CON 1400V STUDY QUESTIONS ACCURATELY SOLVED EXAM (VERIFIED)
When does contract administration planning begin? After
contract award
After the first invoice is received
Early in the acquisition process, when general planning begins February 2
Question at position 2
True or false? A contracting officer normally delegates conducting a
postaward orientation conference to the administrative contracting officer
(ACO) or the contracting officer’s representative (COR).
True
False
Question at position 3
Generally, government contracts do not hold contractors liable for loss of
government property if the property is provided under which type of
contract?
Contracts for commercial products and commercial services Contracts
with educational institutions
Cost-reimbursement contracts
Contracts that do not exceed the simplified acquisition threshold
Question at position 4
According to the Prompt Payment Act, how many days does the
government have from receipt of a proper invoice to submit
payment?
7
15
30
45
Question at position 5
What part of the Federal Acquisition Regulation (FAR) identifies the required
contract file documentation?
FAR 4.804
FAR 4.803
FAR 4.7
FAR 4.6
Question at position 6
When must a contractor maintain an approved property management
system and be monitored by a government property representative?
, Never
Always
If the contractor has failed an audit
If the contractor has been provided government furnished property
Question at position 7
What process is described in the following statement?
Using the technical specifications, COR, or in plant QAS inspects to ensure
supplies/services meet contract requirements.
Government quality assurance
Contractor performance
Government acceptance Contractor
invoice review
Question at position 8
Who are key stakeholders for a federal contract or program?
The program manager, the contracting officer, and the COR (if one is
assigned)
Only the contracting officer and COR
Only the procuring contracting officer (PCO) and the ACO None of
the choices
Question at position 9
True or false? A contractor is allowed to rebut any part of their performance
report in the Contractor Performance Assessment Reporting System (CPARS)
report once the government has finalized and submitted the report.
True
False
Question at position 10
What is considered government-furnished property?
Intellectual property
Items considered incidental to the place of performance Material,
equipment, and special tooling
Software
Question at position 11
Which statement is accurate regarding contractor submission of cost data?
It is required when modifying a contract or subcontract for commercial
products or commercial services
It is required when a waiver has been granted
When does contract administration planning begin? After
contract award
After the first invoice is received
Early in the acquisition process, when general planning begins February 2
Question at position 2
True or false? A contracting officer normally delegates conducting a
postaward orientation conference to the administrative contracting officer
(ACO) or the contracting officer’s representative (COR).
True
False
Question at position 3
Generally, government contracts do not hold contractors liable for loss of
government property if the property is provided under which type of
contract?
Contracts for commercial products and commercial services Contracts
with educational institutions
Cost-reimbursement contracts
Contracts that do not exceed the simplified acquisition threshold
Question at position 4
According to the Prompt Payment Act, how many days does the
government have from receipt of a proper invoice to submit
payment?
7
15
30
45
Question at position 5
What part of the Federal Acquisition Regulation (FAR) identifies the required
contract file documentation?
FAR 4.804
FAR 4.803
FAR 4.7
FAR 4.6
Question at position 6
When must a contractor maintain an approved property management
system and be monitored by a government property representative?
, Never
Always
If the contractor has failed an audit
If the contractor has been provided government furnished property
Question at position 7
What process is described in the following statement?
Using the technical specifications, COR, or in plant QAS inspects to ensure
supplies/services meet contract requirements.
Government quality assurance
Contractor performance
Government acceptance Contractor
invoice review
Question at position 8
Who are key stakeholders for a federal contract or program?
The program manager, the contracting officer, and the COR (if one is
assigned)
Only the contracting officer and COR
Only the procuring contracting officer (PCO) and the ACO None of
the choices
Question at position 9
True or false? A contractor is allowed to rebut any part of their performance
report in the Contractor Performance Assessment Reporting System (CPARS)
report once the government has finalized and submitted the report.
True
False
Question at position 10
What is considered government-furnished property?
Intellectual property
Items considered incidental to the place of performance Material,
equipment, and special tooling
Software
Question at position 11
Which statement is accurate regarding contractor submission of cost data?
It is required when modifying a contract or subcontract for commercial
products or commercial services
It is required when a waiver has been granted
