CON 1200V - Final Exam QUESTIONS
AND VERIFIED CORRECT ANSWERS
GRADED A+ [LATEST 2026-2027] 100%
GUARANTEED PASS
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 - CORRECT ANSWER-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 - CORRECT
ANSWER-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:
Late deliveries
Use of a Critical Path Method (CPM) schedule type
, Political pressure
Changing requirements - CORRECT ANSWER-Use of a Critical Path Method (CPM) schedule type
When selecting a contract type, which of the following is true?
The objective is to select a contract type that will result in the lowest government risk
The objective is to select a contract type that will result in the lowest contractor risk
The objective is to select a contract type that will result in a reasonable contractor risk
Contractor risk is not considered when selecting a contract type - CORRECT ANSWER-The
objective is to select a contract type that will result in a reasonable contractor risk
All of the following sources can satisfy an agency's need for a particular service. According to
the priority order for services in FAR 8.002, which source must the agency use?
The procurement list maintained by the Committee for Purchase from People Who Are Blind or
Severely Disabled (Ability One)
UNICOR (Federal Prison Industries)
The lowest-priced GSA vendor
Any contractor at the agency's discretion - CORRECT ANSWER-The procurement list maintained
by the Committee for Purchase from People Who Are Blind or Severely Disabled (Ability One)
What level of competition is required for acquisitions using simplified acquisition procedures?
Full and open competition after the exclusion of sources
Full and open competition
Competition to the maximum extent practicable
Other than full and open competition - CORRECT ANSWER-Competition to the maximum extent
practicable
AND VERIFIED CORRECT ANSWERS
GRADED A+ [LATEST 2026-2027] 100%
GUARANTEED PASS
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 - CORRECT ANSWER-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 - CORRECT
ANSWER-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:
Late deliveries
Use of a Critical Path Method (CPM) schedule type
, Political pressure
Changing requirements - CORRECT ANSWER-Use of a Critical Path Method (CPM) schedule type
When selecting a contract type, which of the following is true?
The objective is to select a contract type that will result in the lowest government risk
The objective is to select a contract type that will result in the lowest contractor risk
The objective is to select a contract type that will result in a reasonable contractor risk
Contractor risk is not considered when selecting a contract type - CORRECT ANSWER-The
objective is to select a contract type that will result in a reasonable contractor risk
All of the following sources can satisfy an agency's need for a particular service. According to
the priority order for services in FAR 8.002, which source must the agency use?
The procurement list maintained by the Committee for Purchase from People Who Are Blind or
Severely Disabled (Ability One)
UNICOR (Federal Prison Industries)
The lowest-priced GSA vendor
Any contractor at the agency's discretion - CORRECT ANSWER-The procurement list maintained
by the Committee for Purchase from People Who Are Blind or Severely Disabled (Ability One)
What level of competition is required for acquisitions using simplified acquisition procedures?
Full and open competition after the exclusion of sources
Full and open competition
Competition to the maximum extent practicable
Other than full and open competition - CORRECT ANSWER-Competition to the maximum extent
practicable
