Far Parts 1 - 5
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The questions in this quiz cover FAR Parts 1 - 5 and follow the material presented in the NCMA CFCM Study Guide.
- 1.Revisions to the FAR will be prepared and issued through the coordinated action of
- A.
The General Services Administration and FAR Secretariat
- B.
The Defense Acquisition Regulations Council and the Civilian Acquisition Council
- C.
The Defense Logistics Agency and the General Services Administration
- D.
The FAR Revisions Board and FAR Secretariat
- 2.___________ means that the costs in an offeror's proposal - (1) Are realistic for the work to be performed; (2) Reflect a clear understanding of the requirements; and (3) Are consistent with the various elements of the offeror’s technical proposal.
- A.
Cost reasonableness
- B.
Cost adequacy
- C.
Cost consistency
- D.
Cost realism
- 3."Source Selection Information" is information which is determined by the head of the agency or contracting officer
- A.
As necessary information to be included in a Solicitation in order for Offerors to to prepare responsive offers or quotations
- B.
To be publicly available background information on all Offerors which should be taken into consideration by the Source Selection Evaluation Board
- C.
That its disclosure would jeopardize the integrity or successful completion of the Federal agency procurement to which the information relates
- D.
be information the Source Selection Evaluation Board identified as critical deficiencies during the evaluation of unsuccessful Offerors solicitation responses
- 4.The antitrust laws are intended to
- A.
Ensure that markets operate competitively
- B.
Prevent members of the Acquisition Team from violating each others trust
- C.
Prevent contractors from establishing trusts as part of Executive Compensation
- D.
Deter subcontractors from making payments for the purpose of improperly rewarding favorable treatment
- 5.Contracting officers shall distribute copies of contracts or modifications within ________ days after execution by all parties
- A.
5 calendar days
- B.
10 calendar days
- C.
10 working days
- D.
15 working days
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