CON 3900 PRACTICE EXAMS Questions with 100% Correct Answers

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 Except when authorized otherwise, a Government contract: Must be in writing Which is NOT a type of contracting officer? Executive contracting officer With respect to the requirements of law, executive orders, regulations, and all other applicable procedures, prior to signing a contract, a contracting officer mus