CON 3990V ACTUAL EXAM QUESTION BANK
COMPLETE 500 QUESTIONS AND DETAILED
SOLUTIONS JUST RELEASED THIS YEAR
FAR Part 1 - CORRECT ANSWER✔✔Federal Acquisition Regulation System
Question: FAR Part 2 - CORRECT ANSWER✔✔Definitions of Words and Terms
Question: FAR Part 3 - CORRECT ANSWER✔✔Improper Business Practices & Personal Conflicts
of Interest
Question: FAR Part 4 - CORRECT ANSWER✔✔Administrative Matters
Question: FAR Part 5 - CORRECT ANSWER✔✔Publicizing Contract Actions
Question: FAR Part 6 - CORRECT ANSWER✔✔Competitive Requirements
Question: FAR Part 7 - CORRECT ANSWER✔✔Acquisition Planning
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Question: FAR Part 8 - CORRECT ANSWER✔✔Required Sources of Supplies and Service
Question: FAR Part 10 - CORRECT ANSWER✔✔Market Research
Question: FAR Part 12 - CORRECT ANSWER✔✔Acquisition of Commercial Items
Question: FAR Part 13 - CORRECT ANSWER✔✔Simplified Acquisition Procedures (SAP)
Question: FAR Part 15 - CORRECT ANSWER✔✔Contract by Negotiation
Question: FAR Part 16 - CORRECT ANSWER✔✔Types of Contracts
Question: FAR Part 19 - CORRECT ANSWER✔✔Small Business Programs
Question: FAR Part 31 - CORRECT ANSWER✔✔Contract Cost Principles & Procedures
Question: FAR Part 33 - CORRECT ANSWER✔✔Protests, Disputes, and Appeals
Question: FAR Part 42 - CORRECT ANSWER✔✔Contract Administration & Audit Services
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Question: FAR Part 44 - CORRECT ANSWER✔✔Subcontracting Policies & Procedures
Question: FAR Part 46 - CORRECT ANSWER✔✔Quality Assurance
Question: FAR Part 49 - CORRECT ANSWER✔✔Termination of Contracts
Question: FAR Part 50 - CORRECT ANSWER✔✔Extraordinary contractual actions and safety act
Question: FAR Part 51 - CORRECT ANSWER✔✔Use of Government Sources by Contractors
Question: FAR Part 52 - CORRECT ANSWER✔✔Solicitation Provisions and Contract Clauses
Question: FAR Part 53 - CORRECT ANSWER✔✔FORMS
Question: Contracting Life Cycle Phases - CORRECT ANSWER✔✔1. Pre-Award
2. Award
3. Post Award
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Question: Communication and Decision Making Bias - CORRECT ANSWER✔✔1. Minimize
influence of Personal biases
2. Maximize the likelihood of a successful result.
3. Facilitate communication among affected parties.
Question: Minimize the Effect of Personal Biases - CORRECT ANSWER✔✔The contracting
professional should strive to minimize the influence of personal biases.
Question: Maximize the likelihood of Successful Results - CORRECT ANSWER✔✔1. AR 1.102-
4(e) states that contracting officers "should take the lead in encouraging business process
innovations and ensuring that business decisions are sound."
Question: Facilitate Communications Among Affected Parties - CORRECT ANSWER✔✔1.
Effective communication minimizes the effect of personal biases, maximizes the likelihood of
successful results, and facilitates communications among affected stakeholders.
Question: Cost, quality and timeliness of products and services - CORRECT ANSWER✔✔1. FAR
1.102-2(a) tells contracting professionals that a guiding principle is to satisfy customers in terms
of cost, quality, and timeliness of the delivered product or service.
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