Which of the following requires the use of modular contracting for major IT system
purchases?
-The Sarbanes-Oxley Act
-The Clinger-Cohen Act
-SCA
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-ITRA - CORRECT ANSWER-The Clinger-Cohen Act
Who is responsible for ensuring the contractor's performance is in accordance with the
contract?
-The contracting officer
-The seller's contract manager
-Contract managers on the buyer and seller sides
-The government - CORRECT ANSWER-Contract managers on the buyer and seller
sides
Which of the following is true about commercial contract modifications?
-Contract changes must always be in writing
-The UCC does not require consideration for the modification to be valid
-A modification does not need to comply with the statute of frauds
-Commercial contract modifications are governed by FAR Part 43 - CORRECT
ANSWER-The UCC does not require consideration for the modification to be valid
Which of the following is true about ethical behavior?
-It includes both personal and organizational ethics
-It is separate from one's own life experiences
-Societal norms have no impact on whether a particular action is right or wrong
-Organizational ethics is more of a philosophical matter than a fact-based one -
CORRECT ANSWER-It includes both personal and organizational ethics
Who may make changes to a government contract?
-The agency head
-A contracting officer, acting within the scope of his or her authority
-The contractor
-Any representative of the government - CORRECT ANSWER-A contracting officer,
acting within the scope of his or her authority
Which of the following is true about the six-step contract changes management
process?
-It mirrors the phases of the contract life cycle
-It is only appropriate for use by government agencies
-It will always result in on-time delivery or on-budget completion of the work
-It begins with the award of a contract change - CORRECT ANSWER-It mirrors the
phases of the contract life cycle
Whose responsibility is effective contract administration?
-The contracting officer
-The buyer
-The seller
-Both the buyer and the seller - CORRECT ANSWER-Both the buyer and the seller
Which of the following provides an authoritative, formalized, written set of guidelines
that require certain actions and prohibit others?
-Regulations
-Ethics
-Values
-Morals - CORRECT ANSWER-Regulations
Which of the following is not one of the three basic types of SOWs?
-Performance
-Functional
-Specification
-Design - CORRECT ANSWER-Specification
Which of the following is not a required task of contract closeout?
-Disposition of buyer-furnished property
-Signing a formal notice of contract completion
-Verifying payment of all contractor invoices
-Providing feedback and rewards for superior performance - CORRECT ANSWERProviding feedback and rewards for superior performance
Which of the following is real property?
-Wood used in the construction of a building
-Screws used to assemble a machine
-A warehouse for the storage of equipment
-A test unit modified to accomplish special-purpose testing - CORRECT ANSWER-A
warehouse for the storage of equipment
Which of the following is not in the "perform contract" domain?
-Administer contract
-Ensure quality
-Manage legal conformity
-Manage changes - CORRECT ANSWER-Manage legal conformity
Which of the following is an assessment tool used when determining what elements in
the functional statement are in full compliance, what elements are in partial compliance,
and what elements are noncompliant? [Show Less]