CON 3910 Section 4 || 100% Detailed Answers.
True or False - The contracting officer is a person with the authority to enter into, administer,
and/or terminate contracts and make related determinations and findings. correct answers True
What part of the FAR prescribes policies and procedures for assigning and performing contract
administration and contract audit services?
- FAR Part 31
- FAR Part 32
- FAR Part 37
- FAR Part 42 correct answers FAR Part 42
True or False - The contract administration phase begins before award of the contract. correct
answers False
True or False - The contracting officer may delegate additional functions to the CAO beyond
those listed in FAR 42.302? correct answers True
True or False - In a post award meeting, the contracting officer will conduct a preliminary
meeting of Government personnel and will designate or act as the chairperson at the conference.
correct answers True
The contract management plan should be kept as simple and precise as possible and should
include:
- What must be done
- When it must take place
- Who must do it
- How it is to be accomplished
- Where it is to be accomplished correct answers - What must be done
, - When it must take place
- Who must do it
- How it is to be accomplished
- Where it is to be accomplished
True or False - The COR plays an important role in the post award phase of the acquisition and is
the "eyes and ears" of the contracting officer. correct answers True
True or False - The DD Form 1484A may be used in conducting the conference and in preparing
the conference report. correct answers True
True or False - All invoice payments, with the exception of interim payments on cost-
reimbursement contracts for services, must to supported by a receiving report or other
Government documentation authorizing payment (e.g., Government certified voucher). correct
answers True
The Government will not make invoice payments earlier than 7 days prior to the due dates
specified in the contract unless the agency head determines: (select all that apply)
- To make earlier payment on a case-by-case basis.
- That the use of accelerated payment methods are necessary.
- None of the above. correct answers - To make earlier payment on a case-by-case basis.
- That the use of accelerated payment methods are necessary.
What are some examples of contract financing methods?
- Advanced Payments
- Statement of Work Payments
- Arrear Payments
- Progress Payments
- Performance Based Payments correct answers - Advanced Payments
True or False - The contracting officer is a person with the authority to enter into, administer,
and/or terminate contracts and make related determinations and findings. correct answers True
What part of the FAR prescribes policies and procedures for assigning and performing contract
administration and contract audit services?
- FAR Part 31
- FAR Part 32
- FAR Part 37
- FAR Part 42 correct answers FAR Part 42
True or False - The contract administration phase begins before award of the contract. correct
answers False
True or False - The contracting officer may delegate additional functions to the CAO beyond
those listed in FAR 42.302? correct answers True
True or False - In a post award meeting, the contracting officer will conduct a preliminary
meeting of Government personnel and will designate or act as the chairperson at the conference.
correct answers True
The contract management plan should be kept as simple and precise as possible and should
include:
- What must be done
- When it must take place
- Who must do it
- How it is to be accomplished
- Where it is to be accomplished correct answers - What must be done
, - When it must take place
- Who must do it
- How it is to be accomplished
- Where it is to be accomplished
True or False - The COR plays an important role in the post award phase of the acquisition and is
the "eyes and ears" of the contracting officer. correct answers True
True or False - The DD Form 1484A may be used in conducting the conference and in preparing
the conference report. correct answers True
True or False - All invoice payments, with the exception of interim payments on cost-
reimbursement contracts for services, must to supported by a receiving report or other
Government documentation authorizing payment (e.g., Government certified voucher). correct
answers True
The Government will not make invoice payments earlier than 7 days prior to the due dates
specified in the contract unless the agency head determines: (select all that apply)
- To make earlier payment on a case-by-case basis.
- That the use of accelerated payment methods are necessary.
- None of the above. correct answers - To make earlier payment on a case-by-case basis.
- That the use of accelerated payment methods are necessary.
What are some examples of contract financing methods?
- Advanced Payments
- Statement of Work Payments
- Arrear Payments
- Progress Payments
- Performance Based Payments correct answers - Advanced Payments
