CON 3990V Final Exam Complete Questions
with Verified Correct Answers & Detailed
Rationales | Graded A+ | Updated 2026 | Defense
Acquisition University (DAU)
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QUESTION 1
Which FAR part sets forth the basic policies and general information about the
Federal Acquisition Regulations System?
A. FAR Part 1
B. FAR Part 2
C. FAR Part 3
D. FAR Part 4
Rationale: FAR Part 1 establishes the purpose, authority, applicability, and
structure of the FAR System, including issuance, maintenance, and deviation
procedures.
QUESTION 2
FAR Part 2 primarily addresses:
A. Competition requirements
B. Definitions of words and terms
C. Improper business practices
D. Contract administration
Rationale: FAR Part 2 defines words and terms frequently used throughout the
FAR and authorizes their incorporation into solicitations and contracts by
reference.
QUESTION 3
,Which FAR part prescribes policies for avoiding improper business practices and
personal conflicts of interest?
A. FAR Part 1
B. FAR Part 2
C. FAR Part 3
D. FAR Part 4
Rationale: FAR Part 3 specifically addresses improper business practices,
gratuities, and personal conflicts of interest.
QUESTION 4
FAR Part 6 addresses which of the following?
A. Acquisition Planning
B. Competition Requirements
C. Contract Pricing
D. Contract Administration
Rationale: FAR Part 6 establishes policies and procedures for full and open
competition, including the requirements for justifying and approving exceptions to
full and open competition.
QUESTION 5
What is the primary purpose of the Federal Acquisition Regulation (FAR)?
A. To provide guidance on personnel management
B. To standardize the procurement process across federal agencies
C. To manage federal employee benefits
D. To set environmental regulations
Rationale: The FAR provides uniform policies and procedures for federal
procurement to ensure consistency and compliance across all federal agencies.
QUESTION 6
Which FAR part addresses acquisition planning?
,A. FAR Part 6
B. FAR Part 7
C. FAR Part 8
D. FAR Part 9
Rationale: FAR Part 7 establishes policies and procedures for acquisition
planning, including the development of acquisition strategies and the consideration
of contract type.
QUESTION 7
FAR Part 15 addresses which of the following?
A. Simplified acquisition procedures
B. Contracting by negotiation
C. Sealed bidding
D. Commercial items
Rationale: FAR Part 15 covers contracting by negotiation, including the policies
and procedures for obtaining offers, conducting discussions, and making award
decisions.
QUESTION 8
FAR Part 12 applies to:
A. Construction contracts
B. Acquisition of commercial items
C. Service contracts
D. Research and development contracts
Rationale: FAR Part 12 establishes policies and procedures for acquiring
commercial items and commercial services, emphasizing the use of streamlined
acquisition procedures.
QUESTION 9
FAR Part 31 addresses:
, A. Contract administration
B. Cost principles
C. Contract termination
D. Quality assurance
Rationale: FAR Part 31 establishes principles and procedures for determining the
allowability, allocability, and reasonableness of costs incurred by contractors.
QUESTION 10
Which of the following is the correct citation for the FAR provision on
organizational conflicts of interest?
A. FAR 9.5
B. FAR 9.5
C. FAR Subpart 9.5
D. FAR 7.5
Rationale: FAR Subpart 9.5 addresses organizational and consultant conflicts of
interest, establishing policies for identifying, evaluating, and resolving such
conflicts.
SECTION 2: CONTRACT TYPES & SELECTION
QUESTION 11
What is the most common type of contract used in acquisition?
A. Cost-Plus-Fixed-Fee (CPFF)
B. Firm-Fixed-Price (FFP)
C. Time-and-Materials (T&M)
D. Cost-Plus-Incentive-Fee (CPIF)
Rationale: FFP is the most common contract type because it places maximum risk
on the contractor. The government pays a fixed price regardless of contractor costs,
minimizing government cost risk and providing certainty for the contractor.
with Verified Correct Answers & Detailed
Rationales | Graded A+ | Updated 2026 | Defense
Acquisition University (DAU)
Leave your honest rating⭐⭐⭐⭐⭐
QUESTION 1
Which FAR part sets forth the basic policies and general information about the
Federal Acquisition Regulations System?
A. FAR Part 1
B. FAR Part 2
C. FAR Part 3
D. FAR Part 4
Rationale: FAR Part 1 establishes the purpose, authority, applicability, and
structure of the FAR System, including issuance, maintenance, and deviation
procedures.
QUESTION 2
FAR Part 2 primarily addresses:
A. Competition requirements
B. Definitions of words and terms
C. Improper business practices
D. Contract administration
Rationale: FAR Part 2 defines words and terms frequently used throughout the
FAR and authorizes their incorporation into solicitations and contracts by
reference.
QUESTION 3
,Which FAR part prescribes policies for avoiding improper business practices and
personal conflicts of interest?
A. FAR Part 1
B. FAR Part 2
C. FAR Part 3
D. FAR Part 4
Rationale: FAR Part 3 specifically addresses improper business practices,
gratuities, and personal conflicts of interest.
QUESTION 4
FAR Part 6 addresses which of the following?
A. Acquisition Planning
B. Competition Requirements
C. Contract Pricing
D. Contract Administration
Rationale: FAR Part 6 establishes policies and procedures for full and open
competition, including the requirements for justifying and approving exceptions to
full and open competition.
QUESTION 5
What is the primary purpose of the Federal Acquisition Regulation (FAR)?
A. To provide guidance on personnel management
B. To standardize the procurement process across federal agencies
C. To manage federal employee benefits
D. To set environmental regulations
Rationale: The FAR provides uniform policies and procedures for federal
procurement to ensure consistency and compliance across all federal agencies.
QUESTION 6
Which FAR part addresses acquisition planning?
,A. FAR Part 6
B. FAR Part 7
C. FAR Part 8
D. FAR Part 9
Rationale: FAR Part 7 establishes policies and procedures for acquisition
planning, including the development of acquisition strategies and the consideration
of contract type.
QUESTION 7
FAR Part 15 addresses which of the following?
A. Simplified acquisition procedures
B. Contracting by negotiation
C. Sealed bidding
D. Commercial items
Rationale: FAR Part 15 covers contracting by negotiation, including the policies
and procedures for obtaining offers, conducting discussions, and making award
decisions.
QUESTION 8
FAR Part 12 applies to:
A. Construction contracts
B. Acquisition of commercial items
C. Service contracts
D. Research and development contracts
Rationale: FAR Part 12 establishes policies and procedures for acquiring
commercial items and commercial services, emphasizing the use of streamlined
acquisition procedures.
QUESTION 9
FAR Part 31 addresses:
, A. Contract administration
B. Cost principles
C. Contract termination
D. Quality assurance
Rationale: FAR Part 31 establishes principles and procedures for determining the
allowability, allocability, and reasonableness of costs incurred by contractors.
QUESTION 10
Which of the following is the correct citation for the FAR provision on
organizational conflicts of interest?
A. FAR 9.5
B. FAR 9.5
C. FAR Subpart 9.5
D. FAR 7.5
Rationale: FAR Subpart 9.5 addresses organizational and consultant conflicts of
interest, establishing policies for identifying, evaluating, and resolving such
conflicts.
SECTION 2: CONTRACT TYPES & SELECTION
QUESTION 11
What is the most common type of contract used in acquisition?
A. Cost-Plus-Fixed-Fee (CPFF)
B. Firm-Fixed-Price (FFP)
C. Time-and-Materials (T&M)
D. Cost-Plus-Incentive-Fee (CPIF)
Rationale: FFP is the most common contract type because it places maximum risk
on the contractor. The government pays a fixed price regardless of contractor costs,
minimizing government cost risk and providing certainty for the contractor.
