Firm fixed price contract Study guides, Class notes & Summaries
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Fiscal Law Final Exam QUESTIONS AND ANSWERS RATED A+ 2023|2024 UPDATE
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Fiscal Law Final Exam QUESTIONS AND ANSWERS RATED 
A+ 2023|2024 UPDATE 
QUESTION 1 
1. It is appropriate for the Army to acquire lawn cutting services through 
the Project Order Statute. 
True 
False 
QUESTION 2 
1. The proper amount of money to obligate at the award of a firm fixed- 
price contract is: 
The full amount of the contract. 
Nothing until the contractor performs the required work. 
Half of the total liability. ...
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Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers,100% CORRECT
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Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers 
 
Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities 
 
CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads 
 
Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bus...
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CON 2370 Simplified Acquisition Procedures EXAM GRADED A LATEST 2023/2024
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CON 2370 Simplified Acquisition 
Procedures EXAM GRADED A LATEST 
2023/2024 
T01.E06 
You have a requirement for water restoration services at your base in Louisiana. 
Three services are of a type sold competitively in substantial quantities in the 
commercial marketplace base on market prices. The estimated dollar value of the 
acquisition is $1,250,000. 
Which of the following is true? - CORRECT ANSWER the use of simplified 
acquisition procedures is authorized. 
T03.E03a 
You are the co...
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CON 2370 Simplified Acquisition Procedures EXAM GRADED A LATEST 2023/2024
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CON 2370 Simplified Acquisition 
Procedures EXAM GRADED A LATEST 
2023/2024 
T01.E06 
You have a requirement for water restoration services at your base in Louisiana. 
Three services are of a type sold competitively in substantial quantities in the 
commercial marketplace base on market prices. The estimated dollar value of the 
acquisition is $1,250,000. 
Which of the following is true? - CORRECT ANSWER the use of simplified 
acquisition procedures is authorized. 
T03.E03a 
You are the co...
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Con 3910 Practice quizzes with 100% correct answers
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When is market research conducted during which phase of acquisition? correct answersAll phases of the acquisition 
 
What is the use of a procedure that is inconsistent with the far? correct answersDeviation 
 
Simplified acquisition procedure should? correct answersPromote competition to the maximum extent practical 
 
What is the tool (form) used by DOD to apply a structured profit/fee? correct answersDd 1547, WGL 
 
What type of contracts can be awarded when acquiring commercial items of supp...
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CON 2370 Simplified Acquisition Actual Exam Questions with 100% Correct Answers | 2023 Version | Professor Verified | Graded A+
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CON 2370 Simplified Acquisition Actual Exam Questions with 100% Correct Answers | 2023 Version | Professor Verified | Graded A+ 
1. You have a requirement for repair parts to support routine maintenance services 
at the shop on your base. The parts were developed using Government funds 
and are not offered to the general public. The estimated dollar value of the 
acquisition is $275,000. 
Which one of the following statements is true? -----Right Answer-----The use of 
simplified acquisition proc...
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CLC 056 exam Analyzing Contract Costs Exam (contains 55 questions) Answered
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CLC 056 exam Analyzing Contract Costs Exam (contains 55 questions) • Here is your test result.The dots represent the choices you have made. • The highlighted questions are the questions you have missed. • Remediation Accessed shows whether you accessed those links.'N' represents links not visited and 'Y' represents visited links. The offeror customarily treats similar costs as “other direct costs” under similar circumstances The proposed cost benefits only the proposed contract work Th...
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Contracting Officer Unlimited Warrant Board verified answers and questions 2023.
- Exam (elaborations) • 52 pages • 2023
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Contracting Officer Unlimited Warrant Board verified answers and questions 2023. 
 
 
 
 
 
 
 
 
 
What is an option? - correct answers.An option is a unilateral right in a contract, for a specific period of time, where the Government may elect to purchase additional supplies or services called for by the contract, or extend the period of performance. 
The PCO should use options when (1) in the Governments best interest, (2) there is a need for service beyond the initial period, and (3) to ensu...
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CON 2370 Simplified Acquisition Procedures Questions and Answers Already Passed
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CON 2370 Simplified Acquisition Procedures Questions and Answers Already Passed 
You are the contracting officer for a firm-fixed price supply contract valued at $195,400. Which one of the following statements about contract closeout is correct? The contract is considered closed once you receive evidence of receipt of property and final payment. 
Which of the following statements is true regarding the policies for the use of simplified acquisition procedures (SAP)? Purchases shall be made in the...
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Defense Acquisition University CON 170 MIDTERM EXAM Q&A.
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CON 170 Fundamentals of Cost and Price Analysis MIDTERM EXAM_2023. 
1. Which of the following statements most closely summarizes government pricing objectives? 
b. Acquire goods and services from responsible sources at fair and reasonable prices. 
2. As a contract specialist, you should be aware that: 
a) Different sellers in the same market may have different pricing objectives and approaches. 
b) Sellers in different markets often have different approaches to contract pricing. 
c) A single fir...
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CON 2370 Simplified Acquistion Procedures Exam Questions With Answers Latest Updated 2024 (GRADED)
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CON 2370 Simplified Acquistion Procedures Exam Questions With Answers Latest Updated 2024 (GRADED) Which one of the following statements is true regarding the policies for the use of 
simplified acquisition procedures (SAP)? - Answer Purchases shall be made in the 
simplified manner that is most suitable to the circumstances of the acquisition. 
Not - The use of SAP is authorized for all commercial acquisitions 
Not - The purpose of SAP is to improve opportunities for small businesses to obtain ...
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