CON 3910 Quiz 1 comprehensive Questions and Answers
with 100% Correct Answers | Latest Version
Question 1.
Market research is conducted during which phase of acquisition? - When requirements are
being developed - All phases of the acquisition - After award to ensure that a contractor's
product or service is sufficient - During negotiations to ensure that a contractor's proposal is
fair and reasonable
Correct Answer: - All phases of the acquisition FAR 10.001(a)(2)(vi)
Question 2.
What is the use of a procedure that is inconsistent with the FAR? - Extraordinary action -
Exception - Deviation - Abnormal Action
Correct Answer: - Deviation FAR 1.401(a)
Question 3.
Simplified Acquisition Procedures (SAP) should: - Promote competition to the maximum
extent practicable - Consider all quotations or offers, regardless of the time they are
received, if they are the most reasonable - Promote the use of current vendors for
time-saving purposes - Equally consider all businesses, large or small
Correct Answer: - Promote competition to the maximum extent practicable FAR
13.003(h)
Question 4.
What is the tool (form) used by DoD to apply a structured profit/fee? - DD Form 1202,
Guidelines for Profit Method - DD Form 1701, Structured Analogy Method - DD Form 1547,
Weighted Guidelines Method - DD Form 1861, Weighted Profit Analogy
Correct Answer: - DD Form 1547, Weighted Guidelines Method DFARS 215.404-70
Question 5.
What type(s) of contracts can be awarded when acquiring commercial items of supply? -
Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment - Any
contract type that does not have an incentive - Any fixed-price contract type - Any type or
combination of types as determined necessary by the contracting officer
Correct Answer: - Only firm-fixed-price contracts or fixed-price contracts with
economic price adjustment FAR 12.207(a)
, Question 6.
When using invitations for bids (IFBs), what type(s) of contracts can be awarded? - Any
contract type that does not have an incentive - Any fixed-price contract type - Any type or
combination of types as determined necessary by the contracting officer - Only
firm-fixed-price contracts or fixed-price contracts with economic price adjustment
Correct Answer: - Only firm-fixed-price contracts or fixed-price contracts with
economic price adjustment FAR 16.102(a)
Question 7.
Which of the following is correct regarding the DFARS Procedures Guidance and
Information (PGI)? - There is no such thing as a DFARS PGI - The DFARS PGI is a
companion source to the DFARS - The DFARS PGI is not numbered similarly to the DFARS
- The DFARS PGI is only used by DCMA and DCAA
Correct Answer: - The DFARS PGI is a companion source to the DFARS DFARS
202.101
Question 8.
Which of the following statements is accurate regarding the Government's policy on contract
modifications? - It is preferred that program managers sign modifications in lieu of the
contracting officer - Any contract specialist can direct a contractor to perform work before the
execution of the contract modification - A contracting officer representative is authorized to
execute contract modifications on behalf of the Government - Only contracting officers acting
within the scope of their authority are authorized to execute contract modifications on behalf
of the Government
Correct Answer: - Only contracting officers acting within the scope of their authority
are authorized to execute contract modifications on behalf of the Government FAR
43.102
Question 9.
Which of the following is accurate about unilateral modifications? - Are only signed by a
Government contracting officer, not the contractor - Can be signed by the contract specialist
- Are used to definitize contracts with price changes - Are used to add scope to a contract
Correct Answer: - Are only signed by a Government contracting officer, not the
contractor FAR 43.103(b)
Question 10.
Except when authorized otherwise, a Government contract: - Need not be in writing - Must
be in writing - Must be presented as a "hard copy" on paper - Must have oral confirmation
Correct Answer: - Must be in writing FAR 2.101
with 100% Correct Answers | Latest Version
Question 1.
Market research is conducted during which phase of acquisition? - When requirements are
being developed - All phases of the acquisition - After award to ensure that a contractor's
product or service is sufficient - During negotiations to ensure that a contractor's proposal is
fair and reasonable
Correct Answer: - All phases of the acquisition FAR 10.001(a)(2)(vi)
Question 2.
What is the use of a procedure that is inconsistent with the FAR? - Extraordinary action -
Exception - Deviation - Abnormal Action
Correct Answer: - Deviation FAR 1.401(a)
Question 3.
Simplified Acquisition Procedures (SAP) should: - Promote competition to the maximum
extent practicable - Consider all quotations or offers, regardless of the time they are
received, if they are the most reasonable - Promote the use of current vendors for
time-saving purposes - Equally consider all businesses, large or small
Correct Answer: - Promote competition to the maximum extent practicable FAR
13.003(h)
Question 4.
What is the tool (form) used by DoD to apply a structured profit/fee? - DD Form 1202,
Guidelines for Profit Method - DD Form 1701, Structured Analogy Method - DD Form 1547,
Weighted Guidelines Method - DD Form 1861, Weighted Profit Analogy
Correct Answer: - DD Form 1547, Weighted Guidelines Method DFARS 215.404-70
Question 5.
What type(s) of contracts can be awarded when acquiring commercial items of supply? -
Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment - Any
contract type that does not have an incentive - Any fixed-price contract type - Any type or
combination of types as determined necessary by the contracting officer
Correct Answer: - Only firm-fixed-price contracts or fixed-price contracts with
economic price adjustment FAR 12.207(a)
, Question 6.
When using invitations for bids (IFBs), what type(s) of contracts can be awarded? - Any
contract type that does not have an incentive - Any fixed-price contract type - Any type or
combination of types as determined necessary by the contracting officer - Only
firm-fixed-price contracts or fixed-price contracts with economic price adjustment
Correct Answer: - Only firm-fixed-price contracts or fixed-price contracts with
economic price adjustment FAR 16.102(a)
Question 7.
Which of the following is correct regarding the DFARS Procedures Guidance and
Information (PGI)? - There is no such thing as a DFARS PGI - The DFARS PGI is a
companion source to the DFARS - The DFARS PGI is not numbered similarly to the DFARS
- The DFARS PGI is only used by DCMA and DCAA
Correct Answer: - The DFARS PGI is a companion source to the DFARS DFARS
202.101
Question 8.
Which of the following statements is accurate regarding the Government's policy on contract
modifications? - It is preferred that program managers sign modifications in lieu of the
contracting officer - Any contract specialist can direct a contractor to perform work before the
execution of the contract modification - A contracting officer representative is authorized to
execute contract modifications on behalf of the Government - Only contracting officers acting
within the scope of their authority are authorized to execute contract modifications on behalf
of the Government
Correct Answer: - Only contracting officers acting within the scope of their authority
are authorized to execute contract modifications on behalf of the Government FAR
43.102
Question 9.
Which of the following is accurate about unilateral modifications? - Are only signed by a
Government contracting officer, not the contractor - Can be signed by the contract specialist
- Are used to definitize contracts with price changes - Are used to add scope to a contract
Correct Answer: - Are only signed by a Government contracting officer, not the
contractor FAR 43.103(b)
Question 10.
Except when authorized otherwise, a Government contract: - Need not be in writing - Must
be in writing - Must be presented as a "hard copy" on paper - Must have oral confirmation
Correct Answer: - Must be in writing FAR 2.101
