1. NCMA (FAR 1,2,3,4,23,24,25)

Question 1

What law specifies how agencies shall make their records available upon public request, imposes strict time standards for agency responses, and exempts certain records from public disclosure?

Answer 1

Freedom of information act (FOIA)
FAR 24.203(a)

Question 2

Best value means

Answer 2

The expected outcome of an acquisition that, in the government’s estimation, provides the greatest overall benefit in response to the requirement. FAR 2.101

Question 3

Not a condition under which an unauthorized commitment may be ratified?

Answer 3

The unauthorized commitment is under the simplified acquisition threshold. FAR 1.602-3(c)

Question 4

A special form of written approval by an authorized official that is required by statute or regulation as a prerequisite of taking certain contract actions?

Answer 4

Determination and Findings (D&F). FAR 1.701

Question 5

The Federal Acquisition Regulations system was established for the codification and publication of uniform policies and procedures for

Answer 5

All executive agencies. FAR 1.101

Question 6

Describes an “unauthorized commitment

Answer 6

An agreement which is not binding solely because the government representative who made it lacked the authority to enter into that agreement. FAR 1.602-3(a):

Question 7

Revisions to the FAR will be prepared and issued through the coordinated action of:

Answer 7

The Defense Acquisition Regulations Council and the Civilian Acquisition Council. FAR 1.201-1

Question 8

How to read FAR citation 15.506(a)

Answer 8

15 is the part, 5 is the subpart, 06 is the section, and a is the paragraph. FAR 1.105-2

Question 9

Contractors must retain all records pertaining to a government contract for a minimum of ____________ from the date final payment is made under the contract.

Answer 9

(3) Three years. FAR 4.7

Question 10

The federal government shall use electronic commerce:

Answer 10

Whenever it is practicable or cost-effective. FAR 4.5

Question 11

Describe Buying-In

Answer 11

Submitting an offer below anticipated costs to receive follow-on contracts at artificially high prices. FAR 3.5

Question 12

The Kickbacks statute forbids a subcontractor from doing what?

Answer 12

Making a payment for the purpose of obtaining favorable treatment in connection with a prime contract or a subcontract relating to a prime contract. FAR 3.502-2

Question 13

Which of the following is not considered an offer?

Answer 13

A response to a request for quotations. FAR 2.101

Question 14

This term refers to consolidating two or more requirements for supplies or services previously provided or performed under separate or small contracts into a solicitation for a single contract that is likely to be unsuitable for award to a small business concern.

Answer 14

Bundling. FAR 2.101

Question 15

Which of the following is not one of the contracting officer’s authorities and responsibilities?

Answer 15

To obtain the lowest price on behalf of the government. FAR 1.6

Question 16

The FAR is prepared, issued, and maintained by:

Answer 16

The Secretary of Defense, the Administrator of General Services, and the Administrator of the National Aeronautics and Space Administration. FAR 1.103.

Question 17

Which of the following is not considered a contract?

Answer 17

A grant or cooperative agreement. FAR 2.101

Question 18

A prospective contractor would be obligated to register in the System for Award Management database prior to contract award in which of the following cases?

Answer 18

A micro purchase using the electronic funds transfer method for payment. FAR 4.1102

Question 19

What is the federal policy on standards of conduct?

Answer 19

The general rule is to avoid strictly any conflict of interest or even the appearance of a conflict of interest in government-contract relationships. FAR 3.101-1