Book Quiz

Question 1

How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation?

Answer 1

Every 5 years

Question 2

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

Answer 2

determination and findings

Question 3

Contracting offices below the level of________ shall be selected and appointed.

Answer 3

a head of contracting activity

Question 4

According to the FAR conventions of subpart 1.1 each authority is delegable unless

Answer 4

specifically stated otherwise.

Question 5

When an imperative sentence directs action in the FAR, who is responsible for the action unless another party is expressly cited?

Answer 5

The contracting officer.

Question 6

Unauthorized commitments are agreements. that are NOT binding solely because

Answer 6

The government representative who made the agreement lacked the authority to enter into it .

Question 7

The simplified acquisition threshold for any contract in support of contingency operations to be awarded and performed, or purchased to be made, outside the U.S. is

Answer 7

1.5 million

Question 8

What is a commercial item?

Answer 8

A nondevelopmental item, if the procuring determines the item was developed exclusively at private expense and sold in substantial quantities on a competitive basis to multiple state and local governments.

Question 9

Consolidating 2 or more requirements for supplies or services, previously provided or performed under separate smaller contracts, into a solicitation for a single contract that is likely to be unsuitable for award to a small business concern is

Answer 9

bundling

Question 10

Blanket purchase agreements and imprest funds are included in the definition of a

Answer 10

Contract

Question 11

The government can minimize the opportunity of buying in by

Answer 11

multiyear contracting, priced options, and amortization of noncurring costs

Question 12

A contractor’s arrangements to pay contingent fees for soliciting government contracts have long been considered contrary to public policy because

Answer 12

they may lead to exercise to unproper use

Question 13

Compensation of any kind to a prime contractor, subcontractor etc.. is a

Answer 13

kickback

Question 14

A contract with a corporation shall be signed in the corporate name, followed by the word “by”, and the signature of the person authorized by the corporation. True or False?

Answer 14

True

Question 15

Contractors must retain all records pertaining to a government for a minimum of

Answer 15

3 years from the date of the final payment unless otherwise specified

Question 16

Contractors’ representation and certifications are submitted through the system of

Answer 16

Award Management

Question 17

Agencies must submit OMB guidelines. for personal identity verification when

Answer 17

Contractors have routine physical access to enter a federally controlled facility or information system.

Question 18

Under the Prohibition on Contracting for Certain Telecommunications and Video Surveillance extending an existing contract that contains covered telecommunication equipment is not prohibited. True or False

Answer 18

True

Question 19

What is the dollar threshold for public announcement of contract awards?

Answer 19

$4,500,000

Question 20

Acceptable methods for disseminating information on proposed contract actions include

Answer 20

announcements in magazines at no cost,

Question 21

What is the minium response time for receipt of bids or proposals for noncommercial item solititations?

Answer 21

30 days from the date of publication of a proper notice of intent to contract

Question 22

The contracting officier may use competitive proposals in leui of sealed bids if

Answer 22

if it is neccesary to conduct discussions

Question 23

The contracting officer’s certification can serve as approval of the justification for other than full and open competition for a contract NOT exceeding $

Answer 23

$75,000

Question 24

FAR part 6, Competition Requirements applies to

Answer 24

A 1-million-dollar contract for services

Question 25

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

Answer 25

competition advocate

Question 26

Acquistion planning should begin

Answer 26

as soon as the agency need is identified.

Question 27

The specific content of acquisition plans will vary, and are influenced primarily by which factors?

Answer 27

the nature, circumstances and the stage of the acquisition.

Question 28

Market research may indicate that bundling is necessary and justified if

Answer 28

the government would derive measurable substantial benefits.

Question 29

The Federal Supply Schedule 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

Answer 29

General Service Administration

Question 30

Which of the following is the name of GSA’s electronic systems that allows ordering activities to post requirements, obtain quotes, and issue orders electronically.
A. GSAADVANTAGE!
B.USA SmartPay
C. e-buy
D. Customer Supply Center

Answer 30

C. e-buy

Question 31

In the event that the Federal Prison Industries (FPI) and nonprofit agencies participating in the AbilityOne Program produce identical services, the ordering offices shall purchase services from the following sources based on priority.
A. AbilityOne participating non-profit agencies.
B. Federal Prision Industries, Inc
C. Commercial sources
D. Federal Supply Schedule

Answer 31

A. AbilityOne participating non-profit agencies.

Question 32

Normally, testing and approval is appropriate in contracts for

Answer 32

Products requiring an approved first article to serve as a manufacturing standard.

Question 33

A qualification requirement is a government requirement for

Answer 33

testing or quality assurance demonstration that must be completed before award.

Question 34

The names and addresses of all contractors may be found at the

Answer 34

System for Award Management Exclusions.

Question 35

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

Answer 35

the extent to which the commercial items or nondevelopment items could satisfy the need.

Question 36

If market research indicates that neither commercial item or nondevelopment items are available to satisfy agency needs agencies :

Answer 36

must reevaluate the need and determine whether it can be restated to permit commercial or non-developmental items to satisfy them.

Question 37

Within the timeframe may previously conducted market research be used before the award of a task or delivery order?

Answer 37

Within 18 months, if the information is still current, accurate and relevant.

Question 38

Contact delivery or performance schedules may be expressed by
A. the means determined by the requiring activity.
B. the specific number of days from the date of the contract.
C. the specific time for delivery after receipt by the buyer of each order under the contract.
D. any means the contractor specified in its bid or proposal.

Answer 38

B. the specific number of days from the date of the contract.

Question 39

To the maximum extent practicable, acquisition officials should state all of the following requirements with respect to an acquisition of supplies or services, with the exception of
A. functions to be performed.
B. performance required.
C. essential physical characteristics.
D. preference for commercial or nondevelopment items.

Answer 39

D. preference for commercial or nondevelopment items.

Question 40

A contractor is awarded for separate contracts on the same day. One contract is rated “DO” and has a final delivery date (FFD) in 60 days. Another contract is rated “DX” and has a FDD in 40 days. Another contract is rated “DO” and has a FDD in 10 days. the fourth contract is unrated and has a FDD in 15 days. What is the order of priority on the contract?

Answer 40

The “DX” contract (40-day FDD) followed by the “DO” contracts that have equal priority (10 day and 60-day FDD) followed by the unrated contract (15-day FDD)

Question 41

Contracting activities shall employ simplified acquisition procedures to the maximum extent practicable for acquisitions of commercial items not exceeding
A. $1,000,000
B. $650,000
C. $7,500,000
D. $3,500,000

Answer 41

C. $7,500,000

Question 42

Unless otherwise provided, agencies shall use which of the following contact type(s) for the acquisition of commercial items?
A. Any type of contract
B. Fixed-price contract with prospective price redetermination.
C. Firm-fixed-price of fixed -price with economic adjustment contracts
D. Cost-plus-incentive fee contracts only

Answer 42

C. Firm-fixed-price of fixed -price with economic adjustment contract

Question 43

Cost Accounting Standards
A. Apply to all acquisitions for commercial items.
B. apply only to commercial acquisitions from large businesses.
C. never applies to commercial acquisitions.
D. do not apply to contracts and subcontracts for commercial acquisitions unless the contract provides for an economic price adjustment based on actual cost accrued.

Answer 43

D. do not apply to contracts and subcontracts for commercial acquisitions unless the contract provides for an economic price adjustment based on actual cost accrued.

Question 44

When acquiring commercial items, the contracting officer
A. is not required to establish price reasonableness.
B. can accept the commercial standard for price reasonableness.
C. must establish price reasonableness in accordance with FAR 13.106-3, etc
D. must establish price reasonableness in accordance with commercial practices.

Answer 44

C. must establish price reasonableness in accordance with FAR 13.106-3, etc

Question 45

A system whereby the contracting officer receives authorization from a fiscal and accounting officer to obligate funds on purchase documents against a specified lump sum of funds reserved for a specific time rather than obtaining individual obligation authority on each document is
A. a blanket purchase agreement
B. a long lead funding
C. bulk funding
D. a charge account

Answer 45

C. bulk funding