Exam (elaborations)

CON 1400V Exam (New 2024/ 2025 Update) Questions and Verified Answers| Grade A| 100% Correct

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CON 1400V Exam (New 2024/ 2025 Update) Questions and Verified Answers| Grade A| 100% Correct

Institution

CON 1400

Course

CON 1400

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CONI1400VIExamI(NewI2024/I2025I
Update)IQuestionsIandIVerifiedIAnswers-
100%ICorrect-IAIGradeI

QUESTION
IWhatIisInotIaIroleIofItheIprocuringIcontractingIofficerI(PCO)IinIterminations?
MakesItheIdecisionItoIterminateIifIinItheIbestIinterestIofItheIgovernment
IssuesItheIterminationInotice
MayIdelegateIsettlementIresponsibilities
DeterminesItheIallowabilityIofIcostsIsuspendedIorIdisapproved

Answer:
DeterminesItheIallowabilityIofIcostsIsuspendedIorIdisapproved

QUESTION
IIsItheIscenarioIregardingItheIrebuttalIprocessItrueIorIfalse?
ContractorsIhaveI14IdaysItoIcommentIonICPAR.IOnIdayI15,ItheIreportIisIavailableItoIsourceIs
electionsIteamsItoIuseIinItheirIbest-valueIdeterminations.IContractorsIcanInon-
concurIifItheyIdisagreeIwithItheIrating.ITheICPARIthenIisIelevatedItoItheIROItoIresolve.

True
False

Answer:
False

QUESTION
IContractIcloseoutIcanIbeIdelayedIforIwhatIreason?

,TheIcontractorIhasInotIdeliveredIeverythingItheIcontractIrequiredI(material,Iservices,Idata,Ietc.)
IandItheIgovernmentIhasInotIpaidItheIcontractorIinIfull
AIcontractIcompletionIstatementIhasIbeenIgenerated
PhysicalIandIintellectualIpropertyIrightsIwereIpreviouslyIsettledItoIsatisfactionIofItheIparties
NoneIofItheIabove

Answer:
TheIcontractorIhasInotIdeliveredIeverythingItheIcontractIrequiredI(material,Iservices,Idata,Ietc.)
IandItheIgovernmentIhasInotIpaidItheIcontractorIinIfull

QUESTION
IWhatIisItheIDCMA'sIroleIduringIcontractIcloseout?
EnsureIdispositionIofIclassifiedImaterialsIandItheIfinalIpatentIreportIisIcleared
CompleteIcontractIfundsIreviewIandIde-obligateIanyIexcessIfunds
MakingIfinalIindirectIcostIrateIdeterminationsIandIgenerateIpropertyIclearance
AuditIannualIindirectIcostIrates

Answer:
MakingIfinalIindirectIcostIrateIdeterminationsIandIgenerateIpropertyIclearance

QUESTION
IWhatIstatementIisIaccurateIregardingImanualIcontractIcloseout?
AIcontractIcloseoutIchecklistIisInotIrequired
TheIcontractIwillIbeIalwaysIbeIclosedIinI60Idays
CloseoutIcanIbeIinitiatedIandIexecutedIwithoutIrequiringIactionIonItheIpartIofItheIcontractingI
officerIadministeringItheIcontract
UponIreceivingInoticeIofIphysicalIcompletionIofItheIcontract,IaIreviewIbeginsIofItheIcontractIr
equirementsIandIfundsIstatus

Answer:
UponIreceivingInoticeIofIphysicalIcompletionIofItheIcontract,IaIreviewIbeginsIofItheIcontractIr
equirementsIandIfundsIstatus

, QUESTION
IWhatIisIrequiredItoIcloseoutIaIfirm-fixedIpriceIcontract?
FinalIvoucherIisIpendingIapproval
EnsureItheIprimeIhasIclosedIallIsubcontracts
VerifyIthatIsubcontractsIwillIbeIclosed
VerifyIthatIallIinterimIorIdisallowedIcostsIwillIbeIsettled

Answer:
EnsureItheIprimeIhasIclosedIallIsubcontracts

QUESTION
IAIsignedIcopyIofIwhatIformIcanIbeIusedItoIdocumentIstatusIonItheIdispositionIofIaIclassifie
dIcontract?

DDIFormI1597
DDIFormI1593
DDIFormI1594
DDIformI254

Answer:
DDIFormI1593

QUESTION
IWhatIgovernsIgovernmentIpropertyIdisposalIpolicies?
DoDIInstructionI(DoDI)I4161.02
DDIFormI1593
DDIFormI1594
AIcontractIcompletionIchecklist

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