and generate contracting officer to deal directly
property clearance with the subcontractor
Don't know?
3 of 39
Term
What must be managed to ensure successful contract completion?
Cost, schedule, and performance
Surveillance of quantity contract requirements
Prevention of defects
Surveillance of how a process is performed or how a product is made
Give this one a try later!
Ensure the prime has closed all
Government quality assurance
subcontracts
Cost, schedule, and
DoD Instruction (DoDI) 4161.02
performance
Don't know?
4 of 39
3/40
, 5/21/26, N8:41
NAM
Term
What part of the FAR is critical in mitigating risks?
N N N N N N N N N
FAR Part 33 prescribes policies and procedures for filing protests and
N N N N N N N N N N
N for processing contract disputes and appeals.
N N N N N
FAR Part 52 gives instructions for using provisions and clauses in
N N N N N N N N N N
solicitations and/or contracts N N
FAR Part 42 prescribes policies and procedures for preparing and
N N N N N N N N N
processing contract modifications for all types of contracts including
N N N N N N N N
N construction and architect-engineer contracts
N N N
FAR Part 46 ensures that supplies and services acquired under
N N N N N N N N N
N government contract conform to the contract's quality and quantity
N N N N N N N N
requirements and it lets all parties know their role in the execution of the
N N N N N N N N N N N N N
Ncontract and it sets forth the policies at the federal level
N N N N N N N N N N
Give Nthis None Na Ntry Nlater!
Upon Nreceiving Nnotice Nof Nphysical Ncompletion Nof Nthe Ncontract, Na Nreview Nbegins Nof
Nthe Ncontract Nrequirements Nand Nfunds Nstatus
FARN4.803
The Ncontractor Nhas Nnot Ndelivered Neverything Nthe Ncontract Nrequired N(material,
Nservices, Ndata, Netc.) Nand Nthe Ngovernment Nhas Nnot Npaid Nthe Ncontractor Nin Nfull
FAR NPart N46 Nensures Nthat Nsupplies Nand Nservices Nacquired Nunder Ngovernment
contract Nconform Nto Nthe Ncontract's Nquality Nand Nquantity Nrequirements Nand Nit Nlets
4/40
