CON 39904 Exam Questions and Answers Verified Solutions Latest Update

CON 3990V Exam Questions and
Answers Verified Solutions Latest
Update


Question:

Which of the following best reflects the core value of the Acquisition Team as described
in FAR Part 1.102-3?


Question:

Rigid adherence to policy


Question:

Teamwork and empowerment


Question:

Centralized decision-making


Question:

Avoidance of contractor input

Answer:
2. Teamwork and empowerment


Question:

According to FAR 1.102(d), when a policy or procedure is not addressed in the FAR,
which of the following actions should be taken?


Question:

Defer to the contracting officer's personal preference


Question:

Wait for new guidance from the FAR Council

,Question:

Use sound business judgment consistent with the FAR Guiding Principles


Question:

Cancel the acquisition

Answer:
3. Use sound business judgment consistent with the FAR Guiding Principles


Question:

According to the FAR, who comprises the Acquisition Team?


Question:

Only contracting officers and program managers


Question:

Only government procurement attorneys


Question:

All participants in the acquisition process, including contractors


Question:

Only federal employees

Answer:
3. All participants in the acquisition process, including contractors


Question:

Which of the following actions is MOST LIKELY a violation of federal ethical standards
for contracting officers?


Question:

Declining a vendor-sponsored lunch worth $15


Question:

Notifying a supervisor of a potential conflict of interest

,Question:

Refusing to disclose source selection information to the public


Question:

Accepting a holiday gift basket worth $100 from a contractor with an active contract

Answer:
4. Accepting a holiday gift basket worth $100 from a contractor with an active contract


Question:

Which of the following is considered a misuse of position under federal ethics rules?


Question:

Referring a friend's business to a contracting opportunity using your official email


Question:

Using your government title in a LinkedIn bio


Question:

Participating in market research for an upcoming procurement


Question:

Consulting legal counsel before acting on a perceived conflict

Answer:
1. Referring a friend's business to a contracting opportunity using your official email


Question:

What does the FAR say about the use of "best value" in making acquisition decisions?


Question:

Best value always means lowest price


Question:

Best value considers cost only

, Question:

Best value includes cost or price and other factors like quality and performance


Question:

Best value applies only to construction contracts

Answer:
3. Best value includes cost or price and other factors like quality and performance


Question:

Which of the following best describes the "appearance of impropriety" standard?


Question:

A rule that applies only when actual misconduct has occurred


Question:

A standard used to evaluate contracts over $1 million


Question:

Avoiding actions that may create an appearance of unethical behavior, even if none
occurred


Question:

A rule requiring written approval from the agency head

Answer:
3. Avoiding actions that may create an appearance of unethical behavior, even if none
occurred


Question:

What must a federal employee do upon discovering a potential organizational conflict
of interest (OCI) in a procurement?


Question:

Notify the contractor directly