Practice Test Geeks(FAC) Federal Acquisition Certification Practice Test
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Documentation & Reporting Flashcards

7 cards from real FAC practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Documentation & Reporting flashcards as text

  1. A contracting officer needs to document the decision to use other than full and open competition for a follow-on production contract. Which exception under FAR 6.302 is most appropriate?

    Answer: Only one responsible source and no other supplies or services will satisfy agency requirements (FAR 6.302-1)

    FAR 6.302-1 applies when a follow-on contract for continued development or production creates a unique situation where only one source can meet the agency's needs without unacceptable disruption.

  2. What is the purpose of documenting 'lessons learned' in a post-award acquisition report?

    Answer: To improve future acquisitions by capturing best practices and process improvements

    Lessons learned documentation captures successes and challenges to continuously improve acquisition processes and avoid repeating mistakes in future procurements.

  3. Which system is the authoritative source for federal contract and order data used by OMB, Congress, and the public?

    Answer: Federal Procurement Data System – Next Generation (FPDS-NG)

    FPDS-NG is the primary government-wide reporting system that feeds procurement data to OMB, Congress, and public transparency sites like USASpending.gov.

  4. A COR fails to document a contractor's failure to meet a key performance metric. What is the most likely consequence?

    Answer: The government loses the evidentiary basis to pursue contract remedies or negative past performance ratings

    Without contemporaneous COR documentation, the government may be unable to substantiate performance issues needed to support remedies, deductions, or negative CPARS ratings.

  5. For a negotiated procurement, FAR 15.403-4 requires certified cost or pricing data when the contract value exceeds:

    Answer: $2 million

    FAR 15.403-4 requires contractors to submit certified cost or pricing data when the negotiated price exceeds $2 million, subject to certain exceptions.

  6. Which document in a contract file captures the market research conducted prior to solicitation to determine commercial availability and pricing?

    Answer: Market Research Report

    The Market Research Report documents the methods, sources consulted, and findings of pre-solicitation research used to shape the acquisition strategy and requirements.

  7. Under FAR 4.1601, what is the purpose of the Unique Entity Identifier (UEI) in contract documentation?

    Answer: To uniquely identify each contractor in federal procurement databases and records

    The UEI (formerly DUNS number) is a unique identifier assigned to each entity doing business with the federal government, enabling accurate tracking across procurement and financial systems.