FAC C Package Comprehensive Exam
Questions
and Answers Verified Solutions Latest
Update
Question:
Which authority is legally binding in Government contracting and recognized by the
courts?.
Answer:
Actual Authority
Question:
Ensure that each has been met.
Answer:
With respect to the requirements of law, executive orders, regulations, and all other
applicable procedures, prior to signing a contract, what must a contracting officer
do?a) Document noncomplianceb) Ensure that each has been metc) Obtain legal
validation that each has been metd) Ensure that all statutory requirements have been
met and try to ensure all regulations or applicable procedures have been followed
Question:
In DoD contracting, who has the authority to enter into a legally binding contract?.
Answer:
Contracting Officer
Question:
Which of the following are essential elements of a contract?.
Answer:
Capacity, Consideration, Mutual Assent, Lawful Purpose
,Question:
True or False: A contract is defined as a mutually binding legal relationship obligating
the seller to furnish the supplies or services and the buyer to pay for them..
Answer:
True
Question:
Executive contracting officer.
Answer:
Which is NOT a type of contracting officer?a) Contracting officerb) Administrative
contracting officerc) Terminating contracting officerd) Executive contracting officer
Question:
True or False: Capacity is when each party either makes a promise or begins to render
performance..
Answer:
False, Capacity is the ability to understand and appreciate the terms of the contract.
Question:
Market research can be __________..
Answer:
Both A and B (Strategic and Tactical)
Question:
Answer:
How many parts are there in the FAR?a) 52b) 53c) 54d) 51
,Question:
Indefinite-delivery contracts to include IDIQs and requirements contracts.
Answer:
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?a) Indefinite-delivery contracts to include IDIQs and
requirements contractsb) Contracts of all types except indefinite-delivery contractsc)
Invitations for bids (IFBs)d) Blanket purchase agreements (BPAs)
Question:
True or False: Contracting Officers shall promote and provide for full and open
competition in soliciting offers and awarding Government contracts unless an
exception applies..
Answer:
True
Question:
Market Research is conducted during which phase of acquisition?.
Answer:
All phases of the acquisition
Question:
What is the use of a procedure that is inconsistent with the FAR?.
Answer:
Deviation
Question:
FAR part 1.
Answer:
Which FAR part sets forth the basic policies and general information about the Federal
Acquisition Regulations System?a) FAR part 1b) FAR part 2c) FAR part 52d) FAR part 53
, Question:
Simplified Acquisition Procedures should __________..
Answer:
Promote competition to the maximum extent practicable
Question:
What type(s) of contracts can be awarded when acquiring commercial products?.
Answer:
Only firm fixed price contracts or firm fixed with economic prices adjustment
Question:
Which is NOT a type of contracting officer?.
Answer:
Executive contracting officer
Question:
With respect to the requirements law, what must a KO ensure before signing a
contract?.
Answer:
Ensure each requirement has been met
Question:
Termination for Cause.
Answer:
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?a) Termination for Convenienceb)
Termination for Defaultc) Termination for Caused) Termination for Late
Deliveries-Commercial/Noncommercial
Questions
and Answers Verified Solutions Latest
Update
Question:
Which authority is legally binding in Government contracting and recognized by the
courts?.
Answer:
Actual Authority
Question:
Ensure that each has been met.
Answer:
With respect to the requirements of law, executive orders, regulations, and all other
applicable procedures, prior to signing a contract, what must a contracting officer
do?a) Document noncomplianceb) Ensure that each has been metc) Obtain legal
validation that each has been metd) Ensure that all statutory requirements have been
met and try to ensure all regulations or applicable procedures have been followed
Question:
In DoD contracting, who has the authority to enter into a legally binding contract?.
Answer:
Contracting Officer
Question:
Which of the following are essential elements of a contract?.
Answer:
Capacity, Consideration, Mutual Assent, Lawful Purpose
,Question:
True or False: A contract is defined as a mutually binding legal relationship obligating
the seller to furnish the supplies or services and the buyer to pay for them..
Answer:
True
Question:
Executive contracting officer.
Answer:
Which is NOT a type of contracting officer?a) Contracting officerb) Administrative
contracting officerc) Terminating contracting officerd) Executive contracting officer
Question:
True or False: Capacity is when each party either makes a promise or begins to render
performance..
Answer:
False, Capacity is the ability to understand and appreciate the terms of the contract.
Question:
Market research can be __________..
Answer:
Both A and B (Strategic and Tactical)
Question:
Answer:
How many parts are there in the FAR?a) 52b) 53c) 54d) 51
,Question:
Indefinite-delivery contracts to include IDIQs and requirements contracts.
Answer:
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?a) Indefinite-delivery contracts to include IDIQs and
requirements contractsb) Contracts of all types except indefinite-delivery contractsc)
Invitations for bids (IFBs)d) Blanket purchase agreements (BPAs)
Question:
True or False: Contracting Officers shall promote and provide for full and open
competition in soliciting offers and awarding Government contracts unless an
exception applies..
Answer:
True
Question:
Market Research is conducted during which phase of acquisition?.
Answer:
All phases of the acquisition
Question:
What is the use of a procedure that is inconsistent with the FAR?.
Answer:
Deviation
Question:
FAR part 1.
Answer:
Which FAR part sets forth the basic policies and general information about the Federal
Acquisition Regulations System?a) FAR part 1b) FAR part 2c) FAR part 52d) FAR part 53
, Question:
Simplified Acquisition Procedures should __________..
Answer:
Promote competition to the maximum extent practicable
Question:
What type(s) of contracts can be awarded when acquiring commercial products?.
Answer:
Only firm fixed price contracts or firm fixed with economic prices adjustment
Question:
Which is NOT a type of contracting officer?.
Answer:
Executive contracting officer
Question:
With respect to the requirements law, what must a KO ensure before signing a
contract?.
Answer:
Ensure each requirement has been met
Question:
Termination for Cause.
Answer:
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?a) Termination for Convenienceb)
Termination for Defaultc) Termination for Caused) Termination for Late
Deliveries-Commercial/Noncommercial
