CON 3990 TEST FINAL PRACTICE ACTUAL
EXAM 2026 TEST BANK 2 VERSIONS
QUESTIONS WITH DETAILED VERIFIED
ANSWERS | ALREADY GRADED A+ | EXAM
QUESTIONS WILL COME FROM HERE! |
GUARANTEED PASS |
VERSION 1
"The Federal Supply Schedule program provides federal agencies with a simplified process for
obtaining commonly used commercial supplies and services at prices associated with volume
buying. It is directed and managed by the - CORRECT ANSWER=> General Services
Administration"
"What is the name of GSA's electronic system that allows ordering activities to post
requirements, obtain quotes, and issue orders electronically. - CORRECT ANSWER=> e-Buy"
"In the event that the Federal Prison Industries (FPI) and nonprofit agencies participating in the
AbilityOne Program produce identical services, the ordering offices shall purchase services from
the following sources based on priority. Identify the sources that has first priority:
a. AbilityOne participating nonprofit agencies
b. Federal Prison Industries, Inc.
c. Commercial Sources
d. Federal Supply Schedule - CORRECT ANSWER=> AbilityOne participating nonprofit agencies"
"Normally, testing and approval is appropriate in contracts for
1|Page
,a. research and development.
b. products requiring qualifications before award.
c. products normally sold in the commercial market.
d. products requiring an approved first article to serve as a manufacturing standard. - CORRECT
ANSWER=> products requiring an approved first article to serve as a manufacturing standard."
"A qualification requirement is a government requirement for - CORRECT ANSWER=> testing or
other quality assurance demonstration that must be completed before award"
"The names and addresses of all suspended contractors may be found at the
a. Excluded Parties List.
b. System for Award Management Exclusions.
c. Online Representations and Certifications Application.
d. Contractor Performance Assessment Reports System. - CORRECT ANSWER=> System for Award
Management Exclusions"
"Agencies are required to use the results of market research to determine
a. if detailed government specifications exist.
b. a fair and reasonable price.
c. the government's requirements.
d. the extent to which commercial items or non-developmental items could satisfy the need. -
CORRECT ANSWER=> the extent to which commercial items or non-developmental items could
satisfy the need."
"If market research indicates that neither commercial items nor non-developmental items are
available to satisfy agency needs, agencies
a. must re-evaluate the need and determine whether it can be restated to permit commercial or
non-developmental items to satisfy them.
b. may set-aside the procurement.
c. are authorized to pursue the acquisition as a restricted procurement.
d. shall solicit and award any resultant contract using FAR Part 12 policies and procedures. -
CORRECT ANSWER=> must re-evaluate the need and determine whether it can be restated to
permit commercial or non-developmental items to satisfy them."
2|Page
,"Within what timeframe may previously conducted market research be used before the award
of a task or delivery order? - CORRECT ANSWER=> Within 18 months, if the information is still
current, accurate, and relevant"
"Contract delivery or performance schedules may be expressed by
a. the means determined by the requiring activity.
b. the specific number of days from the date of the contract.
c. the specific time for delivery after the receipt by the buyer of each order under the contract.
d. any means the contractor specified in its bid or proposal. - CORRECT ANSWER=> the specific
number of days from the date of the contract."
"To the maximum extent practicable, acquisition officials should state all the following
requirements with respect to an acquisition of supplies or services, with the exception of -
CORRECT ANSWER=> preference for commercial or nondevelopmental items"
"A contractor is awarded four seperate contracts on the same day.
i. One contract is rated "DO" and has a final delivery date (FDD) in 60 days.
ii. Another contract is rated "DX" and has an FDD in 40 days.
iii. Another contract is rated "DO" and has an FDD in 10 days.
iv. The fourth contract is unrated, and has an FDD in 15 days.
What is the order of priority on the contracts?
a. iv, iii, i, ii
b. ii, iii, i, iv
c. ii, iii, iv, i
d. iii, iv, ii, i - CORRECT ANSWER=> ii, iii, i, iv
DX
DO
DO
Unrated"
"Contracting activities shall employ simplified acquisition procedures to the maximum extent
practicable for acquisitions of commercial items not exceeding
a. $1,000,000
3|Page
, b. $650,000
c. $7,500,000
d. $3,500,000 - CORRECT ANSWER=> $7,500,000"
"Unless otherwise provided, agencies shall use which of the following contract type(s) for the
acquisition of commercial items? - CORRECT ANSWER=> Firm-fixed-price or fixed-price with
economic price adjustment contracts"
"Cost Accounting Standards - CORRECT ANSWER=> do not apply to contacts and subcontracts for
commercial acquisition unless the contract provides for an economic price adjustment based on
actual cost incurred"
"When acquiring commercial items, the contracting officer - CORRECT ANSWER=> must establish
price reasonableness in accordance with FAR 13.106-3, 14.408-2, or subpart 15.4, as
applicable."
"A system whereby the contracting officer receives authorization from a fiscal and accounting
officer to obligate funds on purchase documents against a specified lump sum of funds reserved
for a specified time rather than obtaining individual obligation authority on each purchase
document is - CORRECT ANSWER=> bulk fundng"
"When considering a simplified acquisition, which database should contracting officers use as
their primary source of vendor information? - CORRECT ANSWER=> SAM - System for Award
Management"
"When using the Governmentwide Commercial Purchase card as a method of payment,
contracting officers need to verify a contractor's delinquent debt status in the System for Award
Management (SAM) database when those purchases are - CORRECT ANSWER=> above the micro-
purchase threshold"
"A contracting officer's decision not to set aside an acquisition for HUBZone small business or
service-disabled veteran-owned small business concerns when it is at or below the simplified
acquisition threshold - CORRECT ANSWER=> is not subject to review under FAR 19.4"
"Micro-purchases may be awarded without soliciting competitive quotations if
a. the award is made to a small business
b. the contracting officer determines that price is reasonable
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EXAM 2026 TEST BANK 2 VERSIONS
QUESTIONS WITH DETAILED VERIFIED
ANSWERS | ALREADY GRADED A+ | EXAM
QUESTIONS WILL COME FROM HERE! |
GUARANTEED PASS |
VERSION 1
"The Federal Supply Schedule program provides federal agencies with a simplified process for
obtaining commonly used commercial supplies and services at prices associated with volume
buying. It is directed and managed by the - CORRECT ANSWER=> General Services
Administration"
"What is the name of GSA's electronic system that allows ordering activities to post
requirements, obtain quotes, and issue orders electronically. - CORRECT ANSWER=> e-Buy"
"In the event that the Federal Prison Industries (FPI) and nonprofit agencies participating in the
AbilityOne Program produce identical services, the ordering offices shall purchase services from
the following sources based on priority. Identify the sources that has first priority:
a. AbilityOne participating nonprofit agencies
b. Federal Prison Industries, Inc.
c. Commercial Sources
d. Federal Supply Schedule - CORRECT ANSWER=> AbilityOne participating nonprofit agencies"
"Normally, testing and approval is appropriate in contracts for
1|Page
,a. research and development.
b. products requiring qualifications before award.
c. products normally sold in the commercial market.
d. products requiring an approved first article to serve as a manufacturing standard. - CORRECT
ANSWER=> products requiring an approved first article to serve as a manufacturing standard."
"A qualification requirement is a government requirement for - CORRECT ANSWER=> testing or
other quality assurance demonstration that must be completed before award"
"The names and addresses of all suspended contractors may be found at the
a. Excluded Parties List.
b. System for Award Management Exclusions.
c. Online Representations and Certifications Application.
d. Contractor Performance Assessment Reports System. - CORRECT ANSWER=> System for Award
Management Exclusions"
"Agencies are required to use the results of market research to determine
a. if detailed government specifications exist.
b. a fair and reasonable price.
c. the government's requirements.
d. the extent to which commercial items or non-developmental items could satisfy the need. -
CORRECT ANSWER=> the extent to which commercial items or non-developmental items could
satisfy the need."
"If market research indicates that neither commercial items nor non-developmental items are
available to satisfy agency needs, agencies
a. must re-evaluate the need and determine whether it can be restated to permit commercial or
non-developmental items to satisfy them.
b. may set-aside the procurement.
c. are authorized to pursue the acquisition as a restricted procurement.
d. shall solicit and award any resultant contract using FAR Part 12 policies and procedures. -
CORRECT ANSWER=> must re-evaluate the need and determine whether it can be restated to
permit commercial or non-developmental items to satisfy them."
2|Page
,"Within what timeframe may previously conducted market research be used before the award
of a task or delivery order? - CORRECT ANSWER=> Within 18 months, if the information is still
current, accurate, and relevant"
"Contract delivery or performance schedules may be expressed by
a. the means determined by the requiring activity.
b. the specific number of days from the date of the contract.
c. the specific time for delivery after the receipt by the buyer of each order under the contract.
d. any means the contractor specified in its bid or proposal. - CORRECT ANSWER=> the specific
number of days from the date of the contract."
"To the maximum extent practicable, acquisition officials should state all the following
requirements with respect to an acquisition of supplies or services, with the exception of -
CORRECT ANSWER=> preference for commercial or nondevelopmental items"
"A contractor is awarded four seperate contracts on the same day.
i. One contract is rated "DO" and has a final delivery date (FDD) in 60 days.
ii. Another contract is rated "DX" and has an FDD in 40 days.
iii. Another contract is rated "DO" and has an FDD in 10 days.
iv. The fourth contract is unrated, and has an FDD in 15 days.
What is the order of priority on the contracts?
a. iv, iii, i, ii
b. ii, iii, i, iv
c. ii, iii, iv, i
d. iii, iv, ii, i - CORRECT ANSWER=> ii, iii, i, iv
DX
DO
DO
Unrated"
"Contracting activities shall employ simplified acquisition procedures to the maximum extent
practicable for acquisitions of commercial items not exceeding
a. $1,000,000
3|Page
, b. $650,000
c. $7,500,000
d. $3,500,000 - CORRECT ANSWER=> $7,500,000"
"Unless otherwise provided, agencies shall use which of the following contract type(s) for the
acquisition of commercial items? - CORRECT ANSWER=> Firm-fixed-price or fixed-price with
economic price adjustment contracts"
"Cost Accounting Standards - CORRECT ANSWER=> do not apply to contacts and subcontracts for
commercial acquisition unless the contract provides for an economic price adjustment based on
actual cost incurred"
"When acquiring commercial items, the contracting officer - CORRECT ANSWER=> must establish
price reasonableness in accordance with FAR 13.106-3, 14.408-2, or subpart 15.4, as
applicable."
"A system whereby the contracting officer receives authorization from a fiscal and accounting
officer to obligate funds on purchase documents against a specified lump sum of funds reserved
for a specified time rather than obtaining individual obligation authority on each purchase
document is - CORRECT ANSWER=> bulk fundng"
"When considering a simplified acquisition, which database should contracting officers use as
their primary source of vendor information? - CORRECT ANSWER=> SAM - System for Award
Management"
"When using the Governmentwide Commercial Purchase card as a method of payment,
contracting officers need to verify a contractor's delinquent debt status in the System for Award
Management (SAM) database when those purchases are - CORRECT ANSWER=> above the micro-
purchase threshold"
"A contracting officer's decision not to set aside an acquisition for HUBZone small business or
service-disabled veteran-owned small business concerns when it is at or below the simplified
acquisition threshold - CORRECT ANSWER=> is not subject to review under FAR 19.4"
"Micro-purchases may be awarded without soliciting competitive quotations if
a. the award is made to a small business
b. the contracting officer determines that price is reasonable
4|Page
