CON 1200V PRACTICE TEST CON 1200V PRACTICE
TEST 2026 | 100 COMPREHENSIVE EXAM QUESTIONS
WITH VERIFIED ANSWERS & DETAILED
RATIONALES | COMPLETE CERTIFICATION EXAM
PREP STUDY GUIDE 2026 MOST RECENT
1. Which document provides the foundation for the federal acquisition
process?
A. Defense Federal Acquisition Regulation Supplement (DFARS) only
B. Federal Acquisition Regulation (FAR)
C. Office of Personnel Management Handbook
D. Federal Travel Regulation
Rationale: The FAR is the primary regulation governing all federal acquisitions.
2. What is the primary objective of acquisition planning?
A. To maximize contract duration
B. To eliminate competition
C. To ensure the government's needs are met in the most effective, economical,
and timely manner
D. To reduce contractor responsibilities
Rationale: Acquisition planning promotes efficient procurement while obtaining
best value.
3. Which FAR Part primarily addresses Acquisition Planning?
A. FAR Part 6
B. FAR Part 12
C. FAR Part 7
D. FAR Part 15
Rationale: FAR Part 7 establishes policies and procedures for acquisition planning.
, 4. Best value in federal contracting refers to:
A. Selecting the lowest-priced offer every time
B. Awarding only to large businesses
C. Choosing the proposal that provides the greatest overall benefit considering
price and other factors
D. Selecting the first acceptable proposal received
Rationale: Best value may include technical, management, past performance, and
price considerations.
5. Market research should normally be conducted:
A. Only after contract award
B. Only for construction contracts
C. Before developing the acquisition strategy
D. After negotiations begin
Rationale: Early market research helps identify capable sources and commercial
solutions.
6. Which FAR Part covers Market Research?
A. FAR Part 5
B. FAR Part 10
C. FAR Part 13
D. FAR Part 19
Rationale: FAR Part 10 establishes market research requirements.
7. Commercial products should generally be acquired:
A. Only through sealed bidding
B. Without market research
C. Whenever they can satisfy agency requirements
D. Only through sole-source contracts
Rationale: Federal policy encourages the acquisition of commercial products and
services.
, 8. Which contract type places the greatest cost risk on the contractor?
A. Cost-Reimbursement
B. Time-and-Materials
C. Labor-Hour
D. Firm-Fixed-Price
Rationale: Under a Firm-Fixed-Price contract, the contractor bears most cost risk.
9. Which contract type places the greatest cost risk on the government?
A. Firm-Fixed-Price
B. Fixed-Price Incentive
C. Cost-Reimbursement
D. Fixed-Price with Economic Price Adjustment
Rationale: The government reimburses allowable costs under cost-reimbursement
contracts.
10.Competition requirements are primarily addressed in:
A. FAR Part 2
B. FAR Part 6
C. FAR Part 11
D. FAR Part 36
Rationale: FAR Part 6 establishes competition requirements.
11.Full and open competition means:
A. Every company automatically receives a contract.
B. All responsible sources are permitted to compete unless an exception applies.
C. Only small businesses may compete.
D. Only incumbent contractors may compete.
Rationale: Competition maximizes fairness and value to the government.
12.Which document describes the government's requirements?
TEST 2026 | 100 COMPREHENSIVE EXAM QUESTIONS
WITH VERIFIED ANSWERS & DETAILED
RATIONALES | COMPLETE CERTIFICATION EXAM
PREP STUDY GUIDE 2026 MOST RECENT
1. Which document provides the foundation for the federal acquisition
process?
A. Defense Federal Acquisition Regulation Supplement (DFARS) only
B. Federal Acquisition Regulation (FAR)
C. Office of Personnel Management Handbook
D. Federal Travel Regulation
Rationale: The FAR is the primary regulation governing all federal acquisitions.
2. What is the primary objective of acquisition planning?
A. To maximize contract duration
B. To eliminate competition
C. To ensure the government's needs are met in the most effective, economical,
and timely manner
D. To reduce contractor responsibilities
Rationale: Acquisition planning promotes efficient procurement while obtaining
best value.
3. Which FAR Part primarily addresses Acquisition Planning?
A. FAR Part 6
B. FAR Part 12
C. FAR Part 7
D. FAR Part 15
Rationale: FAR Part 7 establishes policies and procedures for acquisition planning.
, 4. Best value in federal contracting refers to:
A. Selecting the lowest-priced offer every time
B. Awarding only to large businesses
C. Choosing the proposal that provides the greatest overall benefit considering
price and other factors
D. Selecting the first acceptable proposal received
Rationale: Best value may include technical, management, past performance, and
price considerations.
5. Market research should normally be conducted:
A. Only after contract award
B. Only for construction contracts
C. Before developing the acquisition strategy
D. After negotiations begin
Rationale: Early market research helps identify capable sources and commercial
solutions.
6. Which FAR Part covers Market Research?
A. FAR Part 5
B. FAR Part 10
C. FAR Part 13
D. FAR Part 19
Rationale: FAR Part 10 establishes market research requirements.
7. Commercial products should generally be acquired:
A. Only through sealed bidding
B. Without market research
C. Whenever they can satisfy agency requirements
D. Only through sole-source contracts
Rationale: Federal policy encourages the acquisition of commercial products and
services.
, 8. Which contract type places the greatest cost risk on the contractor?
A. Cost-Reimbursement
B. Time-and-Materials
C. Labor-Hour
D. Firm-Fixed-Price
Rationale: Under a Firm-Fixed-Price contract, the contractor bears most cost risk.
9. Which contract type places the greatest cost risk on the government?
A. Firm-Fixed-Price
B. Fixed-Price Incentive
C. Cost-Reimbursement
D. Fixed-Price with Economic Price Adjustment
Rationale: The government reimburses allowable costs under cost-reimbursement
contracts.
10.Competition requirements are primarily addressed in:
A. FAR Part 2
B. FAR Part 6
C. FAR Part 11
D. FAR Part 36
Rationale: FAR Part 6 establishes competition requirements.
11.Full and open competition means:
A. Every company automatically receives a contract.
B. All responsible sources are permitted to compete unless an exception applies.
C. Only small businesses may compete.
D. Only incumbent contractors may compete.
Rationale: Competition maximizes fairness and value to the government.
12.Which document describes the government's requirements?
