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FAC - C Exam with Complete Solutions New Update

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FAC - C Exam with Complete Solutions New Update How many parts are there in the FAR? - Answer - 53 Which FAR part sets forth the basic policies and general information about the Federal Acquisition Regulations System? - Answer - FAR part 1 With respect to the requirements of law, executive orders, regulations, and all other applicable procedures, prior to signing a contract, what must a contracting officer do? - Answer - Ensure that each has been met. Which is NOT a type of contracting officer? - Answer - Executive contracting officer How many parts are there in the FAR? - Answer - 53 If Position 9 of the DoD Procurement Instrument Identifier (PIID) is 'D,' which type of instrument is it? - Answer - Indefinite-delivery contracts, including IDIQs and requirements contracts Which FAR part sets forth the basic policies and general information about the Federal Acquisition Regulations System? - Answer - FAR Part 1 A contractor failed to deliver a commercial item within the time specified by the contract. What type of termination would you proceed with? - Answer - Termination for Cause Which of the following statements best conveys the convention at FAR 1.108(b), delegation of authority? - Answer - Each authority is delegable unless specifically stated otherwise. Joan stated that she was working on selecting solicitation provisions. What is true about the contract? - Answer - It has not been awarded. What is a Procurement Instrument Identifier (PIID)? - Answer - A unique number identifying each solicitation, contract, agreement, or order and related procurement instrument. A program manager asked John whether a contract clause is only used in the contract or if it applies to the solicitation as well. John correctly answered by replying with which of the following statements? - Answer - A contract clause is a term or condition used in contracts, or in both solicitations and contracts, that applies after contract award or both before and after award. Which of the following is correct regarding the DFARS Procedures Guidance and Information (PGI)? - Answer - The DFARS PGI is a companion resource to the DFARS. Except when authorized otherwise, what is true about a government contract? - Answer - It must be in writing. What should Simplified Acquisition Procedures (SAP) do? - Answer - Promote competition to the maximum extent practicable. What type(s) of contracts can be awarded when acquiring commercial items of supply? - Answer - Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment. What is the use of a procedure that is inconsistent with the FAR? - Answer - Deviation. Market research is conducted during which phase of the acquisition? - Answer - All phases of the acquisition. What is the tool (form) used by DoD to apply a structured profit/fee? - Answer - DD Form 1547, Weighted Guidelines Method. When using invitations for bids (IFBs), what type(s) of contracts can be awarded? - Answer - Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment. Which of the following is accurate about unilateral modifications? - Answer - They are only signed by a government contracting officer, not the contractor. Which of the following statements is accurate regarding the government's policy on contract modifications? - Answer - Only contracting officers acting within the scope of their authority are authorized to execute contract modifications on behalf of the government. Your customer comes to you anticipating a new requirement, one that has not been purchased recently. You'd like to refer them to the FAR part dealing specifically with market research. Which FAR part do you refer them to? - Answer - FAR Part 10. Which of the following would represent, or potentially represent, an organizational conflict of interest (OCI)? - Answer - An engineering support contractor (contractor A) is hired to assist in the development of government specifications for a new requirement. Contractor A writes the specifications in such a way as to require the government's use of contractor A's proprietary processes even though there are other solutions. When can a time-and-materials (T&M) contract be used? - Answer - A T&M contract may be used only when it is not possible at the time of placing the contract to estimate accurately the extent or duration of the work or to anticipate costs. Of the following types of contracts, which shall not be used in government contracting? - Answer - Cost-plus-a-percentage-of-cost. What is the general guidance provided by the FAR for contractor bid or proposal information? - Answer - It may not be disclosed to anyone unless they are authorized to receive it. What underlying principle should the contracting officer follow to avoid organizational conflicts of interest? - Answer - Prevent unfair competitive advantage. What is included with terms that address specific types of exchanges with offerors after receipt of proposals? - Answer - Communications, discussions, and clarifications.

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Uploaded on
May 22, 2025
Number of pages
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Written in
2024/2025
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FAC - C Exam with Complete Solutions
New Update
How many parts are there in the FAR? - Answer - ✔ 53

Which FAR part sets forth the basic policies and general information about the Federal
Acquisition Regulations System? - Answer - ✔ FAR part 1

With respect to the requirements of law, executive orders, regulations, and all other
applicable procedures, prior to signing a contract, what must a contracting officer do? -
Answer - ✔ Ensure that each has been met.

Which is NOT a type of contracting officer? - Answer - ✔ Executive contracting officer

How many parts are there in the FAR? - Answer - ✔ 53

If Position 9 of the DoD Procurement Instrument Identifier (PIID) is 'D,' which type of
instrument is it? - Answer - ✔ Indefinite-delivery contracts, including IDIQs and
requirements contracts

Which FAR part sets forth the basic policies and general information about the Federal
Acquisition Regulations System? - Answer - ✔ FAR Part 1

A contractor failed to deliver a commercial item within the time specified by the contract.
What type of termination would you proceed with? - Answer - ✔ Termination for Cause

Which of the following statements best conveys the convention at FAR 1.108(b),
delegation of authority? - Answer - ✔ Each authority is delegable unless specifically
stated otherwise.

Joan stated that she was working on selecting solicitation provisions. What is true about
the contract? - Answer - ✔ It has not been awarded.

What is a Procurement Instrument Identifier (PIID)? - Answer - ✔ A unique number
identifying each solicitation, contract, agreement, or order and related procurement
instrument.

A program manager asked John whether a contract clause is only used in the contract
or if it applies to the solicitation as well. John correctly answered by replying with which
of the following statements? - Answer - ✔ A contract clause is a term or condition used
in contracts, or in both solicitations and contracts, that applies after contract award or
both before and after award.

, Which of the following is correct regarding the DFARS Procedures Guidance and
Information (PGI)? - Answer - ✔ The DFARS PGI is a companion resource to the
DFARS.

Except when authorized otherwise, what is true about a government contract? - Answer
- ✔ It must be in writing.

What should Simplified Acquisition Procedures (SAP) do? - Answer - ✔ Promote
competition to the maximum extent practicable.

What type(s) of contracts can be awarded when acquiring commercial items of supply?
- Answer - ✔ Only firm-fixed-price contracts or fixed-price contracts with economic price
adjustment.

What is the use of a procedure that is inconsistent with the FAR? - Answer - ✔
Deviation.

Market research is conducted during which phase of the acquisition? - Answer - ✔ All
phases of the acquisition.

What is the tool (form) used by DoD to apply a structured profit/fee? - Answer - ✔ DD
Form 1547, Weighted Guidelines Method.

When using invitations for bids (IFBs), what type(s) of contracts can be awarded? -
Answer - ✔ Only firm-fixed-price contracts or fixed-price contracts with economic price
adjustment.

Which of the following is accurate about unilateral modifications? - Answer - ✔ They are
only signed by a government contracting officer, not the contractor.

Which of the following statements is accurate regarding the government's policy on
contract modifications? - Answer - ✔ Only contracting officers acting within the scope of
their authority are authorized to execute contract modifications on behalf of the
government.

Your customer comes to you anticipating a new requirement, one that has not been
purchased recently. You'd like to refer them to the FAR part dealing specifically with
market research. Which FAR part do you refer them to? - Answer - ✔ FAR Part 10.

Which of the following would represent, or potentially represent, an organizational
conflict of interest (OCI)? - Answer - ✔ An engineering support contractor (contractor A)
is hired to assist in the development of government specifications for a new
requirement. Contractor A writes the specifications in such a way as to require the
government's use of contractor A's proprietary processes even though there are other
solutions.

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