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Contracting Exam Final Questions with 100% Correct Solutions (GRADED A)

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The 3-in-1 Tool automates the following form -ANSWER - SF 44 All contract requirements over the Simplified Acquisition Threshold (SAT) require -ANSWER - An independent government estimate All purchase requests must meet two requirements -ANSWER - Good item description, certified funds Although LDs are commonly used on ____________ contracts, they can also be used on other contracts except ______________ contracts -ANSWER - FFP, Service The Annex W of COCOM's Deliberate and Crisis Action Planning has which of the following documents -ANSWER - Contractor Support Integration Plan (CSIP) The Anti-Kickback Act of 1986 -ANSWER - prohibits actual or attempted kickback payments or offers to provide kickbacks, which include any money, fees, commission, credit, gift, gratuity, thing of value, or compensation of any kind, to include obtaining or rewarding favorable treatment The Anti-Kickback Act of 1996 does NOT apply to: -ANSWER - does not exist Any person who knowingly and willfully engages in conduct prohibited by the Anti- Kickback Act shall be imprisoned for not more than _____ years or shall be subject to a fine or both. -ANSWER - Ten years As a last resort, if the contractor appears to be offended, accept the gratuity and perform which of the following steps? -ANSWER - 1. Have your finance officer safeguard the gratuity by placing it in a safe and ask for a receipt 2. Consult with the legal office 3.Write a memo for record (MFR) explaining the circumst

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Uploaded on
August 27, 2024
Number of pages
11
Written in
2024/2025
Type
Exam (elaborations)
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Contracting Exam Final Questions with
100% Correct Solutions (GRADED A)
The 3-in-1 Tool automates the following form -ANSWER - SF 44

All contract requirements
over the Simplified Acquisition Threshold (SAT) require -ANSWER - An independent
government
estimate

All purchase requests must meet two requirements -ANSWER - Good item description,
certified
funds

Although LDs are commonly used on ____________ contracts,
they can also be used on
other contracts except ______________ contracts -ANSWER - FFP, Service

The Annex W of COCOM's Deliberate and Crisis Action Planning has which of the
following documents -ANSWER - Contractor Support Integration
Plan (CSIP)

The Anti-Kickback Act of 1986 -ANSWER - prohibits actual or attempted kickback
payments or offers to
provide kickbacks, which include any money, fees, commission,
credit, gift, gratuity, thing of value, or compensation of any
kind, to include obtaining or rewarding favorable treatment

The Anti-Kickback Act of 1996 does NOT apply to: -ANSWER - does not exist

Any person who knowingly and willfully engages in conduct prohibited by the Anti-
Kickback Act shall be
imprisoned for not more than _____ years or shall be subject to a fine or both. -
ANSWER - Ten years

As a last resort, if the contractor appears to be
offended, accept the gratuity and perform which of the following steps? -ANSWER - 1.
Have your finance officer
safeguard the gratuity by placing
it in a safe and ask for a receipt
2. Consult with the legal office
3.Write a memo for record (MFR)
explaining the

, circumstances/approx value of
the item and mention legal
advice was obtained

As the CCO, if I am offered an "escort" by a local vendor, which of the following should I
do? -ANSWER - Immediately inform counsel

As the CCO, you know that offices order supplies at the end of the month. However,
you noticed that a specific
office has also been randomly ordering every two weeks. What is your first
thought: -ANSWER - This could be an indication of fraud; further investigation is needed

At what point must the Bona Fide Need exist -ANSWER - At time of award,not
performance

14. AUTHORITIES AND STRUCTURE -ANSWER - Contracting
Authority

The Bona Fide Need for supplies exists when -ANSWER - -The Government actually
will be able to use such item(s)
-The funds are presumed to be available

The Bona Fide Needs for non-severable services generally apply to the -ANSWER -
Year in which a contract is executed

The Bona Fide Needs for severable services pertains to the -ANSWER - Period in
which the services are performed

The Bona Fide Needs rule provides for
what -ANSWER - Funds are available only to satisfy requirements during period of
availability

The CCO or the Customer should contact the accounting and finance office for
procedures to fund -ANSWER - a. Medical
supplies
b. Food, Goods
and Services
c. Vehicle rentals
for recreational
activities

CCOs must not avoid -ANSWER - A particular matter without a direct financial impact

Commanders may use O&M funds to purchase unit coins for the purpose of: -ANSWER
- Recognizing
excellence in
$11.79
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