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BUNDLE FOR CON 3900 Exam Questions with Correct Answers

1 Exam (elaborations) CON 3900 Exam Questions with Correct Answers 2 Exam (elaborations) Con Exam Questions and Answers All Correct 3 Exam (elaborations) Con 3900 Test Questions with Correct Answers 4 Exam (elaborations) CON 3900 Quizes with Complete Solutions 5 Exam (elaborations) CON 3900 Qu...

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CON 3900 Week 4 Exam Questions and Answers All Correct

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CON 3900 Week 4 Exam Questions and Answers All Correct How can a prospective contractor be determined responsible IAW FAR 9.104-1? (1 of 7) - Answer-Have adequate financial resources to perform the contract, or the ability to obtain them How can a prospective contractor be determined responsi...

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CON 3900 Week 3 Test Questions with Answers All Correct

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CON 3900 Week 3 Test Questions with Answers All Correct Where does the majority of risk fall in a firm-fixed price contract? - Answer-The contractor What is the definition of price according to FAR 15.401? - Answer-Price = Cost + any fee or profit applicable to the contract type What are the...

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CON 3900 Week 2 QUIZ Questions with Answers

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CON 3900 Week 2 QUIZ Questions with Answers Government's policy that before executing a contract, the contracting officer must: - Answer-Obtain written assurance from the responsible fiscal authority that adequate funds are available. What would be the preferred way to acquire an item in Gov...

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CON 3900 Cost and Price Analysis Test Questions With Correct Answers

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CON 3900 Cost and Price Analysis Test Questions With Correct Answers What is the definition of Price? - Answer-cost plus any fee or profit What is the Government's Pricing Policy? - Answer-comes from reasonable sources, and is done independently and separately; must be fair and reasonable So...

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CON 3900 Quiz Questions with Correct Answers

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CON 3900 Quiz Questions with Correct Answers What type of contract shall not be used in Government contracting? - Answer-Cost-plusa-percentage-of-cost Contract What types of contracts can be awarded when acquiring commercial items of supply? - Answer-Firm-fixed-price contracts or fixed-price c...

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CON 3900 Quizes with Complete Solutions

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CON 3900 Quizes with Complete Solutions What type of contract shall not be used in Government contracting? - Answer-Cost-plusa-percentage-of-cost Contract What types of contracts can be awarded when acquiring commercial items of supply? - Answer-Firm-fixed-price contracts or fixed-price contra...

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Con 3900 Test Questions with Correct Answers

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Con 3900 Test Questions with Correct Answers When using invitations for bids (IFBs), what types) of contracts can be awarded? - Answer-Only firm-fixed-price contracts or fixed-price contracts with economic price adjustment The contracting officer shall take which of the following actions to e...

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Con Exam Questions and Answers All Correct

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Con Exam Questions and Answers All Correct Express Actual Authority: - Answer-Authority explicitly given to the agent through the principal's written or oral instructions Implied Actual Authority: - Answer-authority to do what is usual, customary and necessary to accomplish the action. No e...

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