Practice Quiz 1 Flashcards by kekila keuma

Market research is conducted during which phase of acquisition?

All phases of the acquisition

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What is the use of a procedure that is inconsistent with the FAR?

Deviation

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Simplified Acquisition Procedures (SAP) should:

Promote competition to the maximum extent practicable

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What is the tool (form) used by DOD to apply a structured profit/fee?

DD Form 1547, Weighted Guidelines Method

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What type(s) of contracts can be awarded when acquiring commercial items of supply?

Only firm-fixed-price contracts or fixed-price contracts with economic price adjustments

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When using invitations for bids (IFBs), what type(s) of contracts can be awarded?

Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment

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Which of the following is correct regarding the DFARS Procedures Guidance and Information (PGI)?

The DFARS PGI is a companion resource to the DFARS

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Which of the following statements is accurate regarding the Government’s policy on contract modifications?

Only contracting officers acting within the scope of their authority are authorized to execute contract modifications on behalf of the Government

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Which of the following is accurate about unilateral modifications?

Are only signed by a Government contracting officer, not the contractor

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Except when authorized otherwise, a Government contract:

Must be in writing

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Which is NOT a type of contracting officer?

Executive contracting officer

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With respect to the requirements of law, executive orders, regulations, and all other applicable procedures, prior to signing a contract, a contracting officer must:

Ensure that each has been met

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Joan stated that she was working on selecting solicitation provisions. With this in mind, you know the contract:

Has not been awarded

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A program manager asked John whether a contract clause is only used in the contract or if it applies to the solicitation as well. John correctly answered by replying with which of the following statements?

A contract clause is a term or condition used in contracts, or in both solicitations and contracts, that applies after contract award or both before and after award

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A contractor failed to deliver a commercial item within the time specified by the contract. As the Government contracting officer, you plan to terminate the contract. What type of termination would you proceed with?

Termination for Cause

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Termination for Cause

FAR part 1

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Which of the following statements best conveys the convention at FAR 1.108(b), delegation of authority?

Each authority is delegable unless specifically stated otherwise

How many parts are there in the FAR?

What is a Procurement Instrument Identifier (PIID)?

A unique number identifying each solicitation, contract, agreement, or order and related procurement instrument

The DoD Procurement Instrument Identifier (PIID) is 13 positions long. Position 9 identifies the type of instrument. If position 9 is a “D”, which of the following types of instruments is representative?

Indefinite-delivery contracts to include IDIQs and requirements contracts

You are reviewing a contract that utilizes the uniform contract format. In Section J you see an exhibit. How will the exhibit be displayed?

With one or two alpha characters (e.g., Exhibit AA)

Your customer comes to you anticipating a new requirement, one that has not been purchased recently. You’d like to refer them to the FAR part dealing specifically with market research. Which FAR part do you refer them to?

FAR part 10

Of the following types of contracts, which shall not be used in Government contracting?

Cost-plus-a-percentage-of-cost

When can a time-and-materials (T&M) contract be used?

A T&M contract may be used only when it is not possible at the time of placing the contract to estimate accurately the extent or duration of the work or to anticipate costs

What underlying principle should the contracting officer follow to avoid organizational conflicts of interest?

Prevent unfair competitive advantage

Terms that address specific types of exchanges with offerors after receipt of proposals include:

Communications, discussions, and clarifications

With limited exceptions as authorized by agency regulations, what does the FAR say about Government employees soliciting and accepting gifts from contractors? Government employees:

May not solicit or accept gifts

What is the general guidance provided by the FAR for contractor bid or proposal information?

It may not be disclosed to anyone unless they are authorized to receive it

With few exceptions, which one of the following statements is true regarding awarding contracts to U.S. Government employees?

A contracting officer shall not knowingly award a contract to a Government employee

Which of the following would represent, or potentially represent, an organizational conflict of interest (OCI)?

An engineering support contractor (contractor A) is hired to assist in the development of Government specifications for a new requirement. Contractor A writes the specifications in such a way as to require the Government’s use of contractor A’s proprietary processes even though there are other solutions.

Which term means the total cost to the Government of acquiring, operating, supporting, and (if applicable) disposing of the items being acquired?

Life-cycle costs

Which of the following reflects market research policy? Market research:

Aids in determining if sources capable of satisfying the agency’s requirements exist

Which section of the uniform contract format (UCF) exists to include negotiated, meaningful special contract requirements that are not included in Section I, Contract clauses, or in other sections of the UCF?

Section H

Who is the individual designated and authorized in writing by the contracting officer to perform specific technical or administrative functions?

Contracting officer's representative

Which of the following statements is accurate regarding Acquisition Teams?

The Acquisition Team includes representatives of the technical, supply, and procurement communities, the customers they serve, and the contractors who provide the products and services.

Select the statement that is NOT conducive toward forming a cohesive team.

The Government should foster an "arm’s length" approach for an effective relationship.

The authority of a contracting officer's representative (COR) shall be:

Designated in writing, with a copy given to the contractor and contract administration office

Which event is meant to aid both the Government and contractor personnel to 1) achieve a clear and mutual understanding of all contract requirements, and (2) identify and resolve potential problems after contract award?

Postaward orientation conference

Where in the FAR can you find guidance on how to establish, maintain, and dispose of Government contract files?

FAR part 4

In a Determination and Findings, the findings are:

Support for the determination

In briefing prenegotiation objectives for approval, contracting officers should ensure their briefing slides are:

Simple and concise

Which of the following is an accounting or financial term when addressing contractual funding issues?

Fiscal