CON 1200V - Final Exam | Accurate Questions
and accurate Answers| Latest 2026/ 2027 Update
|Grade A (Complete Solutions)
Which of the following statements is correct regarding the government's policy for describing
agency needs?
Market research should be used to limit competition to save procurement time.
Restrictive provisions can only be used to the extent necessary to meet agency needs or as
authorized by law
Requirements should be defined in terms that encourage offerors to supply government-unique
items
Prime contractors should not be required to incorporate commercial products as components of
the items being supplied to the agency
Restrictive provisions can only be used to the extent necessary to meet agency needs or as
authorized by law
Which of the following types of requirements documents state desired outcomes with associated
standards for the services being acquired?
Design oriented document
Guide
Performance oriented document
Standards
Performance oriented document
What statement is true regarding product and service codes?
, CON 1200V - Final Exam | Accurate Questions
and accurate Answers| Latest 2026/ 2027 Update
|Grade A (Complete Solutions)
Product and services codes should be selected based on the main product or service being
purchased
Most task orders contain only one product or service
Product and services codes do not need to be included in contract actions
Product and service codes indicate why certain product, services, and research and development
was purchased for each contract action
Product and services codes should be selected based on the main product or service being
purchased
When should acquisition planning begin?
When a Source Selection Authority has been identified
When the requirement is received and accepted by the Contracting Officer
When certified funds become available
As soon as the agency need is identified
As soon as the agency need is identified
According to FAR 7.105, a written acquisition plan has two main parts, which are:
Acquisition background and objectives, and plan of action
Competition, and cost
Performance period requirements, and source selection procedures
Risks, and sources
, CON 1200V - Final Exam | Accurate Questions
and accurate Answers| Latest 2026/ 2027 Update
|Grade A (Complete Solutions)
Acquisition background and objectives, and plan of action
Which of the following is not a factor to be considered in the determination of whether to lease
or purchase equipment?
Net purchase price of equipment
Cumulative rental payments for the estimated period of use
Prior experience with contractors when leasing equipment
Estimated length of time equipment will be used
Prior experience with contractors when leasing equipment
Which of following is not a reason for the government to provide Government Furnished
Property (GFP)?
It is in the best interest of the government
The benefit outweighs the increased cost of administration
Government requirements cannot otherwise be met
It results in decreased competition to enable more efficient source selection
It results in decreased competition to enable more efficient source selection
An acquisition team is developing the Acquisition Plan for a complex requirement. The
following are risks that could impact the acquisition schedule EXCEPT:
and accurate Answers| Latest 2026/ 2027 Update
|Grade A (Complete Solutions)
Which of the following statements is correct regarding the government's policy for describing
agency needs?
Market research should be used to limit competition to save procurement time.
Restrictive provisions can only be used to the extent necessary to meet agency needs or as
authorized by law
Requirements should be defined in terms that encourage offerors to supply government-unique
items
Prime contractors should not be required to incorporate commercial products as components of
the items being supplied to the agency
Restrictive provisions can only be used to the extent necessary to meet agency needs or as
authorized by law
Which of the following types of requirements documents state desired outcomes with associated
standards for the services being acquired?
Design oriented document
Guide
Performance oriented document
Standards
Performance oriented document
What statement is true regarding product and service codes?
, CON 1200V - Final Exam | Accurate Questions
and accurate Answers| Latest 2026/ 2027 Update
|Grade A (Complete Solutions)
Product and services codes should be selected based on the main product or service being
purchased
Most task orders contain only one product or service
Product and services codes do not need to be included in contract actions
Product and service codes indicate why certain product, services, and research and development
was purchased for each contract action
Product and services codes should be selected based on the main product or service being
purchased
When should acquisition planning begin?
When a Source Selection Authority has been identified
When the requirement is received and accepted by the Contracting Officer
When certified funds become available
As soon as the agency need is identified
As soon as the agency need is identified
According to FAR 7.105, a written acquisition plan has two main parts, which are:
Acquisition background and objectives, and plan of action
Competition, and cost
Performance period requirements, and source selection procedures
Risks, and sources
, CON 1200V - Final Exam | Accurate Questions
and accurate Answers| Latest 2026/ 2027 Update
|Grade A (Complete Solutions)
Acquisition background and objectives, and plan of action
Which of the following is not a factor to be considered in the determination of whether to lease
or purchase equipment?
Net purchase price of equipment
Cumulative rental payments for the estimated period of use
Prior experience with contractors when leasing equipment
Estimated length of time equipment will be used
Prior experience with contractors when leasing equipment
Which of following is not a reason for the government to provide Government Furnished
Property (GFP)?
It is in the best interest of the government
The benefit outweighs the increased cost of administration
Government requirements cannot otherwise be met
It results in decreased competition to enable more efficient source selection
It results in decreased competition to enable more efficient source selection
An acquisition team is developing the Acquisition Plan for a complex requirement. The
following are risks that could impact the acquisition schedule EXCEPT:
