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T5 - FARS

Quiz by Jimmy Severson

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10 questions
Show answers
  • Q1
    FAR stands for:

    Federal Addressable Requirements

    Federal Acquirements Regulations
    Federal Acquisition Regulations
    None of the above
  • Q2
    The FAR are guidelines that govern government personnel in the daily operation of acquiring products and services for their Departments and Agencies?
    true
    false
  • Q3
    How many parts are there to the FAR?

    52

    24
    53
    68
  • Q4
    The FAR does not deal with conflict of interest
    false
    true
  • Q5
    The DFARS are a supplement for:
    Defense
    Department
    Deregulation
    NASA
  • Q6
    You can get into trouble for the following reasons:
    Generosity
    Back Channel
    Kick Backs

    All the above

  • Q7
    The "Gift Rule" exception allows you to give a Federal customer:
    Nothing ever
    A gift valued at $100 in a calendar year
    A gift valued at $20 or less and no more than $1,000 a calendar year

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

  • Q8
    The FAR defines Full and Open Competition
    true
    false
  • Q9
    Work Smart update allows Contracting Officers to use:

    Teach other Departments how to work smarter

    A method to buying new computers to work smarter
    Good business practices
    All the above

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