100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Contracting Exam #1-4 questions with Correct answers $13.99
Add to cart
Quickly navigate to
Preview
  2.  
  3. FAC-C - Federal Acquisition Certification In Contracting
  4.  
  5. FAC-C - Federal Acquisition Certification in Contracting

Exam (elaborations)

Contracting Exam #1-4 questions with Correct answers
 0 purchase
  • Course
  • FAC-C - Federal Acquisition Certification in Contracting
  • Institution
  • FAC-C - Federal Acquisition Certification In Contracting

The major categories of acquisition: Correct Answer-1. Supplies and equipment 2. Services 3. Construction 4. Research and Development What is the source of the Government's contracting powers? Correct Answer-Constitution The three major phases of contracting: Correct Answer-1. Contract Pla...

[Show more]

Preview 3 out of 23  pages

Document information

  • August 20, 2024
  • 23
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • contracting exam 1 4 questions with correct answe

Written for

  • FAC-C - Federal Acquisition Certification in Contracting
  • FAC-C - Federal Acquisition Certification in Contracting

Seller

avatar-seller
cracker

Reviews received

Content preview

Contracting Exam #1-4 questions with Correct
answers
The major categories of acquisition: Correct Answer-1. Supplies and
equipment
2. Services
3. Construction
4. Research and Development


What is the source of the Government's contracting powers? Correct
Answer-Constitution


The three major phases of contracting: Correct Answer-1. Contract
Planning (Working w/customer)
2. Contract Formation (Execution)
3. Contract Administration (Assessment)


What is conducted during Contract Planning? Correct Answer-1. Market
research
2. Planning for Competition
3. Describing agency needs


(Market Research, Commercial Items, Describing Agency Needs,
Competition, Contract Type, Special Contracting Methods,
Socioeconomic Programs, Special Terms & Conditions, Contractor
Qualifications, Financing)

,What is conducted during Contract Formation? Correct Answer-1.
Solicitation
2. Negotiation of contract terms
3. Prepare and award


(Publicizing Contract Actions, Sealed Bidding, Contracting by
Negotiation, Simplified Acquisition Procedures, Contract Pricing,
Emergency Acquisitions)


What is conducted during Contract Administration? Correct Answer-All
post award activities:


(Post-award Orientation, Contract Interpretation, Quality Assurance,
Payment, Modifications, Administration of Special Terms & Conditions,
Government Property, Delays, Disputes and Appeals, Terminations,
Closeout)


The types of KOs and their duties: Correct Answer-1. Procuring
Contracting Officer (PCO) -
KO primarily engaged in awarding contracts
2. Administrative Contracting Officer (ACO) -
Primarily engaged in administering contracts (Post Award)
3. Termination Contracting Officer (TCO) -
Primarily engaged in Terminating Contracts1.

, Contracting Officer is a person with the _____________ to enter into,
administer, and/or terminate contracts. Correct Answer-authority


Christian Doctrine Correct Answer-Legal rule providing that clauses
required by regulation to be included in government contracts will be
read into a contract whether or not physically included in the contract,
unless a property deviation from the regulations has been obtained.


Types of Contracting Authority: Correct Answer-1. Express
2. Implied
3. Apparent


What branch of government do we fall under? Correct Answer-
Executive


List some key success factors for effective team building? Correct
Answer-Leadership
Member Competency
Skill mix
Shared vision
Collaboration
Empowerment
Technology Support
Collocation

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller cracker. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

68560 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling

Recently viewed by you

Exam (elaborations) ·

(0)

NUR3128 Final Exam; Questions and Answers 100% Solved

Exam (elaborations) ·

(0)

OMIS 442 Exam 2 Questions With 100% Verified Answers

Exam (elaborations) ·

(0)

Insurance Regulation SC A+ Exam Questions & Answers
$13.99
  • (0)
Add to cart
Added