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FAC-C EXAM LATEST / FAC-C FEDERAL ACQUISITION CERTIFICATION IN CONTRACTING EXAM PREP TEST BANK WITH 250 REAL EXAM QUESTIONS AND CORRECT ANSWERS (100% CORRECT VERIFIED ANSWERS)$26.99
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FAC-C / FEDERAL ACQUISITION CERTIFICATION IN CONTR
FAC-C / FEDERAL ACQUISITION CERTIFICATION IN CONTR
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FAC-C EXAM LATEST / FAC-C FEDERAL ACQUISITION CERTIFICATION IN CONTRACTING EXAM PREP TEST BANK WITH 250 REAL EXAM QUESTIONS AND CORRECT ANSWERS (100% CORRECT VERIFIED ANSWERS)
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FAC-C / FEDERAL ACQUISITION CERTIFICATION IN CONTR
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FAC-C / FEDERAL ACQUISITION CERTIFICATION IN CONTR
FAC-C EXAM LATEST / FAC-C FEDERAL ACQUISITION CERTIFICATION IN CONTRACTING EXAM PREP TEST BANK WITH 250 REAL EXAM QUESTIONS AND CORRECT ANSWERS (100% CORRECT VERIFIED ANSWERS)
FAC-C EXAM LATEST 2024-2025/ FAC-C
FEDERAL ACQUISITION CERTIFICATION
IN CONTRACTING EXAM PREP TEST BANK
WITH 250 REAL EXAM QUESTIONS AND
CORRECT ANSWERS (100% CORRECT
VERIFIED ANSWERS)
The vision of the Federal Acquisition System consists of: (select 2)
Acquisition process participants should work together as a team, but decision-
making should be at a higher level.
Deliver on a timely basis the best-value products and services to the customer.
Maintain the public's trust and fulfill public policy objectives. - ANSWER-Deliver
on a timely basis the best-value products and services to the customer and maintain
the public's trust and fulfill public policy objectives are the correct answers.
Contracting Life-cycle costs consist of the following (select 4):
Acquisition costs
Supporting costs
Entertainment costs
Disposal costs
pg. 1
,Operating costs - ANSWER-Acquisition costs, supporting costs, disposal costs,
and operating costs are the correct answers.
Openness for the contracting officer applies primarily to? (Select all that apply)
The Acquisition Team
Contractors
Offerors
The Contracting Team - ANSWER-The Acquisition Team, Contractors, Offerors
and The Contracting Team are the correct answers.
True or False
Federal employees are prohibited from soliciting or accepting gifts offered
"because of the employee's official position" or gifts offered by a "prohibited
source." - ANSWER-True
You need to document a business decision, such as the use of a specific contract
type. What document will you create?
A Justification and Approval
A Determination and Findings
A Memorandum for Record
pg. 2
,A Statement of Fact - ANSWER-A Determination and Findings is the correct
answer.
At the conclusion of negotiations, the contracting officer will complete a?
Prior to negotiating a sole source contract, the contracting officer must complete a:
Negotiation Completion Memorandum
Price Objective Memorandum
Price Negotiation Memorandum
Justification and Approval
- A Price Negotiation Memorandum is the correct answer.
True or False:
Government business shall be conducted in a manner that is above reproach, with
complete impartiality, and with preferential treatment for none. - ANSWER-True
True or False:
No person or other entity may disclose contractor bid or proposal information or
source selection information to any person other than a person authorized, in
accordance with applicable agency regulations or procedures, by the agency head
or the contracting officer to receive such information. - ANSWER-True
pg. 3
, The Anti-Kickback Act of 1986 prohibits any person from- (select all that apply)
Providing, attempting to provide, or offering to provide any kickback
Accepting a gift of over $100 throughout the course of a calendar year.
Soliciting, accepting, or attempting to accept any kickback
Including, directly or indirectly, the amount of any kickback in the contract price
charged by a subcontractor to a prime contractor or a higher tier subcontractor or in
the contract price charged by a prime contractor to the United States. - ANSWER-
Providing, attempting to provide, or offering to provide any kickback, Soliciting,
accepting, or attempting to accept any kickback and Including, directly or
indirectly, the amount of any kickback in the contract price charged by a
subcontractor to a prime contractor or a higher tier subcontractor or in the contract
price charged by a prime contractor to the United States are the correct selections.
Who develops a solicitation? (Select all that are correct)
The Government
The offeror
The seller
The buyer - ANSWER-The Government and The buyer are the correct answers.
Who prepares an offer? (Select all that is correct)
pg. 4
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