Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4,6 TrustPilot
logo-home
Document preview thumbnail
Preview 4 out of 68 pages
Exam (elaborations)

CON 2370 SIMPLIFIED ACQUISITION PROCEDURES STUDY GUIDE Original Questions with Answers & Detailed Rationales

Document preview thumbnail
Preview 4 out of 68 pages

CON 2370 SIMPLIFIED ACQUISITION PROCEDURES STUDY GUIDE Original Questions with Answers & Detailed Rationales

Content preview

Page |1


CON 2370 SIMPLIFIED ACQUISITION PROCEDURES STUDY GUIDE Original Questions with
Answers & Detailed Rationales




SECTION 1: SIMPLIFIED ACQUISITION BASICS


1. The simplified acquisition threshold (SAT) is currently:
A) $100,000
B) $150,000
C) $250,000
D) $500,000
Answer: C
Rationale: As of the current FAR threshold adjustments, the
simplified acquisition threshold is $250,000. This threshold is
periodically adjusted for inflation per FAR 2.101.


2. Simplified acquisition procedures are authorized by:
A) FAR Part 12
B) FAR Part 13
C) FAR Part 15
D) FAR Part 6
Answer: B

, Page |2


Rationale: FAR Part 13 governs Simplified Acquisition
Procedures. FAR Part 12 covers commercial items, Part 15
covers negotiated procurement, and Part 6 covers competition
requirements.


3. The purpose of simplified acquisition procedures is to:
A) Increase paperwork
B) Streamline and simplify the acquisition process for smaller
purchases
C) Eliminate competition
D) Only benefit large businesses
Answer: B
Rationale: SAP is designed to reduce administrative burden and
streamline the process for relatively low-cost acquisitions.


4. The micro-purchase threshold is currently:
A) $3,500
B) $5,000
C) $10,000
D) $25,000
Answer: C

, Page |3


Rationale: The micro-purchase threshold is $10,000. This
threshold is periodically adjusted for inflation.


5. Micro-purchases may be made:
A) Using a purchase card without competitive quotes
B) Only through formal bidding
C) Only via sealed bidding
D) Only through negotiated contracts
Answer: A
Rationale: Micro-purchases may be made using a government
purchase card without soliciting competitive quotes, per FAR
13.201.


6. The micro-purchase threshold for acquisitions supporting
contingency operations or defense against certain attacks is:
A) $10,000
B) $15,000
C) $20,000
D) $25,000
Answer: C

, Page |4


Rationale: FAR increases the micro-purchase threshold to
$20,000 for acquisitions supporting contingency operations or
defense against certain attacks.


7. The simplified acquisition threshold for acquisitions
supporting contingency operations or defense against certain
attacks is:
A) $250,000
B) $500,000
C) $750,000
D) $1,000,000
Answer: D
Rationale: FAR raises the SAT to $1,000,000 for contingency
operations or defense against certain attacks.


8. For acquisitions at or below the micro-purchase threshold,
the Government:
A) Requires full and open competition
B) May purchase without obtaining competitive quotes if the
price is reasonable
C) Must use sealed bidding
D) Must use negotiated procedures

Document information

Uploaded on
August 25, 2026
Number of pages
68
Written in
2026/2027
Type
Exam (elaborations)
Contains
Questions & answers
R308,28

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
Performance
4,3
(241)
Sold
568
Followers
45
Items
19751
Last sold
10 hours ago



Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their exams and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can immediately select a different document that better matches what you need.

Pay how you prefer, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card or EFT and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions