Project #76119 - Federal Acquisition Regulation Contracting

1)  Which element of a contract requires that the use of language that both parties find sufficiently clear to the point that the courts would conclude that the contractual agreement was a meeting of the minds?
 
 
   Forms provided by law
   Competency
   Mutual assent
   Certainty of terms
 
2)  FAR 36.602-1 provides guidance on the selection criteria for Architect-Engineering Services. DFARS 236.602-1 has additional guidance for the DOD and further directs the use of the procedures at PGI 236.602-1 (a). DFARS 236.602-70 addresses the Restriction on award of overseas architect-engineer contracts to foreign firms. In accordance with DFARS 201.303, it can be said that DFARS 236.602-1 _________________ the FAR, and DFARS 236.602-70 _____________ the FAR.
 
 
   implements, implements
   supplements, implements
   complements, implements
   implements, supplements
 
3)  The official issuance of a contract clause or provision that is inconsistent with a governing regulation is called a deviation.
 
 
   True
   False
 
4)  Outlays are monies transferred, either from the U.S. Treasury or other agencies like the Defense Finance and Accounting Service (DFAS), to the contractor.
 
 
   True
   False
 
5)  Which branch of government is directly responsible for rendering impartial decisions on contract disputes?
 
 
   Executive
   Presidential
   Legislative
   Judicial
 
6)  Which of the following are existing contracting rules that were derived from common law?
 
 
   Requirements for a common language
   Requirements for a common currency
   Requirements for an offer and termination
   Requirements for an offer and acceptance
 
7)  Which of the following sources of procurement law is an Act of Congress codified under general topics in the United States Code?
 
 
   Executive order
   Agency Supplements
   Regulation
   Statute
 
8)  The Defense Contract Audit Agency (DCAA) conducts regular audits of contractors to ensure compliance with contract and financial management processes, to include cost accounting and invoicing.
 
 
   True
   False
 
9)  Given the DFARS citation 209.602-2, which of the following is NOT correct regarding the citation? Refer to FAR 1.105-2 ‘Arrangement of Regulations’ for more information.
 
 
   The section is represented by the “02”
   The DFARS Part is 209
   The DFARS Subpart is 209.6
   The DFARS Part is 9
 
10)  Which of the following is a forum an interested party can file a protest?
 
 
   General Services Administration (GSA)
   Office of Federal Procurement Policy (OFPP)
   Government Accountability Office (GAO)
   DoD Inspector General (DoD IG)
 
11)  As a DoD contracting specialist, you made a verbal agreement with one of your contractors that you had no authority to make. The action was completed and valued at $2,000. Which of the following is true?
 
 
   The action doesn’t need to be ratified since it is under the micro-purchase threshold.
   You created an unauthorized commitment.
   You did not violate your authority.
 
12)  Once a Department of Defense Inspector General (DoD IG) conducts an audit or investigation, what can you expect from the DoD IG?
 
 
   New policies
   Report of findings
   Congressional directives
   Acquisition laws
 
13)  According to the Joint Ethics Regulations (JER), what is accountability?
 
 
   Pursuing justice while maintaining discretion
   Accepting responsibility for your actions
   Ensuring everyone is treated fairly
   Striving for excellence in all you do
 
14)  If you constantly receive reports from your contractor that have cost errors, you should view this as a sign of a possible fraud.
 
 
   True
   False
 
15)  Under the Contract Disputes Act (CDA), both the contractor and government parties are permitted to submit claims against each other.
 
 
   True
   False
 
16)  The implementation of e-Business systems into e-Government has significantly improved the acquisition process with benefits that outweigh the many challenges.
 
 
   True
   False
 
17)  One of the benefits of the Standard Procurement System (SPS) is to standardize procurement processes for DoD.
 
 
   True
   False
 
18)  The U.S. Constitution provides the authority for procurement on behalf of the government under Article 1, Section 8.
 
 
   True
   False
 
19)  How has DoD used the Business Enterprise Priorities under the Business Management Modernization Program (BMMP) to transform itself?
 
 
   Ensuring management programs continue as they are
   Writing laws that support better acquisition
   Providing immediate access to accurate financial information
 
20)  Which one of the following does the Anti-Deficiency Act specifically prohibit?
 
 
   Spending less money than provided
   Spending more money than provided
   Spending money from the wrong appropriation
   Spending money designated for one fiscal year for an item needed in another fiscal year
 
21)  The On-Line Representations and Certifications (ORCA) system is the primary registrant database for the Federal Government to disseminate contractor past performance data in support of agency acquisition missions.
 
 
   True
   False
 
22)  According to the Code of Ethics for Federal Government Service, as a contracting officer, you may use information gained confidentially in the performance of your government duties to make a profit as long as you do not conduct your private business in a Government facility.
 
 
   True
   False
 
23)  Refer to FAR Subpart 52.3, Provision and Clause Matrix, when answering this question. As a contract specialist, you have a new Purchase Request (PR) that requires a Gratuities clause. Which one of the following is correct in regards to Gratuities FAR reference?
 
 
   It is “Required” in a Commercial Item (CI) contract.
   It would be located in Section A of the Uniform Contract Format (UCF).
   The prescribing reference is FAR 3.202 and clause reference is 52.203-3.
   It cannot be Incorporated by Reference (IBR).
 
24)  If a change to the FAR is issued, the change affects those contracts issued after the effective date of the change.
 
 
   True
   False

 

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Due By (Pacific Time) 07/17/2015 12:00 am
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