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CON 1400V Exam Actual 2024/2025 with Detailed Rationales | Complete Exam-Style Questions | Pass Guaranteed – A+ Graded

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Institution
Acquisition CON 1400V
Course
Acquisition CON 1400V

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CON 1400V Exam Actual 2024/2025 with Detailed
Rationales | Complete Exam-Style Questions | Pass
Guaranteed – A+ Graded



SECTION 1: Federal Acquisition Regulation (FAR) Framework


(Questions 1–10)

Q1: The Federal Acquisition Regulation (FAR) is codified in which title of the Code of
Federal Regulations (CFR)?
A. Title 40
B. Title 48 [CORRECT]
C. Title 50
D. Title 41
Correct Answer: B
Rationale: Correct because the FAR is codified in Title 48 of the Code of Federal
Regulations, covering federal procurement policies and procedures.

Q2: Under the FAR, which part establishes the definitions of words and terms used
throughout the regulation?
A. FAR Part 1
B. FAR Part 2 [CORRECT]
C. FAR Part 3
D. FAR Part 4
Correct Answer: B
Rationale: Correct because FAR Part 2 contains the definitions of words and terms
that apply governmentwide across all federal acquisitions.

Q3: The Competition in Contracting Act (CICA) of 1984 requires that contracting be
conducted through:
A. Sole-source procurement whenever possible.
B. Full and open competition unless a specific statutory exception applies.
[CORRECT]
C. Negotiated procurement exclusively.

,D. Sealed bidding for all contracts exceeding $25,000.
Correct Answer: B
Rationale: Correct because CICA mandates full and open competition as the default
procurement method, permitting other-than-full-and-open competition only under
specific statutory exceptions with proper justification.

Q4: Which FAR subpart prescribes policies and procedures for acquisition planning?
A. FAR Part 6
B. FAR Part 7 [CORRECT]
C. FAR Part 8
D. FAR Part 9
Correct Answer: B
Rationale: Correct because FAR Part 7 establishes the policies and procedures for
acquisition planning, including the development and approval of written acquisition
plans.

Q5: Under the FAR, a "contracting officer" is defined as a person with:
A. The authority to enter into, administer, and/or terminate contracts, and make
related determinations and findings. [CORRECT]
B. The responsibility to perform contract work but not to sign contracts.
C. The authority to recommend contract awards but not to make final decisions.
D. The ability to negotiate contracts but not to bind the Government.
Correct Answer: A
Rationale: Correct because the FAR defines a contracting officer as the only
individual with the legal authority to enter into, administer, and terminate contracts
on behalf of the Government.

Q6: Which FAR part contains the policies for contractor qualifications, including
debarment and suspension?
A. FAR Part 7
B. FAR Part 8
C. FAR Part 9 [CORRECT]
D. FAR Part 10
Correct Answer: C
Rationale: Correct because FAR Part 9 addresses contractor qualifications,
responsibility determinations, debarment, suspension, and ineligibility.

, Q7: The Federal Acquisition Streamlining Act (FASA) of 1994 primarily accomplished
which of the following?
A. Eliminated all competitive procurement requirements.
B. Increased the simplified acquisition threshold and encouraged commercial item
acquisition. [CORRECT]
C. Mandated cost-reimbursement contracts for all acquisitions.
D. Prohibited the use of indefinite-delivery contracts.
Correct Answer: B
Rationale: Correct because FASA raised the simplified acquisition threshold and
established preferences for commercial items, streamlining federal procurement
processes.

Q8: Which document serves as the primary source of uniform policies and
procedures for all executive agency acquisitions?
A. The Defense Federal Acquisition Regulation Supplement (DFARS)
B. The Federal Acquisition Regulation (FAR) [CORRECT]
C. The Agency-Specific Acquisition Regulations
D. The Office of Management and Budget Circular A-76
Correct Answer: B
Rationale: Correct because the FAR is the primary regulation governing all executive
agency acquisitions, with agency supplements providing additional guidance.

Q9: Under FAR Part 12, which type of acquisition receives streamlined procedures
and reduced requirements?
A. Research and development contracts
B. Commercial product and commercial service acquisitions [CORRECT]
C. Construction contracts
D. Service contracts exceeding $10 million
Correct Answer: B
Rationale: Correct because FAR Part 12 establishes streamlined acquisition
procedures for commercial products and commercial services, reducing unique
government requirements.

Q10: [ANALYSIS] A contracting officer is reviewing a procurement action and
discovers that the requirement can be met by a commercial item available in the
marketplace. Which FAR part should guide the acquisition strategy?
A. FAR Part 13
B. FAR Part 14
C. FAR Part 12 [CORRECT]

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Institution
Acquisition CON 1400V
Course
Acquisition CON 1400V

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