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CPPA, MODULE 4 EXAM UPDATED
EXAM WITH VERIFIED SOLUTIONS.
What is expected life of equipment generally at stated in FAR? -
correct answer -one year or more
What does Unique Federal Property exclude? - correct answer -
material, special test equipment (STE), special tooling (ST), real
property, and equipment
Generally, supporting contract administration should not be used
for subcontracts unless what? - correct answer -- Government
would otherwise incur undue cost
- Successful completion of the prime contract is threatened
- Subcontract is part of a major systems acquisition and special
surveillance is needed on high-risk or critical subsystems
What are the three property clauses in effect as of this writing? -
correct answer -1) 52.245-1 Government Property
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2) 52.245-2 Government Property (Installation Operation for
Services)
3) 52.245-9 Use and charges
What does 52.245-1 (f) require the contractor to develop? -
correct answer -Property management plans at the contract,
program, site, or entity level to enable :
1) Acquisition of property
2) Receipt of Government property
3) Records of Government property
4) Physical inventory
5) Subcontractor control
6) Reports
7) Relief of stewardship responsibility
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8) Utilizing Government property
9) Maintenance
10) Property close-out
52.245-1(f)(iii) requires that contractor's plan allow for the creation
and maintenance of records for each item of Government
property in the contractor's possession. What are the required
data elements for each record? - correct answer -1) The name,
commercial part number and description, manufacture, bulk
identifier, model number, and National Stock Number
2) Quantity received or fabricated, issued and balance on hand
3) Unit acquisition cost
4) Unique-item identifier or equivalent
5) Init of measure
6) Accountable contract number or equivalent code designation
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7) Location
8) Disposition
9) Posting reference and date of transaction
10) Date placed in service
What does 52.245-1 (f) (vi) require the contract to do upon an
incident of loss, damage, destruction and theft? - correct answer -
Must report the incident to the GPA as all the facts are known or
when requested by the GPA
What must the report required by 52.245-1 (f) (vi) include? -
correct answer -1) date of the incident
2) name, description, manufacturer, model number, and National
Stock Number, if applicable
3) the quantity
CPPA, MODULE 4 EXAM UPDATED
EXAM WITH VERIFIED SOLUTIONS.
What is expected life of equipment generally at stated in FAR? -
correct answer -one year or more
What does Unique Federal Property exclude? - correct answer -
material, special test equipment (STE), special tooling (ST), real
property, and equipment
Generally, supporting contract administration should not be used
for subcontracts unless what? - correct answer -- Government
would otherwise incur undue cost
- Successful completion of the prime contract is threatened
- Subcontract is part of a major systems acquisition and special
surveillance is needed on high-risk or critical subsystems
What are the three property clauses in effect as of this writing? -
correct answer -1) 52.245-1 Government Property
, Page | 2
2) 52.245-2 Government Property (Installation Operation for
Services)
3) 52.245-9 Use and charges
What does 52.245-1 (f) require the contractor to develop? -
correct answer -Property management plans at the contract,
program, site, or entity level to enable :
1) Acquisition of property
2) Receipt of Government property
3) Records of Government property
4) Physical inventory
5) Subcontractor control
6) Reports
7) Relief of stewardship responsibility
, Page | 3
8) Utilizing Government property
9) Maintenance
10) Property close-out
52.245-1(f)(iii) requires that contractor's plan allow for the creation
and maintenance of records for each item of Government
property in the contractor's possession. What are the required
data elements for each record? - correct answer -1) The name,
commercial part number and description, manufacture, bulk
identifier, model number, and National Stock Number
2) Quantity received or fabricated, issued and balance on hand
3) Unit acquisition cost
4) Unique-item identifier or equivalent
5) Init of measure
6) Accountable contract number or equivalent code designation
, Page | 4
7) Location
8) Disposition
9) Posting reference and date of transaction
10) Date placed in service
What does 52.245-1 (f) (vi) require the contract to do upon an
incident of loss, damage, destruction and theft? - correct answer -
Must report the incident to the GPA as all the facts are known or
when requested by the GPA
What must the report required by 52.245-1 (f) (vi) include? -
correct answer -1) date of the incident
2) name, description, manufacturer, model number, and National
Stock Number, if applicable
3) the quantity
