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FAC-C STUDY EXAM GUIDE UPDATED QUESTIONS AND ANSWERS GRADED A+

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FAC-C STUDY EXAM GUIDE UPDATED QUESTIONS AND ANSWERS GRADED A+

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FAC-C CORE EXAM MANUAL UPDATED QUESTIONS
AND ANSWERS GRADED A+
✔✔How many parts are there in the FAR? - ✔✔53

✔✔What is a Procurement Instrument Identifier (PIID)? - ✔✔A unique number
identifying each solicitation, contract, agreement, or order and related procurement
instrument

✔✔The DoD Procurement Instrument Identifier (PIID) is 13 positions long. Position 9
identifies the type of instrument. If position 9 is a "D", which of the following types of
instruments is representative? - ✔✔Indefinite-delivery contracts to include IDIQs and
requirements contracts

✔✔You are reviewing a contract that utilizes the uniform contract format. In Section J
you see an exhibit. How will the exhibit be displayed? - ✔✔With one or two alpha
characters (e.g., Exhibit AA)

✔✔Your customer comes to you anticipating a new requirement, one that has not been
purchased recently. You'd like to refer them to the FAR part dealing specifically with
market research. Which FAR part do you refer them to? - ✔✔FAR part 10

✔✔Of the following types of contracts, which shall not be used in Government
contracting? - ✔✔Cost-plus-a-percentage-of-cost

✔✔When can a time-and-materials (T&M) contract be used? - ✔✔A T&M contract may
be used only when it is not possible at the time of placing the contract to estimate
accurately the extent or duration of the work or to anticipate costs

✔✔What underlying principle should the contracting officer follow to avoid
organizational conflicts of interest? - ✔✔Prevent unfair competitive advantage

✔✔Terms that address specific types of exchanges with offerors after receipt of
proposals include: - ✔✔Communications, discussions, and clarifications

✔✔With limited exceptions as authorized by agency regulations, what does the FAR
say about Government employees soliciting and accepting gifts from contractors?
Government employees: - ✔✔May not solicit or accept gifts

✔✔What is the general guidance provided by the FAR for contractor bid or proposal
information? - ✔✔It may not be disclosed to anyone unless they are authorized to
receive it

, ✔✔With few exceptions, which one of the following statements is true regarding
awarding contracts to U.S. Government employees? - ✔✔A contracting officer shall not
knowingly award a contract to a Government employee

✔✔Which of the following would represent, or potentially represent, an organizational
conflict of interest (OCI)? - ✔✔An engineering support contractor (contractor A) is hired
to assist in the development of Government specifications for a new requirement.
Contractor A writes the specifications in such a way as to require the Government's use
of contractor A's proprietary processes even though there are other solutions.

✔✔Which term means the total cost to the Government of acquiring, operating,
supporting, and (if applicable) disposing of the items being acquired? - ✔✔Life-cycle
costs

✔✔Which of the following reflects market research policy? Market research: - ✔✔Aids in
determining if sources capable of satisfying the agency's requirements exist

✔✔Which section of the uniform contract format (UCF) exists to include negotiated,
meaningful special contract requirements that are not included in Section I, Contract
clauses, or in other sections of the UCF? - ✔✔Section H

✔✔Who is the individual designated and authorized in writing by the contracting officer
to perform specific technical or administrative functions? - ✔✔Contracting officer's
representative

✔✔Which of the following statements is accurate regarding Acquisition Teams? -
✔✔The Acquisition Team includes representatives of the technical, supply, and
procurement communities, the customers they serve, and the contractors who provide
the products and services.

✔✔Select the statement that is NOT conducive toward forming a cohesive team. -
✔✔The Government should foster an "arm's length" approach for an effective
relationship.

✔✔The authority of a contracting officer's representative (COR) shall be: -
✔✔Designated in writing, with a copy given to the contractor and contract administration
office.

✔✔Which event is meant to aid both the Government and contractor personnel to 1)
achieve a clear and mutual understanding of all contract requirements, and (2) identify
and resolve potential problems after contract award? - ✔✔Postaward orientation
conference

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