FAC 023 ACTUAL FINALS ANSWERS AND
QUESTIONS SET A+
✔✔GSA has the authority to procure and supply non-personal property and personal
services. Select the correct response. True False - ✔✔False.
✔✔Your agency can't add terms and conditions at the order level under the MAS
Schedule. Select the correct response. True False - ✔✔False.
✔✔Which part of the FAR is relevant to MAS Program contracts? Select the two correct
responses. - ✔✔FAR Part 12
FAR subpart 8.4
✔✔Which are the benefits of the MAS Program? Select the four correct responses. -
✔✔Easy-to-use online platforms help you quickly identify qualified MAS contractors that
can meet your agency's requirements
Is designated as Spend Under Management (SUM) Tier 2, with some Best-in-Class
(BIC) designations at the Special Item Number
(SIN) Level
Streamlined ordering procedures through FAR 8.4 — faster order placement
Makes products/services easier to find and promotes efficient market research and
order placement
✔✔Under the Special Item Number (SIN) structure, the SINS are now based on the
North American Industry Classification
System (NAICS) structure. Select the correct response. - ✔✔True.
✔✔How many large acquisition categories are under the MAS Program? - ✔✔12
, ✔✔Market research is not required for ordering activities to complete as it is completed
at the schedule level. Select the correct response. True False - ✔✔True.
✔✔Select the correct response. Which is NOT a benefit of OLMs? - ✔✔Increases the
agency procurement and administrative costs and enhances the time savings and
streamlined processes of
leveraging GSA Schedule contracts
✔✔Select the correct response. OLMs are not: - ✔✔Priced at the order level
✔✔Select the two correct responses. Protests can occur in the following situations: -
✔✔Scope issues
Procedural issues
✔✔Select the correct response. All purchases are competed among a prequalified pool
of contractors — applies to which type of Blanket Purchase Agreement (BPA)? -
✔✔Multiple-Award BPA
✔✔Select the two correct responses. A protest: - ✔✔Is a written objection to the
awarding of a contract by an interested party
Can be made to the agency or to the GAO
✔✔Which party is responsible for ensuring Schedule contract compliance? Select the
best response. - ✔✔GSA
✔✔Which of the following results of market research facilitate the determination of best
value in procurements? Select the four
correct responses. - ✔✔Justifies and documents the basis to use Schedule
Helps to ensure at least three quotes will be received
Understand requirement in terms of end results or objective
Identifies marketplace availability
✔✔ True or False? The procedures for buying open market items, as prescribed at FAR
8.402(f), are not applicable to items
purchased under OLM procedures. - ✔✔False.
✔✔Select the three correct responses. When putting together the acquisition plan,
ordering activities should also consider how
QUESTIONS SET A+
✔✔GSA has the authority to procure and supply non-personal property and personal
services. Select the correct response. True False - ✔✔False.
✔✔Your agency can't add terms and conditions at the order level under the MAS
Schedule. Select the correct response. True False - ✔✔False.
✔✔Which part of the FAR is relevant to MAS Program contracts? Select the two correct
responses. - ✔✔FAR Part 12
FAR subpart 8.4
✔✔Which are the benefits of the MAS Program? Select the four correct responses. -
✔✔Easy-to-use online platforms help you quickly identify qualified MAS contractors that
can meet your agency's requirements
Is designated as Spend Under Management (SUM) Tier 2, with some Best-in-Class
(BIC) designations at the Special Item Number
(SIN) Level
Streamlined ordering procedures through FAR 8.4 — faster order placement
Makes products/services easier to find and promotes efficient market research and
order placement
✔✔Under the Special Item Number (SIN) structure, the SINS are now based on the
North American Industry Classification
System (NAICS) structure. Select the correct response. - ✔✔True.
✔✔How many large acquisition categories are under the MAS Program? - ✔✔12
, ✔✔Market research is not required for ordering activities to complete as it is completed
at the schedule level. Select the correct response. True False - ✔✔True.
✔✔Select the correct response. Which is NOT a benefit of OLMs? - ✔✔Increases the
agency procurement and administrative costs and enhances the time savings and
streamlined processes of
leveraging GSA Schedule contracts
✔✔Select the correct response. OLMs are not: - ✔✔Priced at the order level
✔✔Select the two correct responses. Protests can occur in the following situations: -
✔✔Scope issues
Procedural issues
✔✔Select the correct response. All purchases are competed among a prequalified pool
of contractors — applies to which type of Blanket Purchase Agreement (BPA)? -
✔✔Multiple-Award BPA
✔✔Select the two correct responses. A protest: - ✔✔Is a written objection to the
awarding of a contract by an interested party
Can be made to the agency or to the GAO
✔✔Which party is responsible for ensuring Schedule contract compliance? Select the
best response. - ✔✔GSA
✔✔Which of the following results of market research facilitate the determination of best
value in procurements? Select the four
correct responses. - ✔✔Justifies and documents the basis to use Schedule
Helps to ensure at least three quotes will be received
Understand requirement in terms of end results or objective
Identifies marketplace availability
✔✔ True or False? The procedures for buying open market items, as prescribed at FAR
8.402(f), are not applicable to items
purchased under OLM procedures. - ✔✔False.
✔✔Select the three correct responses. When putting together the acquisition plan,
ordering activities should also consider how
