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CON 1200V - Final Exam Questions
with Detailed Verified Answers
Which of the following statements is correct regarding the
government's policy for describing agency needs?
Market research should be used to limit competition to save
procurement time.
Restrictive provisions can only be used to the extent necessary to
meet agency needs or as authorized by law
Requirements should be defined in terms that encourage offerors
to supply government-unique items
Prime contractors should not be required to incorporate
commercial products as components of the items being supplied
to the agency Ans: Restrictive provisions can only be used to the
extent necessary to meet agency needs or as authorized by law
Which of the following types of requirements documents state
desired outcomes with associated standards for the services being
acquired?
Design oriented document
Guide
Performance oriented document
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Standards Ans: Performance oriented document
What statement is true regarding product and service codes?
Product and services codes should be selected based on the
main product or service being purchased
Most task orders contain only one product or service
Product and services codes do not need to be included in
contract actions
Product and service codes indicate why certain product, services,
and research and development was purchased for each
contract action Ans: Product and services codes should be
selected based on the main product or service being purchased
When should acquisition planning begin?
When a Source Selection Authority has been identified
When the requirement is received and accepted by the
Contracting Officer
When certified funds become available
As soon as the agency need is identified Ans: As soon as the
agency need is identified
According to FAR 7.105, a written acquisition plan has two main
parts, which are:
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Acquisition background and objectives, and plan of action
Competition, and cost
Performance period requirements, and source selection
procedures
Risks, and sources Ans: Acquisition background and objectives,
and plan of action
Which of the following is not a factor to be considered in the
determination of whether to lease or purchase equipment?
Net purchase price of equipment
Cumulative rental payments for the estimated period of use
Prior experience with contractors when leasing equipment
Estimated length of time equipment will be used Ans: Prior
experience with contractors when leasing equipment
Which of following is not a reason for the government to provide
Government Furnished Property (GFP)?
It is in the best interest of the government
The benefit outweighs the increased cost of administration
Government requirements cannot otherwise be met
CON 1200V - Final Exam Questions
with Detailed Verified Answers
Which of the following statements is correct regarding the
government's policy for describing agency needs?
Market research should be used to limit competition to save
procurement time.
Restrictive provisions can only be used to the extent necessary to
meet agency needs or as authorized by law
Requirements should be defined in terms that encourage offerors
to supply government-unique items
Prime contractors should not be required to incorporate
commercial products as components of the items being supplied
to the agency Ans: Restrictive provisions can only be used to the
extent necessary to meet agency needs or as authorized by law
Which of the following types of requirements documents state
desired outcomes with associated standards for the services being
acquired?
Design oriented document
Guide
Performance oriented document
, Page | 2
Standards Ans: Performance oriented document
What statement is true regarding product and service codes?
Product and services codes should be selected based on the
main product or service being purchased
Most task orders contain only one product or service
Product and services codes do not need to be included in
contract actions
Product and service codes indicate why certain product, services,
and research and development was purchased for each
contract action Ans: Product and services codes should be
selected based on the main product or service being purchased
When should acquisition planning begin?
When a Source Selection Authority has been identified
When the requirement is received and accepted by the
Contracting Officer
When certified funds become available
As soon as the agency need is identified Ans: As soon as the
agency need is identified
According to FAR 7.105, a written acquisition plan has two main
parts, which are:
, Page | 3
Acquisition background and objectives, and plan of action
Competition, and cost
Performance period requirements, and source selection
procedures
Risks, and sources Ans: Acquisition background and objectives,
and plan of action
Which of the following is not a factor to be considered in the
determination of whether to lease or purchase equipment?
Net purchase price of equipment
Cumulative rental payments for the estimated period of use
Prior experience with contractors when leasing equipment
Estimated length of time equipment will be used Ans: Prior
experience with contractors when leasing equipment
Which of following is not a reason for the government to provide
Government Furnished Property (GFP)?
It is in the best interest of the government
The benefit outweighs the increased cost of administration
Government requirements cannot otherwise be met
