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CON 3910 Practice Exam 1 || Already Graded A+.

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Market Research is conducted during which phase of acquisition? correct answers All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR correct answers Deviation Simplified Acquisition Procedures (SAP) should: correct answers Promote competition to the maximum extend practicable What is the tool (form) used by DoD to apply a structured profit/fee? correct answers DD Form 1547 - Weighted Guidelines Method What type(s) of contracts can be awarded when acquiring commercial items of supply? correct answers Only firm-fixed-price contracts OR fixed-price contracts with economic price adjustment When using invitations for bids (IFBs), what type(s) of contracts can be awarded? correct answers Only firm-fixed-price contracts OR fixed-price contracts with economic price adjustment Which of the following is correct regarding the DFARS Procedures Guidance and Information (PGI)? correct answers 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? correct answers Only contracting officers acting within the scope of their authority are authorized to execute contract modifications on behalf of the Government Which of the following is accurate about unilateral modifications? correct answers Are only signed by a Government contracting officer, not the contractor

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CON 3910 Practice Exam 1 || Already Graded A+.


Market Research is conducted during which phase of acquisition? correct answers All phases of
the acquisition


What is the use of a procedure that is inconsistent with the FAR correct answers Deviation


Simplified Acquisition Procedures (SAP) should: correct answers Promote competition to the
maximum extend practicable


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


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


When using invitations for bids (IFBs), what type(s) of contracts can be awarded? correct
answers Only firm-fixed-price contracts OR fixed-price contracts with economic price
adjustment


Which of the following is correct regarding the DFARS Procedures Guidance and Information
(PGI)? correct answers 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? correct answers Only contracting officers acting within the scope of their
authority are authorized to execute contract modifications on behalf of the Government


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

, Except when authorized otherwise, a Government contract: correct answers Must be in writing


Which is NOT a type of contracting officer? correct answers 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: correct answers Ensure that all
statutory requirements have been met and try to ensure all regulations or applicable procedures
have been followed.


Joan stated that she was working on selecting solicitation provisions. With this in mind, you
know the contract: correct answers Has not been awarded


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? correct answers A contract clause is a term or condition used in contracts,
or in both solicitations and contracts, that applies after the contract award or both before and
after award.


A contractor failed to deliver a commercial item within the time specified by the contract. As the
Government contracting officer, you plan to terminate the contract. What type of termination
would you proceed with? correct answers Termination for Cause


Which FAR part sets forth the basic policies and general information about the Federal
Acquisition Regulations System? correct answers FAR part 1


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


How many parts are there in the FAR? correct answers 53

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