CON 2370 SAP Exam | Simplified Acquisition Procedures | Actual Exam Questions and Answers, Exams of Accounting

Download CON 2370 SAP Exam | Simplified Acquisition Procedures | Actual Exam Questions and Answers and more Exams Accounting in PDF only on Docsity! CON 2370 SAP Exam | Simplified Acquisition Procedures | Actual Exam Questions and Answers | Professor Verified Three quotes were received in response to your solicitation for training services. Evaluation was based on a tradeoff between price and past performance. The assigned past performance ratings and quoted prices were as follows: Vendor A - Unacceptable, $216,150; Vendor B - Acceptable, $248,500; and Vendor C - Outstanding, $237,200. Which one of the following statements about the award decision is correct? ---- CORRECT ANSWER--------Not - Vendor B is the apparent awardee and price reasonableness could be based on any reasonable basis Not - Vendor A is the apparent awardee and price reasonableness would be based on competition Vendor c You are the contracting officer for a noncommercial bilateral purchase order for supplies valued at $155,600. Which one of the following actions would be executed using a unilateral modification? -- --CORRECT ANSWER--------Not -Making a negotiated equitable adjustment Not - Recognizing an agreement to modify the schedule. Issuing a termination notice You are the contracting officer for a firm-fixed-price purchase order for commercial services with a value of $1,425,000. Your customer has notified you that one of the contractually required reports accepted by the Government was submitted five days late. You investigate and verify that the report was submitted late. Which one of the following statements regarding the nonconforming performance is FALSE? ----CORRECT ANSWER--------Not - The Government may seek an equitable price reduction for accepting the late report if reperformance of the nonconforming service is not possible. Not - The government may seek consideration for accepting the late report if reperformance of the nonconforming service is not possible. Not - The Government may require reperformance of the nonconforming service at no increase to the contract price. The government must pay for the reperformance of the nonconforming service because the report was accepted. Which one of the following is NOT correct regarding documenting the award of a buy using SAP? ----CORRECT ANSWER--------19. Maybe not - Records of oral price quotations must be established to clearly reflect the appropriateness of the award decision. Not - Price reasonableness should be based on competitive quotes or offers whenever possible. Not - A statement of price reasonableness is not required when only one quote or offer is received. You just made a purchase for supplies in the amount of $22,300. You solicited quotations orally from four local sources. Which one of the following statements is correct regarding providing notice to the unsuccessful suppliers? ----CORRECT ANSWER--------notice to the unsuccessful suppliers cannot be provided because an oral solicitation was used. notice to unsuccessful suppliers is never required when using SAP Not - Notice must be provided to each of the unsuccessful suppliers notice to the unsuccessful suppliers will only be given if requested. Which one of the following would result in the establishment of a contract? ---- CORRECT ANSWER--------Not - Supplier validates the terms of the quotation Not - Government issuance of an order in response to a quotation Supplier's written acceptance of an order Supplier furnishes the ordered supplies Substantial performance by the supplier Written Solicitation You have a requirement for a one-time purchase with an estimated value of $180,700. You are not required to synopsize this contract action. Which one of the following describes the competition requirement for this acquisition? ----CORRECT ANSWER----- ---Not - The acquisition must utilize full and open competition. Not - There is no requirement for competition if the price is considered reasonable. Not - Quotes must be solicitated from all sources within the local trade area Quotes must be solicited from at least three sources Which one of the following statements about solicitations using SAP is correct? ---- CORRECT ANSWER--------Not - Evaluations subfactors must be listed Not - It is not necessary to include the basis on which award will be made Not - Evaluations subfactors must be listed Not - It is not necessary to include the basis on which award will be made Not - The relative importance of each evaluation factor must be stated Buyers are encouraged to use best value Not - Buyers are discouraged from using best value Stating the relative importance assigned to each evaluation factor is not required. The basis on which award will be made must be stated. You are the contracting officer for a commercial services requirement with an estimated value of $2,600,000. None of the exceptions in FAR 5.202 apply. Which one of the following correctly describes the requirement for publicizing this proposed contract action? ----CORRECT ANSWER--------Notice of the proposed action must be transmitted to the GPE. You have a repetitive requirement for individual purchases of the same commercialservice. The estimated value of the individual purchases range from $75,000 to $500,000. Which one of the following simplified acquisition methods would be the most appropriate to use? ----CORRECT ANSWER--------Blanket Purchase Agreement (BPA) Which one of the following is NOT one of the first steps taken when quotations are received in response to a solicitation using SAP? ----CORRECT ANSWER--------Not - Reviewing the quotations for responsibility Not - Reviewing electronic and digital submission to ensure they are readable Not - Ranking the quotations by technical acceptability Ensuring quotations are marked with the date and time they were received 7. Documenting the quotations with the date and time they were received Not - Safeguarding proprietary and sensitive information in the quotations form improper release. Which one of the following statements about the evaluation of quotations or offers using SAP is true? ----CORRECT ANSWER--------Not - discretion to evaluate quotations. Not - A formal evaluation must be established prior to evaluating quotations or offers. Not - A formal evaluation plan must be established prior to receipt of quotations or offers Not - For efficiency purposes, the contracting officer is not required to consider all quotations or offers. Not - Conducting comparative evaluations of quotations or offers is not permitted. Not - Contracting officers have the discretion to use the evaluation procedures prescribed in FAR parts 14 and 15. 19. Quotations or offers must be evaluated using the basis stated in the solicitation. The contracting officer is required to consider all quotations or offers You have just been informed that a purchase order you recently awarded for commercial supplies is no longer needed and must be cancelled. The order was not accepted in writing by the contractor. Which one of the following statements is true? ----CORRECT ANSWER--------Not - The purchase order is considered cancelled if the contractor accepts the Government's written cancellation and does not claim costs were incurred. Not - The purchase order must be terminated in accordance with FAR 12.403 and Far 52.212-4 Not - A purchase order cannot be cancelled afterward unless the contractor is in default. You are reviewing the requirements package for the purchase of automatic standby generators. Market research results identify multiple sources in the commercial marketplace that meet the essential physical characteristics for this requirement. The generators were previously procured using a military specification that includes restrictive conditions that are not justified. Which one of the following is correct regarding the policies for describing your agency's needs? ----CORRECT ANSWER--------The requirement should be defined in terms that ensure it can be met by commercial products. Only one quote was received in response to your competitive solicitation for Government-unique tool kits that utilized the lowest price technically acceptable source selection process. The quote, from Tool Warehouse, was determined to be technically acceptable and was for a price of $124,500. Which one of the following statements about the award decision is correct? ---- CORRECT ANSWER--------Not - The requirement must be reconsolidated in order to obtain competition. You have a requirement for a noncommercial purchase with an estimated value of $225,000. Notice of the proposed contract action is required, and no exceptions apply Which one of the following solicitation methods would be most appropriate? ---- CORRECT ANSWER--------Not - Combined synopsis/solicitation. not written solicitation Not - Written solicitation. Not - Oral solicitation Electric Commerce The part was developed using Government funding and is only sold to DoD agencies. Not - The part sold to the general public needs extensive modifications not customarily available in the commercial marketplace. The services are offered and sold competitively in substantial quantities in the commercial marketplace based on market prices You are the contracting officer for a noncommercial supply contract valued at $155,600. Which one of the following actions would be executed using a bilateral modification? ---- CORRECT ANSWER--------Not - Making a negotiated equitable adjustment Which one of the following statements about solicitations using SAP is correct? ---- CORRECT ANSWER-------- You are the contracting officer for a firm-fixed-price commercial services contract that was partially terminated for convenience. You are in the process of negotiating the termination settlement. All services that were not terminated were successfully performed. Which one of the following statements about contract closeout is correct? ----CORRECT ANSWER--------The contract file cannot be closed at this time You are the contracting officer for a firm-fixed-price purchase order for noncommercial supplies that includes the clause at FAR 52.213-4. One week after delivery and acceptance of the items, the end user complains that the goods are not functioning as expected. You investigate and determine that the items are not fully compliant with the specification in the contract. ----CORRECT ANSWER--------Not - The Government The contractor You have a requirement for a one-time purchase with an estimated value of $18,700. This acquisition is not required to be synopsized and access to the solicitation will not be provided in the GPE. Which one of the following describes the competition requirement for this acquisition? -- --CORRECT ANSWER--------NOt - there is no requirement for competition if the price is considered reasonable. Competition is normally obtained by soliciting from sources within the local trade area. You have a requirement for repair parts to support routine maintenance services at the shop on your base. The parts are sold to the general public and are used for nongovernmental purposes. The estimated dollar value of the acquisition is $625,000. Which one of the following statements is true? ----CORRECT ANSWER--------The use of simplified acquisition procedures is authorized You just made a purchase for services in the amount of $20,700. You used a written solicitation to solicit quotations from three local sources. Which one of the following statements is correct regarding providing notice to the unsuccessful vendors? ----CORRECT ANSWER--------Notice to the unsuccessful vendors will only be given if requested You are the contracting officer for a firm-fixed-price purchase order for commercial supplies with a value of $565,000. Two weeks after delivery and acceptance of the items, the end user complains that the goods are not functioning as expected. You investigate and determine that the items are not fully compliant with the specification in the contract. Who would bear the cost of correcting the nonconforming supplies that were accepted by the Government?Correct ----CORRECT ANSWER--------The Contractor 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? ----CORRECT ANSWER--------Not - Simplified acquisition procedures must be used The use of simplified acquisition procedures is prohibited You are the contracting officer for a construction requirement with an estimated value of $20,600. Access to the written solicitation will not be provided in the GPE, and none of the exceptions in FAR 5.202 apply. Which one of the following correctly describes the requirement for publicizing this proposed contract action? ----CORRECT ANSWER--------Not - Notice of the proposed action must be transmitted to the GPE. Not - Notice of the solicitation, or a copy of the solicitation, must be posted in a public area Not - There is no requirement to publicize this action. Maybe - Notice of the proposed action must be transmitted to the GPE. You are the contracting officer for a commercial product requirement with an estimated value of $178,000. Only one quotation was received in response to the competitive solicitation, and the information obtained through market research is insufficient to determine the quoted price fair and reasonable. Which one of the following statements about the price reasonableness determination is most appropriate? ----CORRECT ANSWER--------Recent purchase prices paid for the item under similar terms and conditions should be considered if they are still valid comparison Not - The requirement must be resolicited in order to obtain competition. Recent purchases Which one of the following is correct regarding documenting the award of a buy using SAP? ----CORRECT ANSWER--------Not - Award documentation must be extensive and detailed Not - Records of oral price quotations are not required Not - Records of oral price quotations must be established to clearly reflect the appropriateness of the award decision. Not - Comparison of competitive quotes or offers is the least preferred method for determining price reasonableness. You are the contracting officer for a firm-fixed-price services contract valued at $105,975. Which one of the following statements about contract closeout is correct? ---- CORRECT ANSWER--------Not - The contract must be closed within six months after you've received evidence of receipt of services and final payment 5. The contract is considered closed once you receive evidence of receipt of property and final payment Which one of the following statements is correct? ----CORRECT ANSWER--------Not - You have the right to exercise the option using a unilateral modification. Not - no further action is required to exercise the option Not - you no longer have the right to exercise the option You no longer have the right to exercise the option using a unilateral modification. Not - You may exercise the option using a unilateral modification Which one of the following is NOT a mandatory Government source for satisfying a supply requirement? ----CORRECT ANSWER--------Not - Excess from other agencies Not - Wholesale supply sources Commercial sources You have just been informed that a purchase order you recently awarded for noncommercial supplies is no longer needed and must be cancelled. The order was accepted in writing by the contractor. Which one of the following statements is true? ----CORRECT ANSWER--------Not - The purchase order is considered cancelled if the contractor accepts the Government's written cancellation and does not claim costs were incurred Not - The purchase order must be terminated in accordance with FAR 12.403 and FAR 52.212-4. Not - The purchase order is considered cancelled once the contracting officer verifies the contractor has received the Government's written cancellation. The purchase order must be terminated in accordance with FAR part 49 or FAR 52.213- 4 You are reviewing the requirements package for the purchase of videoconferencing equipment. Market research results identified multiple sources for this equipment in the commercial marketplace. The purchase description requires a particular brand name because the users are familiar with this brand of equipment and would prefer to not have to learn how to use a different brand. Which one of the following is correct regarding the policies for describing your agency's needs? ----CORRECT ANSWER--------Not -Vendor B Not - The brand name purchase description may be used because there are no limitations for using provisions Not - A brand name purchase description is only permitted if the item is not commercial A brand name purchase description is only permitted if the item is not commercial 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? ----CORRECT ANSWER--------agreement parties You have a requirement for a purchase with an estimated value of $13,000. The use of electronic commerce is not practical, and notice of the proposed contract action is not required. Which one of the following solicitation methods would be most appropriate? --- -CORRECT ANSWER--------Not - Written solicitation Not - Electronic solicitation Oral solicitation 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? ----CORRECT ANSWER--------The use of simplified acquisition procedures is prohibited. 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? ----CORRECT ANSWER--------The contract is considered closed once you receive evidence of receipt of property and final payment. You are the contracting officer for a noncommercial supply contract valued at $155,600. Which one of the following actions would be executed using a bilateral modification? (There is another question almost Identical to this one) ----CORRECT ANSWER-------- Making a negotiated equitable adjustment You have a requirement for a new contract for janitorial services at your military installation. The Base Commander has expressed the need for clearly stated performance objectives, as the current contractor performing the services is not meeting the Commander's expectations. Consistent with the order of precedence for requirements documents, which one of the following documents would be included in the new contract? ----CORRECT ANSWER--------A Performance Work Statement (PWS) Which one of the following mandatory Government sources is the first priority for satisfying a requirement for supplies? ----CORRECT ANSWER--------Inventories of the requiring agency You are reviewing the requirements package for the purchase of lab equipment for a health clinic that does not exceed the SAT. It must be compatible with the equipment currently being used at the clinic. This is essential in meeting the agency's needs. Market research identified only one manufacturer able to meet the requirement for compatible equipment. Which one of the following is correct regarding the policies for describing your agency's needs? ----CORRECT ANSWER--------The basis for not providing for maximum competition must be documented in the contract file Which one of the following would result in the establishment of a contract? ---- CORRECT ANSWER--------Supplier furnishes the ordered supplies You just made a purchase for services in the amount of $20,700. You used a written solicitation to solicit quotations from three local sources. Which one of the following statements is correct regarding providing notice to the unsuccessful vendors? ----CORRECT ANSWER--------Notice to the unsuccessful vendors will only be given if requested Which one of the following is NOT one of the first steps taken when quotations are received in response to a solicitation using SAP? ----CORRECT ANSWER--------Reviewing the quotations for responsibility Which one of the following statements is correct regarding providing notice to the unsuccessful suppliers? ----CORRECT ANSWER--------Notice to the unsuccessful suppliers will only be given if requested. Which one of the following is NOT a mandatory Government source for satisfying a supply requirement? ----CORRECT ANSWER--------Commercial sources You are the contracting officer for a noncommercial bilateral purchase order for supplies valued at $155,600. Which one of the following actions would be executed using a unilateral modification? (Similar question warning) ----CORRECT ANSWER--------Issuing a termination notice You have a requirement for a new contract for grounds maintenance at your military installation. The Base Commander has expressed the need for clearly stated performance objectives, as the current contractor performing the services is not meeting the Commander's expectations. Consistent with the order of precedence for requirements documents, which one of the following documents would be included in the new contract? (Similar question warning) ----CORRECT ANSWER--------A Performance Work Statement (PWS) Which one of the following is correct regarding documenting the award of a buy using SAP? ----CORRECT ANSWER--------Records of oral price quotations must be established to clearly reflect the appropriateness of the award decision. You have a repetitive requirement for individual purchases of the same commercial service. The estimated value of the individual purchases range from $75,000 to $500,000. Which one of the following simplified acquisition methods would be the most appropriate to use? ----CORRECT ANSWER--------Blanket Purchase Agreement (BPA) You are the contracting officer for a commercial services requirement with an estimated value of $2,600,000. None of the exceptions in FAR 5.202 apply. Which one of the following correctly describes the requirement for publicizing this proposed contract action? ----CORRECT ANSWER--------Notice of the proposed contract action must be transmitted to the GPE Which one of the following statements about solicitations using SAP is correct? (Similar question warning) ----CORRECT ANSWER--------The basis on which award will be made must be stated. You are the buyer for a construction requirement with an estimated value of $75,000. A notice of the proposed contract action is required. Which one of the following solicitation methods must be used? ---- CORRECT ANSWER--------Written solicitation 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 contracting office for a firm-fixed-price purchase order for commercial supplies with a value of $565,000. Two weeks after delivery and acceptance of the items, the user complains that the goods are not functioning as expected. You Investigate and determine that the items are not fully compliant with the specification in the contract. who would bear the cost of correcting the nonconforming supplies that were accepted by the Government? ----CORRECT ANSWER---------The Contractor T02.E05b You just made a purchase for supplies in the amount of $22,300. You solicited quotations orally from four local sources. Which of the following statements is correct regarding providing notice to the unsuccessful suppliers? ----CORRECT ANSWER------- --Notice to the unsuccessful suppliers will only be given if requested. T02.E04 You are the contracting officer for a requirement for commercial services with and estimated value of $780,000. Four quotations were received in response to the solicitation and market pricing is available. Which one of the following statements about the price reasonableness determination is most appropriate? ----CORRECT ANSWER-- -------Market research must be conducted or obtained to support the fair and reasonable determination. T03.E02 You are the contracting officer for a firm-fixed-priced services contract valued at $105,975. Which one of the following statements about closeout is correct? ---- CORRECT ANSWER---------The contract is considered closed once you've received evidence of receipt of service and final payment. T02.E03a Which one of the following is NOT one of the first steps taken when questions are received in response to a solicitation using SAP. ----CORRECT ANSWER--------- Reviewing the quotations for responsibility (1 of 3 known answers) T01.E04 You have a requirement for administrative support with an estimated value of $1,500,000. Market research shows numerous potential offerors that are competitive in terms of market price quality, and delivery. That list of potential offerors includes 4 small businesses and 8 large businesses. ----CORRECT ANSWER---------The entire acquisition must be set aside exclusively for small business. T02.E01d You are the contracting officer for a construction requirement with and estimated value of $20,600. Access to the written solicitation will not be provided in the GPE, and none of the exceptions are FAR 5.202 apply. Which one of the following correctly describes the requirement for publicizing this proposed contract action.? ----CORRECT ANSWER- --------Notice of the solicitation, or copy of the solicitation, must be posted in a public place. T03.E01a You have a requirement for a new contract for snow removal at your military installation. The Base Commander has expressed the need for clearly stated performance objectives, as the current contractor performing the services is not meeting the Commander's expectations. Consistent with the order of precedence for requirements documents, which one of the following documents would be included in the new contract. ----CORRECT ANSWER---- -----A performance Work Statement (PWS) T01.E06 You have a requirement for repair parts to support routine maintenance services at the shop on your base. the parts are sold to the general public and are used for nongovernmental purposes. The estimated dollar value of the acquisition is $625,000. Which one of the following statements is true? ----CORRECT ANSWER---------The use of simplified acquisition procedures is authorized. T03.E01b You are the contracting officer for a commercial services contract that contains options. You send the preliminary notice of your intent to extend the contract two days after the deadline outlined in the options clause. Which one of the following statements is correct? ----CORRECT ANSWER---------the option can only be exercised using a bilateral modification. T02.E02 You have a repetitive requirement for individual purchases of the same commercial service. The estimated value of the individual purchases ranges from $75,000 to $500,000. which one of the following simplified acquisition methods would be the most appropriate to use? ----CORRECT ANSWER---------Blanket Purchase Agreement (BPA) T01.E02a You are the contracting officer for a requirement for a commercial product with an estimated value of $6,200. None of the exceptions in FAR 5.202 apply. Which one of the following correctly describes the requirement for publicizing this proposed contract action? ----CORRECT ANSWER---------There is no requirement to publicize this action. T01.E02b You have a requirement for a new contract for janitorial services at your military installation. The Base Commander has expressed the need for clearly stated performance objectives, as the current contractor performing the services is not meeting the Commander's expectations. Consistent with the order of precedence for requirements documents, which one of the following documents would be included in the new contract. ----CORRECT ANSWER---- -----A performance Work Statement (PWS) T02.E01b You have a requirement for a purchase with an estimated value of $8,700. Which one of the following describes the competition requirement for this acquisition? ----CORRECT ANSWER---------There is no requirement for competition if the price is considered reasonable. T01.E06 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? ----CORRECT ANSWER---------the use of simplified acquisition procedures is prohibited. 101.E05 Which one of the following market research results would NOT support a commercial item determination? ----CORRECT ANSWER---------The part was developed using Government funding and is only sold to DoD agencies. T02.E02 You have a one time requirement for a purchases of non-commercial supplies with an estimated value of $235,000. The supplies are not immediately available. Which one of the following simplified acquisition methods would be the most appropriate to use? ---- CORRECT ANSWER---------Purchase order T03.E03a You are the contracting office for a firm-fixed-price purchase order for commercial services with a value of $1,425,000. Your customer has notified you that one of the contractually required reports accepted by the government was submitted five days late. You Investigate and verify that the report was submitted late. Which one of the following statements regarding the nonconforming performance is FALSE? ----CORRECT ANSWER---------The Government must pay for reperformance of the nonconforming service because the report was accepted. T03.E02 You are the contracting officer for a firm-fixed-priced services contract valued at $195,400. Which one of the following statements about closeout is correct? ---- CORRECT ANSWER---------The contract is considered closed once you've received evidence of receipt of receipt of property and final payment. T02.E03a Which one of the following is NOT one of the first steps taken when questions are received in response to a solicitation using SAP ----CORRECT ANSWER--------- Reviewing the quotations for responsiveness (1of3 answers) T03.E01a You are the contracting officer for a noncommercial supply contract valued at $155,600. Which one of the following actions would be executed using a bilateral modification? ---- CORRECT ANSWER---------Making a negotiated equitable adjustment T01.E02a You are reviewing the requirements package for the purchase of videoconferencing equipment. Market research results identified multiple sources for this equipment in the commercial marketplace. The purchase description requires a particular brand name because the users are familiar with this brand of equipment and would prefer to not have to learn how to use a different brand. which one of the following is correct regarding the policies for describing your agency's needs? ----CORRECT ANSWER---------The brand name purchase description is not justified and must be revised to allow companies with similar products to compete. T01.E03