Con 3990v- Pre Practice Test 2 Questions Already Passed

Costs that are expressly unallowable or mutually agreed to be unallowable shall be identified and excluded from any ________, _________, or __________ applicable to a Government contract. Billing, negotiation, or protest Billing, claim, or proposal Negotiation, claim, or protest {Ans: Billing, claim, or proposal}Market research helps contracting officers develop solicitation provisions and contract clauses. Information from market research can? (Choose all that apply) Uncover best commercial practices that business use to acquire similar goods and services. Highlight commercial specifications that may meet military needs. Identify restrictive terms that will reduce competition. Deepen our understanding of the best criteria for selecting a company for contract award. {Ans: Uncover best commercial practices that business use to acquire similar goods and services. Highlight commercial specifications that may meet military needs. Identify restrictive terms that will reduce competition. Deepen our understanding of the best criteria for selecting a company for contract award.}Market research is a one-time step in the acquisition process. True False {Ans: False}A cost-plus-a-percentage-of-cost system of contracting is prohibited. True False {Ans: True}Contracting officers ________ prepare solicitations/invitations for bids using the Uniform Contract Format (UCF). {Ans: Shall}Market research means collecting and analyzing information about capabilities within the