CON 1400V Final Exam Questions and
Answers Graded A+Latest Update; Defense
Acquisition University
When does contract administration planning begin?
After contract award
After the first invoice is received
Early in the acquisition process, when general planning begins
February 2
Question at position 2
True or false? A contracting officer normally delegates conducting a
postaward orientation conference to the administrative contracting
officer (ACO) or the contracting officer’s representative (COR).
True
False
Question at position 3
Generally, government contracts do not hold contractors liable for
loss of government property if the property is provided under which
type of contract?
Contracts for commercial products and commercial services
Contracts with educational institutions
Cost-reimbursement contracts
Contracts that do not exceed the simplified acquisition threshold
Question at position 4
According to the Prompt Payment Act, how many days does the
government have from receipt of a proper invoice to submit
payment?
7
15
30
45
Question at position 5
What part of the Federal Acquisition Regulation (FAR) identifies the
required contract file documentation?
FAR 4.804
FAR 4.803
, FAR 4.7
FAR 4.6
Question at position 6
When must a contractor maintain an approved property
management system and be monitored by a government property
representative?
Answers Graded A+Latest Update; Defense
Acquisition University
When does contract administration planning begin?
After contract award
After the first invoice is received
Early in the acquisition process, when general planning begins
February 2
Question at position 2
True or false? A contracting officer normally delegates conducting a
postaward orientation conference to the administrative contracting
officer (ACO) or the contracting officer’s representative (COR).
True
False
Question at position 3
Generally, government contracts do not hold contractors liable for
loss of government property if the property is provided under which
type of contract?
Contracts for commercial products and commercial services
Contracts with educational institutions
Cost-reimbursement contracts
Contracts that do not exceed the simplified acquisition threshold
Question at position 4
According to the Prompt Payment Act, how many days does the
government have from receipt of a proper invoice to submit
payment?
7
15
30
45
Question at position 5
What part of the Federal Acquisition Regulation (FAR) identifies the
required contract file documentation?
FAR 4.804
FAR 4.803
, FAR 4.7
FAR 4.6
Question at position 6
When must a contractor maintain an approved property
management system and be monitored by a government property
representative?
