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FAC-C PROCTORED EXAM 2024 WITH ACTUAL CORRECT QUESTIONS AND VERIFIED DETAILED ANSWERS |FREQUENTLY TESTED QUESTIONS AND SOLUTIONS |ALREADY GRADED A+|NEWEST|GUARANTEED PASS |LATEST UPDATE $20.49   Add to cart

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FAC-C PROCTORED EXAM 2024 WITH ACTUAL CORRECT QUESTIONS AND VERIFIED DETAILED ANSWERS |FREQUENTLY TESTED QUESTIONS AND SOLUTIONS |ALREADY GRADED A+|NEWEST|GUARANTEED PASS |LATEST UPDATE

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FAC-C PROCTORED EXAM 2024 WITH ACTUAL CORRECT QUESTIONS AND VERIFIED DETAILED ANSWERS |FREQUENTLY TESTED QUESTIONS AND SOLUTIONS |ALREADY GRADED A+|NEWEST|GUARANTEED PASS |LATEST UPDATE

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  • July 16, 2024
  • 32
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • FAC-C
  • FAC-C
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chokozilowreh
1 | P a g e FAC -C PROCTORE D EXAM 2024 WITH ACTUAL CORRECT QUESTIONS AND VERIFIED DETAILED ANSWERS |FREQUENTLY TESTED QUESTIONS AND SOLUTIONS |ALREADY GRADED A+|NEWEST|GUARANTEED PASS |LATEST UPDATE What clause does this describe: Except for defaults of subcontractors at any tier, the Contractor shall not be in default because of any failure to perform the contract under its terms if the failure arises from causes beyond the control and without the fa ult or negligence of the Contractor? Excusable delays Examples of excusable delays are - (select all that apply): A. Acts of the government B. Fires C. Bad weather D. Quarantine restrictions E. Freight Embargoes F. Contractor human resource constraints A B D E What FAR part covers warranties? 46 Which type of warranty says an item an item should be reasonably fit for the ordinary purposes for which it is used? Implied Warranty What are the 2 types of implied warranty? merchantability (an item is reasonably fit for the ordinary purposes for which such items are used), fitness (an item is fit for use for the particular purpose for which the Government will use the items) What are the 2 types of warranties? Implied and Express What are express warranties? comme rcial warranties 2 | P a g e What FAR part coves payment terms? 32 Contract Financing When drafting solicitations and contracts, contracting officers must identify for each line item number, subline item number, or exhibit line item number the applicable Prompt Paymen t clauses that apply to each item when the solicitation or contract contains items that will be subject to different payment terms. T What part of the FAR says only COs acting within the scope of their authority are empowered to execute contract modificati ons? 43 (Contract Modifications) Bilateral mods are used to (select all that apply) A make negotiated adjustments from a change order B Definitize letter contracts C. Issue change order D Reflect other agreements of the parties modifying terms of the contr act A B D Unilateral mods are to: (select all that apply) A. make administrative changes, issue change orders, B definitize letter contracts C. issue change orders D. make changes authorized by clauses other than a change clause (e.g. Options Clause), issu e termination notice A C D What part of the FAR covers Termination of Contracts? 49 What are the 2 main types of contract terminations (non -commercial)? Convenience and Default What type of termination is similar to default except it applies to commercial contract formats? Termination for Cause T or F Termination can apply to the entire contract or parts of a contract. T What can be done instead of a contract termination if the contractor has not incurred costs or is willing to waive them and no amount is due to the government? No-Cost Settlement Agreement Which type of contract termination is the exercise of the governmen t's right to completely or partially terminate performance of work under a contract when it is in the government's interest? Termination for Convenience 3 | P a g e Which type of contract termination is the exercise of the Government's contractual right to completely or partially terminate a contract because of the contractor's actual or anticipated failure to perform its contractual obligations? Termination for Default What is sent when it appears that the contractor has breached the contract and the Government is considering a termination action? Delinquency Notice What type of notice is used when a contractor fails to make progress and performance is endangered, Performance problems do not involve terms for delivery, and at least 10 days remain for contract performan ce and correction of the problem can be reasonably expected in the time remaining. Cure Notice What notice is used either after the cure notice fails to correct the delinquency or when there is insufficient time remaining in the schedule - less than 10 -days. Show Cause (The point of the show cause is to determine the circumstance of the situation that may be beyond the control of the contractor. It informs the contractor of any liabilities in the event of the termination and asks the contractor to provide e vidence as to why they should not be terminated for default.) Market research is conducted during which phase of acquisition? All phases of the acquisition What is the use of a procedure that is inconsistent with the FAR? Deviation Simplified Acquisition P rocedures (SAP) should: A. Promote competition to the maximum extent practicable B. Consider all quotations or offers, regardless of the time they are received, if they are the most reasonable C. Promote the use of current vendors for time -saving purposes D. Equally consider all businesses, large or small A Promote competition to the maximum extent practicable What is the tool (form) used by DoD to apply a structured profit/fee? DD Form 1547, Weighted Guidelines Method What type(s) of contracts can be award ed when acquiring commercial items of supply? A. Only firm -
fixed -price contracts or fixed -price contracts with economic price adjustment B. Any contract type that does not have an incentive C. Any fixed -price contract type D. Any type or combination of typ es as determined necessary by the contracting officer A. Only firm -fixed -price contracts or fixed -price contracts with economic price adjustment 4 | P a g e When using invitations for bids (IFBs), what type(s) of contracts can be awarded? A. Any contract type that doe s not have an incentive B. Any fixed -price contract type C. Any type or combination of types as determined necessary by the contracting officer D. Only firm -fixed -price contracts or fixed -price contracts with economic price adjustment Only firm -fixed -price contracts or fixed -price contracts with economic price adjustment Which of the following is correct regarding the DFARS Procedures Guidance and Information (PGI)? A. There is no such thing as a DFARS PGI B. The DFARS PGI is a companio n resource to the DFARS C. The DFARS PGI is not numbered similarly to the DFARS D. The DFARS PGI is only used by DCMA and DCAA B. The DFARS PGI is a companion resource to the DFARS Which of the following statements is accurate regarding the Government's po licy on contract modifications? A. It is preferred that program managers sign modifications in lieu of the contracting officer B. Any contract specialist can direct a contractor to perform work before the execution of the contract modification C. A contrac ting officer representative is authorized to execute contract modifications on behalf of the Government D. Only contracting officers acting within the scope of their authority are authorized to execute contract modifications on behalf of the Government D. Only contracting officers acting within the scope of their authority are authorized to execute contract modifications on behalf of the Government Which of the following is accurate about unilateral modifications? A. Are only signed by a Government contract ing officer, not the contractor B. Can be signed by the contract specialist C. Are used to definitize contracts with price changes D. Are used to add scope to a contract A. Are only signed by a Government contracting officer, not the contractor Except when authorized otherwise, a Government contract: A. Need not be in writing B. Must be in writing C. Must be presented as a "hard copy" on paper D. Must have oral confirmation B. Must be in writing Which is NOT a type of contracting officer? A. Contracting off icer B. Administrative contracting officer C. Terminating contracting officer D. Executive contracting officer D. Executive contracting officer With respect to the requirements of law, executive orders, regulations, and all other applicable procedures, pri or to signing a contract, a contracting officer must: A. Document noncompliance B. Ensure that each has been met C. Obtain legal validation that each has been met D. Ensure that all statutory requirements have been met and try to ensure all regulations or applicable procedures have been followed B. Ensure that each has been met Joan stated that she was working on selecting solicitation provisions. With this in mind, you know the contract: A. Is ready for closeout B. Was recently awarded C. Is nearing comple tion D. Has not been awarded

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