CON 1400V EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED)
LATEST UPDATE 2026/2027 | GRADED A+ | GUARANTEED PASS.
When does contract administration planning begin? After contract award After
the first invoice is received
Early in the acquisition process, when general planning begins February 2
Question at position 2
True or false? A contracting officer normally delegates conducting a postaward
orientation conference to the administrative contracting officer (ACO) or the
contracting officer’s representative (COR).
True
False
Question at position 3
Generally, government contracts do not hold contractors liable for loss of
government property if the property is provided under which type of contract?
Contracts for commercial products and commercial services Contracts with
educational institutions Cost-reimbursement contracts
Contracts that do not exceed the simplified acquisition threshold
Question at position 4
According to the Prompt Payment Act, how many days does the government have
from receipt of a proper invoice to submit payment?
7
15
30
45
Question at position 5
What part of the Federal Acquisition Regulation (FAR) identifies the required contract
file documentation?
FAR 4.804
FAR 4.803
FAR 4.7
, FAR 4.6
Question at position 6
Question at position 9
True or false? A contractor is allowed to rebut any part of their performance report in
the Contractor Performance Assessment Reporting System (CPARS) report once the
government has finalized and submitted the report. True
False
Question at position 10
What is considered government-furnished property?
Intellectual property
Items considered incidental to the place of performance Material, equipment, and
special tooling Software
Question at position 11
Which statement is accurate regarding contractor submission of cost data? It is
required when modifying a contract or subcontract for commercial products or
commercial services
It is required when a waiver has been granted
It may be required for modifications if there are no other means to determine the
price is fair and reasonable or to establish that the proposed costs are reasonable It
is required if the contracting officer determines that prices agreed upon are based
on adequate price competition
Question at position 12
What term is defined by this statement?
The technical requirements in the contract relating to the quality of the product or
service and those contract clauses prescribing inspection, and other quality
controls incumbent on the contractor, to assure that the product or service
conforms to the contractual requirements. Contractor performance Contract
quality requirements Inspection
Risk mitigation
Question at position 8
Who are key stakeholders for a federal contract or program?
The program manager, the contracting officer, and the COR (if one is
assigned)
Only the contracting officer and COR
LATEST UPDATE 2026/2027 | GRADED A+ | GUARANTEED PASS.
When does contract administration planning begin? After contract award After
the first invoice is received
Early in the acquisition process, when general planning begins February 2
Question at position 2
True or false? A contracting officer normally delegates conducting a postaward
orientation conference to the administrative contracting officer (ACO) or the
contracting officer’s representative (COR).
True
False
Question at position 3
Generally, government contracts do not hold contractors liable for loss of
government property if the property is provided under which type of contract?
Contracts for commercial products and commercial services Contracts with
educational institutions Cost-reimbursement contracts
Contracts that do not exceed the simplified acquisition threshold
Question at position 4
According to the Prompt Payment Act, how many days does the government have
from receipt of a proper invoice to submit payment?
7
15
30
45
Question at position 5
What part of the Federal Acquisition Regulation (FAR) identifies the required contract
file documentation?
FAR 4.804
FAR 4.803
FAR 4.7
, FAR 4.6
Question at position 6
Question at position 9
True or false? A contractor is allowed to rebut any part of their performance report in
the Contractor Performance Assessment Reporting System (CPARS) report once the
government has finalized and submitted the report. True
False
Question at position 10
What is considered government-furnished property?
Intellectual property
Items considered incidental to the place of performance Material, equipment, and
special tooling Software
Question at position 11
Which statement is accurate regarding contractor submission of cost data? It is
required when modifying a contract or subcontract for commercial products or
commercial services
It is required when a waiver has been granted
It may be required for modifications if there are no other means to determine the
price is fair and reasonable or to establish that the proposed costs are reasonable It
is required if the contracting officer determines that prices agreed upon are based
on adequate price competition
Question at position 12
What term is defined by this statement?
The technical requirements in the contract relating to the quality of the product or
service and those contract clauses prescribing inspection, and other quality
controls incumbent on the contractor, to assure that the product or service
conforms to the contractual requirements. Contractor performance Contract
quality requirements Inspection
Risk mitigation
Question at position 8
Who are key stakeholders for a federal contract or program?
The program manager, the contracting officer, and the COR (if one is
assigned)
Only the contracting officer and COR
