Master the Exam – Comprehensive
Study Guide with Practice Questions
and Verified Answers
Market research is conducted during which phase of acquisition? -answer ✅✅✅All
phases of the acquisition
What is the use of a procedure that is inconsistent with the FAR? -answer
✅✅✅Deviation
Simplified Acquisition Procedures (SAP) should? -answer ✅✅✅Promote competition to
the maximum extent practicable
What is the tool (form) used by DoD to apply a structured profit/fee? -answer ✅✅✅DD
Form 1547, Weighted Guidelines Method
What type(s) of contracts can be awarded when acquiring commercial items of supply?
-answer ✅✅✅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? -
answer ✅✅✅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)? -answer ✅✅✅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? -answer ✅✅✅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? -answer ✅✅✅Are
only signed by a Government contracting officer, not the contractor
, Except when authorized otherwise, a Government contract? -answer ✅✅✅Must be in
writing
Which is NOT a type of contracting officer? -answer ✅✅✅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? -answer
✅✅✅Ensure that each has been met
Joan stated that she was working on selecting solicitation provisions. With this in mind,
you know the contract? -answer ✅✅✅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? -answer ✅✅✅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? -answer ✅✅✅Termination for Cause
Which FAR part sets forth the basic policies and general information about the Federal
Acquisition Regulations System? -answer ✅✅✅FAR part 1
Which of the following statements best conveys the convention at FAR 1.108(b),
delegation of authority? -answer ✅✅✅Each authority is delegable unless specifically
stated otherwise
How many parts are there in the FAR? -answer ✅✅✅53
What is a Procurement Instrument Identifier (PIID)? -answer ✅✅✅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? -answer ✅✅✅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? -answer ✅✅✅With one or two alpha
characters (e.g., Exhibit AA)