CON 3990V 2027 | Questions and Answers | Authentic Question
Bank | A+ Standard
Question 1.
Which of the following best reflects the core value of the Acquisition Team as described
in FAR Part 1.102-3?
1. Rigid adherence to policy
2. Teamwork and empowerment
3. Centralized decision-making
4. Avoidance of contractor input
Correct Answer: 2. Teamwork and empowerment
Question 2.
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?
1. Defer to the contracting officer's personal preference
2. Wait for new guidance from the FAR Council
3. Use sound business judgment consistent with the FAR Guiding Principles
4. Cancel the acquisition
Correct Answer: 3. Use sound business judgment consistent with the FAR
Guiding Principles
Question 3.
According to the FAR, who comprises the Acquisition Team?
1. Only contracting officers and program managers
2. Only government procurement attorneys
3. All participants in the acquisition process, including contractors
4. Only federal employees
Correct Answer: 3. All participants in the acquisition process, including
contractors
Question 4.
Which of the following actions is MOST LIKELY a violation of federal ethical standards for
contracting officers?
1. Declining a vendor-sponsored lunch worth $15
2. Notifying a supervisor of a potential conflict of interest
3. Refusing to disclose source selection information to the public
4. Accepting a holiday gift basket worth $100 from a contractor with an active contract
Correct Answer: 4. Accepting a holiday gift basket worth $100 from a
contractor with an active contract
,Question 5.
Which of the following is considered a misuse of position under federal ethics rules?
1. Referring a friend's business to a contracting opportunity using your official email
2. Using your government title in a LinkedIn bio
3. Participating in market research for an upcoming procurement
4. Consulting legal counsel before acting on a perceived conflict
Correct Answer: 1. Referring a friend's business to a contracting opportunity
using your official email
Question 6.
What does the FAR say about the use of "best value" in making acquisition decisions?
1. Best value always means lowest price
2. Best value considers cost only
3. Best value includes cost or price and other factors like quality and performance
4. Best value applies only to construction contracts
Correct Answer: 3. Best value includes cost or price and other factors like
quality and performance
Question 7.
Which of the following best describes the "appearance of impropriety" standard?
1. A rule that applies only when actual misconduct has occurred
2. A standard used to evaluate contracts over $1 million
3. Avoiding actions that may create an appearance of unethical behavior, even if none
occurred
4. A rule requiring written approval from the agency head
Correct Answer: 3. Avoiding actions that may create an appearance of
unethical behavior, even if none occurred
Question 8.
What must a federal employee do upon discovering a potential organizational conflict of
interest (OCI) in a procurement?
1. Notify the contractor directly
2. Ignore it if the contract is under $250,000
3. Report it to the contracting officer or ethics official immediately
4. Terminate the procurement process
Correct Answer: 3. Report it to the contracting officer or ethics official
immediately
Question 9.
On CLIN 0001AB, what does the AB represent?
1. Sub clin
2. Sub CLIN item deliverable
, 3. The numeric value of the Sub CLIN
4. The cost breakdown of the CLIN
Correct Answer: 2. Sub CLIN item deliverable
Question 10.
A contractor who previously worked for your agency as a program manager submits a
bid for a contract you are overseeing. You recognize their name and know they had
access to sensitive procurement information. What should you do first?
1. Disqualify the contractor automatically due to a conflict of interest.
2. Review whether the contractor had access to proprietary or source selection
information.
3. Award the contract but include strict compliance clauses.
4. Notify the contractor and ask them to withdraw their bid voluntarily.
Correct Answer: 2. Review whether the contractor had access to proprietary or
source selection information.
Question 11.
Which of the following best describes a Contracting Officer's authority and
responsibilities in federal procurement?
1. The CO can delegate their authority to any federal government employee without
formal documentation.
2. The CO has the sole authority to enter into, administer, and terminate contracts on
behalf of the federal government.
3. The CO is responsible for technical evaluations and deciding contract awards without
consulting others.
4. The CO's primary role is to monitor contractor performance and provide daily
oversight.
Correct Answer: 2. The CO has the sole authority to enter into, administer, and
terminate contracts on behalf of the federal government.
Question 12.
A contractor offers a free training seminar to government acquisition personnel. Under
the Procurement Integrity Act, when is this permissible?
1. If the training is under $50 per person.
2. If the contractor is a small business.
3. If the training is widely available to the public and not tied to a specific procurement.
4. If the contracting officer approves it in advance.
Correct Answer: 3. If the training is widely available to the public and not tied
to a specific procurement.
Bank | A+ Standard
Question 1.
Which of the following best reflects the core value of the Acquisition Team as described
in FAR Part 1.102-3?
1. Rigid adherence to policy
2. Teamwork and empowerment
3. Centralized decision-making
4. Avoidance of contractor input
Correct Answer: 2. Teamwork and empowerment
Question 2.
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?
1. Defer to the contracting officer's personal preference
2. Wait for new guidance from the FAR Council
3. Use sound business judgment consistent with the FAR Guiding Principles
4. Cancel the acquisition
Correct Answer: 3. Use sound business judgment consistent with the FAR
Guiding Principles
Question 3.
According to the FAR, who comprises the Acquisition Team?
1. Only contracting officers and program managers
2. Only government procurement attorneys
3. All participants in the acquisition process, including contractors
4. Only federal employees
Correct Answer: 3. All participants in the acquisition process, including
contractors
Question 4.
Which of the following actions is MOST LIKELY a violation of federal ethical standards for
contracting officers?
1. Declining a vendor-sponsored lunch worth $15
2. Notifying a supervisor of a potential conflict of interest
3. Refusing to disclose source selection information to the public
4. Accepting a holiday gift basket worth $100 from a contractor with an active contract
Correct Answer: 4. Accepting a holiday gift basket worth $100 from a
contractor with an active contract
,Question 5.
Which of the following is considered a misuse of position under federal ethics rules?
1. Referring a friend's business to a contracting opportunity using your official email
2. Using your government title in a LinkedIn bio
3. Participating in market research for an upcoming procurement
4. Consulting legal counsel before acting on a perceived conflict
Correct Answer: 1. Referring a friend's business to a contracting opportunity
using your official email
Question 6.
What does the FAR say about the use of "best value" in making acquisition decisions?
1. Best value always means lowest price
2. Best value considers cost only
3. Best value includes cost or price and other factors like quality and performance
4. Best value applies only to construction contracts
Correct Answer: 3. Best value includes cost or price and other factors like
quality and performance
Question 7.
Which of the following best describes the "appearance of impropriety" standard?
1. A rule that applies only when actual misconduct has occurred
2. A standard used to evaluate contracts over $1 million
3. Avoiding actions that may create an appearance of unethical behavior, even if none
occurred
4. A rule requiring written approval from the agency head
Correct Answer: 3. Avoiding actions that may create an appearance of
unethical behavior, even if none occurred
Question 8.
What must a federal employee do upon discovering a potential organizational conflict of
interest (OCI) in a procurement?
1. Notify the contractor directly
2. Ignore it if the contract is under $250,000
3. Report it to the contracting officer or ethics official immediately
4. Terminate the procurement process
Correct Answer: 3. Report it to the contracting officer or ethics official
immediately
Question 9.
On CLIN 0001AB, what does the AB represent?
1. Sub clin
2. Sub CLIN item deliverable
, 3. The numeric value of the Sub CLIN
4. The cost breakdown of the CLIN
Correct Answer: 2. Sub CLIN item deliverable
Question 10.
A contractor who previously worked for your agency as a program manager submits a
bid for a contract you are overseeing. You recognize their name and know they had
access to sensitive procurement information. What should you do first?
1. Disqualify the contractor automatically due to a conflict of interest.
2. Review whether the contractor had access to proprietary or source selection
information.
3. Award the contract but include strict compliance clauses.
4. Notify the contractor and ask them to withdraw their bid voluntarily.
Correct Answer: 2. Review whether the contractor had access to proprietary or
source selection information.
Question 11.
Which of the following best describes a Contracting Officer's authority and
responsibilities in federal procurement?
1. The CO can delegate their authority to any federal government employee without
formal documentation.
2. The CO has the sole authority to enter into, administer, and terminate contracts on
behalf of the federal government.
3. The CO is responsible for technical evaluations and deciding contract awards without
consulting others.
4. The CO's primary role is to monitor contractor performance and provide daily
oversight.
Correct Answer: 2. The CO has the sole authority to enter into, administer, and
terminate contracts on behalf of the federal government.
Question 12.
A contractor offers a free training seminar to government acquisition personnel. Under
the Procurement Integrity Act, when is this permissible?
1. If the training is under $50 per person.
2. If the contractor is a small business.
3. If the training is widely available to the public and not tied to a specific procurement.
4. If the contracting officer approves it in advance.
Correct Answer: 3. If the training is widely available to the public and not tied
to a specific procurement.
