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Exam (elaborations)

FCR 110 Post Test Questions and Answers 2026 Update;Defense Acquisition University

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FCR 110 Post Test Questions and Answers 2026 Update;Defense Acquisition University

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FCR 110 Post Test Questions and
Answers 2026 Update;Defense
Acquisition University
Course

FCR 110

1. What is the primary purpose of the Federal Acquisition Regulation (FAR)?

A. To regulate military operations
B. To establish uniform policies and procedures for federal acquisitions
C. To determine military promotion requirements
D. To regulate private-sector employment

Correct Answer: B. To establish uniform policies and procedures for federal acquisitions

Rationale: The FAR establishes uniform policies and procedures governing federal executive-
agency acquisitions.



2. What is one fundamental objective of the federal acquisition system?

A. Minimize competition
B. Maximize contractor profits
C. Satisfy the government's needs efficiently and effectively
D. Eliminate small-business participation

Correct Answer: C. Satisfy the government's needs efficiently and effectively

Rationale: Federal acquisition seeks to satisfy agency requirements while promoting efficiency,
competition, integrity, and responsible stewardship of public resources.



3. What is a procedure that is inconsistent with the FAR called?

A. Deviation
B. Amendment
C. Modification
D. Ratification

Correct Answer: A. Deviation

,Rationale: A deviation is an authorization to depart from a FAR requirement under applicable
circumstances.



4. When does market research occur in the acquisition process?

A. Only before acquisition planning
B. Only during source selection
C. Only after contract award
D. Throughout the acquisition process as appropriate

Correct Answer: D. Throughout the acquisition process as appropriate

Rationale: Market research is not restricted to one phase. It can support requirements
development, acquisition strategy, solicitation, and other acquisition decisions.



5. What is a primary purpose of market research?

A. To select a preferred contractor before solicitation
B. To understand available commercial products, services, capabilities, and market conditions
C. To eliminate competition
D. To determine employee salaries

Correct Answer: B. To understand available commercial products, services, capabilities, and
market conditions

Rationale: Market research helps acquisition teams understand the marketplace and develop
appropriate acquisition strategies and requirements.



6. Simplified Acquisition Procedures are intended primarily to:

A. Eliminate competition
B. Promote efficiency while obtaining competition to the maximum extent practicable
C. Require certified cost or pricing data for every purchase
D. Be used exclusively for major weapons systems

Correct Answer: B. Promote efficiency while obtaining competition to the maximum extent
practicable

Rationale: SAP streamlines acquisitions while retaining appropriate competition and safeguards.

,7. Which document is used by DoD to apply the weighted guidelines method for profit or fee
analysis?

A. DD Form 1547
B. SF 30
C. SF 44
D. DD Form 250

Correct Answer: A. DD Form 1547

Rationale: DD Form 1547 is associated with the DoD weighted guidelines method used in
profit/fee analysis.



8. A contract in which the contractor agrees to perform specified work for a price that
generally does not change based on actual cost is known as:

A. Cost-plus-fixed-fee
B. Firm-fixed-price
C. Cost-sharing
D. Time-and-materials

Correct Answer: B. Firm-fixed-price

Rationale: Under a firm-fixed-price contract, the price is generally established and does not
normally adjust based on the contractor's actual costs.



9. When requirements can be clearly defined and costs can reasonably be estimated, which
contract type is generally preferred?

A. Firm-fixed-price
B. Cost-plus-award-fee
C. Cost-plus-incentive-fee
D. Cost-sharing

Correct Answer: A. Firm-fixed-price

Rationale: A firm-fixed-price contract is generally appropriate when the government can clearly
define requirements and the contractor can reasonably estimate costs and performance risk.



10. Which contract type places substantial cost risk on the contractor?

, A. Firm-fixed-price
B. Cost-plus-fixed-fee
C. Cost-plus-award-fee
D. Cost-reimbursement

Correct Answer: A. Firm-fixed-price

Rationale: The contractor generally bears greater risk that actual costs will exceed the agreed
price.



11. Cost-reimbursement contracts are generally appropriate when:

A. Requirements and costs are easily predictable
B. There is sufficient certainty to establish a firm fixed price
C. uncertainties make it difficult to estimate performance costs accurately
D. the government wants to eliminate contractor risk completely

Correct Answer: C. uncertainties make it difficult to estimate performance costs accurately

Rationale: Cost-reimbursement contracting may be appropriate when significant uncertainties
prevent realistic pricing of a fixed-price contract.



12. What is the role of a Contracting Officer (CO)?

A. To perform all technical work for the contractor
B. To act as the government's authorized contracting representative
C. To supervise every contractor employee
D. To replace the program manager

Correct Answer: B. To act as the government's authorized contracting representative

Rationale: The contracting officer has authority to enter into, administer, and/or terminate
contracts and make related determinations within delegated authority.



13. What does COR stand for?

A. Contract Operations Reviewer
B. Contracting Officer's Representative
C. Contract Organization Regulator
D. Contractor Oversight Representative

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