CON 3990V | UPDATED ACTUAL Exam Questions and CORRECT Answers | Update | Complete Solution Guide

CON 3990V | UPDATED ACTUAL Exam Questions and CORRECT
Answers | Update | Complete Solution Guide

Question 1.
FAR Part 1

Correct Answer: Federal Acquisition Regulation System


Question 2.
FAR Part 2

Correct Answer: Definitions of Words and Terms


Question 3.
FAR Part 3

Correct Answer: Improper Business Practices & Personal Conflicts of Interest


Question 4.
FAR Part 4

Correct Answer: Administrative Matters


Question 5.
FAR Part 5

Correct Answer: Publicizing Contract Actions


Question 6.
FAR Part 6

Correct Answer: Competitive Requirements


Question 7.
FAR Part 7

Correct Answer: Acquisition Planning


Question 8.
FAR Part 8

Correct Answer: Required Sources of Supplies and Service

,Question 9.
FAR Part 10

Correct Answer: Market Research


Question 10.
FAR Part 12

Correct Answer: Acquisition of Commercial Items


Question 11.
FAR Part 13

Correct Answer: Simplified Acquisition Procedures (SAP)


Question 12.
FAR Part 15

Correct Answer: Contract by Negotiation


Question 13.
FAR Part 16

Correct Answer: Types of Contracts


Question 14.
FAR Part 19

Correct Answer: Small Business Programs


Question 15.
FAR Part 31

Correct Answer: Contract Cost Principles & Procedures


Question 16.
FAR Part 33

Correct Answer: Protests, Disputes, and Appeals


Question 17.
FAR Part 42

Correct Answer: Contract Administration & Audit Services

,Question 18.
FAR Part 44

Correct Answer: Subcontracting Policies & Procedures


Question 19.
FAR Part 46

Correct Answer: Quality Assurance


Question 20.
FAR Part 49

Correct Answer: Termination of Contracts
‣ FAR Part 50 -✓✓Extraordinary contractual actions and safety act


Question 21.
FAR Part 51

Correct Answer: Use of Government Sources by Contractors


Question 22.
FAR Part 52

Correct Answer: Solicitation Provisions and Contract Clauses


Question 23.
FAR Part 53

Correct Answer: FORMS


Question 24.
Contracting Life Cycle Phases

Correct Answer: 1. Pre-Award
2. Award
3. Post Award


Question 25.
Communication and Decision Making Bias

Correct Answer: 1. Minimize influence of Personal biases
2. Maximize the likelihood of a successful result.
3. Facilitate communication among affected parties.

, Question 26.
Minimize the Effect of Personal Biases

Correct Answer: The contracting professional should strive to minimize the
influence of personal biases.


Question 27.
Maximize the likelihood of Successful Results

Correct Answer: 1. AR 1.102-4(e) states that contracting officers "should take
the lead in encouraging business process innovations and ensuring that
business decisions are sound."


Question 28.
Facilitate Communications Among Affected Parties

Correct Answer: 1. Effective communication minimizes the effect of personal
biases, maximizes the likelihood of successful results, and facilitates
communications among affected stakeholders.


Question 29.
Cost, quality and timeliness of products and services

Correct Answer: 1. FAR 1.102-2(a) tells contracting professionals that a
guiding principle is to satisfy customers in terms of cost, quality, and
timeliness of the delivered product or service.


Question 30.
Contracting Officer Representative (COR)

Correct Answer: 1. FAR 1.602-2(d)(7) states that contracting officers shall
designate CORs in writing and furnish copies to the contractor and the
contract administration office


Question 31.
Standards of conduct

Correct Answer: 1. FAR 3.101-1 tells us Government business shall be
conducted in a manner above reproach and, except as authorized by statute
or regulation, with complete impartiality and with preferential treatment for
none.


Question 32.
Methods of disseminating information