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Contracting Certification Exam Prep Course Questions and Answers

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Contracting Certification Exam Prep Course Market research is conducted during which phase of acquisition? - Answer-All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? - Answer-Deviation Feedback: See FAR 1.401(a) Simplified Acquisition Procedures (SAP) should: - Answer-Promote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? - Answer-DD Form 1547, Weighted Guidelines Method What type(s) or contracts can be awarded when acquiring commercial items of supply? - Answer-Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment When using invitations for bid (IFBs), what type(s) if contracts can be awarded? - Answer-Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment Which id the following is correct regarding the DFARS Procedures Guidance and Information (PGI) - Answer-The DFARS PGI is a companion resource to the DFARS Which of the following statements is accurate regarding the Government's policy on contract modifications? - Answer-Only contracting officers acting within the scope if their authority are authorized to execute modifications on behalf if the Government Which of the following is accurate about unilateral modifications? - Answer-Are only signed by a Government contracting officer, not the contractor Except when authorized otherwise, a Government contract: - Answer-Must be in writing Which is NOT a type of contracting officer? - Answer-Executive contracting officer With respect to the requirements of law, executive orders, regulations, and all other applicable procedures, prior to signing a contract, a contracting officer must - Answer-Ensure that each has been met A (blank) 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 - Answer-Contract clause

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Contracting Certification Exam Prep
Course
Market research is conducted during which phase of acquisition? - Answer-All
phases of the acquisition

What is the use of a procedure that is inconsistent with the FAR? - Answer-Deviation
Feedback: See FAR 1.401(a)

Simplified Acquisition Procedures (SAP) should: - Answer-Promote competition to
the maximum extent practicable

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

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

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

Which id the following is correct regarding the DFARS Procedures Guidance and
Information (PGI) - Answer-The DFARS PGI is a companion resource to the DFARS

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

Which of the following is accurate about unilateral modifications? - Answer-Are only
signed by a Government contracting officer, not the contractor

Except when authorized otherwise, a Government contract: - Answer-Must be in
writing

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

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

A (blank) 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 - Answer-
Contract clause

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