CON 3990 Federal Acquisition and Contract Management Examination:
Acquisition Planning and Market Research (FAR Part 10), Simplified Acquisition
Procedures (SAP), Deviation Usage, DD Form 1547 Weighted Guidelines Method,
Commercial Item Contracting, Firm-Fixed-Price and Fixed-Price Economic Price
Adjustment Contracts, Invitation for Bids (IFB) Awards, DFARS Procedures
Guidance and Information (PGI), Contract Modifications Authority, Unilateral
and Bilateral Modifications, Written Contract Requirements, Contracting Officer
Types and Delegations, Solicitation Provisions, Contract Clauses and Exhibits
(UCF Section J), Termination for Cause, FAR Part 1 Policies and Delegation of
Authority, Procurement Instrument Identifier (PIID) Structure, Indefinite-
Delivery Contracts, Exhibit Alpha-Numeric Display, Time-and-Materials (T&M)
Contracts, Organizational Conflict of Interest (OCI) Prevention, Contractor
Communications, Discussions, and Clarifications, Government Employee
Contracting Restrictions Exam Questions Verified and Provided with Complete
A+ Graded Rationales Latest Updated 2026
Market research is conducted during which phase of acquisition?
All phases of the acquisition
What is the use of a procedure that is inconsistent with the FAR?
Deviation
Simplified Acquisition Procedures (SAP) should?
Promote competition to the maximum extent practicable
, What is the tool (form) used by DoD to apply a structured profit/fee?
DD Form 1547, Weighted Guidelines Method
What type(s) of contracts can be awarded when acquiring commercial items of supply?
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?
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)?
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?
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?
Are only signed by a Government contracting officer, not the contractor
Acquisition Planning and Market Research (FAR Part 10), Simplified Acquisition
Procedures (SAP), Deviation Usage, DD Form 1547 Weighted Guidelines Method,
Commercial Item Contracting, Firm-Fixed-Price and Fixed-Price Economic Price
Adjustment Contracts, Invitation for Bids (IFB) Awards, DFARS Procedures
Guidance and Information (PGI), Contract Modifications Authority, Unilateral
and Bilateral Modifications, Written Contract Requirements, Contracting Officer
Types and Delegations, Solicitation Provisions, Contract Clauses and Exhibits
(UCF Section J), Termination for Cause, FAR Part 1 Policies and Delegation of
Authority, Procurement Instrument Identifier (PIID) Structure, Indefinite-
Delivery Contracts, Exhibit Alpha-Numeric Display, Time-and-Materials (T&M)
Contracts, Organizational Conflict of Interest (OCI) Prevention, Contractor
Communications, Discussions, and Clarifications, Government Employee
Contracting Restrictions Exam Questions Verified and Provided with Complete
A+ Graded Rationales Latest Updated 2026
Market research is conducted during which phase of acquisition?
All phases of the acquisition
What is the use of a procedure that is inconsistent with the FAR?
Deviation
Simplified Acquisition Procedures (SAP) should?
Promote competition to the maximum extent practicable
, What is the tool (form) used by DoD to apply a structured profit/fee?
DD Form 1547, Weighted Guidelines Method
What type(s) of contracts can be awarded when acquiring commercial items of supply?
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?
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)?
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?
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?
Are only signed by a Government contracting officer, not the contractor
