FAC 023 ACTUAL TEST PAPER 2026 FULL
QUESTIONS AND SOLUTIONS VERIFIED A+
●● T03.E03a
You are the contracting office for a firm-fixed-price purchase order for
commercial supplies with a value of $565,000. Two weeks after delivery
and acceptance of the items, the user complains that the goods are not
functioning as expected. You Investigate and determine that the items
are not fully compliant with the specification in the contract. who would
bear the cost of correcting the nonconforming supplies that were
accepted by the Government?.
Answer: The Contractor
●● T02.E05b
You just made a purchase for supplies in the amount of $22,300. You
solicited quotations orally from four local sources. Which of the
following statements is correct regarding providing notice to the
unsuccessful suppliers?.
Answer: Notice to the unsuccessful suppliers will only be given if
requested.
●● T02.E04
,You are the contracting officer for a requirement for commercial
services with and estimated value of $780,000. Four quotations were
received in response to the solicitation and market pricing is available.
Which one of the following statements about the price reasonableness
determination is most appropriate?.
Answer: Market research must be conducted or obtained to support the
fair and reasonable determination.
●● T03.E02
You are the contracting officer for a firm-fixed-priced services contract
valued at $105,975. Which one of the following statements about
closeout is correct?.
Answer: The contract is considered closed once you've received
evidence of receipt of service and final payment.
●● T02.E03a
Which one of the following is NOT one of the first steps taken when
questions are received in response to a solicitation using SAP..
Answer: Reviewing the quotations for responsibility
(1 of 3 known answers)
, ●● T01.E04
You have a requirement for administrative support with an estimated
value of $1,500,000. Market research shows numerous potential offerors
that are competitive in terms of market price quality, and delivery. That
list of potential offerors includes 4 small businesses and 8 large
businesses..
Answer: The entire acquisition must be set aside exclusively for small
business.
●● T02.E01d
You are the contracting officer for a construction requirement with and
estimated value of $20,600. Access to the written solicitation will not be
provided in the GPE, and none of the exceptions are FAR 5.202 apply.
Which one of the following correctly describes the requirement for
publicizing this proposed contract action.?.
Answer: Notice of the solicitation, or copy of the solicitation, must be
posted in a public place.
●● T03.E01a
QUESTIONS AND SOLUTIONS VERIFIED A+
●● T03.E03a
You are the contracting office for a firm-fixed-price purchase order for
commercial supplies with a value of $565,000. Two weeks after delivery
and acceptance of the items, the user complains that the goods are not
functioning as expected. You Investigate and determine that the items
are not fully compliant with the specification in the contract. who would
bear the cost of correcting the nonconforming supplies that were
accepted by the Government?.
Answer: The Contractor
●● T02.E05b
You just made a purchase for supplies in the amount of $22,300. You
solicited quotations orally from four local sources. Which of the
following statements is correct regarding providing notice to the
unsuccessful suppliers?.
Answer: Notice to the unsuccessful suppliers will only be given if
requested.
●● T02.E04
,You are the contracting officer for a requirement for commercial
services with and estimated value of $780,000. Four quotations were
received in response to the solicitation and market pricing is available.
Which one of the following statements about the price reasonableness
determination is most appropriate?.
Answer: Market research must be conducted or obtained to support the
fair and reasonable determination.
●● T03.E02
You are the contracting officer for a firm-fixed-priced services contract
valued at $105,975. Which one of the following statements about
closeout is correct?.
Answer: The contract is considered closed once you've received
evidence of receipt of service and final payment.
●● T02.E03a
Which one of the following is NOT one of the first steps taken when
questions are received in response to a solicitation using SAP..
Answer: Reviewing the quotations for responsibility
(1 of 3 known answers)
, ●● T01.E04
You have a requirement for administrative support with an estimated
value of $1,500,000. Market research shows numerous potential offerors
that are competitive in terms of market price quality, and delivery. That
list of potential offerors includes 4 small businesses and 8 large
businesses..
Answer: The entire acquisition must be set aside exclusively for small
business.
●● T02.E01d
You are the contracting officer for a construction requirement with and
estimated value of $20,600. Access to the written solicitation will not be
provided in the GPE, and none of the exceptions are FAR 5.202 apply.
Which one of the following correctly describes the requirement for
publicizing this proposed contract action.?.
Answer: Notice of the solicitation, or copy of the solicitation, must be
posted in a public place.
●● T03.E01a
