CON 3910 FAC-C Exam Prep Course
Questions and Answers 2025 A+
What are the 3 categories of Organizational Conflict of
Interest?
1. Unequal Access 2. Impaired Objectivity 3. Biased ground rules
What is the organizational conflict of unequal access?
a contractor obtains information not generally available to
competitors
What is the organizational conflict of impaired objectivity?
a support contractor is performing duties that involve assessing or
evaluating itself
What is the organizational conflict of biased ground rules?
the contractor is writing their own job such as a SOW or providing
technical direction
Which Act says all unclassified Federal award data must be
publicly accessible? What part of the FAR is covered?
Federal Funding Accountability and Transparency Act. FAR 4.6
The Anti-Kickback Act of 1986 prohibits any person from-
(select all that apply). A. Providing, attempting to provide, or
offering to provide any kickback B. Accepting a gift of over
$100 throughout the course of a calendar year. C. Soliciting,
accepting, or attempting to accept any kickback D. Including,
directly or indirectly, the amount of any kickback in the
contract price charged by a subcontractor to a prime
contractor or a higher tier subcontractor or in the contract
price charged by a prime contractor to the United States.
ACD
T or F - Federal employees are prohibited from soliciting or
accepting gifts offered "because of the employee's official
position" or gifts offered by a "prohibited source."
True
,There are three basic approaches available to contractors
and the Agency for dealing with OCI issues, as follows:
(select all that apply). A. Avoid B. Neutralize C. Substantiate
D. Mitigate
ABD
FAR 1.102(a) tells us that the vision for the Federal
Acquisition System is to deliver on a timely basis the best
________ to the customer while maintaining _______ and
fulfilling _____________.
best value product or service,
maintaining public trust and
fulfilling public policy objectives.
FAR 7.101 defines ______ as the total cost to the
Government of acquiring, operating, supporting, and (if
applicable) disposing of the items being acquired."
Life-cycle Cost
IAW FAR 1.102-3 does the Acquisition team include
contractor personnel in addition to customer (end user),
technical personnel and contracting personnel?
Yes
What are the two types of authority in government contracts?
Actual and Apparent
What are the 2 types of actual authority?
Express Actual Authority or Implied Actual Authority
Which type of Actual Authority is created by explicit
language, either in writing or verbal?
Express Actual Authority
What type of Actual Authority is usually defined in general
terms to include authority to do what is usual, customary and
necessary to accomplish the action?
Implied Actual Authority
What type of authority is this an example of: an individual is
assigned a task to accomplish but the minor details are not
spelled out either verbally or in writing?
Implied Actual Authority
,What type of authority is when someone reasonably believes
an individual has the authority to act on behalf of the
Government?
Apparent Authority
What part of the FAR delegates authority?
FAR Part 1.1
Which authority is legally binding in Government contracting
and recognized by the courts? A. Apparent B. Actual C.
Guaranteed
Actual
T or F Each authority is NOT delegable unless specifically
stated otherwise.
False
What does FAR Part 2 define as "a mutually binding legal
relationship obligating the seller to furnish the supplies or
services (including construction) and the buyer to pay for
them?"
contract
What are the 4 essential elements of a contract A. Capacity
B. Mutual Assent C. Definition of Terms D. Consideration E.
Lawful Purpose
A,B,D,E - Capacity, Mutual Assent, Consideration, Lawful
Purpose
What term in the FAR refers to the legal competence of a
person to enter a valid contract?
Capacity. To be legally bound to a contract, a party must have the
capacity to understand and appreciate the terms of the contract.
What contract element is also known as Meeting of the
Minds?
Mutual assent means that parties involved in a contract must
come to an agreement about the details of the transaction and
each party either makes a promise or begins or renders
performance.
, What element of a contract means "something of value that a
promisor (the offeror) receives from a promisee (the offeree)
in return for his or her offer?"
Consideration. It is the primary reason a party would seek to enter
a contract. Consideration can take many forms, such as money, a
promise, an action or non-action, or property. Without
consideration, a contract is not enforceable.
Which element of a contract means a contract is
unenforceable if any term of the agreement is contrary to
public policy?
Lawful purpose. A contract cannot be enforced if any term of the
agreement is against the law or if the enforcement of any term of
the agreement would harm the state or its citizens. For example,
a contract to buy and sell goods that are known to be stolen
would not be enforceable.
What is is the process used to determine if industry can
support the acquisition "needs" of the Government?
Market Research
T or F. Market research is required for all Federal
Government contract requirements that exceed the
Simplified Purchase Threshold (SAT) and for certain
requirements below the SAT when adequate information is
not available and the circumstances justify its costs.
True
T or F. The contracting officer may use market research
conducted within 18 months before the award of any task or
delivery order if the information is still current, accurate, and
relevant.
True
What are the 2 types of market research?
strategic or tactical
Which type of market research is conducted continuously
throughout the acquisition process?
Questions and Answers 2025 A+
What are the 3 categories of Organizational Conflict of
Interest?
1. Unequal Access 2. Impaired Objectivity 3. Biased ground rules
What is the organizational conflict of unequal access?
a contractor obtains information not generally available to
competitors
What is the organizational conflict of impaired objectivity?
a support contractor is performing duties that involve assessing or
evaluating itself
What is the organizational conflict of biased ground rules?
the contractor is writing their own job such as a SOW or providing
technical direction
Which Act says all unclassified Federal award data must be
publicly accessible? What part of the FAR is covered?
Federal Funding Accountability and Transparency Act. FAR 4.6
The Anti-Kickback Act of 1986 prohibits any person from-
(select all that apply). A. Providing, attempting to provide, or
offering to provide any kickback B. Accepting a gift of over
$100 throughout the course of a calendar year. C. Soliciting,
accepting, or attempting to accept any kickback D. Including,
directly or indirectly, the amount of any kickback in the
contract price charged by a subcontractor to a prime
contractor or a higher tier subcontractor or in the contract
price charged by a prime contractor to the United States.
ACD
T or F - Federal employees are prohibited from soliciting or
accepting gifts offered "because of the employee's official
position" or gifts offered by a "prohibited source."
True
,There are three basic approaches available to contractors
and the Agency for dealing with OCI issues, as follows:
(select all that apply). A. Avoid B. Neutralize C. Substantiate
D. Mitigate
ABD
FAR 1.102(a) tells us that the vision for the Federal
Acquisition System is to deliver on a timely basis the best
________ to the customer while maintaining _______ and
fulfilling _____________.
best value product or service,
maintaining public trust and
fulfilling public policy objectives.
FAR 7.101 defines ______ as the total cost to the
Government of acquiring, operating, supporting, and (if
applicable) disposing of the items being acquired."
Life-cycle Cost
IAW FAR 1.102-3 does the Acquisition team include
contractor personnel in addition to customer (end user),
technical personnel and contracting personnel?
Yes
What are the two types of authority in government contracts?
Actual and Apparent
What are the 2 types of actual authority?
Express Actual Authority or Implied Actual Authority
Which type of Actual Authority is created by explicit
language, either in writing or verbal?
Express Actual Authority
What type of Actual Authority is usually defined in general
terms to include authority to do what is usual, customary and
necessary to accomplish the action?
Implied Actual Authority
What type of authority is this an example of: an individual is
assigned a task to accomplish but the minor details are not
spelled out either verbally or in writing?
Implied Actual Authority
,What type of authority is when someone reasonably believes
an individual has the authority to act on behalf of the
Government?
Apparent Authority
What part of the FAR delegates authority?
FAR Part 1.1
Which authority is legally binding in Government contracting
and recognized by the courts? A. Apparent B. Actual C.
Guaranteed
Actual
T or F Each authority is NOT delegable unless specifically
stated otherwise.
False
What does FAR Part 2 define as "a mutually binding legal
relationship obligating the seller to furnish the supplies or
services (including construction) and the buyer to pay for
them?"
contract
What are the 4 essential elements of a contract A. Capacity
B. Mutual Assent C. Definition of Terms D. Consideration E.
Lawful Purpose
A,B,D,E - Capacity, Mutual Assent, Consideration, Lawful
Purpose
What term in the FAR refers to the legal competence of a
person to enter a valid contract?
Capacity. To be legally bound to a contract, a party must have the
capacity to understand and appreciate the terms of the contract.
What contract element is also known as Meeting of the
Minds?
Mutual assent means that parties involved in a contract must
come to an agreement about the details of the transaction and
each party either makes a promise or begins or renders
performance.
, What element of a contract means "something of value that a
promisor (the offeror) receives from a promisee (the offeree)
in return for his or her offer?"
Consideration. It is the primary reason a party would seek to enter
a contract. Consideration can take many forms, such as money, a
promise, an action or non-action, or property. Without
consideration, a contract is not enforceable.
Which element of a contract means a contract is
unenforceable if any term of the agreement is contrary to
public policy?
Lawful purpose. A contract cannot be enforced if any term of the
agreement is against the law or if the enforcement of any term of
the agreement would harm the state or its citizens. For example,
a contract to buy and sell goods that are known to be stolen
would not be enforceable.
What is is the process used to determine if industry can
support the acquisition "needs" of the Government?
Market Research
T or F. Market research is required for all Federal
Government contract requirements that exceed the
Simplified Purchase Threshold (SAT) and for certain
requirements below the SAT when adequate information is
not available and the circumstances justify its costs.
True
T or F. The contracting officer may use market research
conducted within 18 months before the award of any task or
delivery order if the information is still current, accurate, and
relevant.
True
What are the 2 types of market research?
strategic or tactical
Which type of market research is conducted continuously
throughout the acquisition process?
