CON 3990V Certification Exam Study Guide Federal
Acquisition Regulation (FAR) Test Bank | Practice
Questions with Answers in Bold & Detailed Rationales
Comprehensive Study Guide for FAC-C and DAWIA
Certification
Section 1: Guiding Principles – Skills, Roles, and Contract Principles
Question 1: Which FAR part sets forth the basic policies and general information
about the Federal Acquisition Regulations System?
A) FAR Part 1
B) FAR Part 2
C) FAR Part 3
D) FAR Part 4
Correct Answer: A
Rationale: FAR Part 1 establishes the purpose, authority, applicability, and basic
structure of the Federal Acquisition Regulations System. It defines the roles of the
FAR Council, agency regulations, and deviation procedures.
Question 2: According to FAR Part 2, what is the definition of a "contract"?
A) Any agreement between government agencies
B) A mutually binding legal relationship obligating the seller to furnish
supplies/services and the buyer to pay for them
C) Any purchase order issued by a contracting officer
D) A memorandum of understanding between departments
Correct Answer: B
Rationale: FAR 2.101 defines a contract as a mutually binding legal relationship
obligating the seller to furnish supplies or services and the buyer to pay for them.
This includes all types of commitments that obligate the government.
,Question 3: Which of the following is a valid element of a legally binding
contract?
A) Mutual assent
B) Unilateral consideration
C) Verbal agreement only
D) Performance within 30 days
Correct Answer: A
Rationale: The four elements of a legally binding contract are: mutual assent
(offer and acceptance), consideration, competent parties, and lawful purpose. All
must be present for a contract to be enforceable.
Question 4: Which FAR part covers "Improper Business Practices and Personal
Conflicts of Interest"?
A) FAR Part 1
B) FAR Part 3
C) FAR Part 5
D) FAR Part 7
Correct Answer: B
Rationale: FAR Part 3 addresses improper business practices, including gratuities,
kickbacks, contingent fees, and personal conflicts of interest for government
employees. It implements the Anti-Kickback Act and other ethics statutes.
Question 5: The Anti-Kickback Act of 1988 prohibits any person from:
A) Providing services to the government below cost
B) Providing, soliciting, or accepting any kickback in connection with a
government contract
C) Competing for contracts without registration
D) Subcontracting without approval
Correct Answer: B
Rationale: The Anti-Kickback Act prohibits anyone from providing, attempting to
provide, soliciting, accepting, or attempting to accept any kickback in connection
with a government contract. Violations are subject to criminal penalties.
,Question 6: According to FAR 3.101-2, what is the standard of conduct for
government employees?
A) Employees may accept gifts under $50
B) Employees shall not give preferential treatment to any private organization
or individual
C) Employees may contract with family members
D) Employees may accept travel payments from contractors
Correct Answer: B
Rationale: FAR 3.101-2 states that government employees shall not give
preferential treatment to any private organization or individual, and shall not use
public office for private gain. This reflects the principles of integrity and
impartiality.
Question 7: What is the purpose of a Procurement Integrity Act certification?
A) To certify that all subcontractors are registered
B) To ensure contractors certify the accuracy of cost data
C) To prevent the release of source selection information and protect against
conflicts of interest
D) To verify contractor bonding capacity
Correct Answer: C
Rationale: The Procurement Integrity Act (41 USC 2101-2107) prohibits the
release of source selection information and restricts former government officials
from accepting compensation from contractors. It requires certifications to ensure
compliance.
Question 8: Which of the following is considered a "contract action" under FAR
definitions?
A) A budget request submitted to Congress
B) Any oral or written action that results in the purchase, rent, or lease of
supplies, services, or construction
, C) A market research survey
D) A pre-solicitation notice
Correct Answer: B
Rationale: FAR 2.101 defines a contract action as any oral or written action that
results in the purchase, rent, or lease of supplies, services, or construction.
Question 9: Which FAR part addresses "Administrative Matters"?
A) FAR Part 1
B) FAR Part 3
C) FAR Part 5
D) FAR Part 4
Correct Answer: D
Rationale: FAR Part 4 covers administrative matters including records retention,
contract files, and reporting requirements. It establishes the documentation
requirements for the acquisition process.
Question 10: What is the role of the FAR Council?
A) To award contracts directly
B) To issue and maintain the Federal Acquisition Regulation
C) To approve all agency contracts
D) To train contracting officers
Correct Answer: B
Rationale: The FAR Council is responsible for issuing and maintaining the FAR.
The council is composed of representatives from DoD, GSA, and NASA, and
coordinates with other agencies on acquisition policy.
Question 11: According to FAR Part 2, what is the definition of "acquisition"?
A) The process of awarding contracts
B) The acquiring, by contract, of supplies or services with appropriated funds
C) The process of market research
D) The development of requirements
Acquisition Regulation (FAR) Test Bank | Practice
Questions with Answers in Bold & Detailed Rationales
Comprehensive Study Guide for FAC-C and DAWIA
Certification
Section 1: Guiding Principles – Skills, Roles, and Contract Principles
Question 1: Which FAR part sets forth the basic policies and general information
about the Federal Acquisition Regulations System?
A) FAR Part 1
B) FAR Part 2
C) FAR Part 3
D) FAR Part 4
Correct Answer: A
Rationale: FAR Part 1 establishes the purpose, authority, applicability, and basic
structure of the Federal Acquisition Regulations System. It defines the roles of the
FAR Council, agency regulations, and deviation procedures.
Question 2: According to FAR Part 2, what is the definition of a "contract"?
A) Any agreement between government agencies
B) A mutually binding legal relationship obligating the seller to furnish
supplies/services and the buyer to pay for them
C) Any purchase order issued by a contracting officer
D) A memorandum of understanding between departments
Correct Answer: B
Rationale: FAR 2.101 defines a contract as a mutually binding legal relationship
obligating the seller to furnish supplies or services and the buyer to pay for them.
This includes all types of commitments that obligate the government.
,Question 3: Which of the following is a valid element of a legally binding
contract?
A) Mutual assent
B) Unilateral consideration
C) Verbal agreement only
D) Performance within 30 days
Correct Answer: A
Rationale: The four elements of a legally binding contract are: mutual assent
(offer and acceptance), consideration, competent parties, and lawful purpose. All
must be present for a contract to be enforceable.
Question 4: Which FAR part covers "Improper Business Practices and Personal
Conflicts of Interest"?
A) FAR Part 1
B) FAR Part 3
C) FAR Part 5
D) FAR Part 7
Correct Answer: B
Rationale: FAR Part 3 addresses improper business practices, including gratuities,
kickbacks, contingent fees, and personal conflicts of interest for government
employees. It implements the Anti-Kickback Act and other ethics statutes.
Question 5: The Anti-Kickback Act of 1988 prohibits any person from:
A) Providing services to the government below cost
B) Providing, soliciting, or accepting any kickback in connection with a
government contract
C) Competing for contracts without registration
D) Subcontracting without approval
Correct Answer: B
Rationale: The Anti-Kickback Act prohibits anyone from providing, attempting to
provide, soliciting, accepting, or attempting to accept any kickback in connection
with a government contract. Violations are subject to criminal penalties.
,Question 6: According to FAR 3.101-2, what is the standard of conduct for
government employees?
A) Employees may accept gifts under $50
B) Employees shall not give preferential treatment to any private organization
or individual
C) Employees may contract with family members
D) Employees may accept travel payments from contractors
Correct Answer: B
Rationale: FAR 3.101-2 states that government employees shall not give
preferential treatment to any private organization or individual, and shall not use
public office for private gain. This reflects the principles of integrity and
impartiality.
Question 7: What is the purpose of a Procurement Integrity Act certification?
A) To certify that all subcontractors are registered
B) To ensure contractors certify the accuracy of cost data
C) To prevent the release of source selection information and protect against
conflicts of interest
D) To verify contractor bonding capacity
Correct Answer: C
Rationale: The Procurement Integrity Act (41 USC 2101-2107) prohibits the
release of source selection information and restricts former government officials
from accepting compensation from contractors. It requires certifications to ensure
compliance.
Question 8: Which of the following is considered a "contract action" under FAR
definitions?
A) A budget request submitted to Congress
B) Any oral or written action that results in the purchase, rent, or lease of
supplies, services, or construction
, C) A market research survey
D) A pre-solicitation notice
Correct Answer: B
Rationale: FAR 2.101 defines a contract action as any oral or written action that
results in the purchase, rent, or lease of supplies, services, or construction.
Question 9: Which FAR part addresses "Administrative Matters"?
A) FAR Part 1
B) FAR Part 3
C) FAR Part 5
D) FAR Part 4
Correct Answer: D
Rationale: FAR Part 4 covers administrative matters including records retention,
contract files, and reporting requirements. It establishes the documentation
requirements for the acquisition process.
Question 10: What is the role of the FAR Council?
A) To award contracts directly
B) To issue and maintain the Federal Acquisition Regulation
C) To approve all agency contracts
D) To train contracting officers
Correct Answer: B
Rationale: The FAR Council is responsible for issuing and maintaining the FAR.
The council is composed of representatives from DoD, GSA, and NASA, and
coordinates with other agencies on acquisition policy.
Question 11: According to FAR Part 2, what is the definition of "acquisition"?
A) The process of awarding contracts
B) The acquiring, by contract, of supplies or services with appropriated funds
C) The process of market research
D) The development of requirements
