CON 3900 CONTRACTING FINAL EXAM | ACCURATE
CURRENTLY TESTING VERSIONS WITH 150 QUESTIONS
WITH DETAILED ANSWERS AND A COMPREHENSIVE EXAM
PREP STUDY GUIDE | ACCURATE FOR GUARANTEED PASS
1. Only the ______ is authorized to award, change, or terminate a contract.
A. Program Manager
B. Contract Specialist
C. Source Selection Authority
D. Contracting Officer
Rationale:
Only a Contracting Officer (CO), acting within the scope of their authority, can legally bind the
Government.
2. At the conclusion of negotiations, the Contracting Officer will complete which
document?
A. Justification and Approval
B. Determination and Findings
C. Source Selection Decision Document
D. Price Negotiation Memorandum (PNM)
Rationale:
The PNM documents the objectives, conduct, and outcome of negotiations, including the agreed-
upon price.
3. Who prepares an offer?
1
,A. The Government and buyer
B. The Acquisition Team
C. The Contracting Officer
D. The Contractor and seller
Rationale:
An offer is prepared and submitted by the contractor (seller) in response to a solicitation.
4. Who develops a solicitation?
A. The Contractor
B. The Seller
C. The SSA
D. The Government and buyer
Rationale:
Solicitations are Government-issued documents describing requirements and evaluation criteria.
5. Prior to negotiating a sole-source contract, the Contracting Officer must complete:
A. PNM
B. Market Research Report
C. Acquisition Plan
D. Justification and Approval (J&A)
Rationale:
A J&A is required to justify contracting without full and open competition.
6. During the post-award phase, while the contract is being performed, who is responsible
for quality?
2
,A. The Contracting Officer
B. The COR
C. The Government
D. The Seller
Rationale:
The contractor is responsible for controlling quality; the Government performs quality assurance.
7. Government business shall be conducted in a manner that is above reproach, with
complete impartiality and preferential treatment to none.
A. False
B. Only for source selection
C. Only for negotiated acquisitions
D. True
Rationale:
This is a foundational ethical principle of Federal procurement.
8. Openness for the Contracting Officer applies primarily to:
A. Government personnel only
B. The Contracting Officer alone
C. Program managers
D. The Acquisition Team, contractors, offerors, and the contracting team
Rationale:
Openness supports trust, fairness, and integrity throughout the acquisition process.
9. You need to document a business decision such as the use of a specific type of contract.
What document should you create?
3
, A. Acquisition Plan
B. PNM
C. J&A
D. Determination and Findings (D&F)
Rationale:
A D&F documents the rationale and legal basis for certain contracting decisions.
10. No person may disclose contractor bid or proposal information except to authorized
individuals.
A. False
B. Only before award
C. Only after award
D. True
Rationale:
Disclosure is strictly prohibited unless the recipient is authorized under agency procedures.
11. Federal employees are prohibited from soliciting or accepting gifts offered because of
their official position or from a prohibited source.
A. False
B. Only above $20
C. Only during source selection
D. True
Rationale:
Ethics rules prohibit gifts that could create actual or perceived conflicts of interest.
12. What document must be completed before negotiating a sole-source contract?
4
CURRENTLY TESTING VERSIONS WITH 150 QUESTIONS
WITH DETAILED ANSWERS AND A COMPREHENSIVE EXAM
PREP STUDY GUIDE | ACCURATE FOR GUARANTEED PASS
1. Only the ______ is authorized to award, change, or terminate a contract.
A. Program Manager
B. Contract Specialist
C. Source Selection Authority
D. Contracting Officer
Rationale:
Only a Contracting Officer (CO), acting within the scope of their authority, can legally bind the
Government.
2. At the conclusion of negotiations, the Contracting Officer will complete which
document?
A. Justification and Approval
B. Determination and Findings
C. Source Selection Decision Document
D. Price Negotiation Memorandum (PNM)
Rationale:
The PNM documents the objectives, conduct, and outcome of negotiations, including the agreed-
upon price.
3. Who prepares an offer?
1
,A. The Government and buyer
B. The Acquisition Team
C. The Contracting Officer
D. The Contractor and seller
Rationale:
An offer is prepared and submitted by the contractor (seller) in response to a solicitation.
4. Who develops a solicitation?
A. The Contractor
B. The Seller
C. The SSA
D. The Government and buyer
Rationale:
Solicitations are Government-issued documents describing requirements and evaluation criteria.
5. Prior to negotiating a sole-source contract, the Contracting Officer must complete:
A. PNM
B. Market Research Report
C. Acquisition Plan
D. Justification and Approval (J&A)
Rationale:
A J&A is required to justify contracting without full and open competition.
6. During the post-award phase, while the contract is being performed, who is responsible
for quality?
2
,A. The Contracting Officer
B. The COR
C. The Government
D. The Seller
Rationale:
The contractor is responsible for controlling quality; the Government performs quality assurance.
7. Government business shall be conducted in a manner that is above reproach, with
complete impartiality and preferential treatment to none.
A. False
B. Only for source selection
C. Only for negotiated acquisitions
D. True
Rationale:
This is a foundational ethical principle of Federal procurement.
8. Openness for the Contracting Officer applies primarily to:
A. Government personnel only
B. The Contracting Officer alone
C. Program managers
D. The Acquisition Team, contractors, offerors, and the contracting team
Rationale:
Openness supports trust, fairness, and integrity throughout the acquisition process.
9. You need to document a business decision such as the use of a specific type of contract.
What document should you create?
3
, A. Acquisition Plan
B. PNM
C. J&A
D. Determination and Findings (D&F)
Rationale:
A D&F documents the rationale and legal basis for certain contracting decisions.
10. No person may disclose contractor bid or proposal information except to authorized
individuals.
A. False
B. Only before award
C. Only after award
D. True
Rationale:
Disclosure is strictly prohibited unless the recipient is authorized under agency procedures.
11. Federal employees are prohibited from soliciting or accepting gifts offered because of
their official position or from a prohibited source.
A. False
B. Only above $20
C. Only during source selection
D. True
Rationale:
Ethics rules prohibit gifts that could create actual or perceived conflicts of interest.
12. What document must be completed before negotiating a sole-source contract?
4
