Question 1

FAR stands for:

Accepted Answer

Federal Acquisition Regulations

Answer

Federal Addressable Requirements

Answer

Federal Acquirements Regulations

Answer

None of the listed options

Question 2

The FAR are guidelines that govern government personnel in the daily operation of acquiring products and services for their Departments and Agencies?

Accepted Answer

true

Answer

false

Question 3

How many parts are there to the FAR?

Accepted Answer

53

Answer

52

Answer

24

Answer

68

Question 4

The FAR does not deal with conflict of interest

Accepted Answer

false

Answer

true

Question 5

The DFARS are a supplement for:

Accepted Answer

Defense

Answer

Department

Answer

Deregulation

Answer

NASA

Question 6

You can get into trouble for the following reasons:

Accepted Answer

All of the listed options

Answer

Generosity

Answer

Back Channel

Answer

Kick Backs

Question 7

The "Gift Rule" exception allows you to give a Federal customer:

Accepted Answer

A gift valued at $20 or less and no more than $50 a calendar year

Answer

Nothing ever

Answer

A gift valued at $100 in a calendar year

Answer

A gift valued at $20 or less and no more than $1,000 a calendar year

Question 8

The FAR defines Full and Open Competition

Accepted Answer

true

Answer

false

Question 9

Work Smart update allows Contracting Officers to use:

Accepted Answer

Good business practices

Answer

A method to buying new computers to work smarter

Answer

All of the listed options

Answer

Teach other Departments how to work smarter

Question 10

Office of Government Ethics oversee the __________ branch ethics programs

Accepted Answer

Executive

Answer

Commercial

Answer

Judicial

Answer

Federal

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