(Latest 2025/2026 Update) Practice
Questions with Verified Answers | 100%
Correct| Graded A+.
Question:
What is the tool (form) used by DoD to apply a structured profit/fee??
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Answer:
DD Form 1547, Weighted Guidelines Method
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Question:
What type(s) of contracts can be awarded when acquiring commercial
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items of supply??
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Answer:
Only firm-fixed-price contracts or fixed-price contracts with economic
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price adjustment
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Question:
When using invitations for bids (IFBs), what type(s) of contracts can be
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awarded??
, Answer:
Only firm-fixed-price contracts or fixed-price contracts with economic
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price adjustment
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Question:
Which of the following is correct regarding the DFARS Procedures
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Guidance and Information (PGI)?? i,- i,- i,-
Answer:
The DFARS PGI is a companion resource to the DFARS
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Question:
Which of the following statements is accurate regarding the Government's
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policy on contract modifications??
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Answer:
Only contracting officers acting within the scope of their authority are
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authorized to execute contract modifications on behalf of the Government
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Question:
Market research is conducted during which phase of acquisition??
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Answer:
All phases of the acquisition
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