FAC 023 FINAL PAPER EXAM QUESTIONS ACCURATE ANSWERS FULL SOLUTION
Question:
T01.E06You have a requirement for water restoration services at your base in Louisiana. Three
services are of a type sold competitively in substantial quantities in the commercial marketplace
base on market prices. The estimated dollar value of the acquisition is $1,250,000.Which of the
following is true?
Answer:
the use of simplified acquisition procedures is authorized.
Question:
T03.E03aYou are the contracting office for a firm-fixed-price purchase order for commercial
supplies with a value of $565,000. Two weeks after delivery and acceptance of the items, the user
complains that the goods are not functioning as expected. You Investigate and determine that the
items are not fully compliant with the specification in the contract. who would bear the cost of
correcting the nonconforming supplies that were accepted by the Government?
Answer:
The Contractor
Question:
T02.E05bYou just made a purchase for supplies in the amount of $22,300. You solicited quotations
orally from four local sources. Which of the following statements is correct regarding providing
notice to the unsuccessful suppliers?
Answer:
Notice to the unsuccessful suppliers will only be given if requested.
Question:
,An LOA must be prepared for all the following reasons EXCEPT __________.
Answer:
Establish the jurisdictional boundaries for each operational position/sector
Question:
What type of airport sign is displayed in the following image? (18 Yellow on Black, it's where
you're at).
Answer:
Runway location sign
Question:
T02.E04You are the contracting officer for a requirement for commercial services with and
estimated value of $780,000. Four quotations were received in response to the solicitation and
market pricing is available. Which one of the following statements about the price reasonableness
determination is most appropriate?
Answer:
Market research must be conducted or obtained to support the fair and reasonable determination.
Question:
T03.E02You are the contracting officer for a firm-fixed-priced services contract valued at $105,975.
Which one of the following statements about closeout is correct?
Answer:
The contract is considered closed once you've received evidence of receipt of service and final
payment.
Question:
T02.E03aWhich one of the following is NOT one of the first steps taken when questions are
received in response to a solicitation using SA P.
Answer:
, Reviewing the quotations for responsibility(1 of 3 known answers)
Question:
T01.E04You have a requirement for administrative support with an estimated value of $1,500,000.
Market research shows numerous potential offerors that are competitive in terms of market price
quality, and delivery. That list of potential offerors includes 4 small businesses and 8 large
businesses.
Answer:
The entire acquisition must be set aside exclusively for small business.
Question:
T02.E01dYou are the contracting officer for a construction requirement with and estimated value of
$20,600. Access to the written solicitation will not be provided in the GPE, and none of the
exceptions are FAR 5.202 apply. Which one of the following correctly describes the requirement for
publicizing this proposed contract action.?
Answer:
Notice of the solicitation, or copy of the solicitation, must be posted in a public place.
Question:
A NOTAM that consists of information that is normally regulatory in nature pertaining to IFR flight
procedure changes and temporary flight restrictions is classified as a/an ___________.
Answer:
FDC NOTAM
Question:
What is the name given to the reflected energy produced by a primary radar system?
Answer:
Echo
Question:
T01.E06You have a requirement for water restoration services at your base in Louisiana. Three
services are of a type sold competitively in substantial quantities in the commercial marketplace
base on market prices. The estimated dollar value of the acquisition is $1,250,000.Which of the
following is true?
Answer:
the use of simplified acquisition procedures is authorized.
Question:
T03.E03aYou are the contracting office for a firm-fixed-price purchase order for commercial
supplies with a value of $565,000. Two weeks after delivery and acceptance of the items, the user
complains that the goods are not functioning as expected. You Investigate and determine that the
items are not fully compliant with the specification in the contract. who would bear the cost of
correcting the nonconforming supplies that were accepted by the Government?
Answer:
The Contractor
Question:
T02.E05bYou just made a purchase for supplies in the amount of $22,300. You solicited quotations
orally from four local sources. Which of the following statements is correct regarding providing
notice to the unsuccessful suppliers?
Answer:
Notice to the unsuccessful suppliers will only be given if requested.
Question:
,An LOA must be prepared for all the following reasons EXCEPT __________.
Answer:
Establish the jurisdictional boundaries for each operational position/sector
Question:
What type of airport sign is displayed in the following image? (18 Yellow on Black, it's where
you're at).
Answer:
Runway location sign
Question:
T02.E04You are the contracting officer for a requirement for commercial services with and
estimated value of $780,000. Four quotations were received in response to the solicitation and
market pricing is available. Which one of the following statements about the price reasonableness
determination is most appropriate?
Answer:
Market research must be conducted or obtained to support the fair and reasonable determination.
Question:
T03.E02You are the contracting officer for a firm-fixed-priced services contract valued at $105,975.
Which one of the following statements about closeout is correct?
Answer:
The contract is considered closed once you've received evidence of receipt of service and final
payment.
Question:
T02.E03aWhich one of the following is NOT one of the first steps taken when questions are
received in response to a solicitation using SA P.
Answer:
, Reviewing the quotations for responsibility(1 of 3 known answers)
Question:
T01.E04You have a requirement for administrative support with an estimated value of $1,500,000.
Market research shows numerous potential offerors that are competitive in terms of market price
quality, and delivery. That list of potential offerors includes 4 small businesses and 8 large
businesses.
Answer:
The entire acquisition must be set aside exclusively for small business.
Question:
T02.E01dYou are the contracting officer for a construction requirement with and estimated value of
$20,600. Access to the written solicitation will not be provided in the GPE, and none of the
exceptions are FAR 5.202 apply. Which one of the following correctly describes the requirement for
publicizing this proposed contract action.?
Answer:
Notice of the solicitation, or copy of the solicitation, must be posted in a public place.
Question:
A NOTAM that consists of information that is normally regulatory in nature pertaining to IFR flight
procedure changes and temporary flight restrictions is classified as a/an ___________.
Answer:
FDC NOTAM
Question:
What is the name given to the reflected energy produced by a primary radar system?
Answer:
Echo
