COR COR Invoice Review & Payment Processing

Question 1

What form is typically used to document COR acceptance of goods or services for payment purposes?

Accepted Answer

DD Form 250

Answer

SF-1449

Answer

DD Form 1149

Answer

OF-347

Question 2

Within how many days must the government generally make payment under the Prompt Payment Act after receiving a proper invoice?

Accepted Answer

30 days

Answer

15 days

Answer

45 days

Answer

60 days

Question 3

What should a COR do if an invoice includes charges for work not yet performed?

Accepted Answer

Reject it and notify the Contracting Officer

Answer

Approve it to maintain contractor relations

Answer

Pay only the completed portion without notifying the CO

Answer

Ignore the discrepancy if the amount is small

Question 4

Which document serves as the primary basis for a COR to certify that services were received before approving an invoice?

Accepted Answer

COR surveillance log and inspection records

Answer

Contractor's original bid

Answer

Purchase request

Answer

Delivery order number

Question 5

What is an 'improper invoice' under the Prompt Payment Act?

Accepted Answer

An invoice missing required information such as the contract number

Answer

An invoice submitted before the period of performance ends

Answer

An invoice for an amount over $100,000

Answer

An invoice submitted electronically rather than on paper

Question 6

Who has the final authority to approve payment to a contractor?

Accepted Answer

Contracting Officer

Answer

COR

Answer

Program Manager

Answer

DCAA auditor