NURSING EXAM QUESTIONS AND
ANSWERS) 2025 EDITION
The major categories of acquisition: - Correct Answer 1. Supplies and equipment
2. Services
3. Construction
4. Research and Development
What is the source of the Government's contracting powers? - Correct Answer
Constitution
The three major phases of contracting: - Correct Answer 1. Contract Planning (Working
w/customer)
2. Contract Formation (Execution)
3. Contract Administration (Assessment)
What is conducted during Contract Planning? - Correct Answer 1. Market research
2. Planning for Competition
3. Describing agency needs
(Market Research, Commercial Items, Describing Agency Needs, Competition, Contract
Type, Special Contracting Methods, Socioeconomic Programs, Special Terms &
Conditions, Contractor Qualifications, Financing)
What is conducted during Contract Formation? - Correct Answer 1. Solicitation
2. Negotiation of contract terms
3. Prepare and award
,Contracting Exam #1-4 (5★ STAR
NURSING EXAM QUESTIONS AND
ANSWERS) 2025 EDITION
(Publicizing Contract Actions, Sealed Bidding, Contracting by Negotiation, Simplified
Acquisition Procedures, Contract Pricing, Emergency Acquisitions)
What is conducted during Contract Administration? - Correct Answer All post award
activities:
(Post-award Orientation, Contract Interpretation, Quality Assurance, Payment,
Modifications, Administration of Special Terms & Conditions, Government Property,
Delays, Disputes and Appeals, Terminations, Closeout)
The types of KOs and their duties: - Correct Answer 1. Procuring Contracting Officer (PCO)
-
KO primarily engaged in awarding contracts
2. Administrative Contracting Officer (ACO) -
Primarily engaged in administering contracts (Post Award)
3. Termination Contracting Officer (TCO) -
Primarily engaged in Terminating Contracts1.
Contracting Officer is a person with the _____________ to enter into, administer, and/or
terminate contracts. - Correct Answer authority
Christian Doctrine - Correct Answer Legal rule providing that clauses required by
regulation to be included in government contracts will be read into a contract whether or
not physically included in the contract, unless a property deviation from the regulations
has been obtained.
, Contracting Exam #1-4 (5★ STAR
NURSING EXAM QUESTIONS AND
ANSWERS) 2025 EDITION
Types of Contracting Authority: - Correct Answer 1. Express
2. Implied
3. Apparent
What branch of government do we fall under? - Correct Answer Executive
List some key success factors for effective team building? - Correct Answer Leadership
Member Competency
Skill mix
Shared vision
Collaboration
Empowerment
Technology Support
Collocation
Team Size
What are some advantages of teamwork? - Correct Answer - Able to do more together
than alone
- Able to share resources
- Able to brainstorm ideas
- Innovation and creativity is enhanced
- Able to create extraordinary results
- Individuals bring their own expertise