Contract Specialist Practice Exam Questions CON 3990 UPDATED ACTUAL
QUESTIONS AND CORRECT ANSWERS
How often are statutory acquisition-related dollar Every five years
thresholds in the FAR adjusted for inflation?
A form of written approval signed by an authorized Determination and Findings
official that is required by statute or regulation as a
prerequisite to taking certain contract actions is defined
as a
Contracting officers below the level of __________ shall be a head of a contracting activity
selected and appointed.
According to the FAR conventions at Subpart 1.1, each specifically stated otherwise
authority is delagable unless
When an imperative sentence directs action in the FAR, the contracting officer
who is responsible for the action unless another party is
expressly cited?
a. the head of contracting activity
b. the Secretary of the Army
c. the contracting officer
d. the contracting specialist
Unauthorized commitments are agreements that are NOT the government representative who made the agreement lacked the authority to
binding solely because enter it
The simplified acquisition threshold for any contract in $1.5 million
support of contingency operations to be awarded and
performed, or purchase to be made, outside the U.S. is
Which of the following is a commercial item? A non-developmental item, if the procuring agency determines the item was
developed exclusively at private expense and sold in substantial quantities, on a
competitive basis, to multiple state and local governments.
, Consolidating two or more requirements for supplies or bundling
services, previously provided or performed under
separate smaller contracts into a solicitation for a single
contract that is likely to be unsuitable for award to a small
business concern.
a. best value
b. performance-based acquisition
c. bundling
d. non-developmental item
Which of the following are included in the definition of Letter contracts and job orders
"contracts"?
a. Awards and notices of awards and grants
b. Letter contracts and cooperative agreements
c. Letter contracts and job orders
d. Blanket purchase agreements and imprest funds
The government can minimize the opportunity for buying multiyear contracting, priced options, and amortization of nonrecurring costs.
in by using
A contractor's arrangements to pay contingent fees for they may lead to exercise of improper influence.
soliciting government contracts have long been
considered contrary to public policy because
a. they discourage competition.
b. they may lead to exercise of improper influence.
c. they result in excessive overhead costs.
d. accountability of costs is difficult to track.
is any money, fee, commission, credit, gift, gratuity, thing kickback
of value, or compensation of any kind which is provided,
directly or indirectly, to any prime contractor, prime
contractor, employee, subcontractor, or subcontractor
employee for the purpose of improperly obtaining or
rewarding favorable treatment in connection with a prime
contractor in connection with a subcontract relating to a
prime contract.
A contract with a corporation shall be signed in the corporate name, followed by the word "by" and the signature and title of
the person authorized to sign.
QUESTIONS AND CORRECT ANSWERS
How often are statutory acquisition-related dollar Every five years
thresholds in the FAR adjusted for inflation?
A form of written approval signed by an authorized Determination and Findings
official that is required by statute or regulation as a
prerequisite to taking certain contract actions is defined
as a
Contracting officers below the level of __________ shall be a head of a contracting activity
selected and appointed.
According to the FAR conventions at Subpart 1.1, each specifically stated otherwise
authority is delagable unless
When an imperative sentence directs action in the FAR, the contracting officer
who is responsible for the action unless another party is
expressly cited?
a. the head of contracting activity
b. the Secretary of the Army
c. the contracting officer
d. the contracting specialist
Unauthorized commitments are agreements that are NOT the government representative who made the agreement lacked the authority to
binding solely because enter it
The simplified acquisition threshold for any contract in $1.5 million
support of contingency operations to be awarded and
performed, or purchase to be made, outside the U.S. is
Which of the following is a commercial item? A non-developmental item, if the procuring agency determines the item was
developed exclusively at private expense and sold in substantial quantities, on a
competitive basis, to multiple state and local governments.
, Consolidating two or more requirements for supplies or bundling
services, previously provided or performed under
separate smaller contracts into a solicitation for a single
contract that is likely to be unsuitable for award to a small
business concern.
a. best value
b. performance-based acquisition
c. bundling
d. non-developmental item
Which of the following are included in the definition of Letter contracts and job orders
"contracts"?
a. Awards and notices of awards and grants
b. Letter contracts and cooperative agreements
c. Letter contracts and job orders
d. Blanket purchase agreements and imprest funds
The government can minimize the opportunity for buying multiyear contracting, priced options, and amortization of nonrecurring costs.
in by using
A contractor's arrangements to pay contingent fees for they may lead to exercise of improper influence.
soliciting government contracts have long been
considered contrary to public policy because
a. they discourage competition.
b. they may lead to exercise of improper influence.
c. they result in excessive overhead costs.
d. accountability of costs is difficult to track.
is any money, fee, commission, credit, gift, gratuity, thing kickback
of value, or compensation of any kind which is provided,
directly or indirectly, to any prime contractor, prime
contractor, employee, subcontractor, or subcontractor
employee for the purpose of improperly obtaining or
rewarding favorable treatment in connection with a prime
contractor in connection with a subcontract relating to a
prime contract.
A contract with a corporation shall be signed in the corporate name, followed by the word "by" and the signature and title of
the person authorized to sign.
