FCR 110 - Federal Acquisition & Contract
Management Verified Multiple Choice and
Conceptual Actual Frequently Tested Exam
Questions With Reviewed 100% Correct
Detailed Answers
Guaranteed Pass!!Current Update!!
1. Which of the following best defines “Acquisition” in the Federal Government
context?
A. The process of hiring new employees
B. The purchase or lease of supplies or services, by contract, for government use
C. The process of awarding grants to non-profits
D. The review of private sector proposals only
Answer: B
Explanation: Acquisition is the purchase or lease of supplies and services, by
contract, for use by the Federal Government. It is broader than just procurement
and includes planning, solicitation, and contract management.
2. Who is primarily responsible for overseeing the performance of a contract
and ensuring compliance with its terms?
A. The Project Manager (PM)
B. The Contracting Officer’s Representative (COR)
C. The Acquisition Team Leader
D. The Evaluation Committee
Answer: B
Explanation: The COR is designated to monitor contractor performance and verify
,that goods and services are delivered as specified. They act as the "eyes and ears"
of the Contracting Officer (CO).
3. What is the Federal Acquisition Regulation (FAR)?
A. A collection of agency-specific policies for acquisition
B. A set of rules governing only military acquisitions
C. A unified body of rules that governs all Federal government acquisitions
D. A legal code for contractor employment rights
Answer: C
Explanation: The FAR is the principal set of regulations governing the acquisition
process for all Federal agencies, ensuring uniformity, transparency, and fairness.
4. Which document describes the work to be performed under a contract?
A. Evaluation Criteria
B. Acquisition Plan
C. Statement of Work (SOW)
D. Solicitation Notice
Answer: C
Explanation: The SOW defines the scope of work, tasks, deliverables, and
performance standards required under the contract.
5. What is the purpose of a Marketplace Analysis during the acquisition process?
A. To determine government budget levels
B. To identify potential offerors and evaluate their capabilities
C. To forecast future acquisition needs only
D. To verify compliance with FAR requirements
, Answer: B
Explanation: Market research and analysis help contracting officers understand
industry capabilities, availability of products/services, and ensure competition.
6. Evaluation factors in solicitations are used for which purpose?
A. To limit the number of potential offerors
B. To assess proposals and determine the best solution
C. To justify acquisition planning costs
D. To ensure compliance with the FAR only
Answer: B
Explanation: Evaluation factors guide how proposals are scored and selected,
ensuring a fair and transparent award decision.
7. Which of the following describes the Acquisition Team?
A. Contractors working together on a project
B. A group of individuals responsible for managing the acquisition process
C. The external auditors of an acquisition
D. A committee that only approves contract funding
Answer: B
Explanation: The Acquisition Team consists of the Contracting Officer, COR,
Project Manager, legal advisors, and others engaged in planning and executing the
acquisition.
8. Which of the following is true of the Contracting Officer’s Representative
(COR)?
A. The COR is authorized to obligate government funds.
B. The COR ensures contract compliance but cannot change contract terms.
C. The COR reports only to the contractor.
D. The COR is responsible for drafting the FAR.
, Answer: B
Explanation: CORs oversee performance but cannot modify contract terms or
obligate funds. Only the Contracting Officer (CO) has that authority.
9. What does “Publicizing Solicitation” mean in the acquisition process?
A. Marketing government products to the private sector
B. Announcing upcoming acquisition opportunities to attract potential offerors
C. Publishing the project budget to the public
D. Notifying Congress of upcoming projects
Answer: B
Explanation: Publicizing solicitations ensures competition by informing the
marketplace of acquisition opportunities, typically via SAM.gov.
10. What is the main purpose of Acquisition Planning?
A. To evaluate contractor past performance only
B. To determine the need for supplies/services and plan how to acquire them
C. To establish government-wide acquisition regulations
D. To finalize contractor payments
Answer: B
Explanation: Acquisition planning aligns agency needs with acquisition strategies,
ensuring cost-effective and timely delivery of goods/services.
11. In the Project Lifecycle, what is the purpose of the Concept Definition phase?
A. To execute and deploy the solution
B. To analyze organizational objectives and identify gaps
C. To write a Statement of Work (SOW)
D. To conduct contract closeout activities
Management Verified Multiple Choice and
Conceptual Actual Frequently Tested Exam
Questions With Reviewed 100% Correct
Detailed Answers
Guaranteed Pass!!Current Update!!
1. Which of the following best defines “Acquisition” in the Federal Government
context?
A. The process of hiring new employees
B. The purchase or lease of supplies or services, by contract, for government use
C. The process of awarding grants to non-profits
D. The review of private sector proposals only
Answer: B
Explanation: Acquisition is the purchase or lease of supplies and services, by
contract, for use by the Federal Government. It is broader than just procurement
and includes planning, solicitation, and contract management.
2. Who is primarily responsible for overseeing the performance of a contract
and ensuring compliance with its terms?
A. The Project Manager (PM)
B. The Contracting Officer’s Representative (COR)
C. The Acquisition Team Leader
D. The Evaluation Committee
Answer: B
Explanation: The COR is designated to monitor contractor performance and verify
,that goods and services are delivered as specified. They act as the "eyes and ears"
of the Contracting Officer (CO).
3. What is the Federal Acquisition Regulation (FAR)?
A. A collection of agency-specific policies for acquisition
B. A set of rules governing only military acquisitions
C. A unified body of rules that governs all Federal government acquisitions
D. A legal code for contractor employment rights
Answer: C
Explanation: The FAR is the principal set of regulations governing the acquisition
process for all Federal agencies, ensuring uniformity, transparency, and fairness.
4. Which document describes the work to be performed under a contract?
A. Evaluation Criteria
B. Acquisition Plan
C. Statement of Work (SOW)
D. Solicitation Notice
Answer: C
Explanation: The SOW defines the scope of work, tasks, deliverables, and
performance standards required under the contract.
5. What is the purpose of a Marketplace Analysis during the acquisition process?
A. To determine government budget levels
B. To identify potential offerors and evaluate their capabilities
C. To forecast future acquisition needs only
D. To verify compliance with FAR requirements
, Answer: B
Explanation: Market research and analysis help contracting officers understand
industry capabilities, availability of products/services, and ensure competition.
6. Evaluation factors in solicitations are used for which purpose?
A. To limit the number of potential offerors
B. To assess proposals and determine the best solution
C. To justify acquisition planning costs
D. To ensure compliance with the FAR only
Answer: B
Explanation: Evaluation factors guide how proposals are scored and selected,
ensuring a fair and transparent award decision.
7. Which of the following describes the Acquisition Team?
A. Contractors working together on a project
B. A group of individuals responsible for managing the acquisition process
C. The external auditors of an acquisition
D. A committee that only approves contract funding
Answer: B
Explanation: The Acquisition Team consists of the Contracting Officer, COR,
Project Manager, legal advisors, and others engaged in planning and executing the
acquisition.
8. Which of the following is true of the Contracting Officer’s Representative
(COR)?
A. The COR is authorized to obligate government funds.
B. The COR ensures contract compliance but cannot change contract terms.
C. The COR reports only to the contractor.
D. The COR is responsible for drafting the FAR.
, Answer: B
Explanation: CORs oversee performance but cannot modify contract terms or
obligate funds. Only the Contracting Officer (CO) has that authority.
9. What does “Publicizing Solicitation” mean in the acquisition process?
A. Marketing government products to the private sector
B. Announcing upcoming acquisition opportunities to attract potential offerors
C. Publishing the project budget to the public
D. Notifying Congress of upcoming projects
Answer: B
Explanation: Publicizing solicitations ensures competition by informing the
marketplace of acquisition opportunities, typically via SAM.gov.
10. What is the main purpose of Acquisition Planning?
A. To evaluate contractor past performance only
B. To determine the need for supplies/services and plan how to acquire them
C. To establish government-wide acquisition regulations
D. To finalize contractor payments
Answer: B
Explanation: Acquisition planning aligns agency needs with acquisition strategies,
ensuring cost-effective and timely delivery of goods/services.
11. In the Project Lifecycle, what is the purpose of the Concept Definition phase?
A. To execute and deploy the solution
B. To analyze organizational objectives and identify gaps
C. To write a Statement of Work (SOW)
D. To conduct contract closeout activities
