AND CORRECT ANSWERS 2025/2026
The Federal Trade Commission (FTC) states an environmental marketing
claim should do all of the following except:
a) Have qualifications and disclosures that are clear enough to
prevent deception.
b) Include a statement that makes the basis of comparison clear so
that the consumer should be able to understand the claim.
c) Not overstate the environmental attribute or benefit, expressly
or by implication.
d) Include eco-labels issued by an independent third party. --
CORRECT ANSWER--d) Include eco-labels issued by an
independent third party.
Upon review of an offeror's claim that certain information in the offeror's
proposal should be kept confidential, the procurement officer disagrees
with that claim. The procurement officer should:
a) Advise the offeror that the information will be kept confidential until an
open records request is received and determine confidentiality based on the
content of that request.
b) Advise the offeror that the information will be kept confidential until an
open records request is received and determine confidentiality based on the
content of that request.
,c) Advise the offeror and give it the opportunity to explain why it believes
the information is proprietary.
d) Deny the request for confidentiality. --CORRECT ANSWER--c) Advise
the offeror and give it the opportunity to explain why it believes the
information is proprietary.
The legislature of the buyer's jurisdiction just passed a law encouraging all
governmental procurement to maximize the use of disadvantaged businesses
in the procurement process. What strategy could the buyer employ on their
solicitation to help meet this goal without sacrificing competition?
a) Require offerors to use a certain percentage of disadvantaged
businesses as subcontractors
b) Award additional points to disadvantaged businesses
c) Place a special advertisement of the opportunity in a disadvantaged
audience business publication
d) Create a set-aside for disadvantaged businesses --CORRECT
ANSWER--c) Place a special advertisement of the opportunity in a
disadvantaged audience business publication
Completing a Procurement Profile is beneficial because:
a) It adds decision making intelligence to spend analysis.
b) It provides detailed information related to the procurement
units organizational structure for the vendor community.
c) It provides critical information relating to the current market
conditions for the product or services required.
,d) It details the risks inherent in the market that could affect the agencies
operations. --CORRECT ANSWER--a) It adds decision making
intelligence to spend analysis.
Procurement Profile --CORRECT ANSWER--The result produced after
conducting a series of various analyses on the procurement expenditures of
an entity regarding the range of goods, services, or construction procured
(e.g., spend analysis, market analysis, and the risks inherent in the market
that could affect the entity's operations).
What contract type is best used when supplies will need to be purchased
repetitively in large quantities over a specified time period?
a) Request for proposals
b) Spot bid
c) Term contract
d) Noncompetitive negotiation --CORRECT ANSWER--c) Term contract
Implied authority occurs when?
a) Inferences and reasonable deductions based on conduct are made.
b) Explicit language grants authority;
c) Codified language is used to delegate responsibility and authority to a
given party;
d) The illusion of authority is allowed --CORRECT ANSWER--a)
Inferences and reasonable deductions based on conduct are made.
, Apparent authority occurs when?
a) An individual functions in the capacity that leads others to believe
he/she is an authorized agent of the principle.
b) Explicit language grants authority.
c) A logical extension of expression authority conferred upon a given party.
d) Codified language delegating responsibility and authority to a given
party. -- CORRECT ANSWER--a) An individual functions in the capacity
that leads others to believe he/she is an authorized agent of the principle.
In 1890, Congress passed this Antitrust Act. It has been the linchpin of
antitrust law. In Section 1 of this Act, it states: Every contract, combination
in the form of trust or otherwise, or conspiracy, in restraint of trade or
commerce among the several States, or with foreign nations, is declared to
be illegal. Every person who shall make any contract or engage in any
combination or conspiracy hereby declared to be illegal shall be deemed
guilty of a felony, and, on conviction thereof, shall be punished by fine not
exceeding $100,000,000 if a corp., or, if any person, $1,000,000, or by
imprisonment not exceeding 10 years, or by both said punishments, in the
discretion of the court. Section 2 of this Act, makes interstate monopolies a
felony. This Act is:
a) The Clayton Act
b) The Federal Trade Commission Act
c) The Sherman Act
d) The Robinson-Patman Price Discrimination Act --CORRECT
ANSWER--c) The Sherman Act