CON 1100 UNIT 4 REVIEW TEST
QUESTIONS AND ANSWERS
FAR Part 15: What is it? ANSWER: Negotiation-Based Contracting
What is the FAR? ANSWER The purpose of this regulation is to codify and
publish common policies and processes for acquisition by the majority of
executive agencies. (Source: Chapter 1, Title 48)
Where are the steps unique to a two-step bidding process found in the FAR?
ANSWER FAR Section 14.503
T/F: As long as you have mentioned the appropriate general section of the FAR
where the information is found, you don't need to be explicit. - ANSWER
Untrue
Which set of rules carries out and enhances the FAR? ANSWER the
acquisition rules unique to the agency.
The FAR has how many parts? ANSWER 53
What phrase refers to "in spite of this," in relation to other regulation or rule
provisions? ANSWER Nevertheless
What is the subsection in FAR reference 22.102-3? ANSWER 1
What phrase suggests that an ADDS statement contains policies and procedures
not addressed in the FAR? ANSWER SUPPLEMENT
In a FAR citation, what is the name of the numerical reference that comes after
a hyphen? ASSISTANT Section
QUESTIONS AND ANSWERS
FAR Part 15: What is it? ANSWER: Negotiation-Based Contracting
What is the FAR? ANSWER The purpose of this regulation is to codify and
publish common policies and processes for acquisition by the majority of
executive agencies. (Source: Chapter 1, Title 48)
Where are the steps unique to a two-step bidding process found in the FAR?
ANSWER FAR Section 14.503
T/F: As long as you have mentioned the appropriate general section of the FAR
where the information is found, you don't need to be explicit. - ANSWER
Untrue
Which set of rules carries out and enhances the FAR? ANSWER the
acquisition rules unique to the agency.
The FAR has how many parts? ANSWER 53
What phrase refers to "in spite of this," in relation to other regulation or rule
provisions? ANSWER Nevertheless
What is the subsection in FAR reference 22.102-3? ANSWER 1
What phrase suggests that an ADDS statement contains policies and procedures
not addressed in the FAR? ANSWER SUPPLEMENT
In a FAR citation, what is the name of the numerical reference that comes after
a hyphen? ASSISTANT Section
