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Exam (elaborations)

Clc 222 Tested Questions And Solutions Final Paper

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CLC 222 TESTED QUESTIONS AND SOLUTIONS FINAL PAPER

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CLC 222 TESTED QUESTIONS AND
SOLUTIONS FINAL PAPER

◉ The government must notify the contractor when ____________.
Answer: Monies are withheld or deducted for contract
noncompliance


◉ The Government Property policy at FAR 45.102 attempts to
reduce the Government's risk when providing property to the
contractor. Select the one statement about the policy on providing
contractors government property that is FALSE.
Answer: The contractor personnel must provide certification that
they have been trained on the proper use and care for the
property


◉ Areas assessed in contractor past performance are
________________ (Select All that Apply)
Answer: Cost controls
Conforming products/services
commitment to customer satisfaction
performance against contract schedule


◉ Under a cost-reimbursement, time and materials, or labor hour
contract, which one of the following statements is FALSE:

, Answer: The COR should notify the contractor immediately if
there is a discrepancy found in a public voucher


◉ Key aspects of the Fixed Price Process for acceptance and
payment include timeliness, quality, and invoicing.
Answer: True


◉ The only exceptions to final acceptance are (Select all that
apply)
Answer: Fraud
Latent Defect
Gross mistakes amounting to fraud


◉ The COR may release information without consulting with the
Contracting Officer or Legal Counsel.
Answer: False


◉ A critical way that formal communication differs from informal
is that formal communication is binding upon the parties and
informal communication is non-binding.
Answer: True


◉ If a contractor is delinquent on a portion of a contract, and that
portion is clearly severable from the continuing portion of the
contract, the Contracting Officer may terminate the deficient
portion of the contract using a Partial Termination.

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