CON 3910 U17-U21 Questions comprehensive Questions
and Answers with 100% Correct Answers | Latest Version
Question 1.
(True/False) The Contracting Officer is a person with the authority to enter into, administer,
and/or terminate contracts and make related determinations and findings
Correct Answer: True
Question 2.
What part of the FAR prescribes policies and procedures for assigning and performing
contract administration and contract audit services?
Correct Answer: FAR part 42
Question 3.
(True/False) The contract administration phase begins before award of the contract
Correct Answer: False
Question 4.
(True/False) The contracting officer may delegate additional functions to the CAO beyond
those listed in FAR 42.302
Correct Answer: True
Question 5.
(True/False) In a post award meeting, the contracting officer will conduct a preliminary
meeting of Government personnel and will designate or act as the chairperson at the
conference
Correct Answer: True
Question 6.
The contract management plan should be kept as simple and precise as possible and
should include
Correct Answer: What must be done When it must take place Who must do it How it is
to be accomplished Where it is to be accomplished
Question 7.
(True/False) The COR plays an important role in the post award phase of the acquisition and
is the "eyes and ears" of the contracting officer
Correct Answer: True
, Question 8.
(True/False) The DD Form 1484A may be used in conducting the conference and in
preparing the conference report
Correct Answer: True
Question 9.
(True/False) All invoice payments, with the exception of interim payments on
cost-reimbursement contracts for services, must be supported by a receiving report or other
Government documentation authorizing payment (e.g., Government certified voucher)
Correct Answer: True
Question 10.
The Government will not make invoice payments earlier than 7 days prior to the due dates
specified in the contract unless the agency head determines -
Correct Answer: - To make earlier payment on a case-by-case basis - That the use of
accelerated payment methods are necessary
Question 11.
What are some examples of contract financing methods?
Correct Answer: - Advanced Payments - Progress Payments - Performance Based
Payments
Question 12.
Contracting officers can only provide property to contractors when it is clearly demonstrated
-
Correct Answer: - To be in the Government's best interest - That the overall benefit to
the acquisition significantly outweighs the increased cost of administration, including
ultimate property disposal - That providing the property does not substantially
increase the Government's Assumption of risk - That Government re- quirements
cannot otherwise be met
Question 13.
(True/False) Government property shall normally be provided on a rent-free basis in
performance of the contract under which it is accountable or otherwise authorized
Correct Answer: True
Question 14.
(True/False) Generally, contractors are held liable for loss of Government property
Correct Answer: False
and Answers with 100% Correct Answers | Latest Version
Question 1.
(True/False) The Contracting Officer is a person with the authority to enter into, administer,
and/or terminate contracts and make related determinations and findings
Correct Answer: True
Question 2.
What part of the FAR prescribes policies and procedures for assigning and performing
contract administration and contract audit services?
Correct Answer: FAR part 42
Question 3.
(True/False) The contract administration phase begins before award of the contract
Correct Answer: False
Question 4.
(True/False) The contracting officer may delegate additional functions to the CAO beyond
those listed in FAR 42.302
Correct Answer: True
Question 5.
(True/False) In a post award meeting, the contracting officer will conduct a preliminary
meeting of Government personnel and will designate or act as the chairperson at the
conference
Correct Answer: True
Question 6.
The contract management plan should be kept as simple and precise as possible and
should include
Correct Answer: What must be done When it must take place Who must do it How it is
to be accomplished Where it is to be accomplished
Question 7.
(True/False) The COR plays an important role in the post award phase of the acquisition and
is the "eyes and ears" of the contracting officer
Correct Answer: True
, Question 8.
(True/False) The DD Form 1484A may be used in conducting the conference and in
preparing the conference report
Correct Answer: True
Question 9.
(True/False) All invoice payments, with the exception of interim payments on
cost-reimbursement contracts for services, must be supported by a receiving report or other
Government documentation authorizing payment (e.g., Government certified voucher)
Correct Answer: True
Question 10.
The Government will not make invoice payments earlier than 7 days prior to the due dates
specified in the contract unless the agency head determines -
Correct Answer: - To make earlier payment on a case-by-case basis - That the use of
accelerated payment methods are necessary
Question 11.
What are some examples of contract financing methods?
Correct Answer: - Advanced Payments - Progress Payments - Performance Based
Payments
Question 12.
Contracting officers can only provide property to contractors when it is clearly demonstrated
-
Correct Answer: - To be in the Government's best interest - That the overall benefit to
the acquisition significantly outweighs the increased cost of administration, including
ultimate property disposal - That providing the property does not substantially
increase the Government's Assumption of risk - That Government re- quirements
cannot otherwise be met
Question 13.
(True/False) Government property shall normally be provided on a rent-free basis in
performance of the contract under which it is accountable or otherwise authorized
Correct Answer: True
Question 14.
(True/False) Generally, contractors are held liable for loss of Government property
Correct Answer: False
