FAC-C Professional Solved 100%
Correct A+ Solution Guide
Market research is conducted during which phase of the acquisition? - Answer - ✔ all
phases
With respect to the requirements of law, executive orders, regulations, and all other
applicable procedures, prior to signing a contract, what must a contracting officer do? -
Answer - ✔ ensure that each has been met
How many FAR parts are there? - Answer - ✔ 53
This is a federal law that plays a crucial role in U.S. government financial management.
It originated in the 19th century and requires that government spending must be
authorized by congress, within allocated budget amounts, and used for specified
purposes. - Answer - ✔ The Anti-Deficiency Act
Which FAR part sets forth the basic policies and general information about the Federal
Acquisition Regulations System? - Answer - ✔ FAR Part 1
A contractor failed to deliver a commercial item within the time specified by the contract.
As the government contracting officer, you plan to terminate the contract. What type of
termination would you proceed with? - Answer - ✔ Termination for Cause
Which of the following statements best conveys the convention at FAR 1.108(b),
delegation of authority? - Answer - ✔ Each authority is delegable unless specifically
stated otherwise
What is a Procurement Instrument Identifier (PIID)? - Answer - ✔ A unique number
identifying each solicitation, contract, agreement, or order and related procurement
instrument
What does UCF stand for? - Answer - ✔ Uniform Contract Format
What is the micropurchase threshold? - Answer - ✔ 10,000
What is the Buy-American threshold, and what is the far reference for it? - Answer - ✔
10,000, and FAR 25.5 - Evaluating Foreign Offers - Supply Contract
What is the overall micro-purchase threshold? - Answer - ✔ 10,000
What is the micro-purchase threshold for construction? - Answer - ✔ 2,000
Correct A+ Solution Guide
Market research is conducted during which phase of the acquisition? - Answer - ✔ all
phases
With respect to the requirements of law, executive orders, regulations, and all other
applicable procedures, prior to signing a contract, what must a contracting officer do? -
Answer - ✔ ensure that each has been met
How many FAR parts are there? - Answer - ✔ 53
This is a federal law that plays a crucial role in U.S. government financial management.
It originated in the 19th century and requires that government spending must be
authorized by congress, within allocated budget amounts, and used for specified
purposes. - Answer - ✔ The Anti-Deficiency Act
Which FAR part sets forth the basic policies and general information about the Federal
Acquisition Regulations System? - Answer - ✔ FAR Part 1
A contractor failed to deliver a commercial item within the time specified by the contract.
As the government contracting officer, you plan to terminate the contract. What type of
termination would you proceed with? - Answer - ✔ Termination for Cause
Which of the following statements best conveys the convention at FAR 1.108(b),
delegation of authority? - Answer - ✔ Each authority is delegable unless specifically
stated otherwise
What is a Procurement Instrument Identifier (PIID)? - Answer - ✔ A unique number
identifying each solicitation, contract, agreement, or order and related procurement
instrument
What does UCF stand for? - Answer - ✔ Uniform Contract Format
What is the micropurchase threshold? - Answer - ✔ 10,000
What is the Buy-American threshold, and what is the far reference for it? - Answer - ✔
10,000, and FAR 25.5 - Evaluating Foreign Offers - Supply Contract
What is the overall micro-purchase threshold? - Answer - ✔ 10,000
What is the micro-purchase threshold for construction? - Answer - ✔ 2,000
