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!
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
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Ratification
Determination and Findings
Contracting Officer's Final Decision
Waiver
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Combining
Consolidating
Bundling
Mixing
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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
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Verification
Clarification
Discussion
Remuneration
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Commerce Department
Executive Department
General Services Administration
Defense Logistics Agency
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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
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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
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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
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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
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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
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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
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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
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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
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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
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Program manager
Contracting officer
Acquisition manager
R&D Chief
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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
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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
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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
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Part II - Contract Clauses
Part IV- Representations and Instructions
Part I- Schedule
Part Ill- Attachments
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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
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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
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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
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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
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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
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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
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Technical analysis
Price analysis
Field pricing support analysis
Informal analysis
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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
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Competition Advocate
Head of the Contracting Activity
Small Business Office
Contract administrator
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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
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Multi-year
Successive
Modular
Alpha
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JWOD participating nonprofit agencies
FederalPrison Industries, Inc.
Commercial sources
Federal Supply Schedule
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Non-appropriated fund
General fund
Lmprest fund
Administrative Commitment Document
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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
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Answering industry's questions
Amending an ambiguous IFB
Explaining requirements
Conducting market research
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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
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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
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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
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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"
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Contract carrier
Universal carrier
Common carrier
Commercial carrier
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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
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Exists at the time of acceptance
Cannot be discovered by a reasonable inspection
Botha&b
Is discovered by the contractor's quality inspector
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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
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Government-furnisned property
Contractor-acquired property
Surplus property
Both a & b
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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
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Program Manager
Contracting Officer
Head of the Contracting Authority
Accounting and Finance Officer
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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%
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Negotiation and sealed bids
Sealed bids and negotiation
Negotiation and negotiation
Sealed bids and barter
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