Exam 1 (Contains 15 Questions)
Exam 1 (Contains 15 Questions)
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1.) What is one way the private sector and the public sector differ in doing
business?
The private sector is governed by public policy objectives issued by the President.
The public sector's goal is to ensure the organization makes maximum profit.
Financing
Production
3.) The primary regulation used by all federal executive agencies in their
acquisition of supplies and services with appropriated funds is the Federal
Acquisition Regulation (FAR).
True
False
4.) Which is NOT a mission for DoD contracting?
Manufacturing helicopters
Paper replenishment
Grass cutting
True
False
Share resources
Allocate time
8.) Which of the following team processes is NOT a key success factor in
building effective teams?
Implementation
Problem solving
Innovation
Initiation
Decision making
Questioner
Fixer
Networker
Harmonizer
10.) Coaching involves giving effective feedback, focusing on the positive, and
providing clear goals.
True
False
11.) Which of the following is a key step in problem solving?
13.) As a contract specialist, you are faced with the decision to choose a smart
business arrangement for a complex research and development contract. You
need to apply a process that allows you to describe the problem in very specific
terms and incorporate that into the solicitation. You need to ask specific
questions that go many levels down to the root cause and involve all members.
The cause and effect problem solving tool would be effective in this situation.
True
False
14.) As the leader of your team, you know that others look to you for guidance.
You strive to present yourself professionally. You hope others take note of how
you interact with others. What leadership principle are you following?
Set the example.
Seek self-improvement.
Be technically proficient
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True
False
3.) Which Acquisition Team member plans, organizes, directs and controls the
monetary resources of a program?
Contracting officer
Financial manager
Auditor
5.) As a contract specialist, you are faced with the decision to choose a smart
business arrangement for an urgent, high-dollar value item that no one has ever
purchased before in your office. Of the actions listed, which is the first action
you should take solve this problem?
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1.) Which one of the following items can be categorized as being procured from
a "supply" contract?
Computer training
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True
False
2.) Which of the following is NOT an ethical value as described by the Joint Ethics
Regulations?
Fairness
Community
Loyalty
Caring
The private sector can use its budget to fund specific government projects.
6.) Which action by a contracting officer violates the Bona-fide Need Rule?
Spending fiscal year 2015 monies before the federal budget is approved
Using fiscal year 2014 funds to purchase computer software for 2016
Breach of contract
Hit-and-run accident
Theft trial
Murder
9.) As the head of the Executive Branch, the
[Identify the role of
President is responsible for managing [Remediation
contract law in federal
contracting operations by issuing a variety of government.] Accessed: Y]
directives to include all of the following except
10.) Regulations can contain procedural or policy guidance for a particular agency.
True
False
11.) As a DoD contract specialist, you made a non-binding agreement with one of your
contractors, because you lacked the authority to enter into that agreement on behalf of
the government. Which of the following is true?
Lawful purpose
Competency
Mutual assent
Certainty of terms
13.) You are the contracting officer and your agency receives a protest. What actions
must you take once you receive the protest? (Select all that apply).
Identify the basis for the protest from the interested party
14.) As a DoD contract specialist, you receive a phone call from one of your construction
contractors regarding a disagreement about the source of a delay. The contractor’s
position is that the delay was unavoidable. You and the contracting officer both agree
that the delay was avoidable and caused by the contractor. Despite several attempts to
resolve the disagreement, no solution could be reached. Which of the following should
be your next course of action to resolve this matter?
17.) Which system provides the tools for official contract announcement information?
FedBizOpps (FBO)
Statutory
Warrant
Blanket
Constitutional
True
False
True
False
The general policy will supersede any possible conflicts with the specific policy.
The specific policy will supersede any possible conflicts with the general policy.
True
False
Exam 2 (contains 8 questions)
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1.) The incumbent vendor for an upcoming contract renewal has a well-
established record of effective, efficient and quality performance. You have a
meaningful business relationship and believe that this vendor is the most
capable of meeting the customer's need. However, you are concerned that
several new companies have a competitive advantage over the incumbent. You
really want the incumbent to win the follow-on contract. What should you do?
Recommend that the incumbent vendor make their price more attractive to the customer.
Do nothing. You should not give preference to any contractor when making contracting
decisions.
Suggest that the incumbent vendor provide additional services at reduced cost to make
2.) One of the tasks performed by the Government Accountability Office (GAO)
is to investigate how the federal government implements directives and
policies.
True
False
The funds are "current" and are available for any use.
The funds have "expired" and are not available for this claim settlement.
The funds are "cancelled" and are not available for this claim settlement.
The funds are "expired" and can be used for this claim.
4.) Which branch of government has implied power to impact the contracting
process by passing appropriation acts?
Legislative
Presidential
Judicial
Executive
Consideration
Lawful purpose
Mutual assent
Competency
True
False
Individual Deviation
Individual Waiver
Standard Deviation
Class Deviation
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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?
Competency
Certainty of terms
Mutual assent
True
False
3.) The contracting professional, regardless if they have a warrant or not, can
sign up for automatic notifications of proposed and final changes to the FAR?
True
False
Modification
Waiver
Change Order
Fals
y
Fairnes
s
Carin
g
Loyalt
deliveries
Potential defective
pricing
Unauthorized product
substitution
Errors in fast payment
statements
Fals
e
5) Outlays are monies transferred, either from the U.S. Treasury or other
agencies like the Defense Finance and Accounting Service (DFAS), to the
contractor. [Identify the different types of appropriations including their purpose and time period
in which funds must be obligated.]
True
Fals
Fals
Fals
e
True
decisions.
Office of Management and Budget (OMB)
Circulars.
Office of Federal Procurement Policy Letters
(OFPP).
Presidential Executive
Orders.
10) Which one of the following is NOT a procurement public policy source?
[Identify the sources of procurement law.]
Alternative dispute resolution
decisions
Executive
orders
Regulation
s
Judicial
decisions
Statute
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? [Identify
contracting authority.]
You created an unauthorized
commitment.
The action doesn't need to be ratified since it is under the micro-
purchase threshold.
You did not violate your
authority.
precedence
Mutual
assent
Lawful
Purpose
13) You are the contracting officer and your agency receives a protest. What
actions must you take once you receive the protest? (Select all that apply).
[Identify the contract protest process.]
Determine if the interested party submitted the protest in a
timely manner
Identify the basis for the protest from the
interested party
Persuade the interested to withdraw the
protest
Inform the interested party to file the protest in
another venue
14) Under the Contract Disputes Act (CDA), both the contractor and
government parties are permitted to submit claims against each other.
[Identify three possible contract law issues during contract performance.]
True
Fals
15) How has DoD used the Business Enterprise Priorities under the Business
Management Modernization Program (BMMP) to transform itself? [Identify e-
business, e-government, and DoD Business Enterprise.]
Providing immediate access to accurate financial
information
Writing laws that support better
acquisition
Ensuring management programs continue as
they are
(WAWF-RA).
Electronic Document Access
(EDA)
Defense Acquisition Management Information Retrieval
(DAMIR)
Standard Procurement System
(SPS)
acquisition.
initiated in DoD to transform acquisition through the use of e-
business.
in the private sector used to maximize profits from
acquisitions.
which allows the government and industry to share common acquisition
functions.
e
True
19) As a DoD contract specialist, you have a new Purchase Request (PR) that
requires a legal review before you can proceed. The PR needs to clarify an
item found in the Code of Federal Regulations (CFR). This is an example of
which type of procurement authority? [Recognize the constitutional and statutory
authority for procurement.]
Statutor
y
Constitution
al
Blanke
t
Warran
e
True
clause.
It was an oversight and the contracting officer forgot to add it to the
contract.
It is covered under the Christian Doctrine because the doctrine covers
all clauses.
It is a valid requirement form the customer therefore you can add
the clause.
22) When determining whether the award dollar value is within or exceeds a
Contracting Officer's warrant, Simplified Acquisition Threshold (SAT), or
other similar threshold, Dollar Thresholds include all options. [Identify the FAR
conventions, including the basic tenets of statutory and regulatory construction] [Remediation
Accessed :N]
True
Fals
r
Change
Order
Modificatio
n
Determination and
Findings