FAC 023 EXAM QUESTIONS LATEST
AND ANSWERS 2026 - 2027
True or False? A statement of work is required when an agency is
ordering services with hourly rates through the MAS Program. -
ANSWERS-True.
Select the correct response. Schedule users shall not: - ANSWERS-Seek
further competition outside of the MAS Program (correct response)
Which of the following are advantages to using MAS? Select the four
correct responses. - ANSWERS-Full and open competition has already
been obtained
Terms and conditions are already in place
Buying activity receives socioeconomic credit
GSA receives socioeconomic credit
Which of the following are advantages to using MAS? Select the four
correct responses. - ANSWERS-Full and open competition has already
been obtained
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PAGE
1
, FAC 023 EXAM QUESTIONS LATEST
AND ANSWERS 2026 - 2027
Fair and reasonable prices have already been negotiated
Terms and conditions are already in place
Buying activity receives socioeconomic credit
GSA has the authority to procure and supply non-personal property and
personal services. Select the correct response. True False - ANSWERS-
False.
Your agency can't add terms and conditions at the order level under the
MAS Schedule. Select the correct response. True False - ANSWERS-
False.
Which part of the FAR is relevant to MAS Program contracts? Select the
two correct responses. - ANSWERS-FAR Part 12
FAR subpart 8.4
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PAGE
2
AND ANSWERS 2026 - 2027
True or False? A statement of work is required when an agency is
ordering services with hourly rates through the MAS Program. -
ANSWERS-True.
Select the correct response. Schedule users shall not: - ANSWERS-Seek
further competition outside of the MAS Program (correct response)
Which of the following are advantages to using MAS? Select the four
correct responses. - ANSWERS-Full and open competition has already
been obtained
Terms and conditions are already in place
Buying activity receives socioeconomic credit
GSA receives socioeconomic credit
Which of the following are advantages to using MAS? Select the four
correct responses. - ANSWERS-Full and open competition has already
been obtained
END OF
PAGE
1
, FAC 023 EXAM QUESTIONS LATEST
AND ANSWERS 2026 - 2027
Fair and reasonable prices have already been negotiated
Terms and conditions are already in place
Buying activity receives socioeconomic credit
GSA has the authority to procure and supply non-personal property and
personal services. Select the correct response. True False - ANSWERS-
False.
Your agency can't add terms and conditions at the order level under the
MAS Schedule. Select the correct response. True False - ANSWERS-
False.
Which part of the FAR is relevant to MAS Program contracts? Select the
two correct responses. - ANSWERS-FAR Part 12
FAR subpart 8.4
END OF
PAGE
2
