Trivia Quiz: Certified Federal Contract Manager! Certification Exam

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  • 1/108 Questions

    The least preferred method of submitting ideas/concepts to the Government is:

    • In response to Broad Agency Announcements
    • Through participation in Small Business Innovation Research Programs
    • In response to Program Research and Development Announcements
    • Unsolicited proposals
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About This Quiz

Are you preparing for the certified contract manager certification exam? The quiz below is perfect for helping you out with your revision as it combines most of the topics covered and some questions from past exams that some students had a hard time answering. Do you think you can tackle it with ease? Give it a try and be on the lookout for another like it!

Trivia Quiz: Certified Federal Contract Manager! Certification Exam - Quiz

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  • 2. 

    Acquisition planning should begin:

    • When a purchase request is received

    • When a Statement of Work is received

    • As soon as the agency need is identified

    • Within 30 days of receipt of the purchase request

    Correct Answer
    A. As soon as the agency need is identified
    Explanation
    The correct answer is "As soon as the agency need is identified." Acquisition planning should begin as soon as the agency need is identified because this allows for sufficient time to develop a comprehensive plan for acquiring the necessary goods or services. By starting the planning process early, the agency can gather all the necessary information, assess potential risks, and develop a strategy to meet the identified need in the most efficient and effective manner. Waiting until a purchase request or Statement of Work is received may result in delays and a rushed planning process, which can lead to poor decision-making and potential problems during the acquisition process.

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  • 3. 

    A form of written approval signed by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actions is defined as a:

    • Ratification

    • Determination and Findings

    • Contracting Officer's Final Decision

    • Waiver

    Correct Answer
    A. Determination and Findings
    Explanation
    A Determination and Findings is a form of written approval signed by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actions. It is a formal document that outlines the reasoning and justification behind a specific decision or action taken by a contracting officer. This document helps ensure transparency and accountability in the contract process by providing a clear record of the decision-making process.

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  • 4. 

    Consolidating two or more requirements for supplies  or services,previously provided or performed under separate smaller contracts, into a solicitation for a single contract is defined as:

    • Combining

    • Consolidating

    • Bundling

    • Mixing

    Correct Answer
    A. Bundling
    Explanation
    Bundling is the process of combining two or more requirements for supplies or services that were previously provided or performed under separate smaller contracts into a single solicitation for a contract. This allows for a more efficient procurement process by consolidating the requirements and potentially achieving cost savings or other benefits.

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  • 5. 

    It is advantageous to establish Blanket Purchase Agreements  with firms who:

    • Have past performance records that show them to be unreliable

    • Bid only on purchases over the simplified acquisition threshold

    • Have provided few purchases at or below the simplified acquisition threshold

    • Offer quality supplies or services at consistently lower prices than their competitors

    Correct Answer
    A. Offer quality supplies or services at consistently lower prices than their competitors
    Explanation
    Establishing Blanket Purchase Agreements (BPAs) with firms that offer quality supplies or services at consistently lower prices than their competitors is advantageous because it allows the purchasing organization to secure these supplies or services at a lower cost. This can lead to cost savings and potentially increase the organization's overall profitability. By having a BPA with such firms, the organization can also ensure a reliable and consistent supply of quality goods or services, which is crucial for smooth operations.

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  • 6. 

    Communication with an offeror for the sole purpose of eliminating minor irregularities, informalities, or apparent clerical mistakes in the proposal is called:

    • Verification

    • Clarification

    • Discussion

    • Remuneration

    Correct Answer
    A. Clarification
    Explanation
    Clarification is the correct answer because it refers to the communication with an offeror for the purpose of resolving minor irregularities, informalities, or clerical mistakes in a proposal. This process allows the offeror to clarify any uncertainties or provide additional information, without altering the substance of their proposal. It is important to note that clarification does not involve negotiations or changes to the proposal's terms or conditions.

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  • 7. 

    The Federal Supply program provides Federal agencies with a simplified process for obtaining commonly used commercial supplies  and services at prices associated with volume buying. It is directed and managed by the:

    • Commerce Department

    • Executive Department

    • General Services Administration

    • Defense Logistics Agency

    Correct Answer
    A. General Services Administration
    Explanation
    The General Services Administration (GSA) is responsible for directing and managing the Federal Supply program. This program aims to provide Federal agencies with an easy and streamlined process to acquire commonly used commercial supplies and services at prices that are associated with volume buying. The GSA ensures that the program operates efficiently and effectively, allowing Federal agencies to obtain the necessary resources they need at competitive prices.

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  • 8. 

    The Contracting Officer may exercise options only after determining that:

    • Funds are available

    • The requirements covered by the option fulfills an existing Government need

    • Market prices for supplies or services are likely to change substantially

    • Both a & b

    Correct Answer
    A. Both a & b
    Explanation
    The correct answer is "Both a & b." The Contracting Officer may exercise options only after determining that funds are available and the requirements covered by the option fulfill an existing Government need. This means that the officer must ensure that there is enough funding to support the option and that the option aligns with the government's needs. Both conditions must be met for the options to be exercised.

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  • 9. 

    A contract with a corporation shall be signed:

    • By the Chief Financial officer

    • By the head of the contracts department

    • In the corporate name, followed by the word "by" and the signature and title of the person authorized to sign

    • By the Chief Executive Officer

    Correct Answer
    A. In the corporate name, followed by the word "by" and the signature and title of the person authorized to sign
    Explanation
    The correct answer is "In the corporate name, followed by the word 'by' and the signature and title of the person authorized to sign." This is because when signing a contract with a corporation, it is important to clearly indicate that the signature is being made on behalf of the corporation. This is done by signing in the corporate name, followed by the word "by" and the signature and title of the person who is authorized to sign on behalf of the corporation. This ensures that the contract is legally binding and that the person signing has the authority to do so.

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  • 10. 

    What is acceptable evidence to establish the time of receipt at the government installation?

    • A US Post Office proof of mailing receipt

    • Other documentary evidence maintained by the contractor

    • Oral testimony or statements by the bidder's personnel

    • Time/date stamp of that installation on the bid wrapper

    Correct Answer
    A. Time/date stamp of that installation on the bid wrapper
    Explanation
    The time/date stamp of the government installation on the bid wrapper is the most acceptable evidence to establish the time of receipt. This is because the stamp provides a clear and official record of when the bid was received by the government installation. It is a reliable and objective piece of evidence that can be easily verified. The US Post Office proof of mailing receipt, other documentary evidence maintained by the contractor, and oral testimony or statements by the bidder's personnel may not be as reliable or objective as the time/date stamp on the bid wrapper.

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  • 11. 

    Contractor's arrangements to pay contingent fees for soliciting Government contracts  have long been considered contrary to public policy because

    • They discourage competition

    • Such arrangements may lead to attempted or actual exercise of improper influence

    • They result in excessive overhead costs

    • Accountability of costs idifficult to track

    Correct Answer
    A. Such arrangements may lead to attempted or actual exercise of improper influence
    Explanation
    Contractor's arrangements to pay contingent fees for soliciting Government contracts have long been considered contrary to public policy because they may lead to attempted or actual exercise of improper influence. This means that when contractors offer to pay fees in order to secure contracts, it creates a situation where there is a potential for corruption or unethical behavior. This undermines the principles of fair competition and transparency in the government contract process.

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  • 12. 

    Which statement concerning Requests for Information (RFis) is true?

    • Responses to RFis are not offers and may not be accepted by the Government to form a binding contract

    • Responses to RFis may be accepted by the Government to form a binding contract

    • RFis are used when the Government desires market information and intends to award a contract immediately

    • Use of RFis is limited to purchases not exceeding the simplified acquisition threshold

    Correct Answer
    A. Responses to RFis are not offers and may not be accepted by the Government to form a binding contract
    Explanation
    Responses to RFis are not offers and may not be accepted by the Government to form a binding contract. This means that when a government agency sends out a Request for Information (RFI), the responses they receive are not considered as formal offers. Instead, they are used to gather information and feedback from potential vendors or contractors. The government agency is not obligated to accept any of the responses or enter into a binding contract based on the information provided in the RFIs.

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  • 13. 

    If market research indicates that neither commercial items nor nondevelopmental items are available to satisfy agency needs, agencies:

    • Must reevaluate the need and determine whether it can be restated to permit commercial or nondevelopmental items to satisfy them

    • May set-aside the procurement

    • Are authorized to pursue the acquisition as a restricted procurement

    • Shall solicit and award any resultant c(mtract using FAR Part 12 policies and procedures

    Correct Answer
    A. Must reevaluate the need and determine whether it can be restated to permit commercial or nondevelopmental items to satisfy them
    Explanation
    If market research indicates that neither commercial items nor nondevelopmental items are available to satisfy agency needs, agencies must reevaluate the need and determine whether it can be restated to permit commercial or nondevelopmental items to satisfy them. This means that the agency should reassess their requirements and see if there is any possibility to modify or redefine them in a way that would allow the use of commercial or nondevelopmental items. This is the appropriate course of action when no suitable options are available in the market.

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  • 14. 

    Which of the following is true concerning Blanket Purchase Agreements  (BPAs)?

    • A purchase requisition is required to establish one

    • Use of a BPA exempts an agency from the responsibility for keeping obligations and expenditures within available funds

    • They may be established with more than one supplier

    • They may be established even if there•is an existing requirements contract for the same supply or service

    Correct Answer
    A. They may be established with more than one supplier
    Explanation
    Blanket Purchase Agreements (BPAs) can be established with more than one supplier. This means that a single BPA can be set up to procure goods or services from multiple suppliers. This allows the agency to have flexibility in selecting suppliers and ensures that they have access to a variety of options. By establishing BPAs with multiple suppliers, the agency can also potentially negotiate better prices and terms, as they have the ability to compare and choose the most advantageous offers. Therefore, the statement "They may be established with more than one supplier" is true concerning BPAs.

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  • 15. 

    Which statement about proposal revisions is true?

    • A contracting officer may consider a revision to a proposal that has been eliminated or otherwise removed from the competitive range

    • Final proposal revisions may be oral

    • The contracting officer may request or allow proposal revisions to clarify and document understandings reached during negotiations

    • Cut off dates for submission of final proposal revisions are negotiated with each offeror

    Correct Answer
    A. The contracting officer may request or allow proposal revisions to clarify and document understandings reached during negotiations
    Explanation
    The correct answer is that the contracting officer may request or allow proposal revisions to clarify and document understandings reached during negotiations. This means that even if a proposal has been eliminated or removed from the competitive range, the contracting officer still has the authority to consider revisions to the proposal. Additionally, final proposal revisions may not be oral, and the cut-off dates for submission of final proposal revisions are negotiated with each offeror.

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  • 16. 

    FAR Part 23 prescribes acquisition policies and procedures supporting  the Govemmenfs program for

    • Ensuring a smoke-free workplace

    • Protecting and improving the quality of work and home life

    • Recycling commercial newspapers

    • Energy conservation, identification of hazardous materials, use of recovered materials

    Correct Answer
    A. Energy conservation, identification of hazardous materials, use of recovered materials
    Explanation
    The correct answer is "Energy conservation, identification of hazardous materials, use of recovered materials." This is because FAR Part 23 is a regulation that governs the acquisition process for the federal government. It focuses on policies and procedures related to energy conservation, identifying hazardous materials, and promoting the use of recovered materials. These measures are important for promoting sustainability, reducing environmental impact, and ensuring the safety of government operations.

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  • 17. 

    The responsibility for selecting the appropriate type of contract for an R & D requirement belongs to

    • Program manager

    • Contracting officer

    • Acquisition manager

    • R&D Chief

    Correct Answer
    A. Contracting officer
    Explanation
    The responsibility for selecting the appropriate type of contract for an R&D requirement belongs to the contracting officer. The contracting officer is responsible for managing the contract and ensuring that it meets the needs of the organization. They have the expertise and knowledge to assess the requirements of the R&D project and determine the most suitable type of contract to be used. This decision is crucial as it affects the terms, conditions, and pricing of the contract, and ultimately impacts the success of the R&D effort. The program manager, acquisition manager, and R&D chief may provide input and guidance, but the final decision lies with the contracting officer.

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  • 18. 

    According to the FAR:

    • An unauthorized commitment may be ratified as long as funds are available

    • The contracting officer is the ratification approval authority for actions up to $2,500

    • Agencies should take positive action to preclude the need for ratification actions

    • Proper delegation of micro-purchase authority eradicates any need for ratification procedures

    Correct Answer
    A. Agencies should take positive action to preclude the need for ratification actions
    Explanation
    The correct answer is "Agencies should take positive action to preclude the need for ratification actions." This means that agencies should actively work to prevent unauthorized commitments from occurring in the first place, so that there is no need for ratification. By establishing proper procedures and controls, agencies can minimize the risk of unauthorized commitments and the subsequent need for ratification.

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  • 19. 

    Unpriced purchase orders may be used to acquire:

    • Repairs to equipment requiring disassembly to determine the nature and extent of repairs

    • Commercial or nondevelopmental items

    • Urgently needed supplies available through multiple sources

    • Routine items for stock

    Correct Answer
    A. Repairs to equipment requiring disassembly to determine the nature and extent of repairs
    Explanation
    Unpriced purchase orders may be used to acquire repairs to equipment requiring disassembly to determine the nature and extent of repairs because in such cases, the exact cost of repairs cannot be determined upfront. Disassembling the equipment is necessary to assess the extent of damage and determine the necessary repairs, which in turn will determine the final cost. Therefore, an unpriced purchase order allows for the flexibility to adjust the cost based on the findings during the disassembly process.

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  • 20. 

    Which of the following about micro-purchases is true?

    • They may not be awarded without soliciting competitive quotations

    • Only a contracting officer may award them

    • The Government-wide commercial purchase card is the preferred means to purchase and . 1 pay for them

    • The requirements in FAR Part 8 do not apply to them

    Correct Answer
    A. The Government-wide commercial purchase card is the preferred means to purchase and . 1 pay for them
    Explanation
    The correct answer is stating that the Government-wide commercial purchase card is the preferred means to purchase and pay for micro-purchases. This means that using the purchase card is the preferred method for acquiring and paying for goods or services that fall within the micro-purchase threshold.

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  • 21. 

    Which part of the uniform contract format is removed from the model contract prior to award:

    • Part II - Contract Clauses

    • Part IV- Representations and Instructions

    • Part I- Schedule

    • Part Ill- Attachments

    Correct Answer
    A. Part IV- Representations and Instructions
    Explanation
    Part IV- Representations and Instructions is removed from the model contract prior to award. This part typically includes instructions to offerors, representations and certifications, and other related information. It is removed because these instructions and representations are no longer relevant once the contract has been awarded. The awarded contract will only include the necessary contract clauses, schedule, and attachments.

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  • 22. 

    If defective pricing is discovered after award:

    • The Government has no recourse

    • The contractor determines the amount of increase and bills the Government

    • The Government is entitled to a price adjustment if the amount is significant

    • A 15% penalty applies to any overpayment attributable to the contractor's error

    Correct Answer
    A. The Government is entitled to a price adjustment if the amount is significant
    Explanation
    If defective pricing is discovered after award, the government is entitled to a price adjustment if the amount is significant. This means that if the pricing error is found to be significant, the government can request a change in the price of the contract to reflect the correct amount. This allows the government to ensure that they are not overpaying for the goods or services provided by the contractor.

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  • 23. 

    Which of the following is a true'contract type allowed by the FAR?

    • A cost-plus-allowable-fee contract

    • A cost-plus-fixed-fee contract

    • A cost-plus-a-percentage-of-cost contract

    • A cost-plus-firm-fee contract

    Correct Answer
    A. A cost-plus-fixed-fee contract
    Explanation
    A cost-plus-fixed-fee contract is a true contract type allowed by the FAR. In this type of contract, the contractor is reimbursed for allowable costs incurred during the performance of the contract, and also receives a fixed fee that is negotiated and agreed upon before the work begins. The fixed fee provides an incentive for the contractor to control costs and complete the work efficiently. This type of contract is commonly used when the scope of work is well-defined and the costs can be estimated with reasonable certainty.

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  • 24. 

    When is an indefinite-delivery contract appropriate?

    • When it is not possible to estimate accurately the extent or duration of the work

    • When the specifications/work statement is clearly defined

    • When uncertainties involved in contractor performance do not penni!costs to be estimated

    • When the exact times and/or quantities of future deliveries are not known at time of award

    Correct Answer
    A. When the exact times and/or quantities of future deliveries are not known at time of award
    Explanation
    An indefinite-delivery contract is appropriate when the exact times and/or quantities of future deliveries are not known at the time of award. This type of contract allows for flexibility in ordering goods or services as needed, without specifying specific quantities or delivery dates upfront. It is useful when there is uncertainty or variability in the demand or requirements, and it allows the buyer to request deliveries on an as-needed basis. This type of contract provides the buyer with more flexibility and reduces the need for accurate estimation of quantities and delivery schedules.

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  • 25. 

    The Contracting  Officer may use competitive proposals in lieu of sealed bids if:

    • Time permits the solicitation, submission, and evaluation of sealed bids

    • Award will be made on the basis of price and other price related factors

    • It is necessary to conduct discussions

    • The resulting contract will be with a small business

    Correct Answer
    A. It is necessary to conduct discussions
    Explanation
    The correct answer is "It is necessary to conduct discussions." This means that if there is a need for the contracting officer to have discussions with potential contractors in order to clarify or negotiate certain terms or requirements of the contract, competitive proposals may be used instead of sealed bids. This allows for more flexibility and the opportunity to have a dialogue with the contractors before making a final decision.

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  • 26. 

    Agencies are required to use the results of market research to determine:

    • If detailed government specifications exist

    • A fair and reasonable price

    • The government's requirements

    • The extent to which commercial items or nondevelopmentalitems could satisfy the need

    Correct Answer
    A. The extent to which commercial items or nondevelopmentalitems could satisfy the need
    Explanation
    Agencies are required to use the results of market research to determine the extent to which commercial items or nondevelopmental items could satisfy the need. This means that they need to assess whether there are existing products or solutions in the market that can meet the government's requirements. By conducting market research, agencies can evaluate the availability and suitability of commercial or nondevelopmental items, which can potentially save time and resources compared to developing new items from scratch.

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  • 27. 

    Which of the following concerning electronic bids is true?

    • Contracting officers may authorize use of electronic commerce for submission of bids but must specify the electronic commerce method(s) that bidders may use

    • Contracting officers may not authorize use of electronic commerce for submission of bids

    • Contracting officers may authorize use.of electronic commerce for submission of bids only when urgency prohibits the time needed to obtain conventional bids

    • . If electronic bids are authorized bidders may use any method of electronic commerce to submit their bid.A firm-fixed-price or fixed-price with economic price adjustment contract will be used

    Correct Answer
    A. Contracting officers may authorize use of electronic commerce for submission of bids but must specify the electronic commerce method(s) that bidders may use
    Explanation
    Contracting officers have the authority to allow the use of electronic commerce for bid submissions. However, they are required to specify the electronic commerce method(s) that bidders are allowed to use. This ensures that there is clarity and consistency in the bidding process.

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  • 28. 

    The process of examining and evaluating a proposed price without evaluating its separate cost elements and proposed profit is called:

    • Technical analysis

    • Price analysis

    • Field pricing support analysis

    • Informal analysis

    Correct Answer
    A. Price analysis
    Explanation
    Price analysis is the process of examining and evaluating a proposed price without evaluating its separate cost elements and proposed profit. This means that in price analysis, the focus is solely on the price itself, without considering the underlying costs or profit margins. Price analysis is commonly used in procurement and contracting to assess the reasonableness and competitiveness of proposed prices. It helps in determining whether the price offered is fair and reasonable based on market conditions, historical data, and other relevant factors.

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  • 29. 

    The Freedom of Information Act provides that infonnation is to be made available to the public

    • By publication in the Washington Post

    • Within 72 hours of the initial request

    • Seven years after the contract is closed

    • Upon request, providing a copy of a reasonably described record

    Correct Answer
    A. Upon request, providing a copy of a reasonably described record
    Explanation
    The correct answer is "Upon request, providing a copy of a reasonably described record." This answer accurately reflects the principle of the Freedom of Information Act, which states that information should be made available to the public upon request. It emphasizes the importance of providing a copy of a record that is reasonably described, ensuring that the information being requested is clear and specific. This answer aligns with the intent of the Act to promote transparency and accessibility of information to the public.

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  • 30. 

    If other than full and open competition is anticipated, the acquisition plan must be coordinated with the cognizant

    • Competition Advocate

    • Head of the Contracting Activity

    • Small Business Office

    • Contract administrator

    Correct Answer
    A. Competition Advocate
    Explanation
    The correct answer is Competition Advocate. The Competition Advocate is responsible for ensuring that full and open competition is achieved to the maximum extent possible in government acquisitions. If other than full and open competition is anticipated, the acquisition plan must be coordinated with the Competition Advocate to ensure that the appropriate justifications and approvals are in place. This helps to promote fairness and transparency in the acquisition process.

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  • 31. 

    When acquiring commercialitems, the contracting officer

    • Is not required to establish price reasonableness

    • Can accept the commercial standard for price reasonableness

    • Must establish price reasonableness in accordance with 13.106-3, 14.408-2, or Subpart 15.4, as applicable

    • Must establish price reasonableness in accordance with commercialpractices

    Correct Answer
    A. Must establish price reasonableness in accordance with 13.106-3, 14.408-2, or Subpart 15.4, as applicable
    Explanation
    When acquiring commercial items, the contracting officer must establish price reasonableness in accordance with 13.106-3, 14.408-2, or Subpart 15.4, as applicable. This means that the contracting officer cannot simply accept the commercial standard for price reasonableness, but rather must follow the specific guidelines and regulations outlined in the mentioned sections. Establishing price reasonableness is an important step in ensuring that the government is paying a fair and reasonable price for the commercial items being acquired.

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  • 32. 

    Contracts to acquire information technology systems in successive, interoperable increments are known as:

    • Multi-year

    • Successive

    • Modular

    • Alpha

    Correct Answer
    A. Modular
    Explanation
    Contracts to acquire information technology systems in successive, interoperable increments are known as modular contracts. This means that the acquisition process is divided into multiple stages or modules, with each module being completed and implemented before moving on to the next. This approach allows for flexibility and adaptability, as changes can be made to each module based on the evolving needs and requirements of the organization. By using modular contracts, organizations can gradually build and integrate different components of the IT system, ensuring interoperability and minimizing risks associated with large-scale system implementations.

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  • 33. 

    In the event that the Federal Prison Industries (FPI) and nonprofit agencies participating in the Javits-Wagner-O'Day (JWOD) Pr()gram produce identical supplies, the ordering offices shall purchase supplies  from the following sources based on priority. Identify the source which has first priority:

    • JWOD participating nonprofit agencies

    • FederalPrison Industries, Inc.

    • Commercial sources

    • Federal Supply Schedule

    Correct Answer
    A. FederalPrison Industries, Inc.
    Explanation
    Federal Prison Industries, Inc. has first priority because it is listed before the other sources in the order of priority.

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  • 34. 

    A cash fund of a fixed amount established by an advance  of funds, without charge to an appropriation, from an agency finance or disbursing officer to a duly appointed  cashier for disbursement as needed from time to time in making payment in cash for relatively small purchases is a/an:

    • Non-appropriated fund

    • General fund

    • Lmprest fund

    • Administrative Commitment Document

    Correct Answer
    A. Lmprest fund
    Explanation
    An imprest fund is a cash fund that is established by an advance of funds, without charge to an appropriation, from an agency finance or disbursing officer to a duly appointed cashier. This fund is used for making cash payments for relatively small purchases as and when needed. It helps to ensure that there is always a fixed amount of cash available for immediate disbursement, thus facilitating efficient and convenient payment for small expenses.

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  • 35. 

    Which of the following is true about quotations?  

    • A quotation is not an offer

    • Solicitation of oralquotations under the Simplified Acquisition Threshold is discouraged

    • Restriction of solicitation to suppliers of well-known and widely distributed makes or brands is preferred

    • Standing price quotations may not be used

    Correct Answer
    A. A quotation is not an offer
    Explanation
    A quotation is not an offer because it is a statement of price or terms that is provided in response to a request for quotation. It is not a binding agreement or commitment to sell a product or service. An offer, on the other hand, is a specific proposal that creates a legal obligation and can be accepted by the other party. Therefore, a quotation is merely a price estimate or proposal that can be accepted or rejected by the buyer.

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  • 36. 

    A pre-bid conference is never to be used for:

    • Answering industry's questions

    • Amending an ambiguous IFB

    • Explaining requirements

    • Conducting market research

    Correct Answer
    A. Amending an ambiguous IFB
    Explanation
    A pre-bid conference is a meeting held before the submission of bids to provide potential bidders with information about the project or procurement. It is meant to clarify any questions or concerns raised by the industry and explain the requirements of the bid. However, it is not intended to amend an ambiguous Invitation for Bids (IFB). The IFB should be clear and unambiguous before the pre-bid conference takes place. If there are any ambiguities in the IFB, they should be addressed and clarified before the conference, rather than attempting to amend it during the conference.

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  • 37. 

    Public Law 100-679  (41 U.S.C.422) requires

    • Certain contractors and subcontractors to comply with Cost Accounting Standards (CAS) and to disclose in writing and follow consistently their cost accounting practices. certain contractors and subcontractors to comply with Cost Accounting Standards (CAS) and to disclose in writing and follow consistently their cost accounting practices.

    • Contractors and certain subcontractors to follow whatever cost accounting standards and practices that they mutually agree to

    • That only contractors disclose in writing and follow consistently their cost accounting practices

    • That contractors and subcontracts may disclose verbally to the contracting officer their cost accounting practices during the solicitation phase

    Correct Answer
    A. Certain contractors and subcontractors to comply with Cost Accounting Standards (CAS) and to disclose in writing and follow consistently their cost accounting practices. certain contractors and subcontractors to comply with Cost Accounting Standards (CAS) and to disclose in writing and follow consistently their cost accounting practices.
    Explanation
    The correct answer is that Public Law 100-679 (41 U.S.C.422) requires certain contractors and subcontractors to comply with Cost Accounting Standards (CAS) and to disclose in writing and follow consistently their cost accounting practices. This means that these contractors and subcontractors are legally obligated to adhere to the CAS and must document and maintain consistent cost accounting practices.

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  • 38. 

    Which of these is NOT a normal function of a contract administration office?

    • Review the contractor's compensation structure and insurance plans

    • Conduct post-award orientation conferences

    • Assist the contractor in management of its subcontractors

    • Determine the contractor's compliance with Cost Accounting Standards

    Correct Answer
    A. Assist the contractor in management of its subcontractors
    Explanation
    The contract administration office is responsible for overseeing and ensuring the proper execution of contracts. This includes reviewing the contractor's compensation structure and insurance plans to ensure compliance, conducting post-award orientation conferences to provide guidance and clarification on contract requirements, and determining the contractor's compliance with Cost Accounting Standards. However, assisting the contractor in the management of its subcontractors is not a normal function of a contract administration office. This task would typically fall under the contractor's own responsibilities.

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  • 39. 

    Class D & Fs:

    • Apply to one and only one contracting action

    • Shall be for an indefinite period

    • Must be signed by the requesting official

    • Provide authority for contracting actions for the same or related supplies or services or other contracting actions that require essentially identical justification

    Correct Answer
    A. Provide authority for contracting actions for the same or related supplies or services or other contracting actions that require essentially identical justification
    Explanation
    This statement is the correct answer because it accurately describes the purpose of Class D & Fs. These documents provide the authority for contracting actions that involve the same or related supplies or services, or other contracting actions that require essentially identical justification. By signing these documents, the requesting official grants the necessary authority for these specific contracting actions. Additionally, Class D & Fs are for an indefinite period, meaning they do not have a set expiration date and can be used as long as the justification remains valid.

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  • 40. 

    Which is not a reason to reject a bid?

    • The bid does not conform to the delivery schedule

    • The price is unreasonable

    • The schedule contains an apparent clerical mistake

    • The bid states a price as being subject to "price in effect at time of delivery"

    Correct Answer
    A. The schedule contains an apparent clerical mistake
    Explanation
    A bid may be rejected if it does not conform to the delivery schedule, if the price is unreasonable, or if the bid states a price as being subject to "price in effect at time of delivery". However, the presence of an apparent clerical mistake in the schedule would not be a reason to reject a bid.

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  • 41. 

    A person holding  itself out to the general public to provide transportation for compensation is a

    • Contract carrier

    • Universal carrier

    • Common carrier

    • Commercial carrier

    Correct Answer
    A. Common carrier
    Explanation
    A person holding itself out to the general public to provide transportation for compensation is a common carrier. A common carrier is a business or individual that offers transportation services to the public for a fee. They are obligated to serve all customers without discrimination and are subject to regulations and legal responsibilities to ensure the safety and well-being of their passengers or cargo. Unlike other types of carriers, such as contract carriers or commercial carriers, common carriers provide services to the general public rather than specific individuals or organizations.

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  • 42. 

    If a contractor has an approved purchasing system,

    • Consent is required for subcontracts identified in the subcontracts clause of the contract

    • Purchases below the Simplified Acquisition Threshold must be reviewed by the contracting officer

    • Only items on the government Qualified Products list may be used

    • F.O.B.origin may not be used

    Correct Answer
    A. Consent is required for subcontracts identified in the subcontracts clause of the contract
    Explanation
    The correct answer states that consent is required for subcontracts identified in the subcontracts clause of the contract. This means that if a contractor wants to subcontract a portion of the work to another party, they must obtain consent from the contracting officer as specified in the subcontracts clause of the contract. This ensures that the contracting officer has oversight and control over the subcontracting process to ensure that it aligns with the terms and conditions of the contract.

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  • 43. 

    A latent defect is a defect which

    • Exists at the time of acceptance

    • Cannot be discovered by a reasonable inspection

    • Botha&b

    • Is discovered by the contractor's quality inspector

    Correct Answer
    A. Botha&b
    Explanation
    A latent defect is a defect that exists at the time of acceptance and cannot be discovered by a reasonable inspection. This means that even if a thorough inspection is conducted by the contractor's quality inspector, the defect will still remain hidden and will only be discovered later on. Therefore, the correct answer is both a and b, as the defect exists at the time of acceptance and cannot be discovered by inspection.

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  • 44. 

    A certificate  of Current Cost or Pricing Data:

    • Does not constitute a representation as to the accuracy of the contractor's judgment on the estimate of future costs or projections

    • Is required upon exercise of an option at the price established at contract award, regardless of dollar value

    • Is required for proposals in support of interim billing price adjustments valued in excess of $500,000 Is required for proposals in support of interim billing price adjustments valued in excess of $500,000

    • Is no longer required

    Correct Answer
    A. Does not constitute a representation as to the accuracy of the contractor's judgment on the estimate of future costs or projections
    Explanation
    The certificate of Current Cost or Pricing Data does not imply that the contractor's judgment on the estimate of future costs or projections is accurate. It is simply a document that provides information about the current costs or pricing data and does not make any claims about the accuracy of future cost estimates or projections.

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  • 45. 

    Government Property means

    • Government-furnisned property

    • Contractor-acquired property

    • Surplus property

    • Both a & b

    Correct Answer
    A. Both a & b
    Explanation
    Government property refers to assets that are either provided by the government or acquired by the contractor in the context of a contractual agreement. "Government-furnished property" refers to assets that are supplied by the government to the contractor for use during the project. "Contractor-acquired property" refers to assets that are obtained by the contractor for use in the project, but are ultimately owned by the government. Therefore, the correct answer is "Both a & b" as government property can include both government-furnished property and contractor-acquired property.

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  • 46. 

    The Government shall not use warranties in Cost Reimbursement Contracts

    • This statement is true

    • Except for warranties in the clauses at 52.246-3, Inspection of Supplies

    • Except for warranties in the clause at 52.246-8, Inspection of Research and Development

    • B and c above

    Correct Answer
    A. B and c above
    Explanation
    The given statement is true, except for warranties in the clauses at 52.246-3, Inspection of Supplies, and 52.246-8, Inspection of Research and Development. This means that the government is generally prohibited from using warranties in cost reimbursement contracts, but there are exceptions for warranties related to the inspection of supplies and research and development.

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  • 47. 

    When fast payment procedures are utilized, who is responsible for collecting debts resulting from failure of contractors to properly replace, repair, or correct supplies lost, damaged, or not conforming to purchase requirements?+

    • Program Manager

    • Contracting Officer

    • Head of the Contracting Authority

    • Accounting and Finance Officer

    Correct Answer
    A. Contracting Officer
    Explanation
    The contracting officer is responsible for collecting debts resulting from the failure of contractors to properly replace, repair, or correct supplies that are lost, damaged, or do not conform to purchase requirements. This role is specifically assigned to the contracting officer as part of their responsibilities in managing contracts and ensuring that contractors fulfill their obligations. The program manager, head of the contracting authority, and accounting and finance officer may have other roles and responsibilities related to the overall management of contracts and finances, but the specific responsibility for collecting debts in this situation lies with the contracting officer.

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  • 48. 

    For manufactured end products, the test to determine the country of origin under the Buy American Act is

    • A two-part test to define a foreign end product that is manufactured in a foreign country and the foreign cost of the components exceeds 50%

    • A two-part test to define a domestic end product

    • A two-part test to detennine both a foreign and domestic end product

    • A two-part test to define a domestic end product that is manufactured in the US and the domestic cost of the components exceeds 50%

    Correct Answer
    A. A two-part test to define a domestic end product that is manufactured in the US and the domestic cost of the components exceeds 50%
    Explanation
    The correct answer is a two-part test to define a domestic end product that is manufactured in the US and the domestic cost of the components exceeds 50%. This means that in order for a product to be considered domestic under the Buy American Act, it must be manufactured in the US and the majority of the components used in its production must also be domestically sourced, with the domestic cost of these components exceeding 50%. This test ensures that the product is truly made in America and supports domestic manufacturing.

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  • 49. 

    The methodologies contracting officers shall use in acquiring construction contracts and architect-engineer services, respectively are:

    • Negotiation and sealed bids

    • Sealed bids and negotiation

    • Negotiation and negotiation

    • Sealed bids and barter

    Correct Answer
    A. Sealed bids and negotiation
    Explanation
    The correct answer is sealed bids and negotiation. This means that when acquiring construction contracts, contracting officers should use sealed bids, where contractors submit their bids in sealed envelopes and the contract is awarded to the lowest bidder. For architect-engineer services, negotiation should be used, which involves discussions and negotiations with potential contractors to determine the best terms and conditions for the contract. This combination of sealed bids and negotiation allows for a competitive bidding process while also allowing flexibility in negotiating contracts for specialized services.

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Quiz Review Timeline (Updated): Mar 19, 2023 +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 19, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Aug 11, 2012
    Quiz Created by
    BLACKJACK777
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